The challenges involved in the success of the youth in the technology entrepreneurship space are:
• Identifying market opportunity for the Technology Product
• Managing Innovation - Idea to Prototype
• Managing Resources -- Team, Technology and Funding
• Reaching to Global Markets
• Managing Growth
• Leveraging Networks
These entrepreneurs need suitable support and motivation from Industry, Incubators and Governments.
The Intel DST Asia Pacific Challenge is organized by Asia Pacific Incubation Network (APIN) with the support from Intel & National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology, Government of India.
The programme is organized across 10 countries that include Bhutan, India, Indonesia, Japan, Korea, Malaysia, Philippines, Sri Lanka, Thailand and Vietnam.
The Intel DST Asia Pacific Challenge focuses on identifying High Tech, High Growth technology innovations addressing the larger issues currently faced by the society in the sectors like Health and Biomedicine, Biotechnology, IT in Agriculture, Education, Energy, Environment and Climate Technology, IT for Disabled, Electronics and Communication & a Country Specific Theme addressing issues related to women, youth, unemployment etc. across these Countries.
The programme will reach to individual innovators and technology start-ups which had developed solutions and models to address the social issues and will put these innovations in the eco system to connect these products to the masses across the Asia Pacific region.
The selected twenty teams during the 1st round will undergo an intensive mentoring programme and the two out of these twenty teams will participate in the Intel-University of California, Berkeley Technology Entrepreneurship Challenge Programme during November at Berkeley.
The details of the programme may be viewed at www.inteldstchallenge.com