Texas Instruments India (TI India), All India Council for Technical Education (AICTE), the statutory body and a national-level council for technical education in India, Department of Science and Technology (DST) and Indian Institute of Management Bangalore (IIMB) have joined hands to strengthen the innovation ecosystem, enhance skills and drive a start-up culture amongst engineering students by ensuring that India Innovation Challenge Design Contest (IICDC) is accessible to students even in remote corners of the country. IICDC is a national design contest for engineering students.
The announcement was made at the finals of IICDC 2018, coinciding with the announcement of this year’s top 10 winning teams. The 10 finalists will get an opportunity to take their start-up idea from the lab to the market, supported by a fund from DST of Rs 4.94 crore, incubation at NSRCEL, the innovation and entrepreneurship hub at IIM Bangalore, and technical mentorship from TI engineers along with access to TI tools and technology. To-date, IICDC has incubated 20 start-ups.
SRM Institute of Science and Technology from Tamil Nadu won the Chairman Award for Technical Innovation on ‘Inkless Printing Technology’. A P Shah Institute of Technology from Maharashtra was the first runners up for their innovation ‘Solar Energy Harvesting for Wireless Sensor Node’ and Manakula Vinayagar Engineering College from Puducherry was adjudged second runners up award on their innovation ‘Mustard Seed Processor Machine’.