The journey of innovation and entrepreneurship ushered in by MyGov, Intel & DST – Innovate for Digital India Challenge – is another step closer to finding the best ideas for the Digital India vision. The challenge which was open to aspiring and existing entrepreneurs, innovators, academia, designers, engineers and makers drew 1913 entries from all over the country and has now shortlisted the top 20 teams who will receive grants of up to INR 200,000 per team to develop prototypes in the final stage of this nation-wide contest.
The top 20 were selected from a pool of 50 shortlisted teams that went through rigorous paper presentations in Ahmedabad to a selected jury comprising of industry leaders like Shri H K Mittal, Adviser, Member Secretary National Science & Technology Entrepreneurship Development Board (NSTEDB), Prof. Amit Karna, Chairperson, CIIE, Priyanka Chopra, Director – Portfolio Support, CIIE, Venguswamy Ramaswamy, Director, Tata Consultancy Services, Ajay Bhagwat, Founder, Renu Electronics, Ashish Deshpande, Co-founder, Director, Elephant Design, Srikrishna Ramamoorthy, Partner, Unitus Seed Fund, Naganand Doraswamy , Vice President, SPAN Systems, R P Gupta, Senior Independent Consultant, Rema Subramanian, Co-Founder, Managing Partner, Ankur Capital, Shankar Maruwada, Co-Founder, EkStep, Vishwas Mahajan, President – Pune Chapter, TiE, Sachin Kelkar, Head – APAC Scale Program, Intel and Kishore Ramisetty, Senior Director, Market Enabling Solutions, Intel. The jury kept the two broad areas of the challenge and selected the top 20 on the basis of the idea’s ability solve a key citizen problem, delivering value to citizens, market opportunity, scalability of product/business, entry barrier/competition/uniqueness of idea and potential traction in terms of revenue, users and customers.
Launched in April 2015, the challenge is now in the Accelerator phase where the top 20 participants will get the rare opportunity to be mentored in Pune for up to 12 weeks starting in August during which they will develop MVPs (Minimum Viable Products) on Intel® Architecture. By the end of the 8-week Accelerator phase, up to ten teams will be chosen and will have access to grants of INR 500,000. The remaining 10 teams will continue their mentoring phase until completion of 12 weeks.
As we get closer to the big reveal, it brings us immense joy to discover the passion and genius of young Indian minds and we are extremely proud of our top 20 teams. We are more confident than ever of bringing in revolutionary solutions for Digital India through this unique platform designed in collaboration with the Department of Science and Technology* (DST) and Intel and which is anchored by IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship*(CIIE).