Reality Show For Indian Startups To Launch In October
Reaching the next level!
As said by the ever popular personality Arun Jaitley, Union Minister of Finance and Corporate Affairs, “Entrepreneurs need freedom from the state.”
TV Reality Show “The Vault” could truly be the next big thing the country needs. With the growing attention that the startups around the country are constantly getting, why not just air it?
The search for investments and funding for your phenomenal brainchild ideas has now become easier. “The Vault” gives fresh entrepreneurs the opportunity to display your work on a platform that reaches every household in the country, literally!
The televised series is open to a wide range of individuals including SMEs, the student community, household and rural ventures. Even startups at an incubation stage are allowed to participate! The Vault will not only provide an insight into the huge startup world growing between our eyes but also provide a platform for entrepreneurs-in-the-making to pitch their innovative business ideas, to a panel of investors and secure on-the-spot funding. Yeah! you read that right, ON-THE-SPOT funding, which is quite an eye-widener to individuals running around with their pitch for years, hoping to hit that right angel in the heart.
The Vault promises to finance of up to Rs 1cr,along with giving entrepreneurs an added benefit to expand their reach to the Indian audience. That’s like a joint marketing & finance genie!
The Anticipated Success
Professionals from across various industries have always uplifted entrepreneurs with their kind words of encouragement and motivation.
“Entrepreneurship is no longer being condemned as jugaad.”- Nirmala Sitharaman, MoS, Commerce and Industry.
“The linear model of the creation of wealth is being replaced by the exponential model of startups.” – Krishnaswamy Vijay Raghavan, Secretary, Biotechnology
As quoted by JatinGoel, Creator, The Vault, “The Indian entrepreneurial landscape is currently at its peak. While India has the third-largest and the fastest-growing startup ecosystem in the world, the growth witnessed by SMEs and household & rural businesses also indicates that there are many more milestones yet to be achieved. The Vault is a first-of-its-kind initiative towards developing a robust environment that fosters innovation and drives growth for promising business ideas irrespective of the sector they operate in. It is a platform which will not only provide the capital, but also the right mentorship to ensure that innovative business ideas are able to take root and reach their real potential.”
All set to air this year in October, a total of 50 ideas will be shortlisted and they will be given the chance to make a pitch to investors during the show.
Last day to apply is 31 August.
We are thoroughly excited about this national platform that will surely prove to be a phenomenal avenue for startups across the country. Do you think it’ll be a success? Please share your thoughts in the comments section below.
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