AP govt calls for applications from start-ups for Innovation awards
Updated: Sep 02, 2015 03:37:15pm
Vijayawada, Sept 2 (KNN) Andhra Pradesh government today invited applications from start-ups for AP Innovation Awards and has sought suo moto proposals for products/ solutions developed by MSMEs.
"If you are a start-up or an IT company that has an annual turnover below Rs 50 lakh, you are eligible to apply for AP Innovation Awards," an official release said.
"Government of Andhra Pradesh values innovative ideas and hence, wants to recognise innovative products/solutions that address societal problems. The start-ups and companies chosen for 'Innovation Awards' will win Rs one lakh per product," it said.
The categories under which start-ups can apply for the Awards are: a) Technologies: IoT, SMAC, Semiconductor (Chip/device/System) design, Green IT; b) Subjects: Education, Healthcare, Agriculture, Digital Literacy, Rural Development, Smart Cities, Logistics Management and Integrated Water Management.
The government also invited suo moto proposals for products/solutions development by MSMEs.
Any start-up or MSME/enthusiastic first-generation technocrats or entrepreneurs from Andhra Pradesh, with an annual turnover between Rs 50 lakh and Rs 25 crore, in Electronics and IT sectors can apply with suo moto proposal under this category, it further said.
The companies outside Andhra Pradesh can also apply under this scheme and will be evaluated by the evaluation committee. If their product/solution is selected and don’t have a presence in A.P, they shall open a development center in Andhra Pradesh. Assistance under this scheme will be provided only on opening of such development center in AP. (KNN Bureau)
"If you are a start-up or an IT company that has an annual turnover below Rs 50 lakh, you are eligible to apply for AP Innovation Awards," an official release said.
"Government of Andhra Pradesh values innovative ideas and hence, wants to recognise innovative products/solutions that address societal problems. The start-ups and companies chosen for 'Innovation Awards' will win Rs one lakh per product," it said.
The categories under which start-ups can apply for the Awards are: a) Technologies: IoT, SMAC, Semiconductor (Chip/device/System) design, Green IT; b) Subjects: Education, Healthcare, Agriculture, Digital Literacy, Rural Development, Smart Cities, Logistics Management and Integrated Water Management.
The government also invited suo moto proposals for products/solutions development by MSMEs.
Any start-up or MSME/enthusiastic first-generation technocrats or entrepreneurs from Andhra Pradesh, with an annual turnover between Rs 50 lakh and Rs 25 crore, in Electronics and IT sectors can apply with suo moto proposal under this category, it further said.
The companies outside Andhra Pradesh can also apply under this scheme and will be evaluated by the evaluation committee. If their product/solution is selected and don’t have a presence in A.P, they shall open a development center in Andhra Pradesh. Assistance under this scheme will be provided only on opening of such development center in AP. (KNN Bureau)
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