Ideas for New India A National Challenge for Business Ideas - PowerPoint PPT Presentation

Ideas for New India A National Challenge for Business Ideas

Technical Partner

Process Flow 1 2 3 Application Incubator Nodal Partner (30 th Jan- 20 th Feb ’20) Screening Screening Winners Reward – Seed money 4 National Jury Evaluation

2 Incubator screening Guidelines to incubators for selection of ideas Each incubator to shortlist only meritorious ideas • 3 to 5 experts GIZ in consultation • Applications Rejection of an from different area with MoMSME will idea should be above certain of expertise share the accompanied by score value to be • e.g. 1 evaluation criteria a 1 or 2 line forwarded to Entrepreneur, 1 explanation. nodal partner Technical Expert, • GIZ & MoMSDE 1 Financial Expert, 1 Sector to communicate Expert, etc. the score value

3 Nodal Partner Screening 5 Incubators (1 in each region) to be the Nodal Partners NORTH EAST & EAST NORTH • J&K; Ladakh ⚫ North East states • HP ⚫ Bihar • Haryana ⚫ Odisha • Punjab ⚫ West Bengal • Rajasthan ⚫ Jharkhand ⚫ Andaman & Nicobar NORTH CENTRAL Islands ⚫ North East state ⚫ UP SOUTH ⚫ Uttarakhand • Karnataka ⚫ MP • TN ⚫ Chhattisgarh • Telangana • Kerala • AP WEST • Lakshadweep, Puducherry • Gujarat • Maharashtra • Goa • Daman, DIU, Dadra Nagar Haveli

3 Nodal Partner Screening Guidelines for Nodal Partners Each nodal partner to shortlist only meritorious ideas Each Nodal Partner Nodal partner to Rejection of an to send shortlisted follow the idea should be applications for the shortlisting process accompanied by National Jury & scoring format a 1 or 2 line Evaluation provided by explanation. MoMSME and GIZ

4 National Jury Selection Guidelines for the National Jury • National Jury of eminent Rejection of an idea persons including should be entrepreneurs, financial, accompanied by a 1 technical and sectors or 2 line explanation. experts • Select the winners from the shortlisted applications

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