Ministry of Housing & Urban Affairs (MoHUA), in partnership with Department of Promotion of Industry and Internal Trade (DPIIT) and Agence Française de Développement (AFD) on January 27 launched the Swachhata Start-Up Challenge.
- It aims to provide an impetus to innovative start-ups to come forward and drive catalytic transformation in the sanitation and waste management sector.
- Today, the start-up space is evolving rapidly with India leading the world with over 70 unicorns (crossing the valuation of USD 1 billion).
- The Challenge, which is open to start-ups registered in India and French actors collaborating with an Indian start-up (as a joint venture), invites solutions across four thematic areas viz. (i) social inclusion, (ii) zero dump (solid waste management), (iii)plastic waste management and(iv)transparency through digital enablement.
- The Challenge provides a prominent platform to participating enterprises to showcase their innovative products and services along with significant monetary and mentorship incentive –top 10 awardees stand to receive ₹25 lakhs along with one year of dedicated incubation support from French Tech, the French government’s initiative to promote start-ups.
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