Cochin Shipyard Limited
Start-ups funded through the Ushus Programme
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STARTUP ENGAGEMENT PROGRAM OF COCHIN SHIPYARD LIMITED

USHUS

KEY FOCUS AREA’S

  • Smart technologies that automate Decarbonization of Maritime Industry
  • Artificial intelligence and machine learning to optimize processes
  • Improving efficiency in the maritime sector processes free from human error
  • Autonomous ships and ROVs
  • Simulation
  • Make life simpler and safer for users/stakeholders in the port and maritime sector                                                                                   
  • Improving the lives of coastal communities
  • Direct transferable product applications
  • Improving earnings from fishing
  • Enhance cargo and passenger movement by Internal Waterways & coastal shipping
  • Applications and innovations related to manufacturing processes like 3D printing
  • Innovations in the field of alternate/ advanced materials applicable in maritime sector etc.

For registration and other details Visit now at
www.iimklive.org/csliimklive
IITM link : https://ntcpwcit.in/ushus/index.html

IMPLEMENTATION PARTNERS

iimklive      IITM

FUNDING SCHEMES

Seed Fund Scheme

  • Upto Rs. 50 lakhs (Rupees Fifty Lakh) per start-up as grant
  • To create a minimum viable product/ services (MVP) based on innovative solutions/ processes / products/ services/ business models in shipping and maritime sector

Pilot Grant Scheme

  • Upto Rs. 100 lakhs (Rupees Hundred Lakh) per start-up as grant
  • For the commercialisation of proprietary technology
  • Includes Proof-of-Concept (POC) and Proof-of-Value (POV)

Equity Investment

  • Investing into the equity of the Start-up company and equity will be held in the name of CSL

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