75 Start-Ups To Receive Financial Assistance from Government
NDTV
The 75 start-ups were selected from a host of programmes like the National Innovation Contest, Smart India Hackathon, and Toycathon
Celebrating the ‘National Start-up Day’ on Sunday (January 16), the All India Council for Technical Education (AICTE) and the Ministry of Education’s Innovation Cell (MIC) highlighted 75 innovative technologies with start-up potential to receive grants assistance, mentorship, and incubation linkage support.
These innovations were part of the e-exhibition held during the Innovation Week that started on January 10. "During the Innovation Week, more than 500 innovations and startups showcased their work virtually. The Innovation Week concluded today with an announcement of marking the day as ‘National Start-up Day’ by PM Narendra Modi," the release mentioned.
The 75 start-ups were selected from a host of programmes like the National Innovation Contest, Smart India Hackathon, and Toycathon. Among the start-ups, ‘BioMANS’ (Bio-Based Biodegradable Advance Material) produces a wide range of utility products for daily use like carry bags, medical bibs, cotton earbuds, disposable cutlery, etc. from agricultural waste. The start-up is working to curb single-use plastic pollution.
Another start-up named “Fenice Technical Solutions” incubated at Dr. MGR Educational and Research Institute offers solution in Robotics and Drones segment. Their innovative product ‘Clog Removing Autonomous Bot’ (CRAB) is to clear blocks and clogs in underground sewer and metro pipelines.
