Qualcomm Ventures to provide the biggest opportunity for mobile and wireless startups in India as the second annual QPrize Competition in India picks speed. The India Finalist will receive US$100,000 in Seed Funding and compete in Grand Finale for Additional Funding of US$150,000.
“The Indian market has significant potential to contribute to innovations in the wireless domain. With QPrize, we are able to identify promising early-stage companies and provide financing that helps them commercialize their products more quickly,” said Karthee Madasamy, director of India Investments for Qualcomm Ventures. “The diversity and uniqueness of new ideas we witnessed during QPrize last year was truly exciting and we look forward to seeing more novel business ideas emerge this year.”
"QPrize™" is an international competition sponsored by Qualcomm Ventures. "QPrize™" is designed to launch great ideas from entrepreneurs in the mobile and wireless space who strive to bring technology innovation to market. Qualcomm Ventures is awarding $750,000 in seed capital via a series of six regional business plan competitions and one grand-final competition. Eight finalists will be selected in each region and the winner given the opportunity to receive $100,000 in convertible note funding plus an opportunity to compete for an additional $150,000 in our Grand Prize Competition. Check out the video here: http://www.qualcomm.com/videos/qprize-2010
Also log on to see the details of QPrize http://www.qualcomm.com/ventures/qprize/2010/
Why participate in QPrize?
Besides the global recognition and assured funding, winners will clearly establish themselves in the industry. Read what Krishna and Aneesh, winners of the last years’QPrize have to say here –
While you participate in QPrize, we at YourStory will showcase your venture in our MoWi series and do our best to provide focused visibility through establishing direct linkages with industry and investors. Get in touch with us at firstname.lastname@example.org