Prepare for the weekend with TICE Weekend roundup of the top 7 stories for Startup entrepreneurs and students of the new age economy. Stay up-to-date and enlightened with the latest news and insights from the week. Begin your enticing Sunday on the right foot with some excellent reads below!
Prime Minister Narendra Modi has called on innovators to apply for the National StartUp Awards 2023. Earlier, Union Commerce & Industry Minister Piyush Goyal too has invited innovators to participate for the award. What did PM Modi say to Startups? Read full story to know!
DroneAcharya Aerial Innovations, a Pune-headquartered integrated drone ecosystem start-up listed on the BSE SME platform, has announced the successful conclusion of the pilot stage in drone manufacturing. The company plans to commence commercial production, assembly and export of Drones and associated products from June 2023 in its Pune unit, in partnership with GridBots Technologies, a Make in India company, working in the field of nuclear, space and industrial robotics and developing systems which are smart - efficient and robust.
Micro, small and medium enterprises (MSMEs) form the backbone of Tamil Nadu's economy, with the state housing the third-highest number of MSMEs in India. Startups, especially those in the manufacturing sector, make up a significant portion of Tamil Nadu's startup ecosystem. To support these startups, the Tamil Nadu government announced a series of infrastructure support and incentives on Thursday.
FMCG major Godrej Consumer Products Ltd (GCPL) will be investing Rs 100 crore in early-stage consumer startups. The investment will be to anchor Early Spring, a new Rs 300 crore early-stage consumer fund being set up by Spring Marketing Capital (Spring). This means that a significant portion of the funds will be provided for Early Spring and will likely play a key role in selecting and supporting the consumer startups that receive investments from the fund. The focus of the fund will be on early-stage startups that are developing innovative consumer products and services in India.
Attention all Generative AI startups! Amazon has just announced its latest venture – a 10-week startup accelerator program to help boost your business to the next level! As one of the most promising startups in the field, you'll have access to top-notch mentors and industry experts, not to mention credits for Amazon Web Services (AWS). And the best part? Any startup can apply! All you need is a basic product as proof of concept and some customer interest. So mark your calendars for April 17, and get ready to take your startup to new heights with Amazon.
Indian Institute of Technology Madras Entrepreneurship Cell will host the eighth edition of its annual ‘Entrepreneurship Summit’ to promote innovation and entrepreneurship from 7th to 9th April 2023. After two years of holding the online summit, E-Summit 2023 will be happening in physical mode at the IIT Madras campus. The E-Summit 2023 is the first-ever student-run entrepreneurial festival in India to have received all ISO, G20, and UNESCO Certifications. This Summit will cater to over 800 start-ups in various sectors with participation from over 400 colleges across India.