Startup Mania 5.0-2020
- Rajasekar Madhavan
- Sep 4, 2020
- 3 min read
Updated: Oct 15, 2020
Closing Date: 15/11/2020 (refer Contest Link) Reward: Upto 1.3 Lakh INR & Startup Support
About TBI@KEC :
TBI @ KEC, a very unique facility and the first of its kind in India, was established in 2003 by Kongu Engineering College (KEC) with the grant and support of NSTEDB / Department of Science and Technology (DST), Government of India for a total project of Rs. 3.95 Crore to encourage startups and entrepreneurship development in the fields of advanced science and technology. TBI @ KEC provides full support to incubates from concept to commercialization at different stages including project formulation, mentoring, financial assistance, co-working space and infrastructure support.
TBI @ KEC has incubated entrepreneurs from Erode, Coimbatore, Chennai and Bangalore. Products have been launched so far for the benefit of various sectors of the economy and society (products for export). TBI @ KEC received seed funds / grants from NSTEDB, TDB and MSMEs and provided financial support in the form of a loan / grant on concessional terms to deserving incubates; projects to date. Under the NIDHI-PRAYAS program, innovators can benefit up to Rs.10 lakh as a grant to convert their innovative idea into proof of concept / prototype.
TBI @ KEC won the coveted National Award for the best TBI in the country for 2012 in recognition of its consistent good performance. The award, instituted by DST / GoI, was presented to TBI @ KEC by the President of India on May 11, 2013.
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About Startup Mania 5.0:
Category- General (Within Tamilnadu):-
Startup mania by TBI@KEC which is in 5th edition brings together aspiring, innovators, startups and undergraduate, postgraduate and doctoral students from Science, Engineering, Medicine, Polytechnic and Management from colleges and universities in TamilNadu to shape their innovative ideas for the future.
Who can Apply:
Students-Within Tamilnadu
Innovators / Startups-Within Tamilnadu
Category- Accessibility (Across India):-
As a new initiative this year, ideas are invited under the Theme - Accessibility from aspiring students, innovators and Startups across India.
Who can Apply:
Students / Innovators / Startups - Across India
Also Read: E-Yantra robotics competition 2020-21
Contest Timelines:
14th Aug'20- Open for Idea Submission
27th Sep'20-Last Date for Registration
3rd Oct'20-Announcement of shortlisted Ideas
10th Oct'20-Prelims Presentation
12th Oct'20- Announcement of shortlist Ideas
28th & 29th Oct'20-Bootcamp
30th Oct'20-FN Final
30th Oct'20-Evening Conference and award ceremony
Evaluation Criteria:
Simplicity of the business model described
Likelihood that the team can create a sustainable competitive advantage
Credibility of the business idea
Size and growth rate/ scalability
Uniqueness/ innovativeness of idea or business model Social relevance (Impact on societal needs/ problems etc.,)
Technical feasibility-(Know How & Do How)
Team strength-(Execution capability/ Complimentary skill sets)
Commercial Viability-(Market, Growth/Scalability etc.,)
Also Read: Microprocessor Challenge by Meity & IITM
Reward:
Category- General (Within Tamilnadu):-
Student Innovators
1st prize - 30,000 INR
2nd prize - 20,000 INR
3rd prize - 10,000 INR
Other Innovators / Startups
Winner - 25,000 INR
Runner - 15,000 INR
Category- Accessibility (Across India):-
Students / Startups / Other Individuals
Winner - 30,000
Other Support:
Winner & Runner will receive certificates and shields, mentoring support from Nativelead Foundation & Incubation * (access to a co-working space, technical and prototyping laboratories and possibility of raising a grant under the PRAYAS program up to Rs. 10 lakh) from TBI @ KEC.
Ideas / startups that have scalability and impact would be considered for funding by Native Angels Network, the first region-specific Angel Investment Network.
............INNOVATE TO WIN............
For more details and registration link:
Category of contest: startup
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