NextGen Start-up Challenge Contest (India)

CHUNAUTI 9.0 is STPI's startup challenge contest seeking Indian startups in emerging technologies. It offers funding, incubation, and mentoring to drive software product innovation in India.

May 4, 2024 - 12:05
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NextGen Start-up Challenge Contest (India)

ABOUT

    • Next Generation Incubation Scheme (NGIS): A government program designed to boost India's position in the global software product market.
    • CHUNAUTI: A contest within NGIS to find and support startups focused on emerging technologies.

WHO CAN APPLY

    • Indian startups working on software product development.
    • DPIIT registered startups are preferred.
    • Individuals (academics, researchers, etc.) can apply but must form a private limited company if selected.

FOCUS AREAS

    • FinTech
    • Healthcare & Wellness
    • Education & Skill Enhancement
    • DeepTech
    • E-Commerce
    • Enterprise Software (SaaS)
    • Environment
    • E-governance Solutions
    • Tourism & Hospitality
    • Agriculture
    • Cyber Security
    • Assistive Technology for Persons with Disabilities
    • Other tech-related solutions

SELECTION PROCESS

    • Rigorous, multi-tier screening with domain experts
    • Designated committees make final decisions

OFFERINGS

    • Financial Incentives
        • Up to Rs. 25 Lakhs seed funding for selected startups
        • Pre-incubation stipend for ideation stage startups
        • Cloud credits
    • Physical Incentives
        • Plug-and-play office space
        • Software product security testing
        • Access to STPI Centers of Excellence
    • Soft Support
        • Mentoring
        • VC connections
        • Networking and market support
        • IPR/Patent assistance

TIMELINE (Subject to change)

    • May 1st, 2024: Submissions open
    • May 31st, 2024: Submissions close
    • June 21st, 2024: Evaluation and selection
    • June 24th, 2024: Results announced

STAKEHOLDERS & PARTNERS

    • Details about specific stakeholders and partners would likely be found on the program's website

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