Winners of IIGP 2.0 Open Innovation Challenge 2018 Announced

Following a rigorous weeklong bootcamp at IIM Ahmedabad, the 50 finalists of the IIGP 2.0 Open Innovation Challenge 2018 presented their innovations to an expert jury panel at an Innovators Competition on 1-2 August 2018 in New Delhi. The 4 top teams from the previous year’s University Challenge also competed alongside the 50 finalists. Based on their performance, the jury panel comprising of industry experts and IIGP 2.0 stakeholders announced 16 teams (8:social, 8:industrial) as winners of the Open Innovation Challenge 2018. The winners of both the University Challenge and Open Innovation Challenge 2018 were felicitated at a grand awards ceremony in New Delhi on 2nd August 2018 where Prof. Ashutosh Sharma, Secretary, Department of Science and Technology (DST) graced the ceremony as the chief guest. 

Prior to the main awards ceremony, key leaders from the Indian entrepreneurship ecosystem were brought together on the same platform for a panel discussion on “Innovation and Start-up Ecosystem in India”. Mr. Anand Sudarshan, Chair, FICCI Start-up Committee & Founder, Sylvant Advisors chaired the esteemed panel, which included panelists such as:

  • Mr. Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion (DIPP), Govt. of India
  • Mr. Harkesh Mittal, Adviser, Member Secretary National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology, Govt. of India
  • Mr. Ganesh Neelam, Executive Director – CINI, Associate Director, Tata Trusts and Director, Social Alpha
  • Dr. Robie Samanta Roy, Vice President, Technology and Innovation, Lockheed Martin Corporation
  • Mr. Deepak Bagla, Managing Director and CEO, Invest India
  • Ms. Anna Roy, Adviser (DM&A, Industry), NITI Aayog  

The Open Innovation Challenge of IIGP 2.0 aims to enhance the growth and development of India’s entrepreneurial economy by training innovators in world-class commercialization strategies, offering support for incubation and assist in business development, ultimately taking innovative Indian technologies to the global marketplace. This year’s winners represent start-up businesses with outstanding innovations that have the potential to generate economic and social value for the nation.

In addition to the grant funding of INR 25 Lacs each awarded to the winners, the IIGP 2.0 will continue to nurture their innovations through opportunities for participation at demo days and international exposure visits amongst other non-financial benefits. 

 

Winners of IIGP 2.0 University Challenge 2018 Announced

At the recently concluded IIGP 2.0 University Challenge Downselect Competition, the Top 40 student teams presented their innovations to an expert jury panel at IIT Bombay over 29 – 30 June 2018. Based on their performance, the top 15 teams (7:social; 8:industrial) have been selected as winners of the IIGP 2.0 University Challenge 2018. These winning teams represent the best from leading universities in the Tier-I, Tier-II and Tier-III cities in India.

Through the University Challenge, IIGP 2.0 aims to nurture and develop the innovation ecosystem across universities in India, giving aspiring young minds a platform to create high quality and commercially viable solutions. We are extremely pleased with the overwhelming response from students this year, and are excited to see how the winners will take India’s development story into the future.

The winning teams will be felicitated at a grand awards ceremony at New Delhi on 2nd August 2018. 

 

IIGP 2.0 2018 Edition: Top 50 Open Innovation Challenge Teams Announced

The Open Innovation Challenge of IIGP 2.0 aims at enabling individual innovators and startups in India to develop technology-based solutions that have the potential to drive lasting social impact or industrial transformation. This year, the Open Innovation Challenge saw overwhelming participation from the technology community with compelling solutions for India’s development sector challenges, and specific solutions for the industrial sector. From a pool of 2500+ applications, the top 50 teams (25: social, 25: industrial) have been shortlisted, and will advance to the next stage.

The 25 social sector teams have been shortlisted for innovations in the key sectors of agriculture and rural Livelihoods, clean energy, affordable healthcare, safe drinking water, sanitation and waste management, among others. The 25 industrial sector teams represent innovations in data analytics, Internet of Things, cyber security, energy and power technology, etc.

India’s budding culture of innovation and entrepreneurship is reflected in the fact that the shortlisted teams this year not only represent companies from Tier I cities of New Delhi, Mumbai, Bangalore, Chennai, and Hyderabad but also Tier II and Tier III cities of Jodhpur, Ernakulam, Indore, Ghaziabad, Patiala, Thane, Rajkot, Ahmedabad, Pune, Varanasi, Faridabad, North 24 Parganas, Bhubaneswar, Pondicherry, Gandhinagar, Gurgaon, Poonch, and Kollam. The IIGP 2.0 provides a platform for India’s growing entrepreneurial economy to take their ideas into the global marketplace by providing incubation support, business development assistance, and teaching excellent commercialization strategies; in addition to the financial grants.

The top 50 teams were shortlisted through an evaluation process based on predefined parameters including problem identification, relevance of the solution to the identified problem, innovation impact, financial sustainability and operational scalability of the business model, roadmap, leadership, and unique value proposition of the product/service being offered as a solution. Additionally, the scale of social impact (for social innovations) and market advantage (for industrial innovations) were considered.

