30 Nov 2017

IICDC 2017 has witnessed phenomenal results with regards to innovation and participation of engineering colleges. In addition to being the biggest edition yet, this year’s contest is supported by the Department of Industrial Policy & Promotion (DIPP) with the Department of Science and Technology, the Indian Institute of Management-Bangalore and MyGov portal.

DST-Texas Instruments India Innovation Challenge 2017 (IICDC 2017) received over 5049 ideas from 965 Indian Engineering colleges. Out of this most promising young talented teams have been severed through further in the second round of qualifiers – Phase II.

Click on this link to view the results for the qualifying round- Phase II of the contest.

Evaluators and Evaluation process

The ideas were judged on the product or service they offered, impact they created on the socio-economic front and the clarity of thought, market potential, novelty and feasibility. The precision of thought and understanding of consumer need was given precedence over financial projections and costs.

The evaluations were done online, on MyGov Portal against a framework designed by TI and IIMB.  Each proposal was evaluated by two evaluators. The list of evaluators comprised of the members from IIMB, NSRCEL and leaders in the Start-Up domain who have significantly contributed to the Indian industry.

What’s in store for the 510 shortlisted teams in the months to come?

In the months to come these participants will be evaluated, guided and mentored by Texas Instruments, IIM-B, DST and a panel of eminent evaluators and mentors.

  • Workshops include a detailed session from IIM-B on MOOC (Massive open online courses) to improve business acumen and understanding on the nuances of creating a noteworthy business proposal
  • Workshops will also provide communication training to nail the perfect pitch that is critical to start-ups
  • Tech mentoring from TI (by Sanjay Srivastava, TI India University Director and his team) for enhancing their prototypes for effective functioning
  • Each team will also receive a free shipment of tools (worth approximately $200) from TI to develop their prototype further.

Here is what some of the evaluators have to say about the contest:

“The set of applications I saw were quite interesting and innovative. That these came from the student community makes it far more valuable for the ecosystem itself. Such events are the only way to expose students to innovative explorations and create a pool of entrepreneurs. Kudos to the organising team.”

-Mohan Sundaram, Mentor @NSRCEL/ IIMB.

“It’s encouraging to see the range of ideas coming from the young generation. Gives you hope for the future of Innovation in India. Kudos to this platform which is giving an opportunity to students from all over India to showcase their ideas.” – Naimesh Dave, Executive director of a start-up

One of India’s largest showcases of student work, IICDC 2017 will display top selected projects which will be supported by an initial seed fund and incubated at IIM-B incubation cell in creating successful tech start-ups.

The theme of IICDC 2017, in keeping with the start-up buoyancy, is Innovation, Entrepreneurship and Nation Building.

Click here to know more on the magnitude of impact that IICDC 2017 has created so far.

Total Comments - 0

Leave a Reply