EDC hosts the 2nd edition of Chief Minister’s Startup Challenge 2017

Ten innovative startups battle it out for the grand title of the Chief Minister’s Startup Challenge – 2017  

EDC hosts the 2nd edition of Chief Minister’s Startup Challenge 2017During the year 2016, EDC Ltd. had conducted a competition among technology startups which was so successful, that the first prize winner received equity investment of Rs.3 crore from a private investor, merely on the basis of the Chief Minister’s Technology Startup Award given by EDC.

With this background of success, EDC went ahead with a similar competition during the year 2017 in general category of startups. The Startup Challenge 2017 competition received applications from 38 participants. In order to broaden the awareness of the competition, EDC collaborated with the Goa State Innovation Council, Government of Goa and the event was organized in association with Don Bosco College of Engineering, Fatorda.

The first three winners will be awarded, Rs.5 lakh, Rs.2 lakh and Rs.1 lakh respectively. The first prize winner will be also awarded the ‘Chief Ministers’ Startup Challenge, 2017 Award’ at the hands of the Chief Minister, Government of Goa. The prize money is contributed by EDC and Goa State Innovation Council, Government of Goa.

The concept of Chief Minister’s Startup Challenge has been conceived by Santosh R. Kenkre, Vice Chairman, EDC. This innovative concept is taken forward in the right direction by Arvind Ghatkar, Managing Director, EDC with the assistance of B. S. Borkar, Dy. General Manager, EDC.

The applications were scrutinized in the first round and ten of the best entries were selected by a panel of judges which included N. Shriram, Director, Tulip Diagnostics Ltd., M. R. Swaminathan, Head – Operations, EMS – Goa, TCS Ltd, Ralph D’Sousa, owner of chain of hotels and Director of EDC LTD., Pandurang Kamat, Chief Architect, Innovation and R & D, Persistent Systems Ltd, Nigel Cabral, industrialist/businessman, Shripad D. Kulkarni, Director of Diebold Systems Pvt. Ltd, Prof. Dr. Mridula Goel, Prof in BITS & member of Goa State Innovation Council, Ryan Carvalho, IT consultant, Fr. Kinley D’Cruz, Director, Don Bosco College of Engineering at Fatorda, and Dr. Neena S. Pai Panandikar, Principal, Don Bosco College of Engineering, Fatorda

The Evaluation of all the 10 listed startups was done on 21st March 2017, at EDC House, Panaji, Goa.  Each of the 10 startups gave a separate presentation before the 10 judges. The basic criteria fixed for evaluation was technology, innovation in business model, scalability and team composition.

A brief summary of 10 final startups is as below:

Garage Guy

Garage Guy is an online marketplace dedicated towards automobile services, to combat common problems that occur during vehicle servicing. Customers can select a wide range of services right from automobile maintenance, accessory fitments to even booking a test drive for a newly launched vehicle.

Growth Gravy

Growth Gravy was founded in 2016 with an idea to help businesses market their services and products in simpler ways and generate twice the revenue growth in a short period. It provides end to end digital marketing solutions that range from consulting and strategy solutions to managing businesses’ entire brand presence online.

SaleApp Advertising Limited

SaleApp Advertising Limited is an IT Start-Up from Goa that focuses on Digital Marketing and Advertising through interactive and engaging forms of Digital Media. It has taken one step further by creating Goa’s very first online portal for posting Newspaper Classified Ads in all leading newspapers across Goa, through the SaleApp Website and Android App.

Lokaso

Lokaso is an exclusive platform that connects travellers and local experts to engage and share resources, information and advice related to travel. It helps them communicate over posted queries and local tips or direct messaging.

Brush flicks

Brushflicks is a talent hub that aims at solving a major problem of unemployment in the creative sector by creating solutions to some of the big problems through art.

Counterfeit

Counterfeit IQ is a Block-chain based platform, which helps to detect any counterfeit products or documents.

Intellis Engineering Services Pvt. Ltd.

Weave, by Intellis Engineering Services Pvt. Ltd., is a platform software system that can make any business paperless and can efficiently handle changes in workflow without having to edit software code.

Sevarat

Sevarat is Goa’s first dedicated Senior Care Service which provides timely reliable and professional services to meet every single need of the elderly within their own homes.

Androcid

Androcid is a Mobile Development Studio exclusively working on building mobile apps and works on mobile platforms such as Android and iOS.

Dubl’up

Dubl’up is Goa’s first lifestyle app which provides its customers with attractive incentives to explore new restaurants, salons and spas, hotels and resorts, top gyms and fitness centers or try out leisure activities all at half the cost.

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