(ET)
Bharat Petroleum Corporation Limited signed agreements for providing grants to four startups nurtured by Kerala Startup Mission (KSUM) at Technopark, Thiruvananthapuram on Monday, under BPCL’s Project Ankur scheme.
The start-ups to benefit from the scheme are Gen Robotics, Sastra Robotics, Waferchips and Nava Design. Under the scheme, BPCL will support projects aimed at establishing innovative technology and business and business process re-engineering ideas with significant business potential, social relevance and focussed on environment-protection.
Besides the financial aid, mentor support and specific technical assistance in terms of guidance or testing on need-basis will be given by BPCL. Funding will be provided over a period of 36 months in installments against agreed/accepted milestones.