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PURPOSE, Niti Aayog Invites Applications For Youth Co: Lab Challenge 2025|Economy News


Bengaluru: The Atal Innovation Mission (PURPOSE), NITI Aayog, along with the United Nations Development Programme (UNDP), on Friday formally introduced the 7th version of the Youth Co: Lab National Innovation Challenge for 2024-2025.

Applications are open, welcoming young/differently abled business owners to introduce remedies that improve accessibility to possibilities and the wellness of Persons with Disabilities (PwDs).

The obstacle will certainly concentrate on encouraging young business owners and business owners with specials needs introducing for remedies, throughout the complying with sub-categories– comprehensive and available assistive innovation, comprehensive academic innovation, and skilling remedies for PwDs and care solutions designs and remedies for PwDs.

“We firmly believe that young people are not just the leaders of tomorrow — they are the changemakers of today. This belief is embodied in Youth Co:Lab, now in its seventh edition. For the first time, it prioritises startups by and for persons with disabilities. Promoting disability-inclusive development is not just the right thing to do; it’s essential for achieving the SDGs,” statedDr Angela Lusigi, UNDP Resident Representative for India, at the digital launch. .
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Youth- led start-ups( 18-29 years; included 32 for marginalised teams, consisting of PwDs) that have remedies resolving several of this year’s emphasis locations are qualified to get the program.

The startup/team, if integrated, ought to be much less than 5 years of ages, that is, the development of the starting team/startup ought to be throughout or after December 2019 and should have a functioning model or item prepared for implementation. .
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Eligibility encompasses NGOs whose job reverberates with the 3 styles of program. The last day for application is January 18. .
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Those shortlisted will certainly gain from the National Springboard Programme, where the leading 35 start-ups will certainly access to a two-month digital incubation program created to improve their organization designs, improve product-market fit, and get hands-on mentorship from sector leaders, finishing in a detailed development technique; a five-day in-person bootcamp where the leading 20 start-ups will certainly be welcomed to an immersive bootcamp including workshops. .
.(* )will certainly additionally belong to expert-led sessions, and obtain personal mentoring, concentrating on scaling procedures, financial investment preparedness, and tactical collaborations to drive venture development. .
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They program will certainly additionally give seed gives, making it possible for financing possibilities worth

The 1.5 – 2.5 lakhs each for the leading 6 start-ups to promote advancement and give first assistance towards development. Rs enhancement, start-ups will certainly obtain a possibility to stand for In at the India-Regional Asia: Pacific Youth Co. .
.(* ):Lab Summit gives young business owners with accessibility to technological and organization coaches, networking possibilities, and an entrance to discovering and velocity possibilities. .
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The Regional Youth Co stated Lab Summit, CHIEF EXECUTIVE OFFICER and

“By combining our deep knowledge of assistive technology with the Youth Co:Lab platform, we aim to inspire and support young innovators to create solutions that make society more inclusive and accessible for PwDs. Empowering the youth is central to the future of innovation,” -Prateek Madhav of ATF– the application companion for the program.Co

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