Jaipur: The first-ever startup event of the State, “Rajasthan Startup Fest,” will be inaugurated by the Rajasthan Chief Minister, Smt. Vasundhara Raje on 9 October at Sitapura-based Jaipur Exhibition & Convention Centre (JECC) in Jaipur. Industries Minister, Shri Gajendra Singh Khimsar and Chief Secretary, Mr. C S Rajan will also be present at the inaugural ceremony. This was informed by the Principal Secretary, Industries and Managing Director, RIICO, Ms. Veenu Gupta.
Ms. Gupta further said that the national-level two-day fest is being organized by Rajasthan State Industrial Development and Investment Corporation (RIICO) along with Rajasthan’s leading incubation center, Startup Oasis as a co-organizer. CIIE at IIM Ahmedabad has also joined hands as knowledge partner for the event.
While the Chief Secretary will speak on ‘Role of Startups in Growth of the Economy’; the key note address will be delivered by the Chairman, Mahindra Holidays and Resorts, Mr. Arun Nanda. Other prominent speakers at the inaugural ceremony will include the CEO of Centre of Innovation, Incubation and Entrepreneurship (CIIE), Mr. Kunal Upadhyay; Managing Director, Micromax, Mr. Rajesh Agarwal and Founder, Acumen Fund and Founding Angel, India Angel, India Angel Network, Mr. Nagaraja Prakasam.
During the inaugural session a ‘Resurgent Rajasthan Mobile App’ will also be launched.
Ms. Gupta said that the Fest will bring together more than 500 people including approximately 100 startups, 20 angel and venture capital investors, 30 mentors and startup coaches as well as 50 speakers at a common platform. The event will comprise of multiple tracks of scouting, incubation and acceleration of startups covering sectors like internet, hardware, mobile, social and disruptive ideas and technologies, she further added.
Multiple demonstrations, pitches and product launches will be held on both the days of the event interspersed with high energy interactions, talks, panel discussions and mentoring sessions. A special business plan competition has also been organised for students with prize money of up to Rs. 1 lakh.
The event will include many interesting concepts like ‘E-tailing India Conclave’ on the first day. The second day will witness ‘You Lead Workshop’, ‘Angel Workshop’ and ‘Startup Weekend Bootcamp’. Similarly, a number of panel discussions will also be held during the event on subjects like Startup Funding, Fostering a Startup and Innovation Ecosystem, Startup Hustling and Growth Hacking among others.
Moreover, around 50 high potential product startups will showcase their products and business models in the Startup Showcase spread over two days.
Jaipur, the State Capital, through the event will pitch itself as the next big startup hub of the country. Given its high quality social infrastructure, startup friendly cost structure, presence of sector agnostic technology business incubator and robust startup ecosystem, proximity to the NCR region contribute towards the positioning of the city as a startup hub.
The event is sponsored by a number of organizations like State Bank of Bikaner and Jaipur (SBBJ), Rajasthan Venture Capital Fund (RVCF), Micromax and Yes Bank. It is also supported by Villgro, Headstart India, Etailing India, Startup Weekend, Reliance Jio and Techstars, among others.
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