MG Motors announces 25 Lakh Developer Program and Grant to encourage innovation
Carmaker MG Motor India announced the introduction of its MG Developer Program & Grant earlier this week. Launched in collaboration with leading technology companies such as SAP, Cognizant, Adobe, Airtel, TomTom and Unlimit, the initiative is aimed at incentivizing Indian innovators and developers to build futuristic mobility applications and experiences. The program also brings in TiE Delhi NCR as the ecosystem partner.
As part of the MG Developer Program & Grant, MG Motor India said that it will provide innovators with an unparalleled opportunity to secure mentorship and funding from industry leaders. Shortlisted ideas will receive specialized, high-level mentoring and networking opportunities to assist with the practical development of the solution, business plan and modelling, testing facilities, go-to-market strategy, etc. Winning ideas will also have access to a grant, the amount of which will be decided by the jury, on a case-to-case basis.
The MG Developer Program & Grant will initially focus on driving innovation in the following verticals: Electric Vehicles and Components, Batteries and Management, Charging Infrastructure, Connected Mobility, Voice Recognition, AI & ML, Navigation Technologies, Customer Experiences, Car Buying Experiences, and Autonomous Vehicles. The program will award grants ranging from Rs 5 lakhs to Rs 25 lakhs. The program will be open to both external developers – including students, innovators, inventors, startups and other tech companies – and internal employee teams at MG Motor and its program partners.
Details of the program and important dates are available on the website http://bit.ly/mgdeveloperprog . The program began accepting applications from the 25th of this month and will announce the grant winners from the first cohort are likely to be announced in December 2019. Next cohort details would be announced thereafter.
