Winning ideas to be considered for seed funding
Toshiba Software India Private Limited (hereinafter “TSIP”), a Toshiba Group company specializing in the innovative software solutions, in collaboration with Beyond Next Ventures India Private Limited (BNVI), a wholly owned subsidiary of the Japanese venture capital firm Beyond Next Ventures Inc., today launched Ideathon – a 12-week innovation programme to spur the entrepreneurial skill development for TSIP employees and engineer innovative solutions that can solve business and social problems of India.
In line with the government’s “Make in India for the World” vision and furthering India-
Japan economic cooperation, Ideathon is the right step in promoting entrepreneurial zeal among young Indians to inspire innovative ideas, and this model can become a benchmark for established Japanese companies in India to advance the next phase of growth in the Indian market.
Under the programme, any number of teams from TSIP can enroll to participate in the Ideathon. After a rigorous process of selection, 5 shortlisted teams will undergo a rigorous workshop with BNV to mentor them and help fine-tune & brush-up their ideas to prepare them for the final pitch. The shortlisted teams will then make the final pitch to the core committee in August 2022, who will select three winners and felicitate them with reward money.
Basis the impact potential and commercial viability, the winning idea will also be considered for seed capital and further refinement of the idea for deployment along with experienced Business Development teams both in India and Japan who will bring decades of experience in working with Japanese enterprises and other significant players in the ecosystem, bringing much required complementary strengths.
June, 2022 - India
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