Taiwan Government invites applications for the Global IDEATHON Contest for the 1st time in India 

• Submissions are accepted until July 15, with each participant or team allowed up to three entries
• Organised by the Ministry of Digital Affairs (#Taiwan), this global event invites forward-thinking ideas with attractive prizes up to NT$2.6Mn up for grabs

New Delhi, 27th June 2024: The Circle FC, in collaboration with Muse Builder successfully hosted the curtain raiser and networking mixer for the 3rd Edition of the IDEATHON Contest of the Ministry of Digital Affairs of Taiwan. The IDEATHON provides an opportunity for Indian innovators to be part of a global contest. Held on 1st June, at The Circle Work in Gurugram, the event drew a diverse group of founders, entrepreneurs, and innovators eager to engage with the theme of ‘WeWe Future 2040 Extended Intelligence’. The contest encourages participants to explore groundbreaking ideas on how artificial intelligence and technology can seamlessly integrate with human life, with a total prize pool of NT$2.6 million up for grabs.

The event was marked by an informative seminar by Yani Lee, Founder & Investor at Muse Builder, who provided an in-depth overview of the IDEATHON Contest, sharing key details and insights about this year’s theme.

Nemesisa Ujjain, VP & Head of The Circle FC, remarked, “We are excited about the enthusiastic response to our 1st India Taiwan initiative – IDEATHON Contest. We are committed to promoting Indian ideas on the global stage, and believe that this is a great opportunity to impact the future of human-machine extended intelligence.”

Yani Lee, Founder & Investor of Muse Builder, stated, “India is a place with magic and talent. Fabulous things are happening now. We are thrilled to foresee the co-creation between India and Taiwan for positive value to our community,  environment and society.”

Submissions are open till July 15, with each participant or team allowed up to three entries. The process is simple, requiring basic information and a brief idea description, complemented by a powerpoint presentation or a video. Shortlisted entries will undergo mentoring with expert guidance. Participants are urged to express their visions for a more inclusive and technologically advanced society.

Additionally, participants will have an opportunity to win significant cash prizes, including the Golden Idea Award (NT$70,000 for 10 recipients), Idea Award (NT$10,000 for 100 recipients), and Good Idea Award (NT$30,000 for 30 recipients). Winners will be invited to Taiwan for the award ceremony.

About The Circle: Founders Club

The Circle: Founders Club is a business accelerator to help scale up growth-stage startups through focused mentoring, shared business services, funding support, key business connects for domestic and global market access. It is backed by Hunch Ventures, a VC fund based in Delhi NCR.

To know more – https://www.thecirclefc.com/