News8Plus-Realtime Updates On Breaking News & Headlines

Realtime Updates On Breaking News & Headlines

SmartIDEAthon 2022 Begins at GITAM, Entries Received from 27 states

GITAM (Deemed to be) University, in affiliation with Startup India, Northeastern University Middle for Rising Markets (NUCEM), Boston and Northeastern University Middle for Entrepreneurship Education (NUCEE), Boston, has launched the coveted SmartIDEAthon 2022 Problem with over 1000+ scholar groups from throughout 27 states pitching start-up concepts that would assist construct sustainable and resilient communities by social innovation. All enterprise concepts are to be round 5 pertinent themes which can be presently related to India. 


The mega pitchfest entails customized teaching for shortlisted scholar entrepreneurs, a sponsored journey to Boston and money and grants value Rs. 30 lakh for winners and runners-up. The themes for 2022 align with [email protected] – Azaadi ka Amrit Mahotsav celebrations. These are meals and agriculture, clear/inexperienced expertise, waste administration, well being tech and assistive expertise, and water administration.


Scholar members presently enrolled in any undergraduate or postgraduate packages and up to date graduates can showcase their enterprise concepts in groups not exceeding two members.


In Spherical 1, a panel of prime enterprise leaders will evaluation the submitted minute-long video pitches and shows for relevance and innovation. As much as 100 shortlisted candidates will make it to Spherical 2 and be invited for on-line Bootcamp periods and training by ace entrepreneurship practitioners. After the panel re-assesses submitted concepts for innovation, scalability and influence, 32 shortlisted groups from Spherical 2 get to stroll into the semi-finals.


The semi-finals and the grand finale shall be organized in individual at GITAM’s Visakhapatnam campus, the place the groups will community with trade specialists, entrepreneurs and different distinguished company. Because the competitors will get stiff, eight groups will pitch to an eminent jury and dwell viewers on stage in an auditorium setting.


Moreover Bootcamp-style and one-on-one teaching and prizes value a complete of Rs. 30 lakh, winners and first runners-up shall be flown to Boston for an all expenses-paid two-week keep hosted by Northeastern University. They’ll get to see and expertise the colourful Boston entrepreneurship ecosystem with journeys to native incubators and accelerators and particular mentoring by specialists.


These Boston journeys could be for the winner and runner-up groups of the Problem and winners within the Greatest Social Impression Enterprise Thought and the Greatest Lady-led Entrepreneurship Thought classes.


Mr. Krish Nangegadda, Chief Innovation Officer, GITAM (Deemed to be) University, stated, “At GITAM’s Venture Development Center (VDC), we specialize in providing experiential entrepreneurship education to students of all disciplines. We have created a vibrant ecosystem of assets and events that enable creative thinking and an entrepreneurial mindset to solve business and societal problems. SmartIDEAthon is one such event that offers a platform for young minds to propose solutions around the themes advertised. The coaches and mentors at the VDC are equipped to conduct bootcamps and one-on-one sessions to handhold and guide the students to refine their ideas and to prepare them for the pitching competition.  This is going to be a truly enriching experience for the students and equally for the coaches and organizers as well.”


The current ideathon is focused on themes which are of national importance; through this ideathon, we encourage students to work on startups that help build sustainable and resilient communities through social innovation.  The focus is on identifying pressing problems in Indian society. The participants are encouraged to pitch ideas that will solve these problems and positively impact millions of people. We encourage students to explore technological, process, and design innovations,” stated Prof. Raja P Pappu, Director, Enterprise Improvement Centre, GITAM.


The platform offers a wonderful alternative for budding entrepreneurs to community. “When starting out, an entrepreneur’s network can open doors to critical opportunities, knowledge, and support that can be the difference between a venture that succeeds and one that fails. SmartIDEAthon curates these crucial experiences for an entrepreneur,” stated Mahesh Varier, Deputy Director-VDC, GITAM


The earlier version of SmartIDEAthon Problem witnessed an amazing response from college students, with 250 staff submissions from over 90 faculties in 17 states final 12 months. Spherical 1 and a pair of outcomes shall be out on July 15 and 22, respectively. The semi-finals and finale will happen in August 2022.

Click Here To Join Our Telegram Channel

When you’ve got any issues or complaints relating to this text, please tell us and the article shall be eliminated quickly. 

Raise A Concern