Get All Access for $5/mo

Science & Tech Min Awards 60 Startups to Promote Innovation & Research The INSPIRE award is instituted by the Department of Science & Technology (DST) and these innovators will be extended complete incubation support for their entrepreneurship journey

By Soumya Duggal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

freepik

Union science and technology minister Dr Jitendra Singh today presented INSPIRE awards to 60 startups and financial support to 53,021 students.

The award is instituted by the Department of Science & Technology (DST) and these innovators will be extended complete incubation support for their entrepreneurship journey, said an official statement.

According to Singh said, during the year 2020-21, while the country, like the rest of the world, was battling with the severe impact of COVID-19, the annual INSPIRE Awards–MANAK (Million Minds Augmenting National Aspiration and Knowledge) competition attracted an unprecedented 6.53 lakh ideas and innovations from across the country.

"The scheme touched an unparalleled level of inclusivity by representing ideas and innovations of 702 districts of the country (96 per cent) including 123 out of 124 aspirational districts, 51 per cent representation from girls, 84 per cent participation from schools located in rural areas of the country and 71 per cent of the schools run by the state/UT governments," said Singh.

He stated that out of 6.53 lakh students, a total of 53,021 individuals were identified for financial support of INR 10,000 each so that they could develop prototypes of the ideas which they submitted for the scheme. As a next step, they competed at respective District Level Exhibition and Project Competition (DLEPC's) and State Level Exhibition and Project Competition (SLEPC's) and now a total of 556 students have made their way to 9th National Level Exhibition and Project Competition (NLEPC).

"These 556 students, who will be part of NLEPC, are the country's most promising scientists, researchers, scholars and an overall group of S&T talent in the making, said Singh, adding, "Their innovations have a societal focus which gives India an opportunity to solve the problems by application of S&T."

The minister stated that dedicated mentoring workshops were being organized at the top technological institutes of our country such as the IIT's, BITS, and NIT's for these students, which would not only raise their exposure level to the latest trends in Science, Technology and Innovation (STI) but also coach them to make the right decisions for their innovative technologies and gain an insight into what would help their innovation most.

The awards, jointly implemented by the Department of Science and Technology (DST), Government of India and the National Innovation Foundation (NIF), are part of a flagship scheme of the Indian government for nurturing the ideas and innovations of school students and motivating them to pursue careers in scientific application and research. The scheme aims to help build a critical human resource pool for strengthening the science and technology system and increasing the research and development base of the same.

Soumya Duggal

Former Feature Writer

News and Trends

Ted Sarandos, Netflix Co-CEO, says, 'Heeramandi: The Diamond Bazaar is our biggest drama series to date in India'

As the SanjayLeela Bhansali-created web series Heeramandi: The Diamond Bazaar made a huge contribution to the second quarter 2024 earnings of Netflix, the company highlighted the show that celebrates a true-blue Indian story

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Growing a Business

The Next Phase of Fiverr—the Freelance Marketplace Expands Into Hiring

Is their AI and Business Partner service a game-changer for hiring talent?