1 DISC

DISC 1

Honble Raksha Mantri Smt Nirmala Sitharaman launched the Defence India Startup Challenge DISC on 4th Aug 2018 at Bengaluru wherein innovators organizations as well as individuals were presented with eleven Problem Statements for resolution In this event four incubators namely i Centre for Innovation Incubation and Entrepreneurship IIM Ahmedabad ii SINE Society for Innovation and Entrepreneurship Indian Institute of Technology Bombay iii THub Hyderabad iv FORGE a branded incubation enterprise launched by the Coimbatore Innovation Business Incubator CIBI were given Certificate of Partnership for helping Ministry of Defence in discovery exploration and mentorship of StartupsMSMEs to cocreate innovative Defence Technologies Subsequently two more Partner Incubators have come within the iDEX fold viz Incubation Cell IITMadras and FITT IITDelhi Approximately 500 applications were received in the first leg of the challenge of which a total of 28 Winners have been shortlisted to be considered for grant of funds for prototype development and possible commercialization thereafter