Program

PubMatic – Venture Center Collaboration on Technology Incubation

PubMatic – Venture Center Collaboration on Technology Incubation aims to support entrepreneurs / start ups working on technologies with potential social impact.

Under its Corporate Social Responsibility activities PubMatic India Pvt. Ltd. has provided funding for developing Social Impact Technologies at Venture Centre. This collaboration was launched in F.Y. 2021-2022.

Objective:

  • To support technology incubation and technology entrepreneurs associated with Venture Center, an incubator approved by the Central Government (DST-NSTEDB and DBT – BIRAC of Ministry of Science and Technology).

  • Promote application of modern/advanced technologies to socio-economic problem solving

Scope

PubMatic Entrepreneurship Grant will enable an entrepreneur / startup to validate their prototype by conducting field testing / pilot studies or implementation of technologies to address social needs.

Without limiting scope unduly, the projects and technology entrepreneurs chosen shall be:

  • Focused on a leveraging science and technology/ inventions

  • Focused on building a sustainable and scalable entrepreneurial venture

  • Themes of social entrepreneurship will be preferred (maternal and child health, affordable healthcare, assisted living for elderly and disabled, energy and environment , agro/rural sector and such topics with social impact)

  • Any other themes suggested by the Project Oversight Committee (POC)

There shall be no restriction on the background of the entrepreneur. However, preference may be given to:

  • Women entrepreneurs

  • First generation entrepreneurs

  • Social enterprises

  • Any other criteria suggested by the Project Oversight Committee (POC)

Monitoring and reporting

  • Venture Center shall constitute a Program Oversight Committee (POC) for selection of grantees and to oversee the implemenation of the project.

  • The scope and extent of support to the grantee shall be decided on a case-to-case basis by POC

  • The  Project Leader shall periodically review projects and report the progress to the POC