IIT Kanpur, Engineers India Limited Launch ‘Hackathon EngSUI Startup Innovation Quest’ For Aspiring Entrepreneurs

The Indian Institute of Technology (IIT) Kanpur and Engineers India Limited (EIL) have introduced a startup program named “Hackathon EngSUI Startup Innovation Quest” for aspiring entrepreneurs. Commencing on September 11, 2023, and accepting applications until September 15, 2023, the initiative offers aspiring entrepreneurs an unparalleled chance to bring their innovative concepts to life and nurture them into prosperous enterprises.

The EIL Hackathon Program has three distinctive funding categories, which include “Innovation Challenge” (up to Rs. 20 Lakh), “Seed Fund” (up to Rs.1 Cr), and “Direct Equity Fund” (up to Rs. 5 crores).

These funding opportunities are designed to empower entrepreneurs from different professional backgrounds, offering essential financial support to transform their innovative ideas into successful startup ventures, a statement from IIT Kanpur said.

The “Hackathon EngSUI Startup Innovation Quest” program is designed to empower visionary minds and support aspiring entrepreneurs. It addresses the common challenge of securing funding for startups.

IIT Kanpur and EIL, dedicated to nurturing innovation and assisting entrepreneurs in a world filled with an abundance of ideas, aim to foster entrepreneurship and innovation, both nationally and globally, through this initiative. For more details, visit https://linktr.ee/EngSUI