Online applications are invited for the Bihar Innovation Challenge 2023. The last date to apply for the challenge is August 30, 2023.

About StartUp Bihar

Startup Bihar, since its inception in 2016 has fostered startup and innovation ecosystem in Bihar. This movement was further accelerated with Bihar Startup Policy – 2022 which is making the ecosystem more inclusive, holistic and beneficial for all stakeholders. Department of Industries is the nodal department for the startup ecosystem in Bihar.

Vision

To make Bihar emerge as the most preferred destination for innovators, startups and other stakeholders by leveraging the potential of local youth through a conducive startup ecosystem for inclusive growth in the state.

About Bihar Innovation Challenge 2023

Bihar Innovation Challenge – 2023 is an all-India innovation challenge being conducted by Startup Bihar, Department of Industries, Government of Bihar. This event aims to foster innovation at all levels and the commercialization of these innovations through successful ventures.

BIC 2023 Details

BIC-2023 invites applications from students, innovators, startups, research scholars, etc. from all over India who are developing innovative solutions using cutting-edge technology and can exhibit a proof-of-concept/prototype ready in the following areas:

  • Robotics and Drones
  • Agri-tech and allied sectors
  • Med-tech/Biotech/Health-tech
  • Heritage, culture, and tourism
  • Clean and Green Environment
  • Fintech
  • Edu-tech

Categories

Participants are categorized into three categories:

  • Category A – School students
  • Category B – College Students
  • Category C – Startups/Research Scholars

Shortlisted applicants are required to prepare a working prototype/model, and demonstrate and pitch its business prospects to the Jury members during the Grand Finale.

Winners and runner-ups will receive gifts/cash prizes worth lakhs and further funding opportunities under the Bihar Startup Policy. They will also receive handhold & mentorship support from the premier institutes of Bihar.

Event Flow [Timing]

Day 1: October 5, 2023 (Venue : Gyan Bhawan)

TimeProgram
8:30 am – 10:00 amRegistration and setup of Stalls for exhibition
10:00 am – 10:30 amInauguration Ceremony
10:30 am – 11:00 amTea Break and walk-through by dignitaries on startup street
11:00 am – 1:30 pmPitching sessions 1
1:30 pm – 2:00 pmLunch and networking
2:00 pm – 6:00 pmPitching sessions 2

Day 2: October 6, 2023 (Venue : Gyan Bhawan)

TimeProgram
9:00 am – 10:00 amRegistration of Audience
10:00 am – 11:00 amKeynote session by a renowned Startup founder
11:00 am – 12:00 noonFireside chat session
12:00 noon – 1:30 pmValedictory session and Award distribution
1:30 pmLunch and Networking

Prizes

Category A: School Students

  • First Prize – Laptop
  • Second Prize – Tablets
  • Third Prize – Smart Watches

Category B: Collge Students

  • First Prize – INR 1 Lakhs
  • Second Prize – INR 75 Thousands
  • Third Prize – INR 50 thousand

Category C: Startups/Research Scholars

  • First Prize – INR 3 Lakhs
  • Second Prize – INR 2 lakhs
  • Third Prize – INR 1 Lakh

Important Dates

  • Advertisement and call of applications – 21st July 2023
  • Last date for Registration and Presentation submission – 30th August 2023
  • Shortlisting of Finalists (Top 25 from each category) – 7th September 2023
  • Submission of videos of the working model and final pitch deck – 20th Sep 2023
  • Grand Finale – The demo day – 5th Oct, 2023
  • Prize distribution and Valedictory – 6th Oct 2023

How to Register?

Interested candidates can directly register through this link.

Contact Details

For more information contact –
Sudarshan Chakravarty – 6287797918/ CA Megha Bhadani – 6287797917 or mail us at startup-bihar[at]gov[dot]in

Click here to view the official notification of the Bihar Innovation Challenge 2023.

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