KSUM launches a call for applications for the Women Startup Summit 3.0 | Economic news
Kochi: Seeking to encourage inclusion in the startup ecosystem by accelerating and empowering women with opportunities for development and global collaboration, the Kerala Startup Mission (KSUM) is hosting a Women Startup Summit 3.0 next month.
KSUM aims to inspire women in entrepreneurship by facilitating their participation in three sections – Innovation Challenge, Investor Caf and Hackathon.
The winners of the Innovation Challenge at the December 15-16 summit will receive a grant of Rs five lakh, KSUM said in a statement.
“Applicants must be Indian startups with one or more women as primary shareholders. In addition, they must have designed a workable product model. Startups must be registered with DPIIT and must carry the unique identifier of KSUM,” a declared the KSUM.
Applications for the Innovation Challenge of December 15 can be submitted until November 30 at https://bit.ly/WomenInnovationGrant
âIn addition to the Rs 5 lakh grant, winning entrepreneurs will be eligible for soft loans of up to Rs 15 lakh (with an interest rate of six percent), in addition to seed funds. The Investor Caf will promote investment in existing startups. This will offer entrepreneurs the opportunity to interact directly with investors in order to further strengthen their business, âthe statement said.
As for the Hackathon, which will be a hybrid event with online and offline sessions, winning women entrepreneurs will be eligible for a three-month pre-incubation at KSUM or an internship at Ernst & Young, he said.
Women Startup Summit 3.0 aims to bring together women leaders and entrepreneurs from various fields on a common platform to share experiences, aspirations and successes.
With Rise To Equal Post-Pandemic Era ‘as the central theme, the Summit will feature influential women from the ecosystem.
âOrganized with the aim of raising awareness of business innovations, the two-day summit aims to encourage inclusion in the ecosystem by accelerating and empowering women with opportunities for development and global collaboration,â he said. .
KSUM is the Government of Kerala’s nodal agency for entrepreneurship development and incubation activities in the state.