Union Ministry for Electronics and Information Technology has launched “Chunauti”- Next Generation Start-up Challenge Contest.
It aims to further boost start-ups and software products with special focus on Tier-II towns in the country.
The contest will identify around three hundred start-ups working in specified areas and providing them seed funds of up to 25 lakh rupees and other facilities.
The areas identified potential under the scheme are
Edu Tech,
Agri Tech
Fintech solutions for masses,
Supply Chain and Logistic management,
Infrastructure,
Medical Healthcare as well as jobs and skilling.
The government has allocated a budget of over 95 crore rupees over a period of three years for this programme.
