Early Times Report
Jammu, Oct 30: The Jammu round of ASSOCHAM Launchpad - Startup Elevator Pitch Series, an initiative and platform for budding entrepreneurs concluded today.
Of over 80 applications received by ASSOCHAM from across J&K, 25 were shortlisted and they got a chance to meet world class mentors, investors, companies having decades of industry experience to help them give a better shape to their business idea and pitch for funding & technology partners to generate business opportunities.
All the applications received have been evaluated on the basis of certain parameters including - innovation, problem solving, social impact, team qualification, experience, business scalability, profitability and others. Budding startups from different sectors have been invited for pitching.
The participants are mostly from the category of early stage startups i.e. between 0-2 years of operations and established startups between 3-5 years of operations. The top three winners from J&K will now be invited for grand finale in February 2020 in Delhi.
Besides, they will also get an opportunity to scale up and raise finance and/or technology or even marketing partnership with venture capitalists, mentors or independent professionals of global repute.
As part of the Elevator Pitch all shortlisted entrepreneurs and founders were given 300 seconds to explain the concept and idea of a service or product to set of jury members which included eminent names - Mr Anil Khaitan, chairman, ASSOCHAM Startup Council; Ms Tripti Somani, co-chair; Rachana Bhusari, VP-SME, National Stock Exchange of India Ltd. and Manik Batra, director, Batra Group. |
