IFC’s TechEmerge Program has launched an open call for innovators worldwide to bring energy-efficient, affordable, climate-smart solutions for temperature-controlled logistics to India.
The Economic and Trade Mission, Embassy of Israel, New Delhi is pleased to invite Israeli companies to participate in IFC’s TechEmerge Program.
Competitively selected innovators will have the opportunity to pilot sustainable TCL solutions on the ground in India, in partnership with one of the country’s largest TCL companies, Snowman Logistics. Participants can access a total pool of up to USD500,000 in grant funding to field-test new technologies for refrigerated warehousing, space conditioning for packaging and sorting, inter and intra-city mobile cooling solutions for pharmaceuticals and other temperature-sensitive goods, IoT-enabled asset management, and more.
The application form is a detailed questionnaire where the applicant company will have to put in details about their company, their solution, use cases of their solution, and how their solution might bring value in the Indian context.
All applications will be evaluated by an external advisory panel comprising of technical as well as business experts from this field. Their feedback will be sent to Snowman for further analysis and final shortlisting.
Shortlisted candidates will be invited to meet with Snowman to discuss potential pilots to be conducted in India. The expected timeframe for the pilots is by the end of this year.
It can be expected that successful pilots will convert into commercial contracts in due course of time.
In addition to grant funding, the TechEmerge Program provides advisory support throughout field testing to help innovators mitigate financial and operational risks, reduce adoption risks for local firms like Snowman, and facilitate market entry and tech transfer.
Applications should be submitted here before September 24, 2021.
Alternatively, you could reach out to – email@example.com