India, March 27 -- The Government of India has issued a release:
Ministry of Electronics and Information Technology (MeitY) has initiated a project "Startup Challenge to develop Citizen-Centric Innovative Solutions using Blockchain and Web3".
It provide opportunities to Blockchain & Web3 Start-ups to build innovative government use cases using permissioned Blockchain. This challenge provides incentives to start-ups which are structured in four evaluation stages.
In Stage-1, the selected teams, move from Ideation to Proof of Concept (PoC), with up to 40 entries receiving Rs.1.5 lakh each. In Stage-2, shortlisted teams advance from PoC to Minimum Viable Product (MVP), where up to 30 entries are supported with Rs.4 lakh each.
In Stage-3, u...