Schneider Electric partners with Brinc to bring its accelerator programme to India

In a move to boost entrepreneurship in the country, Schneider Electric has announced a partnership with Brinc to bring the latter’s accelerator programme to India.

This partnership is part of Schneider Electric’s Innovation at the Edge Program which invests, incubates and partners with start-ups and large companies to co-innovate the future of energy, and has more than 40 start-up partnerships and incubation projects.

Successful candidates who apply to Brinc’s three-month IoT & Connected Hardware Accelerator will receive $125,000, $25,000 in Brinc services credit, access to Schneider Electric’s customers, mentorship and market knowledge in exchange for 10 per cent equity in the start-up.