Almost a decade before the Startup India programme took off in 2015, the India Innovation Growth Programme (IIGP) was driving innovation and entrepreneurship in the country. A public-private partnership, the programme which was launched in 2007, is a joint initiative by the Department of Science and Technology (DST), Government of India and aerospace and defence major Lockheed Martin.
The programme is now in its second decade, and this year Tata Trusts has come on board as a partner to make this a unique tripartite partnership. The initiative is also being rebranded as IIGP 2.0 to keep pace with the changing times, and will focus on ventures that have a strong societal impact and employ cutting edge industrial innovation.
So far, the initiative has supported close to 400 innovators and entrepreneurs. An Ernst and Young report says that the cumulative revenue generated by the companies that are part of IIGP is Rs 5,239 crore.
If you are a student, entrepreneur or an innovator looking to make a positive difference in India’s development story through science and technology or industrial innovation, look no further than IIGP 2.0. Apply today.
Get holistic support: The programme mentors participants on diverse aspects of business such as product commercialisation, assessing market-readiness, business models, IP rights, competitive positioning and mechanisms for revenue.
Eminent implementation partners: With renowned institutions such as the Federation of Indian Chambers of Commerce and Industry (FICCI), Indo-US Science and Technology Forum (IUSSTF), Indian Institute of Management – Ahmedabad (IIM-A), Indian Institute of Technology – Bombay (IIT-B) and Massachusetts Institute of Technology Energy Initiative (MITei) as implementation partners for IIGP 2.0, participants will get full support – from ideation, to mentoring, incubation and acceleration.
IIGP 2.0 is running two annual parallel challenges:
- The University Challenge will see the ideation and incubation of concepts sourced from universities across India
- The Open Innovation Challenge will help in the evolution, growth and scaling of innovative concepts sourced from the technology community at large and not limited to the academic arena
You can get more information about the topics covered as part of the challenge and the categories under which you can apply here.
The last dates to apply are:
Open Innovation Challenge: May 21, 2017
University Challenge: May 31, 2017