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Saturday, December 3, 2022

Grant Opportunities: Global Corporate Innovation & Accelerator Program

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Deadline: Ongoing Opportunity

Applicants are invited to submit their applications for the Global Corporate Innovation & Accelerator Program.

Vedanta Spark is a global corporate innovation, accelerator & ventures program aiming to enable startups that leverage transformative & sustainable technologies to create large-scale impact in partnership with the group companies of Vedanta – the diversified energy & resources conglomerate with operations in 3 continents.

Focus Areas
  • Environmental, Social & Governance: To achieve zero harm, zero waste & zero discharge across operations at Vedanta.
  • Allied Excellence: To digitally transform the areas of commercial operations, legal & compliance, training, and digital enablement of the workforce.
  • Digital Core: To bring technological innovations in mining, metals, and oil & gas to digitally transform Vedanta’s core business.
  • Emerging Technology: To gain access to breakthrough & futuristic technologies with disruptive potential.
Benefits
  • Opportunity to collaborate & partner with Vedanta Group-one of the largest energy & resources companies with 12 Business Units across the globe
  • Leverage Vedanta’s capabilities, resources and domain expertise in the energy & resources sector
  • Opportunities for strategic investments for startups that create significant value to Vedanta
Eligibility Criteria
  • The startup must have product/solution focused on Industrial Digital Transformation in specific to Vedanta’s Focus Areas
  • The startup should have translated a core technology into a product with a potential for strong IP backing
  • Startup’s core offering should translate into a long term source of business value for Vedanta
  • Must have a working prototype or product that can be quickly validated through paid pilots
  • Proven traction in early market-stage and willing to expand to large markets
  • Technology Advantage – Differentiated/unique technology from existing technological products in the market
  • Product Advantage – Ability to scale the deployment across all Vedanta Business Units

For more information, visit https://www.vedantaspark.com/Pages/Home.aspx

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