ENA Knowledge Resource 2022-08-12 11:12:09 <p><span style="font-size:14px"><strong>New Delhi, Aug 12 (KNN)</strong> The Ministry of Textiles in collaboration with Startup India and Invest India has invited applications for Handloom Startup Grand Challenge.</span></p> <p><span style="font-size:14px">According to the details mentioned on Startup India website entries can be submitted till September 7, 2022.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The Handloom Startup Grand Challenge is aimed at enhancing technologically developed handlooms by welcoming innovative and cost-effective solutions from youngsters associated with the world of startups and the theme is 'Handloom, Textiles and Apparel'.</span></p> <p><span style="font-size:14px">Participation is open for entrepreneurs, students of IIHTs and other educational Institutions/Universities, Innovators, researchers across India and as well as companies incorporated under the Companies Act 1956/2013, primarily a MSME as defined in the MSMED Act, 2006.</span></p> <p><span style="font-size:14px">Any company registered as a Start-up can apply but as defined, and recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) and the majority stake (more than 51%) of the applicant entity must be held in India.</span></p> <p><span style="font-size:14px">In view of incentives three cash prizes of Rs 3,00,000, Rs 2,00,000 &amp; Rs 1,00,000 for top 3 winners will be given respectively from amongst the participants.</span></p> <p><span style="font-size:14px">Three consolation prizes of Rs 75,000 for any 3 Start-ups selected by team of jury/experts will be given and will be shared only on the jurys discretion.</span></p> <p><span style="font-size:14px">The Challenge also intends to at provide better quality handloom items to the customers with the reduced stress for weavers during handloom weaving. <strong>(</strong><em><strong>KNN Bureau)</strong></em></span></p> 30187 https://knnindia.co.in/news/newsdetails/knowledge-resource/govt-announces-handloom-startup-grand-challenge-closing-date-sept-7 2022-08-12 11:12:09 knnindia.co.in