Patna: In order to further boost startups and software products with special focus on Tier-II towns of the country, the Union Minister for Electronics and Information Technology Ravi Shankar Prasad on Friday launched “Chunauti”- Next Generation Startup Challenge Contest.
While launching the ambitious programme if the government, Prasad elaborated that a budget of Rs. 95.03 Crore have been earmarked over a period of three years for this programme aimed at identifying around 300 startups working in selected areas and provide them seed fund of upto Rs. 25 Lakh and other facilities.
Under this challenge he said that the Ministry of Electronics and IT will invite startups in Edu-Tech, Agri-Tech and Fin-Tech Solutions for masses, Supply Chain, Logistics and Transportation Management, Infrastructure and Remote monitoring, Medical Healthcare, Diagnostic, Preventive and Psychological Care and Jobs and Skilling, Linguistic tools and technologies.