Latest news with #AcceleratorProgram
Hindustan Times
18 hours ago
- Automotive
- Hindustan Times
AI, EV, mobility tech dominate Maruti Suzuki Accelerator's latest startup picks. Check details
In 2021, Mobility Challenge was introduced by Maruti Suzuki, offering a platform for growth-stage startups to highlight advanced mobility solutions Notify me Maruti Suzuki India Limited has concluded the 9th edition of its Accelerator program, with international participation included for the first time ever. The new cohort was composed of an assortment of 26 startups, 19 from India and 7 from Germany, chosen to present innovative technologies applicable to the automotive as well as mobility industry. Nine Startups Selected Across India and Germany Of the participating ventures, nine were announced as winners. These include Indian startups Frinks AI, mistEO, Adagrad, Com Olho, ProSolvr, and Eligere, as well as three German firms: Caire AI, Syn2Core, and Talonic. This was the first time the program formally included a 'Global Startups" category. Also Read : Maruti Suzuki bets big on rail logistics to scale up green dispatch, cut emissions The selected companies presented a range of digital and mobility-related technologies, such as AI-driven cybersecurity tools, quality control systems, EV charging and battery solutions, and road safety applications. Their solutions are aimed at addressing operational challenges across manufacturing, mobility infrastructure, and customer experience. Technology-Focused Programs Built Around Startup Ecosystem Since the past six years, the company has built a portfolio of structured programs to partner with startups building emerging technologies. These programs are meant to leverage external innovation at different levels of startup maturity. The Accelerator Program, launched in 2019, revolves around open innovation in manufacturing and mobility technology. The Incubation Program was launched in 2020 for early-stage startups with scalable business models. In 2021, Mobility Challenge was introduced by the company, offering a platform for growth-stage startups to highlight advanced mobility solutions. Later, in 2023, the company introduced the Nurture program as a pre-incubation initiative for startups that are concept-stage. According to figures revealed by the company, over 5,000 startups have been filtered through these numerous ways, of which 150 are committed and 25 were integrated into business activities in some capacity. Also Read : Maruti Suzuki cuts near-term e-Vitara production plan amid rare earth magnet crisis Broader Trends in Corporate-Startup Collaboration Allowing global startups to participate in the accelerator program is a part of the bigger industry trend - where traditional manufacturers are choosing to work with agile, technology-led startups to pilot ideas and digital solutions. Things like EV charging infrastructure, AI-based diagnostics and new-age analytics are gaining momentum as automakers adapt to changes in the market and regulations. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 20 Jun 2025, 13:48 PM IST
Entrepreneur
2 days ago
- Automotive
- Entrepreneur
Maruti Suzuki Announces Winners of 9th Accelerator Cohort
Out of 26 participating startups: 19 from India and 7 from Germany — the finalists showcased AI-driven innovations in fields like cybersecurity, EV infrastructure, road safety, and quality control. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Maruti Suzuki India Limited has announced the winners of the 9th Cohort of its flagship Accelerator program. This year's winners include six Indian startups — Frinks AI, mistEO, Adagrad, Com Olho, ProSolvr, and Eligere, along with three German startups — Caire AI, Syn2Core, and Talonic, under the newly introduced Global Startups category. This is the first cohort to feature global participation, marking a key milestone in the program's journey. All nine winning startups will now engage in a proof of concept (PoC) with Maruti Suzuki, where they will test and validate their technologies in real-world conditions in collaboration with the company's teams. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India Limited, said, "Startups bring fresh thinking and new ideas. Through the Maruti Suzuki Accelerator program, we have been working with them to co-create future-ready solutions that enhance customer experience and drive operational efficiency in the automobile manufacturing and mobility space." "The participation of global startups, this cohort onwards, marks a new milestone in this journey. It further supports our efforts to contribute meaningfully to 'Make in India' and 'Startup India' initiatives of the Government. We welcome the winning startups to join us in our mission to offer 'Joy of Mobility' to as many people as possible," he added. Out of 26 participating startups: 19 from India and 7 from Germany — the finalists showcased AI-driven innovations in fields like cybersecurity, EV infrastructure, road safety, and quality control. These solutions aim to boost operational efficiency and enhance the customer experience, aligning with Maruti Suzuki's long-term business growth plans. Over the past six years, Maruti Suzuki claims to have screened over 5,000 startups, engaged with 150, and partnered with 25. The company runs multiple innovation initiatives, including the Maruti Suzuki Accelerator (launched in 2019), the Incubation Program (2020), the Mobility Challenge (2021), and the Nurture pre-incubation program (2023).
