Eligibility:

• The applicant should be a registered company or willing to be registered in India. The shareholding by Indian promoters in the company should be at least 51%.
• Participating or proposed ventures should be independent entities, meaning that they should not be a subsidiary of an existing corporation or have legal ties to a government body.

Category-specific Eligibility:

1. Development Track:
   For innovations that need support in physical or digital prototype development and testing, and have a quick (less than 24 months) timeline for MVP, including:
   • Technology at a very early stage of development (lab/research) but theoretical proof of concept exists, or
   • Prototype has been designed but not built, or
   • Early prototype exists and early testing is underway/planned
2. Deployment Track:
   For innovations looking for support primarily in product commercialisation and Go-To-Market Strategy, that is:
   • At an advanced stage of product development where a prototype exists and at least one pilot has been carried out, or the proof of concept has been physically demonstrated, or
   • Pre-commercial/fully functional lab prototype with some testing and feedback from users available, or
   • Product is ready and already in the market and looking for scale-up

Submissions and Participation:

• Incomplete submissions will be deemed void and disqualified from the competition.
• Submissions should be the original work of the participant and should demonstrate positive, sustainable, and scalable impact in India (though not exclusively in the region).
• Participants agree to the use of their names, photographs, disclosure of their country of residence, and are required to cooperate with any other reasonable requests by the organiser relating to any publicity-related activities.
• Participants are required to submit a declaration of good standing and solvency at the final stage of evaluation. If there is any change in circumstance that invalidates their good standing and solvency, the team is to immediately inform the organisers.
• All participants own the rights to their ideas. Participants must properly acknowledge any trademarks, patented, or copyrighted materials of others that are incorporated into the submission materials. Participants are responsible for obtaining any necessary permission before incorporating such materials into their submissions.
• Submitted ideas are protected in the spirit of non-disclosure, and all submitted materials will be treated as company confidential. The only people with access to the entry materials will be judges and select members of the organising committee. Materials will not be distributed to any other party unless requested by a participant. No other provisions are made to protect intellectual property.
• As an effort to support the innovation ecosystem, for research purposes, non-sensitive data may be shared with government agencies or partner organisations. The participant’s personal identity, name, family name, phone number, address, or email address will not be used in any public collateral.

Decisions regarding the Winners:

• The selection of the ‘Winners’ is at the sole discretion of the judges and the organisers.
• Throughout all phases of the challenge, all decisions of the judges are deemed to be final.

Disqualification and Organisers’ Right to Amend Competition Rules:

• The organisers reserve the right to disqualify any Participant who is found to have violated the spirit of the program guidelines and terms and conditions stated herein. Disqualified participants shall forfeit any and all prizes awarded to them.
• The organisers reserve the right to amend these rules at any point before the Closing Date in line with the overall goal of the program.
• The indicated dates may be revised at any point in time by the Organisers. Any change in schedule will be suitably intimated on the webpage and on other relevant platforms.