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`Incubation Scheme' contest from SGS Tech.

CHENNAI : SGS Technologies Ltd. has launched the `SGS Technologies Incubation Scheme' (SGS-TIS) with a corpus of Rs. 25 lakh to help young technologists who want to kick-start technology ideas into a business. The opportunity is thrown open as a contest to attract the best ideas through online submission at www.dreamzhunt.com. The top three winning ideas will be provided funding from the SGS-TIS corpus based on the merit of each project, plus a minimum 15 per cent stake in its respective ventures and infrastructure support, says a release.

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