The Maharashtra Startup Week organised by MSInS was held from January 28 to February 1
24 finalists will now receive government work orders worth up to INR 15 Lakh each
The Maharashtra Startup Week is an effort to encourage, engage and enable the state’s entrepreneurial ecosystem.
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The Maharashtra State Innovation Society (MSInS) organises the Maharashtra Startup Week to support the startup ecosystem in the state and gives a platform for budding entrepreneurs to grow by showcasing their innovative solutions to the Government of Maharashtra.
For startups, this is a one-of-a-kind opportunity to engage directly with the government and open doors to scale their solutions further and mitigate development challenges.
After four days of intense pitching sessions by the top hundred startups at the Maharashtra Startup Week, 24 startups were crowned winners of the Maharashtra Startup Week from an initial pool of over 1,500 applications. They will receive work orders of up to INR 15 Lakh ($21.3K) each through which they can demonstrate their proofs of concept (PoCs) and pilot their solutions in the state.
The second edition of the bi-annual, five-day event, organised by the Maharashtra State Innovation Society (MSInS), was held from January 28 to February 1. The winners were selected across seven sectors — agriculture, cleantech, education and skilling fintech, governance, healthcare, infrastructure and mobility, water and waste management and a miscellaneous category by a jury comprising of eminent members such as, Sudhir Srivastava, Chairman, Maharashtra Pollution Control Board; Gunjan Shukla, CFO, Paypal India; Dileep Mangsuli, CTO, GE Healthcare; Aarti Wig, CEO & Co-Founder, Yunus Social Business India; Dr. Surendra kumar Bagde, General Manager, B.E.S.T. and representatives from Intellecap, Bharat Innovation Fund, Omidyar Network, Acumen and more.
The 24 Winners At The Maharashtra Startup Week
Agriculture
Sansaavi Bioresearch: This startup has low-cost livestock diagnostic devices, reducing dependency on rural population centralised laboratories.
Healthcare
Governance
Print2Block: This startup creates truthful Infrastructure for issuing digital documents on private or public blockchain.
Waste Management
Water and Waste Management
CleanTech
Gorgonian Tech: This design and consultancy firm designs and manufactures custom wind turbines for building wall surfaces. These turbines are made to look like an artwork on the exterior wall, and enable onlookers/pedestrians to see the wind grazing over the wall surfaces. The art lies in the motion of these micro-turbines and hence it can termed as kinetic art rather than a wind turbine.
Smart Infra
FinTech
Education
Skilling
Miscellaneous
Highlights of The Maharashtra Startup Week
The Maharashtra Startup Week witnessed participation from industry stalwarts and senior government representatives, apart from the investor and influencer communities of the Indian startup ecosystem. Some of the eminent names at the event were Sambhaji Patil Nilangekar, Minister of Labour and Skill Development, Bharath Visweswariah, director, investments, Omidyar Network; and Ronnie Screwvala, cofounder, UpGrad,Vineet Rai, Founder & Chairman, Intellecap Aavishkaar Group etc.
The agenda of the workshop events was curated keeping in mind the frequently asked questions by startups. Some of the workshops conducted were: ‘Go to Market and Scaling’ by Jay Krishnan, Partner SRI Capital ‘Challenges While Starting up And Leveraging Ecosystem To Grow’, by Bala Girisaballa, president of Techstars, a seed accelerator.
While pitching sessions by startups was the key focus area of the event, there were also learning sessions and workshops by Google on machine learning, by Lexstart on fundraising for startups, and more.
One of the biggest highlights of the event was a panel discussion on ‘Making Maharashtra More Attractive For Startups: Roadmap To The Future’, which comprised panelists such as; Namita Dalmia, Principal Investments, Omidyar Network, Pooja Dhingra, founder, Le 15; Mayank Kumar, MD & CEO – upGrad; Pranay Gupta, co-founder, 91 Springboard. The panel was moderated by Aseem Kumar Gupta, IAS, principal secretary, SDED (Skill Development and Entrepreneurship Department ).
The panel discussed how the environment in the state could be made more cohesive and collaborative for startups and the measures that could be taken by the government in terms of policies and initiatives to support the growth of startups. A VC mixer was also organised where close to 40 startups interacted with investors, corporates and senior government officials.
Global Innovation Policy Accelerator Final Conference
As part of the event, the Maharashtra State Innovation Society also hosted the final conference of the Indian iteration of the Global Innovation Policy Accelerator (GIPA). The GIPA is funded by the UK government’s Newton Fund and delivers executive development to national cohorts of senior policymakers, strengthening the implementation capabilities of their teams.
In May 2018, two teams of senior policymakers and influencers from India’s central Ministry of Electronics & Information Technology (MeitY) and the Maharashtra government travelled to London to receive coaching and mentoring support.
Innovation in India is fast becoming central to the dialogue around economic development. Policymakers are looking for effective approaches to foster innovation and develop skills, insights, tools, evidence and networks to help design, implement, evaluate and improve innovation policies. The GIPA is a step in this direction.
As part of the conference, the teams showcased the work they have been doing over the past nine months to a broader group of senior policymakers and thereafter plan for the long-term impact of their work.
Enabling Startups To Be Good Samaritans
The Maharashtra Startup Week has accorded startups loads of traction and much-needed opportunities, was a massive success in its second run as well.
The Maharashtra Startup Week encourages and brings to the fore startups with a view to strengthen the state’s entrepreneurial ecosystem. It also aims to carve out an important role for the startup ecosystem in socially relevant activities and in the state’s socio-economic development.
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