Facebook Launches ‘India Innovation Accelerator’ Programme to Mentor Startups

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The social media giant will also offer scholarships to students and developers, who are focused on nurturing their ideas for utilising artificial intelligence for social good.

Social networking giant Facebook has launched a new programme to mentor and support promising Indian startups, which are leveraging Artificial Intelligence (AI) to address gaps within high social impact areas.

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The “India Innovation Accelerator” programme is a part of the company’s “Artificial Intelligence for Social Good” initiative.

Through this programme, Facebook intends to contribute to India’s economic growth and social development, said Ajit Mohan, Vice President and Managing Director, Facebook India.

“This summit is our effort to understand how we can contribute to the development of deep tech in India, as well as corral resources to use these technologies to develop impactful solutions for tough and persistent problems,” he added.

Scholarships for students and developers

The company also launched 100 scholarships for students and developers, who are focused on nurturing their ideas for utilising AI for social good.

The scholarships would enable the students to gain access to advanced courses on deep learning.

In addition, Facebook has started “Women in AI Hackathons” to encourage diversity within the ecosystem by motivating women developers and women-led startups focused on AI.

The winners would be provided courses on AI and machine learning (ML) by professors of Indian Institute of Technology (IIT), Madras.

A popular Facebook tool under the “AI for Social Good” initiative is its Blood Donation tool which helps connect blood banks and hospitals to blood donors who have registered themselves on the platform.

(With inputs from IANS)

 

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