GITAM Invites Student Entrepreneurs To Share Their Start-Up Ideas, Winners To Get Prizes Worth Rs 30 Lakh

A total of Rs 30 lakh will be awarded as prizes and cash to both the winners and the runners-up

A total of Rs 30 lakh will be awarded as prizes and cash to both the winners and the runners-up

Entrepreneurs are encouraged to submit their business concepts within the 4 themes of Food & Health, Toys for STEM, Sustainable Fashion and Frugal Innovation.

GITAM (Deemed to be University) has announced the launch of its annual pan-India pitch-fest, StartupIndia SmartIDathon 2023. Undergraduates, graduates and recent college graduates are all invited to participate in this event, where they can showcase and compete for their business ideas. For a total prize money of Rs 30 lakh. The last date for submission of applications is June 10 and participants can be individuals or teams with a maximum of two members.

Through social entrepreneurship, StartupIndia SmartIDathon seeks to encourage student innovation and the development of resilient, sustainable communities. During the event young entrepreneurs are encouraged to present their business concepts within the four themes of food and health, toys for STEM, sustainable fashion and frugal innovation. The final round of the competition will be held on August 24 and 25 at GITAM’s Hyderabad campus.

Organized by the Venture Development Center at GITAM in partnership with StartupIndia, the event will reward the winners with a variety of attractive prizes. A total of Rs 30 lakh will be given as prizes and cash to both the winners and the runners-up.

Expressing his excitement for this year’s event, Professor Balkumar Marthi, Dean of Innovation at GITAM (Deemed to be University), said, “StartupIndia SmartIDEAthon 2023 is a platform for students and aspiring student entrepreneurs across the country to present their ideas. Awesome platform. to the world and win some exciting prizes and an opportunity to network with renowned experts. It’s an invaluable opportunity to meet like-minded people and be a part of the vibrant entrepreneurial ecosystem!”

The most promising entrepreneurs will receive personalized coaching and boot camps from globally recognized enterprise trainers. In addition, they will get a chance to showcase their concepts at Boston Entrepreneurship Week in the United States.

Highlighting the global exposure that the participating students will get, Krish Nangegadda, Chief Innovation Officer, GITAM (Deemed to be University) said, “StartupIndia SmartIDathon 2023 is a great opportunity for students from across India to showcase their venture ideas, not only have the opportunity. To compete internationally but also to visit the vibrant start-up hub of Boston and experience the ecosystem.”