IT Ministry Announces AI Solution Challenge With a Cash Reward of ₹20 Lakhs

• IT Ministry announces an AI Solution Challenge contest to Indian startups in the field of Artificial Intelligence to showcase their innovative AI solutions.
• The applications will be open for submission till September 24 and the top winners in each category will get cash awards of Rs 20 lakh each.
• As part of the initiative, MeitY is organizing RAISE 2020, a Global Summit on Artificial Intelligence to be held virtually from 5th Oct to 9th Oct 2020.

Ministry of Electronics and Information Technology (MeitY) announces an AI Solution Challenge to Indian startups in the field of Artificial Intelligence to showcase their innovative AI solutions. The AI Solution Challenge will be organized in various fields such as healthcare, education, agriculture, and more.

This event is being planned in partnership with the AI industry and will give a platform to the best of AI Startups to showcase their products to the world and to VCs.

Applications will be invited on Innovate Platform of MyGov and will also be promoted on MeitY Startup Hub and Atal Innovation Mission, NITI Aayog. 15 best AI startups will be selected by a Jury comprising of experts from Industry, Academia, and Government for an AI Showcase on 6th Oct 2020.

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The applications will be open for submission till September 24 and the top winners in each category will get cash awards of Rs 20 lakh each.

As part of the initiative, MeitY is organizing RAISE 2020 – Responsible AI for Social Empowerment 2020, a Global Summit on Artificial Intelligence to be held virtually from 5th Oct to 9th Oct 2020.

Experts from Industry, Academia, and Government from all across the world will be participating in this global summit, which will bring together all stakeholders on Artificial Intelligence on one platform. 

There will be a two stage Selection Process:

• 1st Stage - Screening of eligible entries
• 2nd Stage - Evaluation by Jury, with actual Demo

The applicant needs to apply only online to submit their proposals by registering and logging on the MyGov portal: www.mygov.in. The AI Solution Challenge will be available on innovate.mygov.in/ai-challenge/

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The need for such a challenge has arisen as digital transformation has accelerated manifold in the last few months as COVID-19 has brought to the fore the importance of technologies including AI in addressing the healthcare crisis, restarting supply chains, enabling online education, and almost every aspect of the economy.

The Indian government believes AI has the power to solve many societal challenges and be an enabler for inclusion, there is a need to promote and identify such innovative solutions.

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