Hannover Milano Fairs India Pvt. Ltd. (HMFI), the Indian subsidiary of the Global JV Company HMG (Hannover Milano Global), will launch the new +91 Start-up Challenge for the young entrepreneurs of India.
At the Challenge Start-ups, SMEs and young innovators will live pitch to complete for innovation challenge.
This year, CeBIT India will see an increased focus on Indian start-ups that will come on the same platform to share ideas, collaborate, exchange and disrupt to create something extraordinary out of the ordinary. +91 Start Up Challenge is a platform built along the lines of Code N – an international competition for start-ups and budding enterprises, held annually in CeBIT Hannover.
Talking about the start-up ecosystem in India, Mehul Lanvers Shah, Managing Director, Hannover Milano Fairs India, said, “The +91 Start Up Challenge provides an impetus to these exuberated minds to grow and progress under the large companies. Unlike the previous years, this year the limelight is on exploring the challenges faced by the start-up community and ways to fight for their survival. Starts Ups will be pitching live to the jury, thus providing opportunities to interact and connect with more established enterprises.”
Furthermore, CeBIT INDIA this year has collaborated with 3 Start Up associations, who will host a StartUp Incubation Summit on December 10, 2016 in the Innovation Stage at CeBIT India. These three partners are 100 Open Startups (Global Strategic Partner), StartUp Square (Global Ecosystem Partner), and StartUp Going Global (Global Expansion Partner). This incubation summit will bring together startups, academia, accelerators, incubators and industry to create a perfect ecosystem. Special keynotes will be delivered by Mr. Diksha Nigam, StartUp Invest India from National Investment Promotion Agency. Dr. Bruno Rondani, Founder, 100 Open Startups, Prashant Ajmera, Founder & Director, StartUp Going Global
The challenge was introduced in CeBIT India’s inaugural edition in 2014. It garnered extensive popularity by capturing the attention of Infosys and IBM Ventures amongst others, looking to identify and fund start-ups with high potential for commercial success. Last year +91 Start Up Challenge performed as a bridge to connect the entrepreneurs across the globe where both Indian as well as International start-ups participated in exciting challenges. The selected winners from the +91 Start-Up challenge will be taken to Germany for showcasing their idea at CeBIT Hannover 2017.
This year, 3rd edition of CeBIT India will be held at the Bangalore International Exhibition Centre (BIEC) from 8-10 December 2016, with the theme of Discover the Business of Technology Innovation! How collaborative disruption is changing tomorrow’s innovation.