Six Indian tech startups has won the fourth edition of the Next Big Idea Contest — a joint initiative of Zone Startups India, Government of Ontario, Canada and Ryerson University, Toronto.
Each selected startups win an all expenses paid trip to Toronto and a two-week market incubation at Ryerson University. The startups will also get special recognition at the Canadian Innovation Exchange and/or other startup forums in Toronto.
The winners are:
Conceptualized in 2013, Next BIG Idea Contest was launched with the objective of identifying promising tech startups from India, and showcasing them in Toronto. In 2016, Next BIG Idea Contest is back, bigger than the last year. The contest is being launched across 12 cities, with 11 city-based accelerator partners. 5 Winners get to travel to Toronto for 2 weeks, for soft-landing and market entry at the Digital Media Zone – Canada’s #1 startup accelerator. Past winners, who have gone on to make a significant progress include – CitrusPay, AdSparx, ShieldSquare, Konotor, Vidooly, FLipTech, Plackal, Surveylytics.
Using the The Digital Media Zone (DMZ) — at Ryerson University in downtown Toronto — as a landing pad, the thw winning entrepreneurs will receive mentorship, business development advice, access to investors, industry connect and valuable international experience.
Satish Kashyap of Mumbai-based AlgoEngines, one of the winners of NBI 2016 said, “The DMZ is a great platform for entrepreneurs like us to learn and shape our marketing and business acumen. We are very lucky to receive global exposure, from technical expertise to mentorship, all at one place. I am very sure that this experience will catapult us to great heights and help us expand across the North American market”
On this occassion, Michael Chan who is minister of international trade, Canada said, “Congratulations to the winners of this year’s Next Big Idea Contest. These winners will be part of an innovative ecosystem comprising advisors, influencers, successful entrepreneurs and investors dedicated to helping winners take their company to the next level. Ontario is proud to drive disruptive innovation to bring breakthrough concepts and technologies to life,”
[Top Image – Shutterstock]
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