New Delhi: Aimed to develop entrepreneurship in India, the 2018 edition of the India Innovation Growth Programme (IIGP) 2.0 launched today in Delhi. The programmed has brought funding of USD 2 Million for the innovation in Social and Industrial sector.
Tata Trust, Lockheed Martin Corporation and in an association with Department of Science and Technology, Government of India has launched the second edition.
In a bid to accelerate indigenous innovations through incubation of affordable, accessible and acceptable solutions, India Innovation Growth programme offers an opportunity for young innovators across India to bring breakthrough ideas to market in areas like, agriculture, healthcare, water, energy, life sciences, aeronautics, biotechnology, chemistry, communications, computing, defense, electronics, information technology, manufacturing, materials, nanotechnology, petrochemicals, semiconductors and transportation.
Later, President of India, Ram Nath Kovind launched the programme at the Rashtrapati Bhavan. Established by the Department of Science and Technology, Government of India, Lockheed Martin Corporation & Tata Trusts, the India Innovation Growth Programme 2.0 was launched in 2017 earlier in an event. IIGP 2.0 has already met with early success. Five of the 2017 winners have begun to market their products in India and overseas. Two others have conducted field trials, while three have successfully created a proof of concept and product validation. Last year the organization has launched 15 innovative applications.
Speaking at the occasion, Programme Head of Innovation, Entrepreneurship and Tech Commercialization, Department Science & Technology, Government of India, Harkesh Mittal said, “DST has been a long standing partner in a unique collaborative program IIGP. I hope in this year also, IIGP 2.0 would outperform its past laurels and provide excellent support in nurturing and transforming innovative ideas to successful enterprises. ”
Later Manoj Kumar, Head, Entrepreneurship and Innovations, Tata Trusts, added, “At Tata Trusts, we are always looking for innovators and entrepreneurs who are on a mission to improve quality of life, especially for the underprivileged and deprived. The India Innovation Growth Programme 2.0 has been revolutionary in its discovery of young and highly motivated innovators who want to create large scale social impact with their high quality solutions that are also affordable and accessible.”
The last date to apply to the Open Innovation Challenge and to the University Challenge May 18, 2018 and applicants can refer to www.indiainnovates.in to know more and to apply for the challenge.
