Business World | 20 July, 2017 |
Collaboration with IIM Bangalore and the Department of Science and Technology will mentor students and fund winning teams with INR 3.5 crore for start-ups
Texas Instruments (TI) today (20 July,2017) announced the launch of the second edition of India Innovation Challenge Design Contest (IICDC 2017). TI will continue the collaboration with the Indian Institute of Management Bangalore (IIMB) and Department of Science and Technology (DST) to nurture innovation and consistent with the goals of the Make in India program. Last year, IICDC 2016 attracted registrations from 11,000 engineering students across 624 colleges in India. During IICDC 2017, TI will provide resources and in-depth technical training program throughout the contest. DST will provide Rs 3.5 crores to the student start-ups for prototyping and seed funding. NSRCEL at IIM Bangalore will provide business mentoring and incubation support. MyGov, the government’s online portal, will be extended to the participants for registration. Sanjay Srivastava, Director, TI India University Program said, “TI believes in nurturing engineering students through our university program, especially through experiential learning. IICDC is a great example of this. We are thankful to all the partners for helping us build IICDC as a thriving platform for young minds to generate ideas and then launch their start-ups.”
Professor Suresh Bhagavatula, Chairperson, Entrepreneurial Ecosystem Development, NS Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIM Bangalore said, “IIMB sees an exciting opportunity through this collaboration with TI on the IICDC by coming across unique entrepreneurial ideas from the best talents of the country and helping them incubate the ideas and transform them into successful enterprises. With mentors from NSRCEL, we see a lot of growth and competitive opportunity for students who want to address critical problems through their innovations.” Commenting on the partnership, Mr. Gaurav Dwivedi, CEO of MyGov said, “MyGov is glad to support DST and TI India in bringing innovative ideas from different corners of the country to one platform, thus further strengthening government’s Make in India program. The Innovative Platform of MyGov has been developed by National Informatics Centre (NIC) that has great engagement and evaluation features to conduct such contests. The platform has hosted number of such innovative contests in recent years.”
- The contest is open for all Indian engineering students pursuing undergraduate, postgraduate&Doctoral degrees with Indian engineering colleges.
- All the participants must be Indian Nationals
- TI will be providing TI tools worth up to USD 200 for each team free of cost. You must use all TI devices in your solution.
Click here For Registration and More Details : https://innovate.mygov.in/india-innovation-challenge-design-contest-2017/