MAGIC’s Innovate for India Challenge 2022

MAGIC Launches ‘Innovate for India Challenge 2022’ for Startups

– 4th edition of MAGIC’s flagship Annual Innovation Challenge is open for startups across all industry sector at Prototype and Revenue Stage

CMIA’s MAGIC (Marathwada Accelerator for Growth & Incubation Council) – a vibrant incubator that supports entrepreneurs, translate their innovative ideas into commercially viable enterprises – has launched the 4th edition of its signature annual innovation challenge. This year’s edition is ‘Innovate for India Challenge 2022’ that emphasizes on innovations that have the potential to contribute to the wealth creation and accelerated development, job creation & intellectual property for the nation.

MAGIC’s Innovate for India Challenge 2022 (IFIC 2022) is inviting applications from startups at Prototype & Revenue stages. There are separate evaluation tracks & awards for startups at Prototype & Revenue stages. Startups at the Ideation stage are welcome to apply under the Prototype category. The cumulative award value is ~Rs 5 Lac. IFIC 2022 is powered by 3D Engineering – one of the fastest growing engineering product companies.

The success of the previous edition ‘Atmanirbhar Bharat Innovation Challenge 20-21’ was demonstrated by the volume, quality & diversity of startups. We received ~350 applications from 17 states/UTs in the Country. After multiple rounds of thorough evaluation across two months, six winners were announced with cumulative prizes of ~Rs 4 Lac.” The event was well received & appreciated at the national level & the participants & winners are actively connected with MAGIC in various capacities.

Enthusiasts are encouraged to visit MAGIC’s social media channels for latest updates & announcements. This is an open innovation challenge conducted at all-India level & welcomes innovators from all education backgrounds, ages, genders, and sectors.

MAGIC is a Business Incubator recognized by Maharashtra State Innovation Society and an approved Host Institute by Ministry of MSME, Govt. of India. MAGIC was established by members of CMIA, which is the apex body of industries in the eight revenue districts of Marathwada region. MAGIC provides a range of startup & acceleration services including ideation, business plan evaluation, prototype designing, co-working space, business advisory, funding guidance, patenting, copyright & trademarking guidance, and scaling support. All participants and winners of MAGIC events are offered MAGIC’s incubation benefits. With three successful years of sustained efforts, MAGIC is making tangible impact on regional and nation-wide innovation and startup ecosystem. In the recent past, MAGIC has supported 1,000+ innovators through mentoring & idea validation and formally incubated 34 startups.

To submit the application, visit bit.ly/IFIC2022
Last date to submit the online application is 10th March 2022.
For any queries, participants can write to contact@magicaurangabad.com