Indian Economy News

Swachhata Startup Challenge launched to promote an enabling environment for development startups and entrepreneurs in the waste management sector

On January 27, 2022, the government, in partnership with the Department of Promotion of Industry and Internal Trade (DPIIT), announced the "Swachhata Startup Challenge" to promote an enabling environment for waste management businesses and entrepreneurs. The quality of solutions presented by startups working in the domains of (i) Social Inclusion (ii) Zero Dump (iii) Plastic Waste Management and (iv) Transparency will be evaluated. The scheme calls for the 10 best startup solutions to be chosen, with each of them receiving a financial grant of Rs. 25 lakh (US$ 32,663) and a year of dedicated incubation support.

According to the instructions for the "Swachh Technology Challenge," all Urban Local Bodies (ULBs) performed the challenge and submitted their two best solutions to the states, who then evaluated the entries to select the top three. In addition to award money and state/city recognition, ULBs around the country must provide implementation support to winning solutions startups.

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