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Michelin, DPIIT join hands for initiative to promote innovation, entrepreneurship
Economic Times
·
1y ago
Medial
French tyre company Michelin has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) in India to launch the AI Startup Challenge. This initiative aims to promote innovation and entrepreneurship by selecting, mentoring, and collaborating with leading AI startups in the country. The challenge invites startups to submit applications showcasing their capabilities, with the top three startups receiving paid pilot projects from Michelin and the opportunity for long-term global contracts and incubation support. The challenge focuses on areas like manufacturing, supply chain, operating software, and infrastructure.
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Mercedes joins hands with DPIIT to support startups
Economic Times
·
4m ago
Medial
Mercedes-Benz India has partnered with DPIIT to support startups through mentorship, funding access, and opportunities for scaling innovations internationally. The collaboration, formalized with a Memorandum of Understanding, aims to foster innovation, sustainability, and entrepreneurship within India’s startup ecosystem. It focuses on advancements in road safety, environmental sustainability, and societal development. Mercedes-Benz will offer infrastructure and market linkages, while DPIIT will enhance visibility and participation through the Startup India initiative.
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India achieves 1.4 lakh startups milestone; 67,499 led by women
Inshorts
·
11m ago
Medial
India's startup ecosystem thrives with over 1.4 lakh entities recognized by DPIIT as of June 2024, with 67,499 startups led by women. The Startup India initiative, launched in 2016, has fueled innovation, creating over 15.53 lakh direct jobs. Government schemes continue to support and enhance entrepreneurship nationwide.
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DPIIT inks pact with Hafele India to help startups in manufacturing sector
YourStory
·
2m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Hafele India to support startups in the manufacturing sector. This agreement focuses on product innovation, local sourcing, and entrepreneurship through investment, mentorship, and global value chain integration. Hafele will offer infrastructure access, supplier development, technical collaboration, and market opportunities to startups and MSMEs. DPIIT aims to empower startups through ecosystem access and partnerships aligned with the Make in India initiative.
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DPIIT, Stride Ventures partner to support startups in their funding requirements
Economic Times
·
6m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Stride Ventures to support startups with high growth potential by providing funding, strategic mentorship, and market access. This collaboration aims to raise awareness about diverse fundraising options, including venture debt, and support startups from tier-2 and tier-3 cities. Stride Ventures will curate programs and collaborate on initiatives like the Bharat Grand Challenge to promote entrepreneurship and innovation.
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Govt reconstitutes National Startup Advisory Council
Economic Times
·
1y ago
Medial
The government has reconstituted the National Startup Advisory Council (NSAC) and nominated 31 non-official members, including Abhiraj Singh Bhal from Urban Company and Kunal Bahl from Snapdeal. The NSAC was formed by the Department for Promotion of Industry and Internal Trade (DPIIT) in 2020 to provide advice on building a strong ecosystem for startups and innovation in India. The non-official members, selected for a two-year term, include representatives of successful startups, investors, associations, and industry chambers. The NSAC will meet on Tuesday to discuss various measures to promote innovation and entrepreneurship.
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Atal Innovation Mission lays out framework for startup incubation centres
Economic Times
·
1y ago
Medial
Atal Innovation Mission (AIM) outlines a framework for startup incubation centers to promote innovation and entrepreneurship in India. AIM, a government initiative, aims to enhance the startup ecosystem by fostering collaboration between incubators, startups, and industry players. The framework aims to create a conducive environment for startups, providing them with essential support, resources, and mentorship to accelerate their growth and success.
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Startup Mahakumbh launches Rs 30 Cr Startup Maha Rathi challenge to empower Indian entrepreneurs
YourStory
·
4m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT), alongside various partners, has launched the Rs 30 crore Startup Maha Rathi challenge as part of Startup Mahakumbh. This initiative aims to empower Indian entrepreneurs by providing funding, mentorship, and strategic guidance across 11 key sectors to align with India’s long-term vision of Viksit Bharat 2047. Selected startups will gain exposure to global investors and markets, encouraging innovation and strengthening India's leadership in entrepreneurship.
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iStart to celebrate National Startup Day with sessions in Jaipur
Inshorts
·
6m ago
Medial
iStart, Rajasthan's flagship initiative to promote innovation and entrepreneurship, will mark National Startup Day with a series of sessions. The events, designed to inspire and empower entrepreneurs, will take place at the Bhamashah Techno Hub in Jaipur on January 16 and 17. The two-day event will provide a platform for knowledge sharing and networking with industry stalwarts.
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DPIIT opens applications for 5th National Startup Awards
YourStory
·
1d ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has opened applications for the fifth National Startup Awards, focusing on domains like agriculture, clean energy, fintech, and more. The awards recognize both commercial success and social impact. DPIIT, partnering with various organizations, launched the Startup Maha Rathi challenge to support Indian startups with funding and mentorship. Collaborating with YourStory Media, DPIIT aims to foster entrepreneurship and highlight local innovation, particularly in underrepresented regions of India.
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Govt Greenlights INR 50 Lakh Grants Each For 4 Textile Startups
Inc42
·
10m ago
Medial
The GREAT scheme, part of India's National Technical Textiles Mission, plans to support startups working on projects related to composites, sustainable textiles, and smart textiles. The initiative aims to promote entrepreneurship and innovation in the field of technical textiles. It is projected that the Indian technical textile industry will reach a market size of $309 billion by 2047.
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