The Fabless Chip Design Incubator (FabCI) is a flagship program being executed with the support of the Ministry of Electronics and Information Technology (MEITY) and focuses on creating an ecosystem wherein these primary activities get executed for any startup in the area of chip design.
The primary motivation for this unique incubator program is to provide a one-stop solution for start-ups focusing on the area of chip design. We want to help incubate multiple "Make-in- India' chip design companies. We aspire to build an ecosystem wherein the incubates are not only provided with the relevant infrastructure hardware and software but also are handheld through the path of success with the help of mentors who are pioneers in this field The grand vision is to leverage the design expertise that exists in India to create Indian IP and to make a mark in chip design internationally.
Locally the demand in the Indian market driven by higher consumption of electronic goods and our strategic needs for using technology in education, defence and healthcare industries are projected to reach USD 400 Billion by the year 2020.
FabCI is a unique incubation centre envisioned and implemented by the Indian Institute of Technology Hyderabad with the able support of the Ministry of Electronics and Information Technology (MEITY). The goal of this centre is to act as a one-stop solution for incubates intending to work in the area of chip design. Starting a company in the Integrated Circuit design field is an enormous task as the hardware-software and the relevant infrastructure for the same requires a huge amount of capital investment.
Also, developing a business model in this highly competitive domain is a non-trivial task. Mentorship by experts in both technical and business domains would hasten the process of transition from a startup to a revenue-generating company.