Software Technology Parks of India (STPI) under Ministry of Electronics and Information Technology (MeitY), Government of India is implementing “CHUNAUTI 3.0 under Next Generation Incubation Scheme (NGIS). The NGIS scheme has been formulated and conceptualized to boost the local start up ecosystem working in 12 tier-II/tier-III locations across India and Jaipur has been selected as one the location.
To boost the localized innovations from Tier II & III cities, through CHUNAUTI 3.0, STPI is looking to identify and support promising startup working towards digital transformation & accessible products/solutions enabling equitable & inclusive growth. CHUNAUTI 3.0 was launched on 10th February 2022
Software Technology Parks of India (STPI) Jaipur organized an outreach program on Monday, 21st of February, 2022, for Next generation Incubation Scheme (NGIS), CHUNAUTI 3.0, start-up challenge focussing startup working towards digital transformation & accessible products/solutions enabling equitable & inclusive growth. In the outreach program Prof. Vinay Sharma, Dean Research and Director, Amity Institute of Biotechnology Amity University, Rajasthan, Jaipur, Sh. Avadhesh Kumar, Additional Director & Officer In-Charge STPI Jaipur, Sh. Tarun Taunk, Director (Informatic Computech Private Limited), CEO (IT Voice Media Private Limited), Chief Editor (IT Voice) shared their thought and highlighted the advantage of the scheme for the benefit of the participants.
Prof. Vinay Sharma, Dean Research and Director, Amity Institute of Biotechnology Amity University, Rajasthan, Jaipur emphasized students to participate in the scheme as it covers all the key focus areas.
Sh. Tarun Taunk, Director (Informatic Computech Private Limited), CEO (IT Voice Media Private Limited), Chief Editor (IT Voice) motivated students to come forward with their ideas and take the benefit of the scheme.
Shri Avadhesh Kumar, Additional Director & Officer-In-Charge, STPI Jaipur highlighted the benefits of NGIS & CHUNAUTI 3.0 scheme for the participants as how to apply and what are the advantage for them.
Financial Incentives/Funding Support is available under the scheme. A seed funding of upto Rs. 25.00 Lakhs will be provided through Financial Institution to each beneficiary/supported start-ups selected through CHUNAUTI under NGIS based on innovative idea, novel solutions, strong team & sound business proposal.
Start-ups who are in ideation stage may be selected under pre-incubation programme & mentored for upto six months to evolve their business plan & solution around the proposed idea. Each intern (start-up under pre-incubation) will be paid Rs. 10,000/- per month for a period of upto 6 months.