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MATTER Facility - Infrastructure facility to support pilot production as well as prototyping for industries and startups

Last Updated on 2020-03-27
CSR

CSR ID: 10053

A one of its kind, state of the art infrastructure facility for industries & startups, providing access to cutting edge manufacturing technologies and production facilities, not accessible elsewhere in India. High Impact Innovation in the manufacturing sector needs high-tech manufacturing facility with knowledge and expertise of working with novel materials and technologies in sustainable manufacturing. The current ecosystem severely lacks facilities required in the early stages of creation. Beyond prototyping when it comes to pilot productions no facility exists at all. Commercial offerings exist for high volume capital intensive mass production. But without pilot production essential for testing the product and validating the market prospects, no business can justify investing in capital. This is the primary reason we see a lot of brilliant products which have never become a commercial reality. Matter facility will precisely bridge the gap from prototyping to pilot production. At Matter facility funding is utilized for clear, tangible, measurable, durable and impactful outcomes. It will help bring these brilliant innovations to life which will catalyze the economy and create potential for employment at scale. The wealth of knowledge that IISc has, enables us to curated the most appropriate cutting edge technologies to be made available to the budding innovators & industries. Access to the services will be open to all through a structured interface, and will include-- Material Selection & Sourcing Expertise Pay for use Production facility Training in advanced manufacturing Experience center on smart manufacturing Material and Product Testing and Certification

Project Impact

Manufacturing SMEs typically employ about 20 to 50 people for every new product line. We have a capacity to cater to about 100 startupsorindustries a year so this translates roughly to 3000 full time jobs.

Project Snapshot
  • Sector
    CSR
  • Sub-Sector
    Technology Incubators
  • CSR Sub-Sector Brief
    Infrastructure & Facilities
Funding Details
  • Funding Requirement (in USD)
    1.26 mn
  • Funding Status
    Partially funded
Other Funding Detail
  • 100 From Nidhi Prayas
Project Location| Bengaluru Urban, Karnataka India
Address 1:

Karnataka, Bengaluru Urban

Presence Across Nation

Contact Summary
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Invest India Details
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