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DIPP and Qualcomm announce QPrize - Make in India contest for Start Ups Winner takes it all - ₹ 2 Crore in equity investment

News and Press Release - Dated:- 4-2-2016 - NEW DELHI - February 4, 2016 - In support of the Make in India Week, the Department of Industrial Policy & Promotion (DIPP) and Qualcomm Incorporated (NASDAQ: QCOM), through its venture investment arm, Qualcomm Ventures, today announced India s largest start-up contest QPrize Make in India awarding US$ 350,000 in equity investment as prize money for the winning company. The goal of this contest is to catalyze Indian entrepreneurs and start up commu .....

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st that will be a driving force for Indian entrepreneurs aligning with our Prime Minister Modi s vision for Start-up India and Make in India, said Amitabh Kant, Secretary, Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry, Government of India. It is heartening to see an industry leader like Qualcomm, joining forces and contributing to make this vision a reality. Besides the ₹ 2 Crore prize money through equity investment, they will bring in immense e .....

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