Z Nation Lab to Fund Startups in Uttarakhand | CORPORATE ETHOS

Z Nation Lab to Fund Startups in Uttarakhand

By: | October 5, 2017
startup

Oct 5: KHOJ, a nationwide startup competition, on Thursday announced that it will host its startup search event in Roorkee on October 11, 2017. The KHOJ event will be organized by Z Nation Lab in partnership with TIDES, IIT Roorkee (IITR).

“KHOJ is inviting startups from Uttarakhand to apply for the one day event. Each participant will get an opportunity to pitch their product and interact with the mentors and investors from Z Nation Lab,” said an official statement.

As a screening process 15 startups from the applicants will present the investors panel at the KHOJ event. The winning startup will get free entry to Z Nation Lab startup bootcamp program in Mumbai along with virtual mentorship and scale-up advice from subject matter experts in Silicon Valley. They will also receive cash credits by Amazon web services, Paytm, Microsoft, IBM Watson, Sendgrid, Mail Chip and Google.

Also, startups passing from the bootcamp program in Mumbai will get a seed funding of Rs 30 lakh from Z Nation Lab.

Z Nation Lab, which provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth, is an early stage accelerator which empowers entrepreneurs with capital, technical expertise and network.

TIDES is the Technology Incubation and Entrepreneurship Development Society to promote innovation and entrepreneurship at IITR.

Speaking about the event, Neha Jain, Director at Z Nation Lab, said, ‘KHOJ is an initiative by Z Nation Lab that aims at revolutionalizing the startup eco system especially in tier II cities in India. We have conducted similar startup search events as KHOJ initiative across multiple cities in India and have till date accelerated and funded about 15 startup entrepreneurs in last one year’.

According to Manish Shrikhande, DEAN Incubation & Innovation – IIT Roorkee, “Khoj 2017 is a unique opportunity for budding entrepreneurs to pitch their innovations and find mentorship from both academia and industry to turn ideas into successful ventures. The event is one of its kind in Uttarakhand where ecosystems of TIDES IIT Roorkee and Z Nation have come together to support entrepreneurs in Uttrakhand and western UP regions”.