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Hyderabad: Progress
Software India, a global software company, is hosting the
'Start-up Weekend' from Nov 16 to 18 at its campus here to create
and nurture a start-up ecosystem in the country.
The winning ideas will get an entry to compete at the Global
Start-up Battle scheduled to be held in Rio, Brazil.
The Startup Weekend will be hosted in over 100 cities with more
than 10,000 participants and 1,200 teams across the globe and the
winning idea will get an opportunity to compete on a global
platform, said a company statement Thursday.
The participants will pitch their ideas Friday and the top 10
pitches will be selected by voting. The teams will be formed on
the basis of selected ideas.
The selected teams, over the next two days, will interact with
mentors, target and acquire customers and try to build a minimum
viable product.
All the teams will get an opportunity to make presentations before
a team of entrepreneurs, venture capitalists and angel investors,
who will select the top three ideas.
"This platform provides a great opportunity to all the
participants to get a global exposure," said Ramesh Loganathan,
vice-president (products) and centre head of Progress Software.
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