IIM Calcutta Innovation Park in association with Department of Science and Technology, Government of India launches Smart Fifty - 50 solutions to Transform India!

If you have an idea that is Sustainable, Motivating, Affordable, Responsible and Transformational, participate in India's biggest Hunt for Smart Startups.

50 smart solutions will get funded!

IIM Calcutta Innovation Park in association with Department of Science and Technology, Government of India launches Smart Fifty - 50 solutions to Transform India!

If you have an idea that is Sustainable, Motivating, Affordable, Responsible and Transformational, participate in India's biggest Hunt for Smart Startups.

50 smart solutions will get funded!

IIM Calcutta Innovation Park in association with Department of Science and Technology, Government of India launches Smart Fifty - 50 solutions to Transform India!

If you have an idea that is Sustainable, Motivating, Affordable, Responsible and Transformational, participate in India's biggest Hunt for Smart Startups.

50 smart solutions will get funded!

IIM Calcutta Innovation Park in association with Department of Science and Technology, Government of India launches Smart Fifty - 50 solutions to Transform India!

If you have an idea that is Sustainable, Motivating, Affordable, Responsible and Transformational, participate in India's biggest Hunt for Smart Startups.

50 smart solutions will get funded!

Rewards

  • Top 10 Start Ups can get funding up to Rs. 1 Crore each and assured Incubation at IIM Calcutta Innovation Park
  • Top 50 Start Ups get assured funding of Rs. 4 Lakh each and get access to dedicated mentoring
  • Top 400 Start Ups to get assured benefit worth Rs. 1 lakh each
  • 3000 Start Ups win assured benefits worth Rs. 50,000 each
  • Top 50 finalists to feature on NDTV 24X7 Smart Fifty series
  • Total reward - 21 Crore (cash+benefit)

Focus areas

Smart Learning

Infrastructure & Delivery, Skilling & Re skilling

Smart Agriculture

Tech Enabled Farming, Supply Chain, Food Processing

Smart Money

Payment system, Financial Inclusion, Block Chain, Bigdata

Smart Sustainability

Clean Tech, Water Conservation, Waste Management, Clean Energy, Pollution Management

Smart Living

Security, Mobility, City, Village, Home, Governance, Retail

Smart Health

Devices, Home Care, Rural Care

Timeline

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Sep 20, 2017

Launch

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March 25, 2018

Grand Finale

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Apply

WHO IS ELIGIBLE TO APPLY?

  • The contest is open to aspiring (about to set up) or early stage (set up within last 5 years) Startups working on solutions that addresses the socio-economic needs of India.
  • Preference will be given to those with a full-time core team and a working model or prototype or proof of concept ready for customer validation.

WHAT'S ON OFFER?

  • Top 10 entrepreneurs to pitch for Rs. 10 Cr. funding.
  • Top 50 entrepreneurs to get seed grant of Rs. 4 lakhs each.
  • Top 400 to get startup kit, seamless access to professional Mentorship, Funding, and Incubation opportunities.
  • Top 3,000 get mass mentoring and knowledge session.
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FAQs

A solution addressing a big socio-economic need and having a sustainable revenue model. The typical characteristics of a smart idea are:
Sustainable, Motivational, Affordable, Responsible and Transformational.

  • Entrepreneurs who have an early stage venture (set up not earlier than 1st September 2012) or have a promising idea with a plan and prototype / working model. 
  • The applicant must have the principal business unit (for existing businesses) or proposes to set up principal business unit (for those who have not yet started operations) in India.
  • The business plan or the early stage venture should not be an extension of the applicant’s family business or backward / forward integration with any existing business.
  • The venture or the plan should have a determinable revenue model.
  • There is no restriction on the age or background of applicants.
  • The applicant should be able to verbally communicate in Hindi/ English.
  • The Application in the prescribed format should be submitted in English.
  • The plan / venture should not belong to following industries- alcohol, tobacco, gambling, firearms and explosives.

One needs to first visit the website (www.smartfifty.com) (“Website”) for registering in the Program. The registration and application submission period will remain open from • Sep 25 - Dec 7, 2017 (both days inclusive). Next, click on the “Now Register” section for registration. Once the registration is successfully completed, a registration number will be generated and sent (via email /SMS) to the registered applicants. One needs to then verify the email account by following necessary instructions mentioned in the email. After registration is verified, one may visit the “Application Section” by logging in to the website and fill up the Application form online. The Application form can be saved (click “Save as draft”) and viewed (click “Login”) any number of times before final submission. Once the application is ready for final submission, the Applicant has to click “Submit”. No changes will be permitted after the Application has been submitted. Applicant will get a confirmation of the submission through email and / or a text message. Applicants must quote the Registration Number for all future correspondence.

