IIT Kharagpur begs India Innovation Tech award, Texas Instruments in collaboration with Department of Science and Technology (DST) proudly announce the DST & Texas Instruments India Innovation Challenge Design Contest 2017 anchored by NSRCEL, Indian Institute of Management, Bangalore (IIMB) and supported by MyGov.
The contest was open for all Indian engineering students pursuing undergraduate, postgraduate & Doctoral degrees with Indian engineering colleges.
In this contest, IIT Kharagpur has secured the Chairman Award for Technical Innovation in India. The award was given on Battery Health Management System with Integrated Charger by Texas Instruments India (TI), a TI statement said here yesterday. The IIT Kharagpur figured on top among the 10 winning teams of one of the country’s most popular design contests for engineering students.
The evaluation was based on the evaluation framework designed by IIMB in collaboration with TI. Business Potential and Technical Innovation forms the base of the evaluation framework. The evaluation panel was comprised of stalwarts from Startup Ecosystem, Industry Leaders, and Domain experts. There were 4 rounds – Phase I and Phase II qualifying rounds, Quarterfinals, Semifinals and Finals which were held on different dates.
More than 15,380 students of 965 colleges took part with30 teams have made it to the final after a rigorous selection process. This year’s edition has witnessed 34 patents filed by the participants across domains like agriculture, health, vehicle safety, IOT, automation, security and eco-friendly appliances, the statement said.
In a year-long challenge, the participants were mentored by TI and IIMB. While TI provided technical resources and guidance throughout the contest – from free tools, technical guidance and mentoring, to help the student develop their prototypes -DST provided funding of Rs. 3.5 crore to the student start-ups, which went towards the product development process and seed fund. The Texas Instruments is a global semiconductor design and manufacturing company which develops analog ICs and embedded processors.
Sir M Visvesvaraya Institute of Technology of Bengaluru, won the first runners-up for their innovation Underwater and Airborne Unmanned Autonomous Vehicle. Bhartiya Vidya Bhavan’s Sardar Patel Institute of Technology of Mumbai has adjudged the second runners-up award on their innovation Health Set.
The announcement was made at the grand finale at IIM Bangalore on August 10 in the presence of Dr. S D Shibulal, co-founder of Infosys, Dr. Anita Gupta, Adviser and Associate Head, National Science & Technology Entrepreneurship Development Board (NSTEDB) and the Department of Science and Technology of the union government.
The winners qualify for an Rs. 3.5 crore start-up seed fund from the Department of Science and Technology (DST) and an opportunity to be incubated at IIM Bangalore’s innovation and entrepreneurship hub N S Raghavan Centre for Entrepreneurial Learning (NSRCEL). The final 10 winners were chosen after several rounds of discussions and deliberations by a panel of judges.
Gunit Singh Chabbra of IIT Kharagpur said, “to be one of the top 10 winning teams is absolutely thrilling. IICDC is a once-in-a-lifetime experience and I would encourage students who love technology, have a great idea and want to be entrepreneurs, to definitely give it a shot.”
AWARDS AND FUNDING:
Certificates from TI &NSRCEL, IIM Bangalore
Participation Certificate in Qualifying Round & Quarterfinals
Certificate of Excellence in Semifinals and Finals
Certificate after Incubation at NSRCEL, IIM Bangalore
Overall Prizes and Funding of INR 3.5 Crores
Opportunity for a team to win INR 32 Lakhs for their team
Cash Prize for Best Women team