AIC ISB: Grand Idea Challenge Winners

Context of the Idea Challenge

AIC ISB is committed towards creating impact by supporting high-impact startups in becoming scalable and sustainable enterprises.  As part of our efforts, we seek to inspire and empower a generation of problem solvers and enable them to create solutions for the new challenges that have  emerged due to the pandemic.

COVID pandemic has severely affected the physical movement of goods, disrupted the supply chains and has resultantly highlighted the need for innovation in some of the traditional sectors.  Overcoming these challenges requires an innovative approach and technology based solutions. Under the Grand Idea Challenge we invite you to share your innovative ideas and technologies or products under any of the following categories:

 

Benefits and Rewards

  • Three winners under each category (Total 12 winners)

  • Cash prizes for the 3 winners under each category (3x4=12 Cash Prizes) 

  • Participation E-Certificate to all those who qualify in the first round of screening

  • 6 Month long expert mentoring towards grooming their idea into a market-ready product 

  • Rigorous Capacity building training and venture creation as well as development support

  • Exposure to Investor Pool and Opportunity to raise fund for relevant Ventures

  • Connect with leading Corporates and Institutions and opportunity to form partnerships providing them a strong market access opportunity

Evaluation Process

The application process begins with startups submitting an online application. After receiving the completed applications, our team will review the application on the parameters based on:

- Relevance of the problem statement

- Adequateness is the solution towards addressing the problem statement

- Innovativeness of the idea

Post the initial screening, shortlisted applicants will be invited to present their ideas on the pitch day and will be evaluated by industry experts. Three applicants under each category will be declared as winners.

Eligibility Criteria

- Applicants can be a Student/Aspiring Entrepreneur/PoC  Stage Ventures or Early Stage Ventures.

- The participant should hold citizenship of India and currently reside in India.

- Idea / Product submission should fall strictly under any of the four categories mentioned above.

FAQs - Frequently Asked Questions

Who can apply?

Anyone is eligible to submit their idea. The idea should be innovative and should fall under one of the four themes: Mobility, Agriculture, Digitalization and Smart Manufacturing.

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ISB Mohali Campus, Knowledge City, Sector 81, Sahibzada Ajit Singh Nagar, Punjab 140306