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Mar 20, 2013, 02.59 PM IST | Source: Moneycontrol.com

Got an interesting idea? Win up to USD 1m in angel funding

CNBC-TV18's Young Turks, in association with Stern Fisher Angel Investors is hosting 'Start-up India Funding Challenge', an initiative aimed at encouraging innovative business ideas.

CNBC-TV18's Young Turks, in association with Stern Fisher Angel Investors is hosting 'Start-up India Funding Challenge', an initiative aimed at encouraging innovative business ideas.

The contest seeks to identify ideas that can change not just your neighbourhood, or your city, or your state, but the country.

The winning venture will receive up to USD 1 million in angel funds along with access to VC firms, incubation, mentoring and a feature on Young Turks. Applications close on March 25. So if you have a business idea then log onto www.startupsutra.in for details about submissions. All submissions will receive specific feedback on their ideas.

Eligibility criteria:

  • Organisation has been in operation for 1-3 years
  • Potential for scaling up on a massive scale even if not operating countrywide from the beginning
  • Model that can be replicated globally and a mindset that sees the opportunity for doing so
  • Both for-profit and not-for-profit ideas welcome
  • Organisations outside India that have solutions for Indian markets and challenges are also welcome
A few exceptional organisations that do not fit the eligibility criteria will also be considered.

Young Turks, India's longest running show on entrepreneurship, is now into its twelfth year. The Stern Fisher Angel Network is a global group of angels with proven track records in founding successful start-ups, seeding high-growth ventures, and creating policy impact for the betterment of the investment eco-system.

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