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TMCNet:  Expo to showcase innovative business ideas [Patna] [Times of India]

[December 02, 2013]

Expo to showcase innovative business ideas [Patna] [Times of India]

(Times of India Via Acquire Media NewsEdge) PATNA: Budding entrepreneurs in the city would get an opportunity to get exposure to new ideas and marketing techniques and innovations taking place across the country when 25 best innovative business ideas from across India would be put on display at a technology expo to be held here on December 5. The event, being organized by the department of science and technology, Government of India (GOI), and Lockheed Martin India Innovation Growth Programme (IIGP) 2013, was started in 2007 to enhance India's entrepreneurial economy. The organizers received over 1,000 applications from innovators across the country, of which 50 best applicants were selected and trained to market ideas or improve upon shortcomings in their ideas. "The final selected 20 would be receiving a cash award of Rs 1 lakh each on Thursday, while 25 best business plans would be exhibited," said Anupama Kalra, media in charge of the event, adding, "We also help in arranging finance for the most promising business ideas by collaborating with Ficci, Stanford Graduate School of Business and Indo-US Science and Technology Forum, among others." As a part of IIGP, the previous edition of the technology expo was organized at Ahmedabad in September this year. This expo is being held in Bihar for the first time. "We plan to take the event to all parts of the country and since Bihar has a lot of potential, we came here too," said Kalra, adding that Fialso organized several roadshows across the nation to create awareness about the event. The selected business ideas will be from various sectors, including medicine and health, ICT, environment, energy issues and human resources. "There is one winner from Bihar in the top 20," said Kalra. H K Mittal from the department of science and technology, GOI, Arbind Prasad from Ficci, John D Evans of Lockheed Martin would be representing the organizers at the expo on December 5.

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