In alignment with the Government of India’s “Startup India” initiative and driven by the objective of promoting inclusive socio-economic development in India driven by innovation and entrepreneurship, Indian Institute of Management Calcutta Innovation Park (IIMCIP), which focuses on nurturing innovative start-ups across India, announced on 21st September 2017 its major international initiative ‘Smart Fifty – 50 Solutions to Transform India’. This initiative was conceptualised and designed in association with the Department of Science & Technology (DST), Government of India and was aimed at identifying, recognizing and rewarding aspiring and early-stage entrepreneurs from various sectors who have come up with innovative solutions which can transform India. It urged participants to present solutions that are SMART (Sustainable, Motivating, Affordable, Responsible and Transformative). The platform was also envisaged for aspiring entrepreneurs and innovators so as to facilitate their success through ongoing strategic networking, seed funding and mentoring support.
Smart Fifty prioritized the following focus areas: Smart Agriculture, Smart Learning, Smart Money, Smart Sustainability, Smart Living and Smart Health.
Rewards, Recognition and Incentives
Highlights of Smart Fifty
8 episodes of Smart Fifty were telecast on NDTV 24×7, making it perhaps India’s first-ever Start-Up Contest telecast over multiple episodes on a National News TV Network.
Smart Fifty Grand Finale
The Smart Fifty Grand Finale, held on 25th March 2018, had Mr Amitabh Kant, IAS – CEO, NITI Aayog as the Chief Guest. Here, the Top 10 teams pitched their ideas to an esteemed panel of Judges which included Ajit Balakrishnan – Founder, Chairman& CEO, Rediff.com, Padmaja Ruparel – Co-founder, Indian Angel Network, Debjani Ghosh – NASSCOM President, Gopal Srinivasan – Chairman & Managing Director, TVS Capital Funds & Shyam Srinivasan – CEO & MD, Federal Bank. The judges then selected the winners of Smart Fifty: