Those interested to take part in the contest need to submit a write up online, either in Hindi or English. Individuals and startups may select the challenges for which they want to make submissions in not more than five areas of challenges. The prize money allotted for startups is 10 lakhs for first place, 8 lakhs for second place and 6 lakhs for third place. As far as individual winners are concerned, the prize money allotted is 5 lakhs for first place, 4 lakhs for second place and 3 lakhs for third place.
“DRDO is organizing the second innovation contest ‘Dare to Dream 2.0’ on the 5th death anniversary of former President and DRDO Chief Dr APJ Abdul Kalam. The scheme is to encourage individuals and startups for innovation in defence and aerospace technologies in the country to effectuate the clarion call of ‘Atmanirbhar Bharat’ by Prime Minister Shri Narendra Modi,” says the DRDO website.