President Murmu Launches MSME Idea Hackathon 5.0 at IIT Indore
In a significant move to promote innovation and entrepreneurship, President Droupadi Murmu launched the MSME Idea Hackathon 5.0 at IIT Indore. The hackathon, which invites students, startups, and individuals with innovative ideas, aims to identify and nurture promising projects that can transform the economy. The event was held at the Indian Institute of Technology (IIT) Indore, a renowned institution known for its strong track record in supporting startups.
The MSME Idea Hackathon 5.0 is an initiative of the Ministry of Micro, Small and Medium Enterprises (MSME) to encourage innovative thinking and problem-solving. The hackathon is open to individuals, startups, and students who have a passion for innovation and want to turn their ideas into reality. The selected participants will have the opportunity to win up to ₹15 lakh, in addition to receiving incubation, mentorship, and investor access.
The hackathon is a 5-day event, which began on July 25, 2023, and will conclude on July 29, 2023. During this period, participants will work on their projects, receive feedback from mentors, and refine their ideas. The final pitches will be judged by a panel of experts, and the winners will be announced on July 29, 2023.
IIT Indore has a strong reputation for supporting startups and entrepreneurs. The institution has a dedicated incubation center, which provides resources, infrastructure, and mentorship to startups. The center has already supported over 100 startups, and many of them have gone on to achieve significant success.
The MSME Idea Hackathon 5.0 is an excellent opportunity for individuals with innovative ideas to take their projects to the next level. The hackathon is open to students, startups, and individuals who are passionate about innovation and want to make a difference. The selected participants will have the chance to work with mentors, receive feedback, and refine their ideas.
The hackathon is not just limited to technology-based ideas. It is open to all kinds of innovative projects, including social entrepreneurship, sustainable development, and rural development. The event is an excellent platform for individuals to showcase their skills, network with like-minded individuals, and learn from each other.
The MSME Idea Hackathon 5.0 is a testament to the government’s commitment to promoting innovation and entrepreneurship in the country. The initiative is part of the government’s efforts to create a startup ecosystem that can drive economic growth and job creation.
The applications for the MSME Idea Hackathon 5.0 are open until July 31, 2023, via the MSME portal. Interested participants can submit their applications, which should include a detailed project proposal, a brief description of their idea, and a pitch video.
In conclusion, the MSME Idea Hackathon 5.0 is an excellent opportunity for individuals with innovative ideas to take their projects to the next level. The event is a platform for startups, students, and individuals to showcase their skills, network with like-minded individuals, and learn from each other. With IIT Indore’s strong track record in startup support, the hackathon is an event not to be missed.
Source: https://ascendants.in/industry_events/msme-idea-hackathon-5-0-launches-at-iit-indore/
