Demonstrated Innovations are in the fields of health, assistive tech, agriculture, energy, robotics, water, space technology etc.
Bengaluru’ December 21, 2018: Winners of thelndia Innovation Growth Programme j^’GP) 2.0, showcased their award winning technologies under a Demo Day held in today. The innovations included 12 industrial and 4 social sector technologies, from 2017 and 2018.
The India Innovation Growth Programme (IIGP) 2.0 is a unique tripartite initiative of the Department ofScience and Technology (DST), Government of India, Lockheed Martin and Tata Trusts. Supporting the Government of India’s missions of’Start-up India” and “Make in India”, IIGP 2.0 enhancesthe Indian innovation ecosystem by enabling innovators and entrepreneurs through the stages of ideationand innovation, to develop technology-based solutions for tomorrow.
Winners of India Innovation Growth Programme HIGP 2.0) showcase award winning technologies as part of Demo Day
Complemented by several implementation partners, Federation of Indian Chambers of Commerce and Industry (FICCI), Indo-US Science and Technology Forum (IUSSTF), Centrefor Innovation Incubation andEntrepreneurship (CIIE) at IIM Ahmedabad, Indian Institute of Technology Bombay and the Tata Centerfor Technology and Design at the Massachusetts Institute of Technology; the programme aims to buildan innovation pipeline in India through a high-impact programme focused on the social and industrialinnovation ecosystem.
Launched in 2007, India Innovation Growth Programme (11GP) has been one of India’s longest standing public-private partnerships. The programme has provided mentoring and handholding assistance to over400 innovators coming from diverse sectors from across the country; generated over 350 commercialagreements and over $900 Million of economic value for India. (Source: Second Impact Analysis Report byEmst & Young in 2015).
Through two annual parallel tracks viz University Challenge and Open Innovation Challenge, IIGP 2.0 identifies and supports both industrial and social innovations.
As part of the Demo Day event, 16 start-ups made presentations about their technologies and also interacted with potential investors and the wider startup ecosystem of Bengaluru. These start-ups attended an intensive one-week bootcamp at IIMAhmedabad which included classroom sessions focused on measuring financial performance, financial valuation, design thinking, leadership, business models, pricing, etc. as well as’one-an-onementoring sessions, pitching training and networking opportunities. 1Ostartups’in2017and16″start ups in 2018 were selected as winners and received grants worth INR 25 Lacs each as well as an opportunity to participate in an intensive global exposure visit to the United States of America to learn and access the US start-up ecosystem.
City Today News
(Tj vision media)