ENA Sectors 2017-11-11 09:17:10 <p><strong>New Delhi, Nov 11 (KNN) </strong>The Indian Institute of Management (IIM) Calcutta Innovation Park in association with Department of Science &amp; Technology Government of India (DST-GoI) has launched Smartfifty contest in a bid to encourage the startups in the country.</p> <p>The contest is open to aspiring or early stage (set up within last 5 years) Startups working on solutions that addresses the socio-economic needs of India and preference will be given to those with a full-time core team and a working model or prototype or proof of concept ready for customer validation.</p> <p>The areas of focus are smart agriculture, smart money, smart learning, smart health, smart living and smart sustainability, the organizers informed in a release</p> <p>The release further said that the total reward for the contest is 21 Crore including cash and benefit. Top 10 startups can get funding up to Rs. 1 Crore each and assured Incubation at IIM Calcutta Innovation Park and top 50 startups get assured funding of Rs. 4 Lakh each and get access to dedicated mentoring.</p> <p>Top 400 Start Ups to get assured benefit worth Rs. 1 lakh each.</p> <p>The last date to register for the contest is Nov 25, 2017 and the grand finale will be held on March 31, 2018, the release added. <strong>(KNN/AG)</strong></p> 18395 http://knnindia.co.in/news/newsdetails/sectors/iim-dept-of-science-and-tech-announces-smartfifty-contest-for-startups 2017-11-11 09:17:10 knnindia.co.in