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Product Launch

«
  • Who are we?
  • Participation
  • Competition
  • Judging Criteria
  • Important Dates
  • Documentation
  • Organisers
»

Registrations closed for this event

Who are we?

With an aim to encourage expertise in innovation with focus on areas of technological entrepreneurship, Techniche '10 presents Product Launch. Supporting technically sophisticated participants who are prepared to build and design an innovative product with the skills that are essential for meeting the real world challenges. Your innovations may vary from energy solutions to health care... electrical systems to rural technology... mechanical motors to environmental solutions. Unleash the creative genius in you to help the society.

Note :
  1. The participants can can get their products patented.

  2. Once the product is launched, the profit shall be shared between Techniche and the winning participants.


Prize money Rs 25000.

Participation

Participation is open to all without a limit either on age group or educational qualification. But do not expect any kind of advantage in selection process in regard to these. All you need to have is an innovative idea, from which a product can be brought out.
This includes:

  • All Students, teachers at various levels
  • Professionals belonging to different sectors
  • All Schools, colleges or universities.
  • Innovators from R&D Institutions and Labs.
  • Entrepreneurs, Industry professionals and Freelance Innovators.
  • Grassroots Innovators through NGOs and Rural development organizations.

  • By the above categories we mean, the participation might come as individual groups or as a representative of various Institutions. For further queries regarding the participation, feel free to contact the organisers.

    Team Composition
    The team size may vary from 1 to a maximum of 6. Although we do not restrict individual participation, we encourage participation in groups.
    A team might be a combination of any of the allowed participation. For Students esp. If he is a school student, it is advised to have some kind of guidance from a teacher/ professor/ professional in the concerned sector.
    Teams which are willing to participate as a representative of some institution are requested to contact the organisers.

    Competition Stages

  • All the teams with an intention to participate must register themselves on the website.
  • The team might contact the organisers regarding the innovation that they are trying to work on and get some professional help. There is no compulsion is this regard. The innovation details will in no case be disclosed to a third party.
  • Teams which think that they are capable enough to work on the innovation all alone, might directly send the documented details of the innovation for the screening of the preliminary stage.
  • There will be two stages in the preliminary round. Based on the documentation that the teams have sent, we will be selecting relevant entries to screen further. Duration of 10 days will be given to the selected teams and will be asked to work on the documentation or rather the innovation to come up with an improved idea.
  • The second stage of the preliminary round will screen the improved ideas. Keep in mind that no change in the basic idea of the innovation is entertained. For further information on this, please refer to the rules of the competition.
  • Based on the screened documentations at the end of preliminary round, teams eligible for the subsequent stage - The Mentoring Stage will be selected by an independent panel of judges.
  • Teams qualified for the mentoring stage will be provided with intense sessions of mentoring. During this time, the teams must work on improving their model, making it user friendly, ready for consumption.
  • The Participants must now come up with a more detailed documentation and a prototype. A video of the working prototype will be necessary. Innovations which might not be able to come up with a prototype due to industrial and modelling factors should come up with suitable reasons of the same along with at least a working model of their innovation. A detailed description of this stage will be provided at a later stage.
  • Teams which have qualified through the second stage will be called to display their prototypes/ models at Techniche’10 at IIT Guwahati.
  • Top three finalists will be enlisted to be awarded with prizes, and the most market feasible and innovative idea will be taken further to launch as a product
  • The selected idea will be funded and will be manufactured to meet industrial standards and will be launched into the market.

  • Judging Criteria

  • The main criterion is the innovation itself along with commercial viability and the market potential for the innovation.
  • Ideas which address issues having considerable importance at the present will be definitely given preference.
  • The technical, environmental, social, economical, energy efficiency of the innovation will all be taken into consideration.
  • There are no specific percentage allocated to each of these, but the overall innovation and the change that the innovation brings about in each of these sectors are considered and are judged likewise.
  • Note that since the aim of the competition is to bring out a useful product out of the innovation, the commercial capability and market potential of the product is also considered.

    Important Dates

  • Starting Date for Registration : March 15, 2010
  • Last stage for submission of documentation for the first stage of preliminary round: July 15, 2010.
  • Last date for submission : August 10th ,2010
  • Declaration of results for the Final stage: August 20, 2010
  • Finals during Techniche in IITG: September.
  • Documentation

    Documentation Procedure for first stage of Preliminary Round:

    1. What is your innovation?
    2. Give a brief description of the currently existing scenario in which you try to innovate. Briefly specify the existing problem that your innovation is trying to address.
    3. How does your innovation address this situation? You need to in this step give a complete description of your innovation. All the technological issues that you are dealing with must be addressed. Specify whether your innovation is a totally new idea or an amendment to an existing technology.
    4. Give a description of how your innovation improves quality of life, enhance efficiency or productivity, or protect the environment, or uses energy in an intelligent manner. Innovations which are not relevant for this might skip this step.
    5. Please state if the innovation is patented, copyrighted, published in a technical journal, or otherwise "on the record" with any recognized arbiters of innovation.
    6. For innovations in health sector, it is important to cite and summarize the results of published studies demonstrating improved health outcomes. Failure to do so will disqualify the idea.
    7. Cite all the references that you have used in the description of the innovation. Any statistical data or facts that you have stated in the documentation must be cited by references.
    8. And finally specify about the primary innovator/innovation team. Please summarize the background(s) of the primary innovator/inventor or innovation team, including any previous experience in the field.

    Organisers

    Sai Kumar
    +91-9957888151
    r.chinthala@iitg.ernet.in
    Bharat Kumar
    +91-9678883557
    darapu@iitg.ernet.in
    Ravitej
    +91-9444969302
    bulusu@iitg.ernet.in

    Updates


    • Slots are open for Workshops in Techniche'11.
      Interested one's can contact : vishwajit@iitg.ernet.in
      Ph: 09957539670

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