MAGIC Launches ‘Innovate for India Challenge 2022’ for Startups
– 4th edition of MAGIC’s flagship Annual Innovation Challenge is open for startups across all industry sector at Prototype and Revenue Stage
CMIA’s MAGIC (Marathwada Accelerator for Growth & Incubation Council) – a vibrant incubator that supports entrepreneurs, translate their innovative ideas into commercially viable enterprises – has launched the 4th edition of its signature annual innovation challenge. This year’s edition is ‘Innovate for India Challenge 2022’ that emphasizes on innovations that have the potential to contribute to the wealth creation and accelerated development, job creation & intellectual property for the nation.
MAGIC’s Innovate for India Challenge 2022 (IFIC 2022) is inviting applications from startups at Prototype & Revenue stages. There are separate evaluation tracks & awards for startups at Prototype & Revenue stages. Startups at the Ideation stage are welcome to apply under the Prototype category. The cumulative award value is ~Rs 5 Lac. IFIC 2022 is powered by 3D Engineering – one of the fastest growing engineering product companies.
The success of the previous edition ‘Atmanirbhar Bharat Innovation Challenge 20-21’ was demonstrated by the volume, quality & diversity of startups. We received ~350 applications from 17 states/UTs in the Country. After multiple rounds of thorough evaluation across two months, six winners were announced with cumulative prizes of ~Rs 4 Lac.” The event was well received & appreciated at the national level & the participants & winners are actively connected with MAGIC in various capacities.
To submit the application, visit bit.ly/IFIC2022
Last date to submit the online application is 5th March 2022.
For any queries, participants can write to [email protected]
This is an open innovation challenge conducted at all-India level & welcomes innovators from all education backgrounds, ages, genders, and sectors.
Enthusiasts are encouraged to visit MAGIC’s social media channels for latest updates & announcements.
Awards:-
1. Cash Prizes up to INR 5,00,000/-.
2. Incubation support at MAGIC.
3. Seed Funding
Deadline:- 15-03-2022