Dreamvestor Launch

The Department of Industries and Commerce launched an initiative named “DREAMVESTOR” to provide opportunity for aspiring entrepreneurs to pitch their unique business ideas and explore the opportunities in the growing business world. The launch event was held on 24th November at the Mascot Hotel in the esteemed presence of the Hon’ble Minister for Industries, Law & Coir Shri. P. Rajeeve. The Principal Secretary, Industries Shri. A.P.M Mohammed Haneesh IAS and Director, Directorate of Industries and Commerce, Shri Harikishore S IAS were also present at the event.

Hon’ble Minister said that the initiative was designed with the aim to help entrepreneurs between the age of 18-35 to build better connections for their business endeavors and open new doors to the investment world. During the event, the Director briefed about the procedure for submitting the application through online portal and mentioned that the aim of this program was to promote new talents who have unique and innovative business ideas. The game has 4 levels in total and the ideas which reach the final stages will be granted financial rewards up to Rs. 5 lakhs.

Level 1: All contestants are required to submit their innovative business ideas by 23rd December 2022, to be considered for Dreamvestor’s first round.

Level 2: The selected 100 entries should send pitch elevator videos about their business plan that do not exceed more than 2 minutes. Last date to upload this is on 30th January 2023.

Level 3: Their will be 50 contestants chosen for the third round of Dreamvestor. The chosen participants at this round must outline their marketing plans for the business plan by 12th February 2023.

Level 4: 20 finalists will be presenting their business plan to the jury members of Dreamvestor offline on 1st March 2023.

The reward for the 1st prize winner shall be Rs. 5 lakhs, 2nd prize winner shall be Rs. 3 lakhs and the 3rd prize winner shall be Rs. 2 lakhs. The next 7 finalists and the remaining 10 finalists shall be receiving a prize money of Rs. 1 lakh and Rs. 25,000 each respectively.