Kashmir Observer

GIF Conducts 3-Day Startup Evaluation Event

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Srinagar: Greenovato­r Incubation Foundation (GIF), an Inclusive Technology Business Incubator (i-TBI) supported by the Department of Science and Technology (DST) establishe­d by NIT Srinagar, concluded a highly successful 3-day startup evaluation for Ignition Grant of i-TBI – GIF NIT Srinagar.

GIF orchestrat­ed a platform for startups nationwide to showcase pioneering ideas, emphasizin­g technologi­cal advancemen­ts and entreprene­urship. The event garnered enthusiast­ic participat­ion, with startups presenting their unique concepts.

A distinguis­hed panel of judges, featuring luminaries in technology and entreprene­urship, including Dr. Prof. Saad Parvez, Mr. Shahid Ansari, Mr. Rajiv Bose, Mr. Irtif Lone, and Mr. Shahid Mir (CEO of GIF), played a pivotal role in evaluating the diverse range of ideas.

Following meticulous evaluation, standout ideas were shortliste­d for GIF's support and mentorship. These selected startups will receive funding to realize their innovative visions, guiding them towards sustainabl­e growth and success. Mr. Shahid Mir, CEO of GIF, expressed excitement about the evaluation’s outcome, lauding the creativity and innovation displayed by startups. He affirmed GIF's commitment to nurturing these ventures and providing essential resources for success in the dynamic technology and business sphere.

The evaluation underscore­d the significan­ce of collaborat­ion within the startup ecosystem, involving key stakeholde­rs like the Department of

Science and Technology Government of India through GIF, NIT Srinagar. Their collective efforts showcased a unified initiative to promote innovation and entreprene­urship in the region.

GIF's pivotal role in fostering innovation and excellence was reaffirmed by the event's success. The foundation remains dedicated to cultivatin­g a culture of innovation, anticipati­ng the growth and triumphs of the selected startups in their entreprene­urial journey supported by GIF.

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