The eagerly anticipated 26th edition of Eureka! has returned from the Entrepreneurship Cell at IIT Bombay, which is Asia’s largest student-run entrepreneurship organisation.
This competition, which has a 25-year history, has served as a catalyst for young founders and leaders by providing them with months of priceless training, networking opportunities, and one-on-one mentoring to help them discover the keys to creating scalable businesses.
The largest business model competition in Asia, Eureka gives aspiring business owners a stage to present their creative concepts and awards cash prizes, mentorship, and networking opportunities to the winners.
The winning startups at Eureka! will receive prizes totaling more than 120,000 USD (INR 1 crore), including enticing benefits like AWS Credits and no-cost memberships to necessary programmes like Canva, GitHub, Zendesk, and Socio Pilot. Additional funding for the outstanding startups may also be taken into account by the investor jury.
Read also – JioMart Onboards MS Dhoni As Brand Ambassador
In order to prepare for the ultimate competition—a final pitch at E-Summit 24, IIT Bombay’s annual business conclave—the finalists will participate in a three-day accelerator programme. These selected businesses will get the chance to make a presentation in front of a group of business experts at a private event.
Additionally, the program’s earlier edition attracted more than 15K entries, raising hopes for an even larger scale this year. Eureka! 2023 is sponsored by Amara Raja Batteries, Maruti Suzuki, Emil Pharma, and Shiru Startup Cafe. It is co-sponsored by Axis Bank and WestBridge Capital.
About IIT Bombay’s Eureka! 2023
Eureka!, Asia’s largest Business Model Competition, is the place to unleash your creativity and realise your entrepreneurial dreams. Eureka!, a platform for aspiring entrepreneurs to showcase their ground-breaking ideas and quicken their path to commercial success, was established 25 years ago with the goal of fostering great ideas towards the path of glaring success.