India, the home to world’s youngest population, has emerged as the hub for various innovations. Exploring the power of youth, 3M India, in collaboration with Confederation of Indian Industries (CII), has launched the Young Innovators Challenge Award 2015.
Now in its second year, the award is designed to support and encourage inspiring ideas from young innovators aged 30 years (as of 30th Aug 2015) and under, from across India. The Challenge is looking for innovative ideas with a social relevance that can fall under any of the following themes as well as could be prototyped with the capability to address social good at large –
Productivity: Innovations that improve output or affordability
Sustainability: Innovations that leave a positive ecological and environmental impact
Disruptive: Innovations that represent breakthrough technology or help create a totally new market or way to deliver the impact
All ideas submitted must share their proof of concept that is expected to be presented in detail if selected as a finalist. 10 best ideas will be invited for a virtual pitch session on 23-24 July, based on which a reputed jury will choose 3 winning entries.
The winners would be felicitated at the 11th India Innovation Summit 2015, organized by CII in Bangalore on August 6th – 7th, 2015 and invited to present their winning projects at the event. Apart from getting acknowledged at such a prestigious platform, the winners will also receive a “Grant Prize” to prototype their idea.• 1st Prize: Rs.2,00,000
• 2nd Prize: Rs.1,00,000
• 3rd Prize: Rs.75,000
Information on the Challenge process, eligibility, assessment criteria, timeline and online entry form is available here.
Offline submissions could be made to submissions@3Myounginnovatorschallenge.org by or before 7th July 2015, midnight IST.
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