Indian Institute of Technology (IIT) Palakkad’s IHub Foundation of Technology (IPTIF) invites applications from innovators and budding entrepreneurs for its two programs – AARAMBH, which is a workshop-cum-pitch event and IPTIF Entrepreneur-in-Residence (IPTIF). have done. -EIR) program.
The winners of AARAMBH will get a prize innovation grant of Rs 15 lakh. Participants will present their views on Intelligent Collaborative Systems (ICS) solutions for security and energy in areas such as robotics, machine learning, software engineering and embedded systems with hardware and software components and related disciplines. IPTIF, in association with Technology Innovation Foundation of IIT Palakkad (TECHIN), will organize the event from October 30 to November 27.
The last date for submission of application for AARAMBH is October 24. Candidates will be assessed on the basis of innovation, technical capability, social impact and business viability.
IPTIF Entrepreneur-in-Residence (I-EIR) program is a platform for budding entrepreneurs to grow their venture without any additional risk involved in technology-based business. It also supports co-working spaces to develop ideas into marketable products. Participants will get a stipend of Rs 30,000 for a period of 12 months. They will also be trained by mentors by engineers and entrepreneurs.
The last date to apply for the I-EIR program is November 1. The initial shortlisting of teams or individuals will be based on the applicant’s merit and suitability for the programme. Further evaluation of the shortlisted teams will be based on merit criteria such as innovation, idea rejection, experience, application of women entrepreneurs, innovators below 30 years of age and innovators with CPS technology business ideas, among others, having social impact. There are many possibilities for Preference will be given in the selection process, the institute said.
IPTIF is the technology-business incubator of IIT Palakkad, a collaboration of CPS Building Blocks to promote high priority application in the CPS National Mission. “We will invest and strengthen in talent development, technology-based product development and international collaboration, all of which will drive long-term economic growth and job creation. We aim to provide a platform for efficiently connecting academia, industry and suppliers. ,” says Harilal Bhaskar, General Manager, IPTIF.
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