Jury - A panel of judges will screen the applications. The Jury consists of eminent persons from academia, industry and investment sector.
The Concept Notes will be screened for:
Innovativeness of the idea
Techno economic feasibility and scalability of the idea
Commercialization &Market potential of the idea
Clarity of communication
Twenty teams that score the highest points will be selected to attend the Entrepreneurship Development Workshop.
After all teams have finished their presentations and question-answers, the Jury will decide and announce 5 winning teams.
Note: It is compulsory for all the team members to attend the workshop.
Five winning teams will be presented with cash awards at ABLE’s BioInvest Conference. The awards are sponsored by DBT. The 1st Prize will be Rs. 5 Lakh (for one team), the 2nd Prize will be Rs. 3 Lakh (for two teams each) and the 3rd Prize will be Rs. 2 Lakh (for two teams each). Prize money will be distributed equally among all team members during the BioInvest Program.