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MNRE Startup Grand Challenge

India’s strategy on renewable energy is driven by the objectives of energy security, energy access and reducing the carbon footprints of the national energy systems. Renewables have created new opportunities. An altogether new business space has been created. The extant opportunities seek to explore larger contribution of renewables in the areas of livelihood, water, health and innovations in products, services and business models. Ministry of New and Renewable Energy (MNRE) provides a unique opportunity for startups and innovators to solve some key challenges which are being faced by in the Renewable energy sector in India. The MNRE has identified key problem statements which range from innovative use of renewable energy for enhancing quality of life to energy solutions for regions with difficult terrain.

Invest India is the strategic partner to this program. Top three solutions across problem statement will be shortlisted under the program for a cash grant.

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Specifications

Program website

https://www.startupindia.gov.in/content/sih/en/ams-application/challenge.html?applicationId=5d4d45f0e4b0d334677ebd62

Type

Award/Competition

Geographical Scope

India

Type of Cap Building

Business Development

Funding / Investment / CapBuild type

Cash prize for top 3 winners:

1st – Rs.10,00,000
2nd – Rs.7,00,000
3rd – Rs.5,00,000
 
Other incentives:
  • Selected applicants shall be provided the opportunity to exhibit their prototype during RE-INVEST 2019
  • MNRE will facilitate need based incubation support

Contact information

Last update

Date

01-09-2019

Status

Not Accepting Applications

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