The Spark Up Idea Fund Program

Date: 
Friday, February 13, 2015 - 11:00
Photo Gallery: 
Description: 

Date                          : 13/02/2015 11:00 AM To 01:00 PM Friday

The Speaker              : Ankit Machhar (International Center for Entrepreneurship and Technology) 

Spark-up Idea Fund program is a unique opportunity for students to submit their innovative Idea/Project & have an opportunity to receive support and funding of up-to INR 50,000. Any student or team from any discipline and college can apply for the fund. To meet the qualifying criteria the idea must be implementable, commercially viable and new or one giving a better alternative to an existing product or service. The idea must be backed by a committed individual or team who can take the idea from one stage to the next. 

Students are expected to fill a simple application form describing the idea, giving reasons on why the idea should be selected. Provide references from Faculty/Guide who would vouch for the students or the team and details of the amount of fund required at various stages.

Application Submission Deadline:  March 31, 2015
    
Screening, Evaluation and Interviews: Apr 01 - May 15, 2015
    
Qualification Criteria:

    Technovative and/or appeal to a Mass market.
    Implementable.
    Commercially Viable.
    Entirely New, Better Alternative and/or Affordable.
    Committed Individual/Team.

Proposal Inclusions:

    IDEA Description.
    Why this Team & What's Next?
    Why Worthy of Consideration?
    Who will Vouch for you?
    Disbursement Schedule

Terms and Conditions:

    IPR belongs to the individual/team.
    The Centre has the rights to publicize the winner and the idea.
    Onus on team/individual for how much money for Disbursement Schedule.
    Proof of Concept in 90 days.
    One Faculty member for mentoring and hand-holding.
    Regular Reporting and face-to-face meeting occasionally.
    Orientation, Mid-review and Final presentation at every stage.

For more details visit : http://www.icreate.org.in/spark_up
 

 

 

 

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