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SUMMARY:MSME Idea Hackathon 5.0 (Business Plan Competition)
DESCRIPTION:Who Can Join MSME Idea Hackathon 5.0 ?\n\nAny innovator of Indian origin- having e-mail and mobile number.\nYou can apply under three categories – MSME\, Student and Others.\nUnder MSME category\, register for MSME Idea Hackathon using Udyam Registration number. (To register for Udyam Registration\, Click here)\nUnder Student category\, a Student Identity Card valid for FY 25-26 must be submitted.\n\nBenefits of MSME Idea Hackathon 5.0 \n\nFinancial assistance up-to maximum of Rs. 15 lakh per approved idea shall be provided to Host Institute for developing and nurturing of the idea.\n\n\nAbout Incubation :-\n\ni) Objective of the Scheme:\nThe objective of the scheme is to promote and support untapped creativity and to promote adoption of latest technologies in MSMEs that seek the validation of their ideas at the proof-of-concept level. The scheme also supports engagement with enablers who will advise such MSMEs in expanding the business by supporting them in design\, strategy and execution.ii) Activities \n\nRecognition of eligible institutions as Host Institute (HI) to act as Business Incubator (BI)\nApproval of Ideas of Incubatees submitted through Host Institute (HI)\nAssistance for nurturing of Ideas to HI\nAssistance towards Capital Support to HI for Plant and Machinery\n\niii) Eligibility Criteria: Registration as Host Institute (HI)\nInstitutions such as Technical Colleges\, Universities\, other Professional Colleges/Institutes\, R&D Institutes\, NGOs involved in incubation activities\, MSME-DIs/ Technology Centres or any Institute/Organization of Central/State Government may apply for registration as an HI and act as a Business Incubator (BI) for nurturing of ideas from the initial stage of conceptualization to the commercialization stage through HIs/ BIs. The institutions may apply for registration as HI through the MIS portal of the DC MSME website. (innovative.msme.gov.in) . All earlier approved Host Institutes (HIs) will be continued as HI for scheme implementation. \niv) Financial Assistance under the Scheme:\nUp to maximum of Rs. 15 lakh per idea shall be provided to HI for developing and nurturing the ideas.
URL:https://aidfy.org/event/msme-idea-hackathon-5-0/
LOCATION:India\, India
CATEGORIES:Business Plan Competition
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