Herald: Chief Minister’s Start-Up Competition winners announced

Chief Minister’s Start-Up Competition winners announced

16 Jun 2017 05:45am IST
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16 Jun 2017 05:45am IST

Brushflicks emerges winner; Intellis, Adrocid bag second and third spot respectively

Team Herald 

PANJIM: Farheen Sayed of Brushflicks emerged as the winner of the second Chief Minister’s Start-Up Competition. Intellis and Adrocid came second and third respectively. Chief Minister Manohar Parrikar gave away the prizes to the winners and commendation certificates to all the ten finalists in the presence of EDC chairman and Panjim MLA, Sidharth Kuncalienker.

Speaking to the Herald, the winner of the competition, Farheen Sayed said, “It is quote of Albert Einstein which I love and try to adopt in my life which is -- Whatever your mind can conceive, it can perceive. I just kept imagining that I will win this competition and probably this positive approach helped me.” Ms Sayed bagged prize money off Rs 5 lakh.

Amit Tamba from Intellis, which won the second prize of Rs 2 lakh said, “Now it is all about credibility as our work has been appreciated in a big forum. Immediately after the announcement of the prizes, we were approached by a venture capitalist as one of our products is already being used by one of the panchayats in the State.”

Director of Androcid, Prajyot Mainkar who received the third prize of Rs 1 lakh told Herald, “I am happy to the bag third place in Goa CM's prestigious start-up competition. It is a great feeling and credit goes to all the Androcid team members who have supported me in this vision. We know it’s a start and we want to continue building world class apps, something we are known for."

During the year 2016, EDC Ltd had conducted a competition among technology start-ups. This competition was so successful that the first prize winner received equity investment of Rs 3 crore from a private investor. 

EDC then went ahead with a similar competition in 2017 but in general category of start-ups. The present competition received applications from 38 participants. In order to broaden the awareness of the competition, EDC collaborated with “Goa State Innovation Council”, Government of Goa. It also associated Don Bosco College of Engineering, Fatorda in the process.  

Entire concept of Chief Minister’s Start-Up Challenge - 2017 was conceived by Santosh R Kenkre, vice chairman, EDC. 

The innovative concept was taken forward by the then managing director of EDC Limited, Arvind Ghatkar and was well assisted by B S Borkar, DGM, EDC.

The applications were scrutinised in the first round and the best ten entries were selected. A panel of judges comprising of businesspersons, technology experts, academicians, investors, etc was formed to evaluate the shortlisted start-ups.
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