State's start-up beneficiary wins regional finals
Source: Chronicle News Service

Imphal, September 05 2022: A Start up Manipur beneficiary Akumen AI has won the Eastern Regional India finals of the fourth edition of Entrepreneurship World Cup India held at Atal Incubation Centre-Sikkim Manipal University Technology Business Incubation Foundation (AIC-SMU TBI), located at the campus of Sikkim Manipal Institute of Technology, Majhitar.

Akumen AI is currently incubated at Start-up Incubation Centre, Manipur Technical University (SIC-MTU) under the aegis of Planning Department,.

The winning start-up received a cheque of USD 25,000 (approximately Rs 20 lakh) from the organisers and will further represent Manipur at the national finals to be held later.

The Entrepreneurship World Cup (EWC) is an initiative of MiSK (Prince Mohammed bin Salman bin Abdulaziz Foundation), Global Entrepreneurship Network (GEN) and The Global Education & Leadership Foundation (tGELF).

The event was judged by Pakyong district collector Tashi Chopel, Sikkim Express editor Amit Patro, Fisheries director N Jaswant, NITI Aayog consultant Rajeev Kumar, SMIT director Prof GL Sharma and SEED Cell chief consultant Raj Lama.

A total of 11 start-ups from across India pitched their ideas before the panel of judges.

The Start-up Manipur is an initiative of chief minister N Biren Singh and under the aegis of the planning department, the SIC-MTU currently incubates 16 Start-up Manipur beneficiaries.

The SIC-MTU entered a partnership with AIC-SMU TBI from the inception of SIC-MTU on April 28, 2022 with the support of the state planning department to benefit the beneficiaries of Start-up Manipur and entrepreneurs of the region.

According to AIC-SMU TBI CEO Prof Chingtham Tejbanta Singh, the EWC regional finals have been conducted in Sikkim for three consecutive years with an aim to accelerate and develop over 100,000 start-ups from 100 countries by bringing together the world's top entrepreneurs, mentors, investors and educational resources.

The national finals will be a culmination of a dedicated search for India's top entrepreneur following a series of seven regional finals.

The winning teams will represent India at the global finals in Riyadh, Saudi Arabia.

The winner of global finals will receive a prize of USD 1 million.

As an achievement of.

SIC-MTU and AIC-SMU TBI partnership, the team of SIC-MTU & AIC-SMU TBI, and the beneficiaries of Startup Manipur wholeheartedly thanked chief minister N Biren Singh and the authorities of the planning department, said the SIC-MTU in a press release on Monday.

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