Unleashing the Power of Innovation: Matrix Global Summit 2023 Ignites DeepTech, Make in India Entrepreneurship, and Student Entrepreneurs

Launched Matrix University awards and three industry-specific thought leadership series reports during the summit

TiE Bangalore, a trailblazer in India's entrepreneurial landscape, presented the 8th edition of The Matrix Global Summit 2023 in Bengaluru on 7th and 8th June 2023. This flagship annual event focused on driving innovation from India in the fields of DeepTech, and Make in India, empowering tech startups worldwide, with a special emphasis on student entrepreneurs pioneering groundbreaking solutions. Embracing the spirit of Samudra Manthan Amrut – riding the waves of disruption, the summit highlighted the transformative power of disruption as a catalyst for innovation and growth within the entrepreneurial spirit.

Matrix Global Summit 2023 encompassed a rich content comprising Conference in three tracks, 7 workshops running in parallel, Start-Up Showcase and 8th edition of Matrix Awards for Start-Ups Nite. Matrix Global Summit conducted the first Matrix University Awards, in collaboration with Karnataka Digital Economy Mission ( KDEM) and Visvesvaraya Technology University (VTU).

The Matrix University Awards aims to promote entrepreneurship and foster the participation of engineering college students across India. TiE Bangalore, partnered with TiE Mysuru, Hubli, and Mangaluru, to organize this university contest.

During the summit, Matrix Forum under its thought leadership series, unveiled three industry-specific reports ( you heard it first ) :

1. Industrial IOT Protocols – Open Source Knowledge Base
2. 5G Enterprise Private Networks – Use Cases & Applications
3. Vision for Smart Airports in in India

The two-day summit featured expert speakers and workshops that contributed to an enriching and transformative experience for all attendees by providing thought-provoking perspectives and valuable knowledge to inspire and guide participants on their entrepreneurial journeys.

This year's distinguished speakers include Padma Bhushan Dr Devi Shetty, Dr Suparna Bhattacharya - HPE Fellow at AI Research Lab, Hewlett Packard Labs; Prof David Schimel - IPCC - Nobel Prize and Founder, Entelligent; Prof S. Sadagopan - Founding Director, IIIT Bangalore; SP Shukla, Chairman - Defence, Aero & Agri Sectors, Mahindra Group and President - Society of Indian Defence Manufacturers Association; Eshan Nanda - Chief Architect for Social Innovations at Dell Technologies and Dr Ashok Dalwai - CEO, National Rainfed Area Authority (NRAA) in the Ministry of Agriculture and Farmers Welfare, Govt. of India.

"This year we are delighted with the focused and varied content for Start-ups - industry specific reports, hands-on workshops and the showcase of 10 startups. The Matrix Global Summit has consistently been at the forefront of driving innovation and collaboration within the tech ecosystem," said Madan Padaki, President of TiE Bangalore. "By focusing on DeepTech startups and Make in India enterprises, we aim to highlight the transformative potential of these sectors and provide a springboard for their success.”

Attendees had the opportunity to connect with industry leaders, visionaries, and professionals from around the world, creating valuable connections and opening doors to global business opportunities with deep insights into emerging areas such as AI, IoT, quantum, and other disruptive technologies that are reshaping industries. The sessions were led by renowned experts, providing practical and actionable knowledge to help organizations navigate the evolving tech landscape.

At this year’s summit dedicated to DeepTech Innovations, Make in India Entrepreneurship, and Student Entrepreneurs, we had the privilege of witnessing cutting-edge IoT Matrix technology solutions across diverse domains, several of them for the very first time. The active participation from startups was remarkable, showcasing their innovative ideas and contribution “, expressed T R Anand, Chairperson, Matrix Forum, & Board Member, TiE Bangalore. “We extend our heartfelt gratitude to our generous sponsors, whose unwavering support made this event possible, empowering the growth and success of the entrepreneurial ecosystem in India."

A grand 8th Matrix Awards 2023 Nite recognized outstanding startups in various sectors including Edtech, Healthtech, Cleantech, QuantumTech, Aerospace & Defence, Agritech, AI/ML, Maritime Tech, and Sustainability. The winners, spotted for Innovation and Scaling UP, emerged from over a hundred applications for the coveted award. In addition, the first Matrix University Awards were also presented during the event.

The Matrix Global Summit 2023 is sponsored by TE Connectivity, Hewlett Packard Enterprises, AWS, Cisco for Startups, IIIT-Bangalore and Technosphere. For more information about the Matrix Global Summit 2023, please visit https://www.matrixglobalsummit.in/

About TiE Bangalore

The Indus Entrepreneurs (TiE) Global is the largest non-profit organization and has an amazing networking effect. TiE connects the entire entrepreneurship ecosystem, including early-stage entrepreneurs, serial entrepreneurs, professionals at leading corporations, venture capitalists, angel investors, and thought leaders, among others. The organization emphasizes the spirit of giving in all aspects of its work.

The Indus Entrepreneurs (TiE) Bangalore chapter was founded in 1999 as one of India’s first TiE chapters, with Nandan Nilekani as the founding president. Currently, Madan Padaki (founder & CEO, 1Bridge and co-founder of GAME) is the president of TiE Bangalore. TiE Bangalore boasts a strong network of over 200 charter members, 600+ associate members, and 200+ student members. TiE Bangalore has also engaged deeply with over 300+ start-ups through various cohorts such as TiE Women, EdTech, Healthcare, Matrix Awards, VentuRISE, Sanjeevini SRLM, and more, providing valuable support and guidance to these budding entrepreneurs.

https://hub.tie.org/c/tiebangalore

TiE Young Entrepreneurs Grand Finale Tomorrow

14 students in the age groups of 9 to 12 divided into four teams will present a prototype/business plan to the jury.

