Rajiv Gandhi Entrepreneurship Program – Innovate Karnataka
Rajiv Gandhi Entrepreneurship Program
Inviting purposes from eligible candidates underneath Rajiv Gandhi Entrepreneurship Program to domesticate innovation and foster entrepreneurship amongst younger & proficient graduates.
The Division of El, IT & Bt, Authorities of Karnataka invitations purposes (on-line mode) from Innovators who’ve accomplished 3 yr or 4 year-graduation programme (Science/Engineering stream) in Karnataka for an early-stage funding program that nurtures concepts and improvements to advertise revolutionary endeavors, startups initiated by college students or entrepreneurs.
For particulars about this system and eligibility standards please go to https://bit.ly/4bETDd8.
The final date to submit of utility type: is 13/08/2024 as much as 5.00 pm.
Hyperlink to utility type https://varieties.gle/Zet7fPAwsjpihCij9.
Rajiv Gandhi Entrepreneurship Program (RGEP)
About this system:
- An early-stage funding program that nurtures concepts and improvements to advertise revolutionary endeavors, startups initiated by college students or entrepreneurs.
- A pivotal initiative designed to domesticate innovation and foster entrepreneurship amongst younger & proficient graduates, constituting a shift from conventional job looking for to entrepreneurship by providing them viable profession choices and to stimulate job creation and technological developments, thereby selling an innovation-driven financial progress inside Karnataka.
- RGEP goals at supporting 30 innovators recognized by a variety course of, by a month-to-month stipend/subsistence grant of Rs.25,000 for a interval of 12 months, serving to them survive the uncertainties through the part of ideation. It sometimes concludes with Prototype / Minimal Viable Product (MVP) / Proof of Idea that has enterprise potential.
- Innovators within the RGEP might be required to connect with designated Innovation Hubs, akin to Ok-Tech companions and the progress of the innovator through the interval of program (12 months) could be monitored by them, making certain that every one innovators are intently monitored by their entrepreneurial journey.
Rajiv Gandhi Entrepreneurship Program – Eligibility Standards
The innovator / applicant ought to:
- be a citizen of India (domicile of Karnataka)
- have accomplished 3 or 4 years of diploma (science/engineering) and have 2 years full time work expertise submit diploma,
- shouldn’t be working as an worker with any firm for remuneration (contract/outsourced/everlasting),
- mustn’t have invested/maintain any stake in some other Startup
- should be 28 years or youthful as on the date of utility
- should be solely devoted to pursuing the proposed enterprise thought for this system period of 12 months after choice.
Analysis Course of for Rajiv Gandhi Entrepreneurship Program
- Step 1- Information Sufficiency: On this stage, the purposes acquired shall be vetted to verify for fundamental eligibility and submission of eligibility paperwork together with pitch deck to make sure requested data is submitted and is genuine.
- Step 2- Jury Analysis: Shortlisted candidates shall be invited in particular person to current their improvements/concepts in entrance of a jury panel comprising of three members from the business associations, academia, and corporates. The evaluation shall be performed for 15 minutes per innovator.
Analysis Parameters:
- Novelty/Innovation (30 Marks)
- Potential Socio-economic Impression (30 Marks)
- Power of Enterprise Mannequin (20 Marks)
- Feasibility and Implementation (10 Marks)
- Business Potential (10 Marks)
Based mostly on the evaluations, prime 30 innovators shall be chosen and supported for 12 months.
APPLY ONLINE HERE
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