Deadline: 2-Oct-22
Participate in India’s premium startup challenge for young businesses shaping the future of manufacturing and sustainability.
Benefits
- Top 3 startups win cash prizes worth $100,000USD!
- Other benefits for winners & finalists:
- Access to Investors: curated 1-1 meetings with investors.
- Access to Mentors: curated 1-1 mentoring sessions.
- Access to Customers: Exclusive pitch sessions at Invest Karnataka & curated 1-1 customer meetings.
- Media Visibility: National-level PR & media coverage, including TV shows.
Eligibility Criteria
- If an Indian entity, then it should be an entity incorporated/ registered as Private Limited Company as defined in the Companies Act, 2013)/ One Person Company (OPC)/ Limited Liability Partnership (LLP) (under the Limited Liability Partnership Act, 2008) or Partnership Firm (registered under section 59 of the Partnership Act, 1932)
- If the entity is incorporated outside India then it should be incorporated as a legal entity by the authorised Govt Agency/ Department in-charge.
- Total revenue generated in terms of turnover from the date of incorporation should not have exceeded USD 12.5 Million.
- Startups should not have crossed 10 years from the DATE of INCORPORATION/ REGISTRATION as on date of submitting the application.
- An entity having an innovative product/ solution directly related to the manufacturing sector or; one which impacts the manufacturing sector by increasing efficiency or simplifying/ improving the process to help organisations to scale up faster or; empower the lives of human resources working in the manufacturing sector.
- Eligibility criteria for Manufacturing
- Startups with an innovative/scalable product/solution in the following areas:
- Supply Chain Management.
- Industry 4.0/SMART Manufacturing.
- Logistics.
- Clean Manufacturing.
- Eligibility criteria for Sustainability
- Startups with an innovative/scalable product/solution in the following areas:
- Clean Energy.
- Water Management.
- Transportation & Mobility.
- Decarbonisation.
- Agritech.
- Food Processing.
- Startups with an innovative/scalable product/solution in the following areas:
Terms & Conditions
- Cannot be a subsidiary/ franchise/ white labelled reseller/ part of a group company.
- Cannot have a partnership value with another company/ entity.
- Cannot be a Section 8 company or Trust/ Association/Society or a Non-For-Profit company.
- Cannot be a Merger/ Demerger of a bigger organisation.
- Cannot be a part of any Govt. initiative/ aided partner or public-private partnership company/firm.
For more information, visit https://www.investkarnataka.co.in/gim2022/venturise/
