IIM Udaipur introduces start-up grants for ideas on Climate Change

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New Delhi: The Indian Institute of Management (IIM Udaipur) has announced start-up grants for ideas on climate change. The grant focuses on supporting early-stage climate tech ventures that help to reduce GHG emissions which is the cause of global warming

“The grant focuses on supporting early-stage climate tech ventures whose products or services are explicitly focused on reducing GHG emissions or addressing the impacts of global warming,” IIM Udaipur release mentioned.

The institute announced start-up grants in association with Meity Startup Hub, Meity, Gov. of India, and Transworld Group, the corporate partner. 

“The participating startups will receive the opportunity to brainstorm and validate solutions with corporate partner Transworld Group,” it mentioned. 

The candidates interested for the start-up can apply on the official website of IIM Udaipur on iimuic.org. the last date to apply for the start-up grants is February 10. 

Kannan Soundararajan, CEO, Incubation Centre, IIM Udaipur said, “We want to provide you and your startup with state-of-the-art mentoring and online training, as well as access to financial support and networking opportunities. The bottom line is success, both for you and your start-up and for the environment with tangible climate solutions.”

“We are looking for people who are motivated and passionate about fighting climate change. If you have an innovative idea, this is your chance to put it into fruition. If you’re an existing start-up and in need of financial aid and/or guidance on growing your business, this is the programme for you. Rs 4 Lakhs will be offered for Prototype validation and development grant to up to 2 Entrepreneurs-in-Residence and INR 7 Lakhs will be bestowed for Product development and pilot run to up to 2 startups,” he added.

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Candidates can check the official website of IIM Udaipur for more information.

first published:Jan. 18, 2022, 11:39 a.m.

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