More than
20 winners of the India Innovation Growth Programme showcased their
technologies at the Bengaluru Technology Expo. These included technologies from
Bengaluru like SpeedLink, a portable Wi-Fi router that combines upto 8
different cellular networks (2G, 3G, 4G) from any vendor and provides the sum
of all the bandwidth capacities as one super-fast Internet connection and a
portable, intelligent, non-invasive, non-mydriatic, low cost Fundus camera (eye
care device) that helps in pre-screening of five eye diseases namely cataract,
diabetic retina, glaucoma, cornea issues as well as refractive index
measurements.
The
Bengaluru Technology Expo was inaugurated by Priyank Kharge, Minister of IT, BT and Science and Technology,
Government of Karnataka. During his keynote address the Minister lauded IIGP
has the longest private-public partnership and stressed the need for more such
initiatives. Kharge also said that, “Bengaluru remains the number-one
innovation eco-system in India.” He added that development was not just about
an idea, but making ideas and innovation happen.
IIGP enables Indian
innovators and startups to get connected to industry partners not only in India
but across the globe. 12 innovators were taken to Silicon Valley during September
25-30 this year to provide them an exposure to the global innovation ecosystem
and get on an accelerated commercialization path. Subsequently, Swati Tiwari of
Arcturus Business solutions, a Noida based startup was connected to Texas based
Austin Energy who recently tested the solution developed by Arcturus for
inspecting power transmission lines from the air using drones and breakthrough
imaging software. Several awarded startups also participated in an Indian
innovation led start-ups to Nairobi organized by FICCI earlier this year. As a
consequence of the visit, one of the awarded companies under the IIGP viz.
Aakar Innovations which has developed low cost biodegradable sanitary napkins
has signed MoUs for partnership with Banapads from Uganda; Zana Africa from
Kenya and Dreamline Business Centre from Kenya.
45
international and domestic business agreements were announced at the event with
leading industry partners under IIGP2016 including Saab Group, BAE System, TATA
Housing and Austin Energy. The innovators also participated in an investors’
meet to explore further opportunities for collaboration.
The IIGP has provided a platform for nurturing
innovation in the country, as seen in the rapid rise of applications—receiving over
7000 applications since its inception. The IIGP focuses on a “Mind to Market”
strategy byoffering extensive training modules that are suitably structured to
help participants gauge and streamline their existing capabilities, as well as formulate
and implement appropriate business strategies. With its emphasis on capacity building
and technology commercialization, IIGPhas helped several participants in their
quest to find suitable business partners in India as well as internationally.
This has resulted in over 500 business
engagement agreements being signed between innovators and industry
partners/investors. The total revenue generated by the participating
companies under the programme is US$ 860 million.
Since the
inception of IIGP, there are several innovators who are not only able to
commercializetheir technology but have also generated exports. In the periodbetween
2013 to 2015, the total exportturnover of the innovators was Rs 181 crore (approx.US$30million).
No comments:
Post a Comment