Yesterday, Software Technology Parks of India (STPI) has launched Apiary, a Centre of Excellence (CoE) in blockchain technology at STPI Incubation Centre, Gurugram.

STPI Apiary is launched in association with the Ministry of Electronics and Information Technology (MeitY), Haryana Government, Government Blockchain Association, IBM and Intel. Apiary has also tied up with top tier academic institutions including Foundation for Innovation and Technology Transfer (FITT- IIT Delhi) Sonepat Campus.

The objectives of opening this CoE is to boost start-ups in the field of Blockchain Technology and to contribute to “Make-in-India” & “Digital India” programmes of Govt. of India by reducing imports of such services.

Apiary aims to encourage R&D, innovation, Entrepreneurship in the Blockchain Technology in India by providing physical infrastructure and support services for prototyping, developing, testing & marketing.

Targeting 100 start-ups in the next five years, the Apiary CoE, which have 80-seater state-of-the-art incubation and IBM platform, will incubate start-up units to create innovative solutions to meet the existing and emerging needs of sector; to provide business and technological mentorship & guidance in the domain; to provide networking services linking up with funding sources; to enable the creation of IPs domestically.

The Coe has also partnered with Venture Funding Agencies inlcuding Indian Angel Network, Vinners Angel Group, Padup Syndicate and Venture Catalyst.

STPI Apiary is now inviting applications from the Startups/ Entrepreneurs for Idea challenge Program in Blockchain Technology domain. The theme of Idea Challenge Programme is “AATMANIRBHAR”. The Start-ups are expected to solve the problems in the following domains using Blockchain Technology.

  • Supply Chain
  • Agriculture
  • Finance
  • E-Governance use cases pertaining to Land Records, Public Health, Labour, Service Record, Pension Delivery and Law Enforcement & Evidence Management.

The last date to apply is August 14th, 2020.


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