Sagarmala Start up Challenge

About Sagarmala Start up Challenge

About SAGARMALA:

Sagarmala has been working on skill development and applied research initiatives to improve skills, technology usage and practices in the Indian maritime sector. It has setup the National Technology Centre for Ports Waterways (NTCPWC) at IIT Madras, Centre of Excellence in Maritime and Shipbuilding (CEMS) at Vishakapatnam and Mumbai and Centre for Inland and Coastal Maritime Technologies (CICMT) at IIT Kharagpur. It is also working on optimally using unused building in major ports (JNPT, ChPT, NMPT, CoPT, VPT etc.) for skill development to meet skilled manpower requirement of the ports.

Sagarmala is now looking to leverage this background work to establish an innovation and entrepreneurship ecosystem for the maritime sector by launching an initiative called the “Sagarmala Startup and Innovation Initiative (S2I2)”. This will entail intensive collaboration of Ministry of Shipping’s institutions, academic institutions, private sector and convergence of different Ministry schemes (Startup India, etc.) to develop an ecosystem that brings in fresh ideas/approaches, energy and youth to address the challenges of the port and maritime sector.

Sagarmala Startup and Innovation Initiative (S2I2) will provide financial, institutional, infrastructure, mentorship and new market access to startups to create India as a Maritime Innovation Hub. We welcome you to be a part of this initiative to transform the port and maritime sector of our country !

Detailed Eligibility Criteria

1) Any startup is eligible to apply, DPIIT recognition is preferred but not mandatory

2) Entries will be received through Startup India portal. No email submissions will be accepted by Sagarmala. National Technology Centre for Ports Waterways and coasts(NTCPWC) at IIT Madras and Centre for Inland and Coastal Maritime Technology(CICMT) at IIT Kharagpur may accept direct entries for the Feb 29, 2020 offline presentation event at NTCPWC and March 7, 2020 event at CICMT.

3) The participating startups is required to demonstrate the PoC (Proof of Concept) of idea to CICMT at IIT Kharagpur / NTCPWC at IIT Madras.

4) Prizes will be given after consolidation of all offline/online events.

Themes for Challenges

• Data Analytics
• Artificial Intelligence
• Machine Learning
• Big Data
• Internet of Things
• Communication/Electronics/Mechanical Engineering

Awards & Incentives :

1. Fiscal Incentives : Cash Prize worth Rs Two Lakhs
2. Non- Fiscal Incentives :
a) Pilot opportunities
b) Inbubation at National Technology Centre for Ports Waterways and coasts(NTCPWC) at IIT Madras or Centre for Inland and Coastal Maritime Technology(CICMT) at IIT Kharagpur or Centre of Excellence in Maritime and Shipbuilding at Vizag and Mumbai or other relevant organizations associated with Sagarmala, Ministry of Shipping

The last date to apply is 30th March, 2020.

For detailed information about the Challenge visit here.

For more details please refer the Official Publisher : https://www.mygov.in/

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