Registration opens for "India Innovation Challenge" 2016 on mygov.in

2016 India Innovation Challenge on mygov.in portal is opened for registration. The challenge is conducted by Indian Institute of Management Bangalore (IIMB) and the Department of Science and Technology, Government of India along with Texas Instruments Incorporated (TI). Registration for the challenge will close on September 30, 2016. It is open to engineering students from all recognized institutes across India. Where they can display their ideas and concepts that have the potential to solve pressing problems across various sectors and to help bring positive change to the lives of millions of people. Student powered start-ups are given the opportunity to be part of Government's 'Make in India' initiative through this contest. For the process of developing the product by the student start-ups, the Department of Science and Technology (DST) will be providing fund of Rupees 3.5 crore. In which Rupees 1.5 crore will go towards product development and the fund of Rupees 2 crore to the top teams to develop their start-ups. The challenge will be opened to a large number of citizens through MyGov. The challenge, which lasts for ten months, will include the top teams who will be able to get their start-ups incubated at IIMB’s reputed incubation center, the Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) Technical materials and guidance will be provided by Te...