The upcoming edition of DST -- TI India Innovation Challenge Design Contest (IICDC) has been announced by the Texas Instruments (TI) and the registration is opened on June 20, 2018, which will remain till Aug 31, 2018.
DST ‘s Support
With a fund of Rs 8.2 crore, to the qualifying teams, The Ministry of Science and Technology (DST) and Texas Instruments extend its support. It marks a significant increase from Rs 4.14 crore as compared to the previous editions.
To earn 15,000+ certificates across various stages of the contest, this edition provides the opportunity for the Indian engineering students. The most popular innovation contest for engineering students
History of the contest
A remarkable change to be one amongst the most popular innovation contests for Indian engineering students and colleges have been achieved by the DST-TI IICDC, which is in its third edition. Compared to the 2016 edition, in the 2017 edition, 15,380 engineering students from 965 colleges participated which is a 43 per cent growth. To create a complete innovation ecosystem for the participants, the uniqueness which has been built in the partnerships and collaborations has been of the great support of this contest helps for a great extent.
“For Indian engineering students to venture into entrepreneurship with the right support structure through the launch of DST-TI IICDC, we plugged a stark gap which existed in the ecosystem. While all teams aim to win, it is the journey of transforming an idea into a reality that students value the most. With rewards along the way, they also acquire immense learning and being mentored by leading minds from TI including networking with other student engineers and winning several cash prizes and certificates. To create a great understanding and awareness of innovation, for innovation that challenges students every step of the way, our attempt is to create an immersive ecosystem” says Sanjay Srivastava, Director, TI India University Program.
"We are sure to come across unique entrepreneurial ideas and can help transform these ideas into successful enterprises because of our exciting collaboration with TI and DST. Through their innovations, for students who want to address critical problems we are very happy to provide monitoring and necessary support" says Professor Suresh Bhagavatula, Chair, NSRCEL at IIMB.
From each partnering organizations, the DST-TI IICDC brings together the best. The Ministry of Science and Technology supports the young, aspiring entrepreneurs with funding for their start-ups.
MyGov, the government's online portal reaches out to its five million subscribers for participation. National Informatics Centre provides web infrastructure for submission and evaluation of their start-ups.
- Top 10 start-ups will get funds up to Rs 20 lakhs
- Rs 5 lakhs product development funds to select semi-finalists teams
- Rs 30,000 stipends will be provided to select Semi-finalists teams
- Free TI Tools worth up to Rs 70 lakhs to participants
- 15000+ certificates spread across the whole contest
- 600+ types of cash prizes spread throughout the contest totalling up to Rs 50 lakhs