Hyderabad-based National Institute of Rural Development and Panchayati Raj (NIRDPR) with its upcoming event — Rural Innovation and Startup Conclave (RISC) 2017 — aims to create networking opportunity with incubators, mentors and funding agencies. NIRDPR has received around 200 applications from startups and innovators and of them some 120 will get a chance to showcase their innovations. These startups will get a platform to pitch in front of investors and raise funding to scale up.
Nasscom’s 10,000 Startups Programme will collaborate with NIRDPR to extend its support.
NIRDPR launched RISC because of the fact that Indian startups are mostly IT based and cater to urban services, and innovation and technology diffusion for rural development is the need of the hour.
RISC2017, which is being held in its campus at Hyderabad on March 23 and 24, will feature RISC awards under six domain areas: agriculture and allied, green energy technologies, drinking water, health and sanitation, waste to wealth , sustainable housing and other livelihoods.
Dr W R Reddy, director general, NIRDPR, told Telangana Today, “We will provide cash prizes to these startups and will help them grow with needed support. Those who will not get funding support can still get mentorship and linkage with other stakeholders through NIRDPR. If they need technical support, we can connect them to IITs and T-Hub for IT support.”
“We have also got institutions that can give specific guidance to startups in food processing and agriculture. These companies can get incubation support,” he added.
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