The Bihar Innovation Challenge-2023 stands as a beacon of opportunity for innovators, startups, and visionaries, aiming to transform their ideas into reality. As of October 5th and 6th, 2023, the stage is set for a grand event that celebrates creativity, ingenuity, and the spirit of progress.
Nurturing Innovation Since 2016
The journey towards innovation in Bihar started back in 2016 with the inception of Startup Bihar. This initiative has been on a relentless quest to nurture and cultivate a dynamic startup and innovation ecosystem in the region. However, the real acceleration came with the advent of the Bihar Startup Policy – 2022, a strategic framework that has brought inclusivity, cohesion, and amplified benefits to all stakeholders involved.
Taking the lead in this transformation is the Department of Industries, the pivotal entity spearheading the startup ecosystem in Bihar. The central vision is audacious yet promising: to position Bihar as the preferred destination for innovators, startups, and all stakeholders alike. This vision hinges on the harnessing of local talent, particularly the youth, to create a conducive startup ecosystem that propels inclusive growth across the state.
/tice-news-prod/media/media_files/F7hgCOYu0iKXbeBQvXIx.png)
The Bihar Innovation Challenge-2023
At the heart of this transformation lies the Bihar Innovation Challenge-2023 (BIC-2023), a platform meticulously designed to foster innovation and translate it into successful ventures. This unique challenge extends its arms to students, innovators, startups, and research scholars across the nation. Their common ground? Developing innovative solutions that harness cutting-edge technology across various domains.
Three Distinct Categories:
- Student Innovators: The young minds charting the future with their ideas.
- Startup Mavericks: The daring startups poised to disrupt industries.
- Visionary Scholars: The researchers with groundbreaking concepts ready to take flight.
From Abstract to Reality: The Path to Success
The journey of a BIC-2023 participant is an exhilarating one, a path paved with innovation, dedication, and collaboration.
Step 1: Application – A gateway to possibility: The quest begins by visiting the official website of Startup Bihar. With a click on “Apply Now,” the journey to innovation takes its first step.
Step 2: Crafting the Path – The art of preparation: Innovation takes form through the details. Aspirants fill the required fields and submit their abstract, a glimpse into their visionary world.
Step 3: Navigating the Selection – Rising above the rest: From a pool of inspired minds, 25 applicants from each category emerge as the shortlisted contenders.
Step 4: Building the Dream – Transforming vision into reality: The chosen few are given a month to craft their working prototype/model and fine-tune their business model.
Step 5: The Grand Finale – Where innovation takes center stage: In the vibrant city of Patna, finalists gather to exhibit their prototypes and pitch their business models to a panel of seasoned experts.
A Glorious Celebration of Innovation: Event Flow
Day 1: October 5th, 2023 – Gyan Bhawan
- 8:30 am – 10:00 am: Registration and Setting Up Stalls
- 10:00 am – 10:30 am: Inauguration Ceremony
- 10:30 am – 11:00 am: Tea Break and Dignitary Walk-Through
- 11:00 am – 1:30 pm: Pitching Sessions 1
- 1:30 pm – 2:00 pm: Lunch and Networking
- 2:00 pm – 6:00 pm: Pitching Sessions 2
Day 2: October 6th, 2023 – Gyan Bhawan
- 9:00 am – 10:00 am: Audience Registration
- 10:00 am – 11:00 am: Keynote Session by a Renowned Startup Founder
- 11:00 am – 12:00 pm: Fireside Chat Session
- 12:00 pm – 1:30 pm: Valedictory Session and Awards Distribution
- 1:30 pm: Lunch and Networking
A Gateway to New Horizons: Rewards and Recognition
The BIC-2023 is not just a challenge; it’s a launchpad to greatness. Winners and runner-ups stand to gain more than just recognition.
- Cash Prizes that fuel innovation further.
- Technical Support to bring their prototypes to life.
- A coveted Wild-Card Entry to the Startup Bihar pitching round.
- Handhold & Mentorship Support from Bihar’s leading institutions.
- Opportunities for Funding under Bihar Startup Policy.
Mark Your Calendars: Important Dates
- Advertisement and Application Call: 21st July 2023
- Registration and Presentation Deadline: 30th August 2023
- Shortlisting of Finalists: 7th September 2023
- Submission of Model Videos and Pitchdecks: 20th September 2023
- Grand Finale – The Demo Day: 5th October 2023
- Prize Distribution and Valedictory: 6th October 2023
Get Ready to Embrace Innovation
BIHAR INNOVATION CHALLENGE-2023: Fostering Innovation and Entrepreneurship in Bihartranscends boundaries and envisions a future where innovation knows no limits. It’s more than an event; it’s a movement that is poised to reshape Bihar’s landscape and make it a hotspot for innovators and entrepreneurs. Let’s embrace this challenge, for within it lies the key to unlocking a brighter, more innovative future.
For Further Information:
- Sudarshan Chakravarty: 6287797918
- CA Megha Bhadani: 6287797917
- Email: startup-bihar@gov.in
I’m Shweta Bharti, and I’m not just a blogger; I’m a storyteller with an unending love for Bihar. Bihar is not just my home; it’s my muse. I was born and raised in the heart of this culturally rich state, and that’s where my journey as a writer began.My passion is to share the beauty and depth of Bihar through my words. Bihar isn’t just a place; it’s a treasure trove of history, traditions, and untapped potential. Through my blog, BiharLinks.com, I aim to change perceptions and uncover the hidden gems of Bihar.