India: Initiative Seeks Most Innovative Assistive Tech Scouting Start Ups
Asia-Pacific, Assistive Technology, Misc., August 30 2021
In search for India’s most innovative assistive technology start-ups, Prosus the global consumer internet group of Naspers on Monday launched the second edition of its Social Impact Challenge for Accessibility in partnership with Invest India, Social Alpha and the World Health Organisation.
Eligible startups can submit their applications from now until October 19.
The initiative invites Indian start-ups with the most promising solutions in the assistive technology space to compete for an annual grant and access to the Prosus SICA mentorship programme.
Prosus has committed ₹16,500,000 to the initiative over three years, and each year awards grants to three successful start-ups. Partners including Invest India and Social Alpha provide additional mentoring and financing opportunities, while WHO supports the programme with technical assistance.
The top winner of the challenge will be provided with a grant of ₹25 lakh, followed by an ₹18 lakh grant to the second prize winner and the third prize will include a grant of ₹12 lakh.
In addition to the grant award, eligible start-ups receive an opportunity to work with Social Alpha, an incubator that promotes innovation and entrepreneurship [...]