The shortlisted teams now receive an opportunity to participate in a rigorous week-long bootcamp at IIM Ahmedabad. Up to 16 top teams will be selected as winners of the IIGP 2.0 Open Innovation Challenge at an Innovators Competition from 1-2 August 2018 in New Delhi.

We will shortly announce the winners of the IIGP 2.0 University Challenge. Stay tuned for the update, and feel free to reach out to us at innovations@indiainnovates.in for any queries.

IIGP 2.0 2018 Edition: Top 40 University Challenge Teams Announced

The IIGP 2.0 University Challenge 2018 received commendable participation from students across India with over 700 applications for breakthrough science & technology innovations spanning industrial and social sectors. Given the exceptional turnout of applications this year, the top 40 teams (20: social, 20: industrial) instead of 30, have been shortlisted and will advance to the Ideation Phase of the University Challenge.

The 20 social sector teams have been shortlisted for innovations in the key sectors of agriculture, healthcare and water, and the 20 industrial sector teams represent innovations in environment tech, environment-friendly housing, unmanned aerial/underwater vehicles, energy tech, space debris management, virtual/augmented reality etc.

With the University Challenge, the IIGP 2.0 aims to build a robust technology and innovation ecosystem in India, starting at the university level by fostering and supporting student entrepreneurs and innovators from the length and breadth of the country. It is extremely encouraging to see that the 40 shortlisted teams this year represent leading universities from Tier I cities of Mumbai, New Delhi, Bangalore, Calcutta and Chennai but also Tier II and Tier III cities of Bhopal, Bhubaneswar, Kochi, Wardha, Pondicherry, Vanasthali, Dehradun, Srinagar, Belgaum, Sambalpur, Jalandhar, Allahabad, Coimbatore, Tiruchirappalli, Patiala and Kharagpur.

The top 40 teams were shortlisted through a highly competitive evaluation process based on predefined parameters including technical/conceptual design that considered the advancement in state of the art for the selected technology and risk involved, the need for the innovation, design/build/cost estimates, team dynamics, market assessment and creativity.

The teams now receive an opportunity to pitch their innovations to an expert jury panel at the 2-days University Challenge Downselect Competition at IIT Bombay, 29-30 June 2018. Based on their performance, the winners of IIGP 2.0 University Challenge 2018 will be selected.

Stay tuned for the announcement of the top 50 Open Innovation Challenge teams, and other updates from IIGP 2.0. Please feel free to write to us at innovations@indiainnovates.in for any queries.

IIGP 2.0 2018 Edition: Program Duration and Timeline

IIGP 2.0 solicits applications via two parallel tracks annually: University Challenge (UC) and Open Innovation Challenge (OIC). This post details the duration and timeline of important events and announcements for each track.

University Challenge

21st March 2018: Nationwide call to individual students/teams across academic institutions to submit their applications online for both social, as well as industrial innovations in 13 topics.

18th May 2018: Last day for submission of applications.

6th June 2018: Expected completion of online evaluation of applications by multiple experts from IIGP 2.0 partners.

7th June 2018: Announcement of up to 30 Top UC teams.

7th – 30th June 2018: Virtual mentoring by IIT Bombay.

30th June 2018: Opportunity for Top 30 teams to pitch innovations to a jury panel at an Innovators Down-select Event at IIT Bombay.

31st July 2018: Awards ceremony; up to 10 selected teams receive research grants worth INR 10 Lacs each.

Apart from grants, top 10 UC teams get an opportunity to participate in a Design Thinking Workshop, and receive mentorship and periodic feedback through monthly/quarterly reviews by assigned mentors from IIT Bombay.

Based on team progress in UC year 1 and at the discretion of IIGP 2.0 partners, up to top 10 teams get an opportunity to attend a bootcamp at IIM Ahmedabad alongside the OIC Top 50 teams of the next year. These teams get an opportunity to pitch and up to 4 teams may be awarded INR 25 Lacs at an Innovators Competition.

Open Innovation Challenge

21st March 2018: Nationwide call to entrepreneurs to submit their applications online for both social, as well as industrial innovations under 10 social and 11 industrial sector topics.

18th May 2018: Last day for submission of applications.

19th June 2018: Expected completion of online evaluation of applications by multiple experts from IIGP 2.0 partners. 

20th June 2018: Announcement of up to 50 Top OIC teams.

16th – 21st July 2018: Top 50 teams from OIC 2018 and up to 10 top teams from UC 2017 attend a weeklong bootcamp at IIM Ahmedabad.

30th – 31st July 2018: Pitching sessions at an Innovators Competition for Top 50 teams from OIC 2018 and up to 10 top teams from UC 2017.

31st July 2018: Awards ceremony; up to 16 teams selected as IIGP 2.0 OIC winners.

10th – 17th September 2018: Global exposure visit for winners and an opportunity to interact with scientists, entrepreneurs, and investors from IIGP 2.0 partner ecosystem in the USA.

November 2018: Technology Expo & Investor-Innovator Meet 1.

March 2019: Technology Expo & Investor-Innovator Meet 2.

Please note that these timelines are subject to change. If you have any questions related to the programme, visit our FAQ section or write to us at innovations@indiainnovates.in