Updated By: LatestGKGS Desk
IIT Hyderabad's newly launched startup incubator 'FabCI' for chip design: Details
IIT Hyderabad's newly launched startup incubator 'FabCI' for chip design: Details, Features, Aim, Purpose, Highlights
Indian Institute of Technology-Hyderabad (IIT-H) has launched “Fabless Chip Design Incubator (FabCI)”, an exclusive incubator to boost chip design.
The FabCI is first of its kind in India that will focus on creating an ecosystem for start-ups in chip design. It will provide a bouquet of offerings including free software tools with leading technology partners in Electronic Design Automation (EDA), a characterization facility for testing the chips and equipment for performing DC and RF characterization.
FabCI has been funded by Ministry of Electronics and Information Technology (MeITY) along with technology partners Cadence Design Systems and Mentor Graphics both are leading providers of Electronic Design Automation (EDA) software, hardware, and IP.
FabCI’s purpose is to incubate at least 50 ‘Make-in-India’ chip design companies that can compete globally and generate Intellectual Property Rights (IPRs).
FabCI also offers virtual support to non-Hyderabad based startups who can join FabCI and successfully leverage the offerings and participate remotely.
The demand in the Indian market driven by higher consumption of electronic goods and our strategic needs for using technology in education, defense, and healthcare industries is projected to reach $400 billion by the year 2020.
