Incentives to student Innovators and Start-ups for exposure and participation in innovation/start-up related programmes at national and international arena

SSIP is trying to develop a grassroots level culture to harness creative potential of youth across academia in the state. Significant number of teams across domains and universities have demonstrated huge potential through their innovation and start-ups. Many of them are also participating in various national and international programmes to demonstrate their work or explore for further value addition. Various open innovation initiatives, boot camps, demo days, accelerators, incubators, hackathons, awards and competitions are happening at national and internal stages round the years. It has been noticed that many of our SSIP grantees and other student innovators and start-ups are actively taking part in such platforms. In the SSIP policy, a clear mandate is given to create holistic end to end ecosystem for student start-ups. Early exposure and validation for any innovator and start-ups in their journey plays critical role in widening their vison and put their skills towards right orientation. Hence it’s imperative that, we also work for supporting potential teams to participate in other ecosystems and bring back experience, achievement and insights which will laterally help others in our own ecosystem in Gujarat. Generally, such programmes have basic registration fees and the teams has to manage the travel and some logistic costs associated with it. It is recommended that SSIP cell at Education department can supports some of the outstanding teams for the same. A process like below can be put in place which will ensure that meritorious teams are supported for the cause.


State level expert committee and Evaluation

This committee will comprise experts from Incubators, Accelerators, Academia, Industry, Innovation Promotion Organizations and members from SSIP Cell. Teams of innovators, student start-ups who have been short listed to participate in such reputed national and internal initiatives have to apply through SSIP web portal. Periodically the applications can be reviewed by this expert committee and check the credibility/worthiness of SSIP support for the applicant. As some of the national and internal competitions are technical in nature, the experts from the start-up ecosystem present in the above committee can give suitable advice.


Goal

  1. Annually SSIP will support around 200 such teams to start with
  2. Gradually SSIP will compile a list of sought after national and international platforms where if a team is short listed can be supported directly without going through the state expert committee
  3. SSIP will leverage the beneficiary teams as inspiration for future students and start-ups
  4. SSIP cell will do an annual meet up all such beneficiary every year for cross learning purpose so that local ecosystem will benefit from the experience
  5. The beneficiaries will also share their learning to aspiring innovators through efforts of SSIP Hub or other means
  6. An annual report will be compiled from learning from all and shared among all stakeholders for their benefits
  7. Winners at National and Internal level arenas will also be appreciated by SSIP
Application Form for Travel Support  Click Here

Financial support to recommended teams For participate

Sr. No.

Activity Bifurcation

Maximum financial support that can be provided to the initiative:

Head

Domestic

International

1

Hackathon/ Innovation Camp

T/L:

50k  INR (10k*5 person)

50K INR

2

Exhibition/ Tech Expo/Start-up conference

P/R:

25k INR

50k INR

3

Bootcamp/ Incubator/ Accelerator program participation/Others

T/L:

20k INR

50k INR