New Delhi, August 02, 2018: The India Innovation Growth Programme (IIGP) 2.0, a tripartite initiative of the Department of Science and Technology (DST), Government of India, Lockheed Martin and Tata Trusts announced the winners of the 2018 edition today in New Delhi. The winners were chosen from among 3,000 applicants who proposed innovations to create large scale social impact and bring industrial transformation in India.
IIGP 2.0 is implemented by several supporting partners; Federation of Indian Chambers of Commerce and Industry, Indo-US Science and Technology Forum, Center for Innovation Incubation and Entrepreneurship at IIM Ahmedabad, Indian Institute of Technology Bombay and Tata Center for Technology and Design at Massachusetts Institute of Technology.
After the second consecutive year of IIGP 2.0 at the Festival of Innovation at Rashtrapati Bhavan earlier this year, this renewed programme aims to support Government of India’s ‘Start-up India’ and ‘Make in India’ initiatives.
The winners have been awarded an amount of Rs. 25 lakhs each.
Winners from social innovations category:
Winners from industrial innovations category:
The winning innovations were evaluated by an esteemed set of jury members on select parameters. Technological innovation, sustainability of the proposed solution, unique value/proposition, development status, social impact and funding required for technology development amongst others were some of the parameters.
A total of 3000 applications were received and evaluated across areas such as assistive technology, healthcare, clean energy, cyber security, data analytics, space technology, education, sanitation, internet of things, fintech etc.
In the last month, the shortlisted top 50 Open Innovation Challenge teams were invited for an intensive 1 week Boot Camp at the Indian Institute of Management, Ahmedabad.
Prof. Ashutosh Sharma, Secretary, Department of Science and Technology said, “DST is key partner of the IIGP 2.0, a unique collaborative program to harness transformative ideas and solutions. IIGP offers an enabling platform to nurture and scale up these ideas through its national and international partners. The program enriches the innovation to commercialization value chain and strikes a balance in tapping innovations of excellence as well as relevance required for the socio-economic development of the country’’
Speaking at the event, Phil Shaw, Chief Executive, Lockheed Martin India, said, “Through the India Innovation Growth Programme, Lockheed Martin has been supporting the Indian start-up ecosystem for more than a decade and it’s never been stronger. We think this partnership is the flagship initiative for encouraging new ideas and entrepreneurship and it has helped changed the fabric of India’s start-up scene. Since the launch of the programme in 2007 more than 7,000 innovative technologies have been evaluated and we have provided 400 Indian innovators with in-depth technology, commercial training and business development support. We congratulate today’s winners and want to encourage the next wave of innovators and entrepreneurs to come forward.”
Mr. Manoj Kumar, Head, Innovation and Entrepreneurship, Tata Trusts & CEO, Social Alpha said, “As we continue to build on Tata Trusts’ legacy of promoting science and technology research in India, we believe that initiatives like IIGP can open up multiple opportunities for entrepreneurs to translate their innovations into high impact solutions, that benefit the poor and underserved at scale. We are happy to announce the winners of IIGP 2.0 who have demonstrated that their high quality technology innovations have the potential to solve some of the most complex challenges that the country faces today and hope that this platform will continue to foster the spirit of entrepreneurship, improving the quality of life for millions"
The winners will receive advanced training from leading academia for product commercialization, readiness for market, business models, Intellectual Property rights, competitive positioning and mechanisms for revenue. Additionally, training will be provided in technology commercialization strategies and entrepreneurship; analysis of commercial potential of their technology; professional business development assistance, and access to US and global investor markets.
About Department of Science and Technology (DST)
Department of Science and Technology (DST) plays a pioneering role in driving the Science, Technology and Innovation (STI) development across various domains all over the country. DST has a multipronged approach and multifarious initiatives and activities, spanning from funding high-end basic and cutting edge research and technology development of excellence, to translation of innovation and scientific outputs to market through incubators and startup promotion. DST also focuses on inclusive growth and empowerment of society by deploying appropriate technologies of societal relevance. DST has established nearly 110 technology business incubators at Institutions of excellence including IITs, IIMs, NITs, and leading private universities. DST has recently rolled out a new umbrella initiative NIDHI i.e. National Initiative for Developing and Harnessing Innovations under Prime Minister’s National Initiative of Startup India to facilitate conversion of innovative ideas to startups. DST is actively involved in transforming the Indian innovation landscape by engaging new models of Public- Private Partnerships with leading MNCs i.e. Intel, Bennett Coleman and Co, Boeing, Lockheed Martin Corp, Texas Instruments, Tatas among others.
Social Media: Twitter: @IndiaDST Facebook: Department of Science and Technology
About Tata Trusts:
Tata Trusts is amongst India's oldest, non-sectarian philanthropic organizations that work in several areas of community development. Since its inception, Tata Trusts has played a pioneering role in transforming traditional ideas of philanthropy to make impactful sustainable change in the lives of the communities served. Through direct implementation, co-partnership strategies and grant making, the Trusts support and drive innovation in the areas of education; healthcare and nutrition; rural livelihoods; natural resources management; enhancing civil society and governance and media, arts, crafts and culture. Tata Trusts continues to be guided by the principles of its Founder, Jamsetji Tata, and through his vision of proactive philanthropy, the Trusts catalyze societal development while ensuring that initiatives and interventions have a contemporary relevance to the nation. For more information please visit http://tatatrusts.org/.
Social Media Twitter: @tatatrusts Facebook: Tata Trusts Instagram: tata_trusts
About Lockheed Martin:
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Social media: Twitter: @LMIndiaNews @LockheedMartin
For more information, please contact:
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