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Pitch ideas to win seed fund, incubation support from Kerala govt

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Do you have an innovative business idea? If you think your business idea has the potential to make it big in the market, Kerala government has come out with a platform for you to pitch it before an expert team for winning seed fund and get necessary support for incubation.

The industries department has come out with a “Dreamvester Competition” offering an opportunity for innovative entrepreneurs to present their ideas and win prizes. The competition is being conducted as part of the Entrepreneurship Development Project implemented in the context of Entrepreneurship year.

“This is a golden opportunity for those with innovative business ideas to pitch it before the government. Apart from financial assistance, the winners will be given full incubation support,” said the officials of industries department.

As per the details announced by the government, the ideas should be submitted on before December 23, 2022. The first prize carries Rs five lakh, the second and third prizes carry Rs three lakh and Rs two lakh respectively. The winners in the fourth to tenth places will also get Rs one lakh each. Contestants from 11th to 20th places will be awarded Rs 25,000 each.

The winning concepts will be also offered government support such as access to incubation space in government-owned business incubation centres, mentoring, and access to seed capital and market linkages.

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