In a significant move to foster innovation and entrepreneurship, InMobi is spearheading the 'Prakshepan innovation hackathon', a flagship initiative under the NIHIT platform. This event, part of the India-US CEO Forum’s Working Group (WG) 7, chaired by the visionary Naveen Tewari, Founder and CEO of InMobi, aims to create a vibrant ecosystem for startups in India. With applications open until October 15, aspiring entrepreneurs are encouraged to seize this unique opportunity to propel their ideas into reality. To register for this transformative opportunity, visit (https://www.nihit.org/prakshepan/apply/).
The NIHIT platform, which stands for *National Initiative for Harnessing Innovation and Technology*, is a knowledge-sharing initiative endorsed by the commerce ministries of both India and the United States. It aims to bridge gaps between innovative startups and industry leaders, thereby fostering an environment conducive to growth and collaboration. The launch of NIHIT has garnered significant appreciation from both governments, reflecting a strong commitment to nurturing bilateral ties through technological advancement.
The Prakshepan hackathon is set to be a game-changer for startups looking to make their mark in the industry. With a prize pool of up to Rs 1 crore, participants will not only compete for monetary rewards but also gain invaluable mentorship from top companies in their respective fields. This mentorship will provide guidance on navigating the complexities of the market, refining business models, and scaling operations effectively.
The hackathon aims to select innovative startups that demonstrate potential in enhancing the relationship between India and the US. This initiative is particularly timely as both nations seek to strengthen their economic ties and promote inclusive growth in the startup ecosystem. By participating in Prakshepan, startups can access resources that may otherwise be out of reach, including industry connections and expert advice.
The deadline for applications is until October 15, making it imperative for interested entrepreneurs to act swiftly. Here are top reasons why you should consider applying:
The Prakshepan innovation hackathon represents not just an event but a movement towards fostering innovation that transcends borders. As India continues to emerge as a global hub for technology and entrepreneurship, initiatives like this are crucial in harnessing local talent and ideas.
Don’t miss your chance to be part of this exciting journey. Apply now, and take your first step towards making your entrepreneurial dreams a reality. For more information about NIHIT and its initiatives, Visit (www.nihit.org).