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Benefits 

Prizes and Funding

Win cash prizes and potential funding.

Networking

Connect with investors and industry experts

Skill Development

Enhance app development skills

Entrepreneurship

Launch your app idea into a business venture

Eligibitly

  • Participants: The NextGen App Innovators competition welcomes individuals and teams from diverse backgrounds including:

    • College Students: Enrolled in any accredited college or university.

    • Startup Aspirants: Entrepreneurs with innovative app ideas.

    • Small Company Owners: Owners of businesses exploring mobile app ventures.

    • Employers: Business leaders interested in app development within their organizations.

    • Employees: Individuals employed by companies, contributing innovative app concepts.

  • Age Requirement: Participants must be at least 18 years old at the time of entry.

  • Team Participation: Teams are allowed, but each team must designate a single point of contact for communication and submission purposes.

  • Geographical Limitations: The competition is open to residents of India only.

  • Entry Fee: An entry fee of INR 4,999 is required per individual or team entry. This fee is non-refundable and must be paid at the time of registration.

  • Language Requirement: All submissions and communication must be in English.

  • Legal Compliance: Participants must comply with all applicable laws and regulations, including intellectual property rights, throughout the competition.

  • Previous Winners: Previous winners of the NextGen App Innovators competition are not eligible to participate again.

  • Registration: Participants must complete the registration process by the specified deadline to be considered for the competition.

  • Agreement: By entering the competition, participants agree to abide by the terms and conditions outlined by the organizers.

Prize Details

  1. 1st Prize: INR 1,00,000 + Funding for the Company

    • Cash Prize: INR 1,00,000

    • Funding Opportunity: The winner will have the opportunity to secure additional funding from top investors to develop and launch their mobile application into the market. This funding aims to support the winner in establishing their own company based on the winning app concept.

  2. 2nd Prize: INR 25,000

    • Cash Prize: INR 25,000

  3. 3rd Prize: INR 10,000

    • Cash Prize: INR 10,000

Prize Structure Clarification:

  • Cash Prizes: These monetary awards are provided directly to the winners as recognition of their achievements in the competition.

  • Funding for the Company: In addition to the cash prize, the 1st prize winner will receive support in securing funding from investors. This funding is intended to help turn the winning mobile app idea into a viable business venture.

Prize Distribution Process:

  • Award Ceremony: Winners will be announced and awarded at the Final Presentation event on 24th September 2024, held at Hotel Savera, Ballroom.

  • Documentation: Prize winners may be required to sign additional agreements or documentation to formalize the distribution of cash prizes and facilitate the funding process.

Importance of Prizes:

The prizes aim to incentivize innovation and provide tangible support to participants in realizing their entrepreneurial ambitions within the mobile app industry. They are designed not only to reward excellence but also to catalyze the development of promising app ideas into market-ready products with the potential for significant impact.

Important Dates to Know

  • Registration Deadline:

    • Registration closes on 15 July,2024.

  • Level 1: Concept and Design Submission:

    • Submission period: 07 Aug, 2024 to 15 Aug, 2024

  • Level 2: Prototype Development:

    • Development period: 28 Aug, 2024 to 2 Sept, 2024

  • Level 3: Final Presentation:

    • Date: 10 Sept, 2024

    • Location: Hotel Savera, Ballroom

1. Eligibility

1.1. The competition is open to college students, startup aspirants, small company owners, employers, and employees.
1.2. Participants must be at least 18 years old at the time of entry.
1.3. Teams are permitted, but each team must designate a single point of contact.

2. Entry Fee

2.1. An entry fee of INR 4,999 is required at the time of registration.
2.2. The entry fee is non-refundable.

3. Competition Structure

3.1. The competition includes three levels:

  • Level 1: Concept and Design Submission (20 Aug, 2024 to 24 Aug, 2024)

  • Level 2: Prototype Development (28 Aug, 2024 to 2 Sept, 2024)

  • Level 3: Final Presentation (24 Sept, 2024 at Hotel Savera, Ballroom)

4. Submission Guidelines

4.1. All submissions must be original work and must not infringe on any intellectual property rights.
4.2. Participants must submit their entries by the specified deadlines for each level.
4.3. Late submissions will not be accepted or considered.

5. Judging Criteria

5.1. Entries will be judged based on originality, feasibility, design quality, functionality, user experience, and market potential.
5.2. The decisions of the judging panel are final and binding.

6. Prizes

6.1. Prizes will be awarded as follows:

  • 1st Prize: INR 1,00,000 + Funding for the company

  • 2nd Prize: INR 25,000

  • 3rd Prize: INR 10,000
    6.2. Prize winners may be required to sign additional agreements or documentation to receive funding and other awards.

7. Intellectual Property

7.1. Participants retain ownership of their submissions.
7.2. By entering the competition, participants grant the organizers a non-exclusive, worldwide, royalty-free license to use, display, and promote their submissions for the competition.

8. Confidentiality

8.1. The organizers will take reasonable steps to protect the confidentiality of submissions.
8.2. Participants are responsible for securing any intellectual property rights before submission.

9. Code of Conduct

9.1. Participants must conduct themselves in a professional manner throughout the competition.
9.2. Any form of harassment, cheating, or unethical behavior will result in immediate disqualification.

10. Liability

10.1. The organizers are not responsible for any technical malfunctions, lost or delayed submissions, or other issues beyond their control.
10.2. Participants agree to indemnify and hold harmless the organizers from any claims arising out of their participation in the competition.

11. Amendments

11.1. The organizers reserve the right to amend these terms and conditions at any time.
11.2. Participants will be notified of any changes via email or the competition website.

12. Agreement

12.1. By entering the competition, participants agree to these terms and conditions.

For any questions or further information, please contact:
Email: nextgenappinnovators@evolock.in
Phone: +91-8124040765

Terms and Conditions

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