Hyderabad, April 22 (KNN) The Telangana government has selected 6 startups and 12 innovators as winners to get incentives under the Telangana State Innovations for Rural Impact (TSIRI).

The incentives will help startups scale proof of concept to market-ready products, for product trials and pilot projects.

In July 2021, the state government made Telangana State Innovation Cell (TSIC) the nodal agency to extend TSIRI incentives to the startups with rural impact with an initial corpus fund of Rs 30 lakh.

TSIC received 136 applications fr0m across the state and after rigorous evaluation 18 winners were awarded the incentives.

The winners were announced at the T-Innovation Mahotsavam organised by the state government to mark World Creativity and Innovation Day.

It celebrated and showcased the state's inclusive ecosystem that has been contributing to Incredible and Innovative India.

The event recognised more such achievements and celebrated entrepreneurs, researchers, students, as well as ecosystem enablers that are making or made an impact in India’s innovation ecosystem.

Speaking at the event, Jayesh Ranjan, Secretary, Information Technology (IT), said “With our ecosystem enablers in place, we will continue to nurture a culture of innovation in the state and help our startups to discover, innovate and create products and solutions at a global scale.” (KNN Bureau)