Friday, June 26, 2015

CII & 3M India Launch Young Innovators Challenge Awards 2015



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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