Time of India
10-06-2025
- Business
- Time of India
LSET emerges as gateway for Global AI & Cybersecurity startups entering the UK
The London School of Emerging Technology (LSET) is fast redefining the startup landscape in the UK, positioning itself as a strategic launchpad for global entrepreneurs in artificial intelligence (AI) and cybersecurity. Moving beyond the traditional role of an academic institution, LSET has created a holistic ecosystem that provides international startups with everything from innovation labs and business mentorship to immigration and funding assistance. At the heart of LSET's offering is its multi-tiered support structure for startups. Through three flagship programs—the Innovation Lab, Startup Incubator, and Accelerator Program—LSET supports ventures from idea to market. The Innovation Lab serves as a sandbox for ideation and prototyping. The Startup Incubator nurtures early-stage ventures with mentorship and community engagement. And the Accelerator Program propels market-ready startups by connecting them with investors and industry leaders. Understanding the critical role of capital in early-stage growth, LSET actively facilitates funding and valuation support. The school partners with venture capitalists, angel investors, and grant providers to give entrepreneurs access to essential funding channels. Startups receive coaching to refine pitch decks and are introduced to UK innovation funds and government grant opportunities. Expert guidance in company valuation further equips founders to negotiate equity with confidence. Navigating immigration hurdles is another pain point for global founders, and LSET addresses this through comprehensive support for the UK Innovator Founder Visa. With no minimum investment requirement and a clear path to permanent residency, this visa is an attractive option for global entrepreneurs. LSET assists in securing required endorsements and ensures a seamless transition for both entrepreneurs and their families through its network of immigration consultants. What sets LSET apart is its integration of education, entrepreneurship, and strategic leadership. Many of its partner organizations—offering services like legal consulting, financial planning, and technical development—are led by the same founding team, allowing startups to access a cohesive and trusted network under one umbrella. 'AI and cybersecurity are not just buzzwords—they're defining the future of how we work, live, and protect information,' said Mayur Ramgir, Founder and Principal Instructor of LSET. 'We're building a platform where startups don't just survive—they scale globally with the right talent, infrastructure, and capital.' The educational component at LSET is deeply intertwined with its startup programs. Students and founders alike are trained in cutting-edge technologies including ethical hacking, blockchain security, cloud computing, and machine learning. Startups working with LSET benefit from immediate access to this talent pool—graduates of intensive programs who are job-ready and industry-aligned. LSET's mission aligns with London's growing reputation as a global tech hub, thanks to the UK government's continued investment in digital innovation. Startups working with LSET gain access to tech expos, government incentives, and R&D collaborations that boost visibility and scale. By combining entrepreneurship, global mobility, and tech education under one roof, the London School of Emerging Technology is not just preparing startups for the UK market—it is shaping the future of global innovation. For global tech entrepreneurs, the message is clear: if you're building the future, LSET is where it begins.
Business Wire
09-06-2025
- Business
- Business Wire
Rio Tinto seeks innovative collaborators at London Tech Week
LONDON--(BUSINESS WIRE)--Rio Tinto is taking its innovation strategy directly to entrepreneurs, researchers and innovators at London Tech Week as it works to accelerate the breakthroughs needed to sustainably deliver the materials the world needs. The only mining company at London Tech Week, Rio Tinto will lead discussions on how to meet the soaring global demand for critical minerals, deliver materials at scale more sustainably, and harness innovation to deliver the technologies of tomorrow, from AI to electrification to renewables. Rio Tinto Chief Innovation Officer Dan Walker said: 'Innovation is in our DNA. For over 150 years, Rio Tinto has operated at the intersection of mining and technology, and there has never been a time when innovation is needed more. 'As the world faces increasingly complex challenges, from climate change and urbanisation to the energy transition and electrification, meeting the world's needs requires more materials, delivered faster, more sustainably, and with a lighter footprint at every step. 'These are deeply complex issues that no organisation can solve alone. We want to find the very best innovators and entrepreneurs to join our global network of startups, universities, tech leaders and governments to help turn bold ideas into real-world solutions.' Rio Tinto's expanding innovation ecosystem includes its Accelerator Program, run in partnership with early-stage investor Founders Factory, and its Ventures Fund, which support high-potential startups mining and sustainability. Last year, Rio Tinto also invested $150 million to launch the Rio Tinto Centre for Future Materials, in collaboration with five world-leading universities, to advance transformational research to accelerate progress towards net zero. Led by Imperial College London, the academic partners include The University of British Columbia, Vancouver; The University of California, Berkeley; The University of the Witwatersrand, Johannesburg; and The Australian National University, Canberra. Rio Tinto speaking sessions at London Tech Week 2025: Monday 9 June:"Unlocking tomorrow's tech: powering innovation that ensures the sustainable supply of the materials that matter' — Rio Tinto CEO Jakob Stausholm in conversation with Dan Walker, Chief Innovation Officer (Main Stage) Wednesday 11 June:"Creating the Future from Campus: Why Are University Spinouts So Important for Innovation?' — Panel featuring Marie-Pierre Paquin, Rio Tinto Head of Science & Partnerships (Founders Stage) Wednesday 11 June: "Why the future depends on blurring the lines between Mining and ClimateTech" — Panel moderated by Pekka Santasalo, Rio Tinto Head of Growth & Ventures, with founders from three startups backed by Rio Tinto (Impact Stage)
