Delhi Police announces the launch of Open Innovation Challenge 2021 to identify novel and emerging technological solutions from innovators , Startup’s , MSMEs and Enterprise to tackle the problem statements identified by the agency . The shortlisted teams stand a chance to win exciting cash prizes and grants upto 6 Lakhs. The solutions developed by winners will be eligible for possible procurement by the force and mentorship by law enforcement and industry experts.
Start-ups adhering the following criteria are encouraged to apply:
I. Start-ups: Applicants willing to propose and develop solutions must be:
A Startup incorporated as a private or public limited under the Companies Act, 2013 or the previous Act 1956.
The Indian Tech start-ups, MSMEs (Ministry of Small and Medium Enterprises), Companies, LLPs (Limited Liability Partnerships) registered in India under Companies Act can apply. The entity must have 51% or more shareholding with Indian citizen or person of Indian origin and should be domiciled in India. The applicant’s entity should not be a subsidiary company of any foreign corporation.
Start-ups adhering the following criteria are encouraged to apply:
I. Start-ups: Applicants willing to propose and develop solutions must be:
A Startup incorporated as a private or public limited under the Companies Act, 2013 or the previous Act 1956.
The Indian Tech start-ups, MSMEs (Ministry of Small and Medium Enterprises), Companies, LLPs (Limited Liability Partnerships) registered in India under Companies Act can apply. The entity must have 51% or more shareholding with Indian citizen or person of Indian origin and should be domiciled in India. The applicant’s entity should not be a subsidiary company of any foreign corporation.
Further to encourage participation from academia and industry, participating teams not mandatorily registered as Companies/ startups/ MSMEs/ LLPs can also apply for the Grand Challenge for Strengthening Border Security. However, the teams making it to the Stage-2, will be required to apply for registration as Indian Startups/ Company/ MSMEs/ LLPs. It will be expected that by the time of selection at the final stage, necessary registration has been completed.
II. Also, the applicant would be required to furnish the proof of such registrations and necessary balance sheets.
III. The applicant should have product in the market and existing customers. The scheme does not envisage to support ideation stage start-ups.
Awards:-
Fiscal Incentives
Cash Prizes and Grants upto 6 Lakhs
Non-Fiscal Incentives
Handholding and Mentorship Support by Law Enforcement Authorities and Industry Experts, Possible Procurement Opportunity by Delhi Police
Deadline:- 06-12-2021
