New Delhi: Meta, the parent company of Facebook, has recently unveiled a new initiative aimed at nurturing the growth of extended reality (XR) technologies in India. The Meta Reality Labs India Grant, a fund totaling $250,000, has been established to provide financial backing and mentorship to Indian startups and developers actively engaged in XR projects.
XR technologies, encompassing virtual reality (VR), augmented reality (AR), and mixed reality (MR), are witnessing a surge in popularity worldwide. Recognizing India's potential as a significant contributor to the XR market, Meta has designed the Meta Reality Labs India Grant to equip Indian companies with the necessary skills and resources to thrive in this domain.
The Meta Reality Labs India Grant invites startups and developers in India who are working on XR projects with the potential for positive impact in the country to apply for funding. Eligible applicants must be based in India and possess a functional prototype of their XR project.
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Selected projects will receive financial support of up to $50,000 from the Meta Reality Labs India Grant. Additionally, Meta will provide mentorship through its team of XR technology experts. The chosen projects will also have the opportunity to gain exposure on Meta's platforms and actively participate in the company's global XR ecosystem.
Applications for the Meta Reality Labs India Grant are currently open and will remain so until July 31, 2023. Interested individuals can find further information about the grant and the application process on the Meta website.
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Key Advantages of the Meta Reality Labs India Grant:
Financial support of up to $50,000 Mentorship from Meta's XR technology experts Access to Meta's global XR ecosystem Potential feature on Meta's platformsAlso read: Samsung Jet Bot+ Vacuum Cleaner: A Smart and Efficient Cleaning Solution
If you are an Indian startup or developer working on an XR project, seize the opportunity and apply for the Meta Reality Labs India Grant. This initiative offers invaluable support and resources to elevate your project to new heights.