#InnovateToINSPIRE 2019

Second edition of the innovation challenge, #InnovateToINSPIRE 2019 invites participants to submit sustainable and scalable solutions to five specific challenges - Improved Grid Management System, Energy Efficient Technologies, Innovation in the space of clean energy, Innovation in the domain of E-Mobility and Financial Instruments to support & sustain Energy Efficiency innovations.

Challenge themes for #InnovateToINSPIRE 2019

What are we looking for?

  For Challenges 1-3
  • The innovation should increase the energy efficiency of the system/ product/ technology by a minimum of 15% vis-`a-vis the current highest standard globally and is techno- commercially viable
  • Define the current baseline that is being considered to measure the innovation’s efficiency and describe the measurement standard that has been taken to calculate the same
  For Challenge 4 (e-mobility)
  • Come up with an innovation or develop a Technology/ Business Model that encourages rapid deployment of Electric Vehicles while being financially viable
  For Challenge 5 (Financial Instruments)
  • Develop financial tools (Eg: bonds, commercial papers, low-rate loans etc) to act as a catalyst to reduce the cost for Energy Efficient technology/ models/ schemes
  • Develop a financial model to upscale Energy Efficiency technologies/ schemes

Who can apply?

The challenge is open to anyone, team or individual, aged 18 or over from around the world.

Students as part of the institutional team representing a school/college/institute can also apply.

Participants should have a POC (Proof of Concept)/Prototype of the innovative idea.

Ideas or solutions without any POC (Proof of Concept)/Prototype will not be considered.

Why should you participate?

  Why not?

  Present your innovations to the world’s leading experts in the realms of energy management and sustainability

  Stand a chance to win funding of INR 5 lakh, along with mentoring and guidance, to help bring your solution to market

Process

Register on innovatetoinspire.in

Login credentials will be sent to your registered email up on registering

Update your profile after logging in

Fill the form and upload PDF document

Submit your application before 09:00 PM on (IST) on 31st August 2019

Interim selection and evaluation of ideas

Submission of duly filled detailed proforma by applicants shortlisted in the Interim Selection stage

First round of evaluation by eminent jury members and shortlisting of finalists

Submission of 2- minute video describing project in detail and the problem it addresses, along with desired impact by finalists

Announcement and felicitation of winning entries at the inaugural session of the International Symposium to Promote Research and Innovation in Energy Efficiency (INSPIRE) - 2019 in Mumbai

Timeline

  10 April 2019 – 31 August 2019

  • Registration & Application Submission

  Mid -September 2019

  • Interim selection

  First week of November 2019

  • Boot Camp
  • Final Jury Pitch

  11-12 November 2019

  • Exhibition space for all finalists
  • Announcement & Felicitation of winners at INSPIRE 2019