Indian-Croatian startup challenge

Croatian Agency for Small Business, Innovation and Investment (HAMAG-BICRO) i Startup India Organise a competition Indian-Croatian startup challenge in cooperation with partner companies Infobip, KONČAR and HexGn, supported Embassy of the Republic of India in Croatia.

After startup India-Croatia Startup Bridge, digital platforms designed to strengthen international cooperation and innovation environment and trade-economic cooperation between Croatia and India, HAMAG-BICRO and Startup India continue with activities designed to encourage cooperation between Indian and Croatian startups.

In this direction, they also designed a competition looking for innovative start-up solutions for three given challenges in the areas of sustainability, livelihoods, SDGs, green energy, education and skills development:

  • Clean water and better quality of life,
  • Reduced inequality and
  • Decent work and economic growth.

Participants of the Indian-Croatian startup challenge who offer the best solutions, can win cash prizes, mentoring, incubation and business solutions for growth. The total value of the prize pool is estimated at $43,000.00.

The partner companies of the Indian-Croatian startup challenge will provide the following benefits for the best solutions of Croatian and Indian startups that will participate in the competition:

  • Infobip will select up to 12 successful participants 3 best startup solutions and assign each of them An award in the form of products and services from Infobip worth a total of $10,000. Selected startup teams will receive the support of the Infobip team in order to make the most of the value of Infobip products for their growth.
  • KONČAR for the best startup solution to the challenge Decent work and economic growth provide a monetary reward in value 10.000,00 kn gross amount (~1.694 USD)
  • Hexgn will provide free scale up program worth $2,000 to each of the 12 successful participants (six from India and six from Croatia). The program will last 45 days twice a week.

Interested start-ups can apply for their innovative solutions 11 April to 20 May 2022 the Startup India website links.

Winners will be announced at the event. 14 June 2022 at ZICER.

Other current affairs