The ‘Pitch-Up’ Youth Entrepreneurship Challenge, under the ‘MEERY’ project, financed by the World Bank and being implemented by the Ministry of Higher Education and Ministry of Economic Development is a competition to promote entrepreneurship among the youths.
The competition will fund and boost entrepreneurs and their businesses. Moreover, encourage young entrepreneurs to innovate feasible, profitable, and sustainable solutions.
It will also educate participants regarding informed risk-taking through innovation and entrepreneurship, and inculcate valuable skills through a boot camp that will train youth and women entrepreneurs and innovators on essentials of innovation, commercialization, building robust business models, and establishing and running successful businesses especially involving innovative technologies.
The ‘Pitch-Up’ competition will accept proposals in the fields of Information and Communication Technologies, Tourism, Tourism related construction, and Agriculture.
Participants can win financial grant assistance between MVR 150,000 to MVR 600,000 depending on the stature of the proposal.
Anyone aged between 18 to 35 years can apply for the competition. The applicants are required to submit their proposals to the BPC Portal via MEERY Project website.
Deadline for applications is 05th May 2021.