Department of Science and Technology (DST), Indo-US Science and Technology Forum (IUSSTF) and Intel have partnered on building technology entrepreneurship programs in India. The objectives of the program are to create an entrepreneurial ecosystem in India, boost entrepreneurial spirit in Indian academia and scientific enterprises through business plan competitions, and to build a curriculum on technology entrepreneurship for Indian academia.
India Innovation Pioneers Challenge 2009 is an innovative technology business plan competition that provides an unparalleled avenue of opportunities for emerging entrepreneurs to explore and share ideas and gain insight for commercializing their venture through the mentoring and networking support that are integral to the competition.
India Innovation Pioneers Challenge 2009 has taken the definition of a "Business Plan Competition" to a level higher than ever before as it offers an unlimited opportunity for aspiring entrepreneurs to plan for commercialization of their venture.
It provides young innovators with:
Winners of Scholar Sparks 2009
The winners of India Innovation Pioneers Challenge 2009 were announced by Mr. Prithviraj Chavan, Hon’ble Minister of State (Independent Charge), Ministry of Science and Technology & Earth Sciences, Govt. of India, at a ceremony held at Taj Palace Hotel, New Delhi on the 28th of August 2009 in the presence of Dr. T. Ramasami, Secretary Department of Science and Technology, Government of India and Dr. Praveen Vishakantaiah, President, Intel Technology, India.
The top three teams under Scholar Sparks category received cash award of Rs Three lakhs (First prize), Rs. One lakh (Second prize) and Rs. Fifty thousand (Third prize) respectively. Besides this, two teams recognized as “Honorable Mentions” from the jury received a cash award of Rs. Twenty five thousand each
Also the top two teams from the Scholar Sparks category will be representing India at the Intel-University of California, Berkeley Technology Entrepreneurship Challenge 2009.
Awardees Details:
Also an opportunity to participate at the Intel-University of California, Berkeley
Technology Entrepreneurship Challenge 2009
Team Name: Intraosseous Device
Team Members & Institute:Jayant Sitaram Karve & Srinivas Kiran Jaggu; Stanford
India Biodesign Centre, (AIIMS) New Delhi
Business Plan Description:
IntraOz is a novel medical device start up which aims to provide an alternative to difficult intravenous (IV) access in medical emergencies. This technology comprises of applying progressive vacuum at needle tip as it progresses inside the marrow and gives visual indication. Fluids and medications infused via IO lines reach the central circulation in equivalent speed of intravenous infusion. The market potential for IntraOz will be an estimated 1.3 million patients (including pediatrics & adults) annually.
Second Prize:Rs. 1 lakh cash award
Also an opportunity to participate at the Intel-University of California Berkeley
Technology Entrepreneurship Challenge 2009
Team Name: µSpore
Team Members & Institute:Prabhakar Kulkarni, Agharkar Research Institute, Pune
Business Plan Description:
µSpore is a novel patented technology for long term storage and transportation of DNA samples using microcapsules isolated from spores and pollen grains, which are in the form of micronic or sub-micronic capsules. The application areas for the technology cover forensic science, health care, pharmaceuticals, medicine, military and basic research. The technology is cheaper, eco-friendly & easy-to-handle and will be accessible and affordable to users even from economically underprivileged nations.
Third Prize: Rs. Fifty Thousand cash award
Team Name: Indigenous Dental Implants
Team Members & Institute: Dr. Manjeet Mapara & S.M. Abdul Khader; Manipal College of Dental Sciences, Manipal Institute of Technology
Business Plan Description:
Indigenous Dental Implants is a project that attempts to make a new biotechnology accessible to the general Indian population and also to enhance the surgical skills of Indian dentists in the field of Implantology. The technology involves a special laser treated bioactive surface for the dental implant which is superior & cheaper compared to all the contemporary implants in the market. The product aims at attracting a huge market comprising of upper middle class & middle class population in India with the cost advantage.
Team Name: Innovation Challenger Kolkata
Team Members & Institute:Dr. Sudipta Saha, Indian Institute of Chemical Biology,
Prize:Rs. 25000 cash award
Business Plan Description:
This project deals with a unique computer-based spectrophotometric system to determine "vertical velocity" of the spermatozoa. It has been developed using the turbidimetric method of sperm motility analysis. This technology will be extremely helpful for treatment of human infertility and planning of animal breeding programmes. The potential market will comprise of various human infertility clinics, sperm banks, animal breeding centers, research laboratories and centers for conservation of endangered species, etc
Team Name: The Mavericks
Team Members & Institute:Nakul Khanna & Abhinav Bansal, G.D. Goenka Public School, Delhi
Prize:Rs. 25000 cash award
Business Plan Description:
This team has developed a Massaging Shoe. The idea is to provide solutions for people suffering from daily stress by incorporating massaging devices in their shoes. These devices are small enough to fit into an ordinary shoe and are powered by rechargeable batteries so that they can be used on the go and doesn’t require one to carry around bulky massaging devices. Along with its massaging effect it also has a therapeutic effect; hence it will be a boon to those suffering from lifestyle disease such as diabetic feet, etc.
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