New Cities Foundation, Oasis500 launch start-up competition in India


New Cities Foundation and Oasis500 have announced the launch of Omraan in India, a global competition for tech start-ups and innovators rewarding the best urban technology ideas with $30,000 worth of seed funding and a 100-day acceleration programme in Amman, Jordan.

Omraan, meaning ‘building’ in Arabic, is a unique initiative aimed at identifying and rewarding aspiring Indian entrepreneurs who are developing promising technologies that tackle urban challenges with particular relevance to urban environments in West Asia.

Omraan is a global call for new technology ideas, aimed at identifying and rewarding aspiring entrepreneurs developing promising technologies that tackle urban challenges.

Through a combination of seed funding and acceleration, Omraan’s mission is to nurture the most creative and forward thinking technology start-ups from across the globe, and develop their ideas into concrete projects that solve challenges facing cities.

Source : http://www.thehindubusinessline.com/features/smartbuy/new-cities-foundation-oasis500-launch-startup-competition-in-india/article6213332.ece

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