Mumbai, 24th August 2022: So as to determine India’s smartest and brightest younger minds, Administration Entrepreneurship Skilled Abilities Council (MEPSC), below the Ministry of Talent Improvement and Entrepreneurship (MSDE) in affiliation with CBSE (Central Board of Secondary Training), ThinkStartup (TS) which is a brand new age schooling enterprise that gives trendy, related and fascinating entrepreneurial studying to K12 phase and Bajaj Allianz Life right now introduced the India @75 (Azadi Ka Amrit Mahotsav): ‘YOUTH IDEATHON 2022’. The annual competition of concepts had its inaugural version in 2021 by a collaboration between MEPSC and ThinkStartup. Marking its return in 2022, this multistage competition of revolutionary entrepreneurial concepts is not going to solely attempt to determine, showcase and have a few of India’s brightest younger entrepreneurial minds however will even work in direction of inculcating the spirit of innovation and entrepreneurship amongst faculty college students.
The 4-stage competition of entrepreneurial considering will characteristic thrilling rewards and recognition alternatives for college students, mentor academics and faculties. This 12 months’s Youth Ideathon will even characteristic a bonus fifth spherical that focuses on incubating high-potential scholar concepts into real-life enterprise ventures. By way of this initiative, ThinkStartup and MEPSC attempt to information kids, assist them determine societal issues, suggest options which are able to addressing these issues and most significantly assist in turning these prototypes into actual time options by offering them monetary help and related business publicity.
College students of lessons 4th to 12th from throughout India together with CBSE affiliated faculties in overseas international locations can take part within the Youth Ideathon without spending a dime by submitting their concepts on the next hyperlink – https://youthideathon.in/submit-your-idea. Being a group based mostly competitors, eligible college students can take part solely in groups of three to five members with the minimal measurement of every collaborating group being 3 whereas the utmost measurement being 5.
Col. Anil Kumar Pokhriyal, CEO, MEPSC stated “Final 12 months once we began this initiative, we weren’t conscious the great affect that we’d have by this initiative. By way of this humble effort of ours, we try to determine concepts which have the potential to alter our nation for good”
Dr. Rajiv Kumar, Former Vice Chairman, NITI Aayog stated “India has been the cradle of innovation for hundreds of years and as we transfer into a brand new period, it’s time to construct an ecosystem that helps entrepreneurship and innovation. The expansion chance for an initiative like that is limitless owing to the truth that this new period might be led by improvements induced by kids”
Dr. Chintan Vaishnav, Mission Director, Atal Innovation Mission “In India, we now have over 75000 startups, i.e. virtually One startup in each 20000 individuals whereas the quantity in developed nations is about One in each 2000. This gives an unlimited progress alternative for the startup ecosystem in India and initiatives comparable to Youth Ideathon 2022 are extraordinarily vital in direction of guaranteeing that”
Ms. Shivani Singh Kapoor, Founder, ThinkStartup, stated “With over 62000 registrations, India @75 Youth Ideathon, supplied us with a fantastic launch platform. I firmly imagine that this 12 months’s Youth Ideathon will obtain an excellent higher response as in comparison with final 12 months’s Youth Ideathon and can lay down the foundations of India’s technological leap to international management”
Based on Sanjeeva Shivesh, Co-Founder, ThinkStartup & Programme Director, Youth Ideathon “Constructing entrepreneurial considering from a younger age has actually develop into the necessity of the hour for our nation. With this 12 months’s theme for Youth Ideathon being MERA IDEA JO BADAL DE BHARAT, we want to spotlight, foster and information younger entrepreneurial minds who’ve the potential to embark a wave of change that might lead our nation and its individuals to a extra sustainable future”
So as to present monetary help to India’s brightest younger entrepreneurial minds, the organizers of the Youth Ideathon 2022 has introduced a Prototyping Award together with prize cash of ₹10,000 every for the highest 25 groups. Out of those high 25 groups, the shortlisted high 10 groups might be provided an incubation grant of ₹100,000 every. Sheatwork, a one-stop data hub for ladies entrepreneurs has additionally introduced a prize cash of Rs. 25,000 for the most effective Scholar Innovator (Feminine).
Acknowledged by the Central Board of Secondary Training (CBSE), this 12 months’s Youth Ideathon is being backed by a few of the most famed entities throughout the corporates and academia comparable to Bajaj Allianz, Cambridge College, FITT, Sheatwork, TIDE (Enterprise Incubator, IIT Roorkee), TIFAC, Unlock.match, NPSC India and so forth.
About MEPSC
Administration Entrepreneurship Skilled Abilities Council (MEPSC) is a Horizontal Sector Abilities Council fashioned on fifteenth December 2015 below the Ministry of Talent Improvement and Entrepreneurship, Govt of India, to bridge the employability hole. MEPSC is to deal with job roles which are sector and business agnostic. One of many key targets is to advertise entrepreneurship growth throughout the nation.
About ThinkStartup
ThinkStartup (TS) works within the space of entrepreneurship schooling for the K12 phase. It provides studying content material, curriculum design, new-age instruments like ideathons and hackathons for varsity college students all throughout India. It additionally provides Scholar Entrepreneurship Lab and Startup Mentors to budding scholar entrepreneurs in Tier -1 /2 / 3 cities.
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