Zone startups, an international startup accelerator and Ontario government’s Next BIG Idea contest has partnered Google, HDFC Bank and TCS for the event this year.
Established in February 2014, Zone startups India is based in Mumbai. It was set up as a joint venture between the Toronto-based Ryerson Futures Inc and BSE institute. They have announced their fourth edition of their annual “Next Big Idea Contest”. They have done this in collaboration with Ontario’s government. This time, they have managed to rope in big names like Google, HDFC Bank and TCS for the contest.
The director of Zone startups feels Corporate companies have a big role to play in our startup ecosystem. They need to assist these startups in their early stages and help them grow. HDFC bank and TCS both look at this contest as a platform for mutual growth. TCS is interested in the ideas of these young entrepreneurs and wants to engage them through their co-innovation platform. Similarly, HDFC bank is looking forward to reaching out to startups for its SmartUP platform and also this is their way of making their way into the startup community with a small step.
They will select 5 tech startups which show potential and zest and will help them by giving them an opportunity to enter into the North American Market with the help of their technology business incubator DMZ. The competition is going to be held in 11 cities across India to shortlist startups. They have already received more than 700 registrations!
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