Bengaluru: Texas Instruments (TI) has announced the launch of the second edition of India Innovation Challenge Design Contest (IICDC 2017), with registrations for the contest opened 20 July 2017 at www.ti.com/iicdc . The last date for registration is 10 September 2017.
TI will continue the collaboration with Indian Institute of Management ( IIM) Bangalore and Department of Science and Technology (DST) to nurture innovation and be aligned to the goals of the Make in India program. In the year long run, IICDC 2017 will include an intense mentoring program for students.
TI will provide resources and in depth technical training throughout IICDC 2017, while DST will provide INR 3.5 crores to the student start-ups for prototyping and seed funding. The N S Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIM Bangalore will extend business mentoring and incubation support. MyGov, the government’s online portal, will be open to the participants for registration.
“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,” said Sanjay Srivastava, Director, TI India University Program.
Dr. Suresh Bhagavatula, Chairperson, Entrepreneurial Ecosystem Development, NSRCEL, said: “IIMB can foresee 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 thereby transforming 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.”
“DST’s collaboration with TI’s IICDC provides impetus to the development of science and technology within the country. With this, we encourage students to engineer path-breaking solutions that bring socio economic changes,” said H.K. Mittal, advisor and head of National Science & Technology Entrepreneurship Development Board (NSTEDB), DST.
Commenting on the partnership, 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 a number of such innovative contests in recent years.”