Ample scope for innovative startups to sustain by winning competitions

Summer innovation Challenge – 2018

Date – 11 September 2018: Gujarat University Convention Centre, Ahmedabad:  Gone are the days when startups struggled for sustaining their dreams. Thanks to the central and state governments initiatives that are helping innovative founders scale up.

Apart from various initiatives like STARTUP India and STANDUP India, there are numerous competitions that are being conducted across the nation with huge prize amounts. With so many avenues opening up, funding at early stage is no more a nightmare.

Statistics prove that early stage external funding dilutes the equity of the founder to a maximum extent. Also leads to compromise of the mission of the innovators. This hurdle is deftly removed by such competitions, encouraging young ideators to take a bold step towards establishing an entity.

Student Startup Innovation policy CELL, recently conducted the  Inauguration of Gujarat Industrial Hackathon – 2018, And Prize Distribution for Summer innovation Challenge – 2018 Winners  and Student Startup Awards- 2018 in Ahmedabad on Monday (10th September 18).

“Education Department Government of Gujarat and Student Startup and Innovation Policy Cell Organised launch of Gujarat Industrial Hackathon 2018, Prize Distribution to winner of Summer innovation Challenge – 2018 and Student Startup Awards-2018  on 10 Sep. 2018 at Gujarat University Convention Centre , Ahmedabad to promote efforts of Student Startups and felicitate new innovators of Gujarat state.

The Program was moderated by Mrs. Anju Ben Sharma Principle Secretary (DTE) by welcoming Chief Guest Shri VijayBhai Rupani (Honourable Chief Minister ,Gujarat State) along with Guest of Honour Shri Bhupendrasinh Chudasama (Hon. Minister Education,Gujarat state) and Smt. Vidhavariben Dave (Hon. Mos, Primary and Higher Education, Gujarat State).

In this program more than 2500 Students from different parts of the Gujarat gathered to celebrate the success of Student startups and to participate in the upcoming Industrial Hackathon. The program started with Motivating speech by Honourable CM of Gujarat to encourage new innovations and entrepreneurship for creating ecosystem of student startups. After the speech Honourable CM Inaugurated the Gujarat Industrial Hackathon 2018 for students to become part of this hackathon.

He launched the INTELLECTUAL PROPERTY GUIDELINES for Academia in Gujarat to encourage students and institute for research and patent filing.

Honourable CM also felicitated 5 winners of student startup award 2018 with cash prize upto 1 Lakh INR. Two Startups from Gujarat Technological University (GTU ) secured 1 & 2 position and rewarded with Cash prize of 1 Lakh INR. The Two startups 1. Sanburn and 2. Wepaint Incubated at GTU received award from Honourable CM. The founder of Startup Sanburn Mr. Hirath Mehta & Archan Mehta and Founder of WEPAINT Mr. Jatin Patel were present during the award ceremony. The startup from GTU Innovation Council selected because of its innovative product and potential market size in future.

About the startups:

WEPAINT – We paint is a new type of dry erase paint that allows you to convert any wall/surface to a write-erase, whiteboard and projectable surface. This product is available throughout the Indian Subcontinent.

Sanburn – San-Burn is a “Sanitary Napkin Destroyer” in field of Waste Management. They are leading manufacturer and supplier of Sanitary Napkin Burner in the field of waste management disposal.”

Way2World admires the initiatives of the Gujarat Government in fostering the right culture for the sustenance of the ecosystem. With inputs from internet – RajKishan