Business Journals
29-05-2025
- Business
- Business Journals
How EO Baltimore helped these Maryland entrepreneurs find success
Entrepreneurship is a journey paved by resilience, ingenuity, grit, hustle, and — if you are a member of the Entrepreneurs Organization (EO) — a supportive community. In Maryland, EO is a cornerstone for business owners, offering a network for learning and personal/professional growth. Today, we delve into the stories of four inspiring entrepreneurs who not only built successful businesses but also contribute significantly to Maryland's entrepreneurial landscape. Brian Taylor, CEO of Goldiata, a digital marketing agency in Baltimore, helps businesses, organizations, and schools increase reach and visibility using online marketing. Goldiata blossomed into a rapidly growing agency, with a massive goal of giving back by donating a quarter of a million dollars by 2028. expand Brian Taylor, CEO of Goldiata 'Early in my entrepreneurial journey, I met an EO member. They encouraged me to check out the EO Accelerator (EOA) program. At the time, I wasn't sure what that would mean for me. But as it turns out, that recommendation changed everything,' Taylor says. In EOA, Taylor didn't just learn how to run a business — he learned how to lead one. 'The operational components — cash flow, systems, and people management — were like puzzle pieces scattered on the table, and I didn't know how to fit them together. EOA gave me the tools to build that foundation. It was practical, actionable knowledge.' Goldiata reached $1 million in revenue within its first year in the EOA program. That success allowed Taylor to graduate to EO, and 'that opened up a world I could never have imagined,' he says. Taylor has also been recognized by the Maryland Small Business Association as a top Young Entrepreneur. Nick Modha is a serial entrepreneur and the founder of Baltimore based Monkey in the Metal, a provider of premier solid wood and metal fabrication services. The company specializes in architectural millwork, custom furniture, signage, and artwork for multi-family residential, hospitality, retail, and restaurant spaces. Architects, interior designers, and national level general contractors rely on the company for typical decorative elements, as well as the unusual items. expand Nick Modha, founder, Monkey in the Metal Modha also joined EO through its Accelerator Program. 'EO changed everything for me. There's something powerful about being part of a community where everyone genuinely wants to improve — not just in business, but all aspects of life — and actually help each other along that journey. If you're an entrepreneur feeling isolated, this community is for you,' he says. Shannon Roberts is CEO of Brand Builders, an event marketing and staffing firm, specializing in the wine, spirits and cannabis industries. Roberts didn't plan to be an entrepreneur, but in her 2009 exit interview from Jagermeister, she explained the reason for her resignation: The company had not adopted a single suggestion she offered about streamlining/modernizing operations, so she started her own company and used those ideas as the foundation for her operational structure. expand Shannon Roberts, CEO, Brand Builders Brand Builders conducts live events, like store tastings and festivals, so when Covid canceled her entire event schedule, Roberts relied on her EO Community for advice and support. 'The EO network sprang into action, delivering an abundance of impactful and relevant content virtually. My forum basically prevented me from bankrupting myself, and because of EO, I was able rebuild the company,' she says. In 2020, Roberts took her love of entrepreneurism a step further and became an Entrepreneurial Operating System Implementer. 'The EOS work I do is truly rewarding and scratches my problem-solving itch while I help my clients' businesses become more manageable, more scalable, and more profitable,' she says. Jim Schaefer, founder and president of Schaefer Homes, a construction company that builds new homes in Maryland and Delaware. Since 2016, Schaefer Homes has created attractive, efficient, and attainable homes. Schaefer recalls a financial crisis in 2022, which led him to leveraging his waterman's license and selling crabs roadside in an effort to keep the company and his family afloat. expand Jim Schaefer, founder and president, Schaefer Homes 'Since joining EO in 2023, the impact has been transformative. My forum helped me realize that personal growth was key to my business success, showing me the only person holding me back was me. With peer support, I've achieved measurable growth: my revenue went from $2.5 million in 2022 to $7.9 million in 2023, with projections of $25 million for 2025. But the numbers tell only part of the story. The insights I've gained have stabilized my mental state, allowing me to tackle challenges with focus and resilience. The relationships I've built with other members continue to inspire and motivate me,' Schaefer says. To become a member of EO, you must own a business that's generating at least $1 million in annual revenue or join our Accelerator Program, which accepts entrepreneurs whose businesses range from $250,000 to $1 million in revenue and are looking to grow to a million within two to four years.
