IIGP 2.0 Stakeholder Interview Series (Part 1): Q & A With Phil Shaw, Chief Executive, Lockheed Martin India

The India Innovation Growth Programme (IIGP) 2.0 is a tripartite initiative of the Department of Science and Technology (DST), Government of India, Lockheed Martin and Tata Trusts. Through its eminent stakeholders and implementation partners, the IIGP 2.0 aims to foster innovation-led entrepreneurship in the country.

We interviewed each of the programme stakeholders to gather their thoughts on the current state of India’s startup ecosystem, and how the IIGP 2.0 is uniquely poised to nurture and drive transformational change of India’s entrepreneurial economy.

Lockheed Martin has been a sponsor of the India Innovation Growth Programme since its launch in 2007. Headquartered in Bethesda, Maryland, Lockheed Martin is a premier systems integrator and global security enterprise principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

The following are excerpts from our conversation with Mr. Phil Shaw, Chief Executive, Lockheed Martin India.

What do you think about the current startup ecosystem in India?

Through the India Innovation Growth Programme, Lockheed Martin’s been supporting the Indian startup ecosystem for more than a decade and it’s never been stronger. But we’ve seen a surge in interest since the Indian government commenced the Start Up India initiative.

That interest in entrepreneurialism is growing globally too, but there’s a tremendous ingenuity and entrepreneurial spirit in India that we want to help foster.

Why is there a need for a program like IIGP?

The India Innovation Growth Programme is unique in that it connects start-ups with industry, academia and government and supports them whilst they’re finding their feet. It’s about helping innovators and entrepreneurs make their concepts a reality – taking them from idea, to a product and onto manufacturing.  

In turn, that will help enhance the growth and development of India’s entrepreneurial economy and accelerate innovative new Indian ideas into markets in the United States and around the world.

How is IIGP different from the other Programs?

The India Innovation Growth Programme is unique in its longevity. Lockheed Martin has been backing this initiative for more than a decade and it’s the longest running public-private partnership in India.

The other way it differs is its focus on teaching and using world-class commercialisation strategies. IIGP has enabled new ideas to cross international borders as we recognize, reward and promote the tremendous entrepreneurial spirit that exists in India. The program fully aligns with the Government of India’s Innovation and Start-up Missions and is committed to supporting as many entrepreneurs in India as possible.

How has IIGP evolved in the last decade?

We launched the India Innovation Growth Programme in 2007 and, recognizing its potential, the Government of India’s Department of Science and Technology joined us as a co-sponsor soon after its inception.

In 2017 we announced the launch of IIGP 2.0 when we were joined in this program by a new partner, Tata Trusts, one of the most distinguished philanthropic institutions in India.  Our new partner helps IIGP specifically to support innovations to address social challenges.

The program has been restructured to better nurture the Indian innovation ecosystem by providing incubation support, including seed funding for start-up businesses to enhance their success, thus addressing a critical gap faced by innovators and entrepreneurs.

But the most visible way the program has evolved is in the number of applicants the scheme receives each year. From approximately 100 applications received in 2007, we’re now seeing over 3000 applications a decade on.

How is IIGP changing the current startup ecosystem in India? How you believe is IIGP bringing a positive change in India?

Simply put, we think the India Innovation Growth Programme is the flagship initiative for encouraging new ideas and entrepreneurialism and it has changed the fabric of India’s start-up scene.

Since launch of the IIGP program in 2007, more than 7,000 innovative technologies have been evaluated and we have provided over 400 Indian innovators with in-depth technology, commercial training and business development support.  An Ernst and Young report commissioned in 2015 concluded that IIGP had been responsible for generating revenue of INR 5,239 crore (approx. US$ 860 million) for the participating companies – that’s likely to have exceeded US$1bn three years later.  In addition, more than 500 individual business engagements agreements have been signed – connecting innovators to industry partners.

What should applicants expect out of IIGP?

The possibility that they can turn their ideas into reality. The entrepreneurs who have nurtured their innovations and creative applications are now ready to take them to the next level.  This is perhaps the most gratifying part of the program, to see the tremendous potential that begins to take shape as business deals are signed.

Do you have any message for the current and future participants?

I’d like to congratulate our entrepreneurs who will be taking this critical next step today and offer strong words of encouragement to those whose big opportunity is waiting just around the corner.  I wish you all the very best.

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.