QPrize Make in India: Opportunity for Indian start-ups to win USD 350,000 in equity investment as prize money
The goal of this contest is to catalyze Indian entrepreneurs and the start-up community to drive the entire value chain from innovation to manufacturing in India.
Amitabh Kant, Secretary, DIPP, which is part of the centre's Ministry of Commerce and Industry, said “It is heartening to see an industry leader like Qualcomm, joining forces and contributing to make this vision a reality. Besides the Rs. 2 Crore prize money through equity investment, they will bring in immense experience and support to nurture the start-ups through their Qualcomm Ventures arm and Design in India initiatives targeted towards making India a hub for design and manufacturing.”
The contest opens on Feb 4, 2016.
Start-ups can submit their entries on the DIPP / Make in India website.
Last date for submitting entries is Feb 12, 2016.
The grand finale will be held at the Make in India Centre, MMRDA Grounds, Bandra - Kurla Complex, Mumbai and will be televised,
With over $5 billion worth investment in 2015 and 3 to 4 start-ups emerging every day, India has the third largest number of start-ups in the world.
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