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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

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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 - News - 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 Ve .....

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..... ntures, 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 community to drive the entire value chain from innovation to manufacturing in India. Qualcomm has supported Prime Minister Modi s vision of Make in India by rece .....

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..... ntly announcing Qualcomm Design in India Initiative. They are further supporting this vision by announcing the QPrize Make in India special edition contest to energize the start-up ecosystem to join this movement towards creation of a local product design and manufacturing ecosystem. We are delighted to announce the QPrize Make in India contest that will be a driving force for Indian entrepr .....

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..... eneurs 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 .....

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..... equity investment, they will bring in immense experience and support to nurture the startups through their Qualcomm Ventures arm and Design in India initiatives targeted towards making India a hub for design and manufacturing. Details of QPrize Make in India contest are as follows: The contest opens on February 4, 2016 Start-ups can submit their entries on the DIPP / Make in India we .....

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..... bsite. Last date for submitting entries is February 12, 2016 DIPP will announce the shortlist on February 15, 2016 Shortlisted companies will be invited for the final pitch presentation during the grand finale on February 18, 2016 Jury will consist of eminent names from the Government, industry and Qualcomm Winner will be awarded US$ 350,000 (Rs. 2 Crore) as equity investment from Q .....

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..... ualcomm Ventures The grand finale will be held at the Make in India Centre, MMRDA Grounds, Bandra - Kurla Complex and will be televised With over $5 billion worth investment in 2015 and 3 to 4 startups emerging every day, India has the third largest number of startups in the world. The QPrize Make in India special edition challenge is aimed at celebrating the entrepreneurship spirit of countr .....

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..... y s youth and will be attended by CEOs and founders of top Start-ups from across the country that are attending the Make in India Week. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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