3M India, the Indian
subsidiary of US multinational conglomerate 3M Co., announced the launch of the
second edition of the Young Innovators Challenge Awards 2015 in association
with CII. The platform aims to support and encourage young technical innovators
between the age of 18 – 30, across India to come up with inspiring and
innovative ideas with a social relevance. Themes from which they could
choose:
* Productivity: Innovations that improve output or
affordability
* Sustainability: Innovations that leave a positive ecological
and environmental impact
* Disruptive: Innovations that represent breakthrough
technology or help create a totally new market or way to deliver the impact
Speaking on the
occasion, Amit Laroya, Managing Director, 3M India said,
“Innovative thinking forms an integral part of the 3M culture. Through this
initiative we believe we are taking this belief a notch higher. 3M is looking
to promote and invest in young ideas and talent to develop not only socially
responsible innovations but ideas which could be prototyped with the capability
to address social good at large”.
“3M-CII Young
Innovators Challenge gives an opportunity for youth across India to showcase
their innovations and get recognized. This recognition allows winners to get
additional funding and scale up their innovations,” said Kris
Gopalakrishnan, Past President, CII and Chairman, India Innovation Summit &
Co-Founder, Infosys Limited.
The 10 best ideas will
be invited for a pitch session on July 23-24, based on which a reputed
jury will choose 3 winning entries. The winners will then be felicitated at the
11th India Innovation Summit 2015, organized by CII in Bangalore on August 6 –
7, where they will be given an opportunity to present their
winning projects. The winners will also receive grants (up to Rs, 2, 00, 000)
from 3M India to prototype their idea.
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