Open for students with new technology business plans from engineering colleges, polytechnics, universities, science colleges, medical schools and B-Schools.
India Innovation Pioneers Challenge 2007-08 showcases areas with the greatest potential for a positive impact on society through the commercialization of new and truly innovative technologies. Only business plans that make integral use of novel technology, such as technologies in the following industry categories, will be chosen to participate. Team must have their business plan focused in technology areas as listed:
- Manufacturing of electronic systems and hardware - techniques, technologies etc.
- Hardware - new systems for instrumentation, control and applications.
- Communications including rural and group level communications with special emphasis on mobile and wireless systems and devices.
- Digital home - devices and systems for smart homes, remote control of appliances etc.
- Consumer electronic devices with micro devices, better quality and new applications
- Technologies and systems for retailing
- Applications of IT for agriculture- measurements, implements - water supply, resource conservation etc.
- New types of software services and web services
- Energy and Environment
- Biotechnology
- Manufacturing
While the scope of technology innovation is not restricted to the above, plans without a strong technology focus may not be chosen to compete. The technology implemented in the business plan should also address issues like the novelty of the plan, feasibility, utility aspects and its applicability to improve the societal lifestyle.
If business models/entrepreneurship models are proposed, they should be novel and should have significant advantages over existing models.
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