Electric vehicles are the future of sustainability and an answer to the rising fuel prices in the country. The government is working hard to promote entrepreneurship in this segment. Ola’s newly launching EV is part of the Electric Vehicle Policy 2021. The EVangelise Challenge is also a part of these efforts.
What is the EVangelise Challenge?
EVangelise is an Electric Vehicle Innovation Challenge organised by iCreate (International Centre for Technology and Entrepreneurship, India’s leading innovation-based start-up incubator) that’s occurring in conjunction with ‘Start-up India’. This challenge is designed for the Electric Vehicle Industry and is meant to encourage innovations in the two and three-wheeler segment in India. It is an international event that will unite innovators, the EV industry, institutions and government bodies.
Everything you need to know about EVangelise
Dates and deadlines
This is an annual event spanning a duration of 7 months. Application submissions were opened on the 17th of July and the deadline for submission is the 15th of January, 2022. The winners will be announced next year on the 22nd of February 2022.
Start-ups wanting to apply for participation need to visit the official ‘EVangelise’ website and submit your application by filling out a simple form containing details about your start-up along with contact information.
Entrepreneurs who are offering breakthrough innovations for the EV Industry and addressing key problem statements in the industry are invited to participate in the challenge. College students, independent innovators, and start-ups are eligible for the event. Key stakeholders from the Automotive industry including Investors, Mentors, Corporates and start-ups in the Ideation, Validation, Early Traction, and Scaling stages fulfil the eligibility criteria.
Benefits for participants and winners
A number of fiscal and non-fiscal incentives are up for grabs for participants and winners. Fiscal incentives include cash prizes for the top finalists in three key start-up stages (Idea, Design, and the Build stage). Non fiscal incentives include organising Bootcamps, Masterclasses, and Tech Mentoring by iCreate and Industry experts.
Participants that endure to the final stage of the event get the opportunity to participate in an International EV race at Kevadia, Guajarat in a landmark setting before the Statue of Unity, the world’s tallest statue. Finalists also get to pitch their start-ups to an exclusive jury, and get access to incubation support, market connections, and mentorship. Finalists also get to showcase their innovations at the EV Expo.
The deadline for application submission is the 15th of January, 2022. The winners will be announced next year on the 22nd of February 2022.
What’s in it for me?
Through the event, Start-up India in partnership with iCreate wants to recognise the next-gen innovators in EV while promoting technology tourism in the country. Assured cash prizes for winners amount to INR 88.5 lakh. The winners also stand to gain incubation support worth INR 50 lakhs. This challenge is aimed at bringing together India’s leading EV companies and sub-component manufacturers to facilitate partnerships and collaborations that will boost the industry.
iCreate is a part of the Gujarat State Government that promotes growth and entrepreneurial capital and has extended support to multiple EV projects. Start-up India is a great platform from where they can improve awareness about the event and also a forum that’s working for a common cause. This event is one of many efforts by the government to improve adoption of sophisticated, energy-efficient, and sustainable transportation solutions for the Indian market.