The Winners will be nominated for the TYE Global Competition.

TiE Young Entrepreneurs (TiY) Grand Finale will be held on Saturday at Club Botanica at 5 pm. TYE (TiE Young Entrepreneurs) is a TiE Global initiative dedicated to chapters integrating classroom sessions, mentoring and business plan competitions aimed at High School students from grades 9-12 or equivalent college students are allowed.

This year TiE Hyderabad has selected 14 students and formed them as 4 teams. These young innovators have undergone boot camps/workshops, led by successful TiE Hyderabad entrepreneurs in November, December - 2022 & January - 2023. These 4 teams are ably mentored by TiE Hyderabad Charter Members. Tomorrow these young entrepreneurs who were groomed in all aspects of entrepreneurship are now prepared to present their prototype/business plan to a stellar panel of jury members. The Winners of this competition will be nominated for the TYE Global Competition.

TYE is designed to teach high school students entrepreneurship and leadership skills. The TYE program is designed for a 16-week period, which includes design thinking workshops, and mentoring support for business plan development and culminates with a business plan competition.

About TiE Hyderabad: TiE (The Indus Entrepreneurs) is a go-to network of 15000+ global entrepreneurs across 61+ cities in 14+ countries, and Hyderabad is a vibrant and most awarded chapter worldwide, each year TiE Hyderabad impacts over 1100 start-ups and 6400+ students, conducts numerous activities under 20+ themes viz. TiE Grad, TiE Young Entrepreneurs, Open Mic, Mentor Advisor, Investor Connect, Thursday Night Talks, Leadership Series etc. to encourage, and nurture next-generation entrepreneurs.

For more details, please get in touch with Vamsi Krishna J, Associate Director, 7799439281 or visit hyderabad.tie.org

Preincubaiton Program to transform Students to Entrepreneurs @ Atal Incubation Centre –Sri Krishnadevaraya University

Vanthena is a flagship preincubation program of Atal Incubation Centre –Sri Krishnadevaraya University (AIC-SKU) that nurtures student innovators to entrepreneurs, started from 28th February 2023 to 10th March 2023. This program helps students to turn their innovative ideas into business ventures. As part of this program, 8 student teams from three colleges namely Mallareddy College of Engineering and Technology, Hyderabad; Bapatla Engineering College, Bapatla and Sri Venkateshwara Degree and PG College, Anantapur participated.

This is the 4th Cohort & the program is designed to equip students with the knowledge and skills needed to turn their innovative ideas into businesses. The bridging program lasts for one hundred days out of which two weeks (Vanthena) were organized by AIC-SKU by the experts from various fields at the Atal Incubation Centre Sri Krishnadevaraya University. It includes workshops and mentoring sessions were organised by experts on Financial and Business Modelling, How to identify IPRs?, linking student innovations to Sustainable Development Goals for sustainable businesses, Branding and marketing of startups and their products, Team Building and management, Market Validation, Go to Market Strategies etc. At the end of this program 8 student groups exchanged Preincubation Agreement with Atal Incubation Centre and committed to become new age entrepreneurs with their innovations.

AIC-SKU will assist the student teams in mentoring, prototyping, business modelling and various other aspects for three months and reviewing the progress of the students there after AIC-SKU will offer 24 months incubation support to the students.

Mr. Shareef Yaseen, Director, FundEnable, Hyderabad for workshop on developing business and financial modelling; Bindu Sharma, Founder & CEO, Origin IP, Bangalore for workshop on identifying Intellectual Property Rights in Student Innovations; Lavanya, Director, Lavanya & Associates for workshop on Company Compliance; Keshav Devanand, Founder, RedArrow Marketing for workshop on Go to Market Strategies; Shaheen, Founder & CEO, ExtenKeys Pvt. Ltd., Anantapur for workshop on Team Management; Dr. Shivakiran, CEO, AIC SKU, for workshop on How Business Models can align to UN Sustainable development goals; Dr. Chandra Mouli, Incubation Manager for workshop on Branding & Marketing Startup & their products. Prof. MRK Reddy, Vice-Chancellor, Sri Krishnadevaraya University, Anantapur & Prof. Nagabhushanam Raju, Executive Director, AIC-SKU Prof. MRK Reddy, Vice-Chancellor, Sri Krishnadevaraya University, Anantapur participated in this program.

About AIC – SKU Confederation

AIC-SKU Confederation is an Atal Incubation Centre (AIC) at Sri Krishnadevaraya University (SKU) supported by Atal Innovation Mission, NITI Aayog, Govt. of India and AP Innovation Society, Govt. of Andhra Pradesh. It is a Special Purpose Vehicle registered as a Not for Profit Section-8 Company (as per the Govt. of India Companies Act 2013). We create and inculcate entrepreneurial spirit in the community ecosystem and groom start-ups and emerging businesses in the sectors of agriculture, food processing, circular economy, renewable energy & IT which lead to job creation. Our goal includes the promotion of startups through focus based incubator, innovation and creating a startup ecosystem, emerging technology transfer for the success of businesses and job creation & economic development.