The shortlisted applicants will be communicated both via Email and SMS confirming their selection to the subsequent stages. All such communication will be sent to Applicants’ registered Email Id and Mobile number.

The IIM Calcutta Innovation Park (IIMCIP) is a not for profit (Section 8) company established under the aegis of IIM Calcutta to promote Entrepreneurship and Innovation. The mission of IIMCIP is aligned to the mission of the institute to “develop innovative and ethical future leaders capable of managing change and transformation in a globally competitive environment and to advance the theory and practice of management”.

The broad objectives of IIMCIP are:

  • To promote entrepreneurship and create a nurturing ecology where fledgling enterprises with innovative ideas and solutions can flourish.
  • To promote Innovation in research and business through industry-academia partnership.

Please visit the website: http://www.iimcip.org/ to know more about IIMCIP.

A proof of concept (POC) is a real life implementation /execution of a certain method or idea to demonstrate its feasibility, or a demonstration in principle, whose purpose is to verify that some concept or theory has the potential of being used.

Partners

Banking Partner

Banking Partner

Ecosystem Partner

Ecosystem Partner

Audit Partner

Audit Partner

Legal Partner

Legal Partner

Regional Partner

Regional  Partner

Broadcast Partner

Broadcast Partner

International Partner

International Partner

International Partner

International Partner

International Partner

International Partner

International Partner

International Partner

Reward Partner

Reward Partner

Reward Partner

Reward Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Investment Partner

Incubator Partner

Incubator Partner

Incubator Partner

Incubator Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Ecosystem Partner

Outreach Partner

Outreach  Partner

Media

Launch of Smart Fifty on NDTV

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Smart Fifty Jingle

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Launch of Smart Fifty at Boston

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Smart Fifty Regional Round - Bengaluru

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Smart Fifty Regional Round - Kolkata

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Launch of Smart Fifty at Boston, USA in association with Brandeis University.
Presented by TiE Boston.

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Discussion on SmartFifty in Boston, hosted by Brandeis University.

Launch of Smart Fifty at Delhi.

News Coverage of Smart Fifty

To encourage finding innovative solutions to the various socio-economic challenges the Indian economy is facing as it grows larger, the Indian Institute of Management - Calcutta (IIM-C) presented an innovation hunt project to identify and fund 50 cutting-edge start-up projects that will target the socio-economic transformation of the country....Read More

The Indian Institute of Management, Calcutta Innovation Park (IIMCIP) has aligned with the government's Startup India initiative to launch 'Smart Fifty -50 Solutions To Transform India.' Businesses from Singapore and north America will also be looped in for the initiative....Read More

Aligning with Government of India’s “Startup India” initiative and with the objective to promote socio-economic development driven by innovation and entrepreneurship.....Read More

Aligning with Government of India’s “Startup India” initiative and with the objective to promote socio-economic development driven by innovation and entrepreneurship,....Read More

IIM?Calcutta Innovation Park’s Smart Fifty - 50 Solutions to Transform India has been planned with the government’s Department of Science and Technology (DST)....Read More

Aligning with Government of India’s "Startup India" initiative and with the objective to promote socio-economic development driven by innovation and entrepreneurship, Indian Institute of Management Calcutta Innovation Park....Read More

Indian Institute of Management Calcutta Innovation Park (IIMCIP) has announced today its major international initiative “Smart Fifty – 50 Solutions to Transform India” in association with the Department of Science & Technology (DST), Government of India.....Read More

‘Smart Fifty - 50 Solutions to Transform India’, an initiative introduced to drive innovation and entrepreneurship by the Indian Institute of Management Calcutta Innovation Park (IIMCIP) was launched today in the capital.....Read More

Smart Fifty is a major initiative to identify, recognize and reward aspiring and early-stage entrepreneurs and innovators aiming to create large scale positive change in India....Read More

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Top 3000 participants for start up kit and certificate. Please click here.      |     Top 400 participants for certificate. Please click here.