QPrize Make in India


Ajit Kumar AJIT KUMARWISDOM IAS, New Delhi.

In support of the Make in India Week (13-18 FEBRUARY 2016), the Department of Industrial Policy & Promotion (DIPP) and Qualcomm Incorporated (NASDAQ: QCOM), through its venture investment arm, Qualcomm Ventures, on February 4, 2016 announced India’s largest start-up contest “QPrize Make in India” awarding US$ 350,000 (Rs. 2 Crore) in equity investment as prize money for the winning company. The goal of this contest is to catalyze Indian entrepreneurs and start up community to drive the entire value chain from innovation to manufacturing in India. 

Besides the Rs. 2 Crore prize money through equity investment, they will bring in immense experience and support to nurture the startups through their Qualcomm Ventures arm and Design in India initiatives targeted towards making India a hub for design and manufacturing.

Thursday, 04th Feb 2016, 08:16:42 PM

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