Innovation and Entrepreneurship Track

Innovation and Entrepreneurship Track

About Innovation and Entrepreneurship track

A career break is common, although very few discuss it. There are a variety of reasons why people take a career sabbatical. This break is frequently taken without previous planning, which results in the industry losing out on talented individuals. Humanity owes it to them to assist them reintegrate into society.

Objectives​

      The objective of this track is to motivate such mothers who took a break in their careers due to some other priorities to handle and help them to opt for their passion through some innovative ideas that help them to become successful entrepreneurs.

Participation as candidate in IDEATHON & PitchFest

Submit your Ideas for Ideathon

Submit your Ideas for Ideathon

Activities

1. Ideathon

Ideathon is for enthusiastic men & women who love to brainstorm new original ideas which solve real-life problems. All submitted ideas will be evaluated by the panel of jury members based on some evaluation criteria.

2. Mentoring of selected ideas

Experts from industry, Academia or other government and non-government organizations will mentor participants for their ideas so that participants can put their best efforts and knowledge in order to make their idea best.

3. Talks on Innovation and Entrepreneurship

The objective of this activity is to invite eminent speakers from various domains who can mentor and help participants in their new idea generations. These innovations can be moved forward for further commercialization. This will help them to be more independent and confident. The participants will get information regarding various initiatives taken by the Government, NGOs, and other agencies.

4. PitchFest

The most innovative, unique and thoughtful ideas, presented in the Ideathon and mentored by experts in, will be given a chance to showcase their business model in PitchFest and step towards bringing their idea to life.

17th July 2021
21st August 2021
24th August 2021
25 th August 2021
4th September 2021

Detailed Timeline

12th July 2021
Registration open

for Attendees of ideathon, I & E sessions and PitchFest

17th August 2021
Idea submission deadline
21st August 2021
Idea selection announcement

( Round 1 )

24th August 2021
Idea Presentation
25th August 2021
Shortlisted ideas announcement

(Round 2) & Mentor allotment

26th August 2021
Registration for pitchfest
28th & 29th August 2021
Talks on concepts related to Innovation & Entrepreneurship
  • How innovative ideas can help you to be more successful.
  • on Basics to be kept in mind for Entrepreneurship
  • How to Make a Business Idea that Works?
  • Business Idea and Business Model Canvas
4th September 2021
Final comprehensive Business Plan & Prototype Showcase (Final Round)

Ideathon Categories

1. Healthcare

It will include innovative ideas to provide solutions for health-related issues. This includes modern public health challenges such as the COVID-19 pandemic, mental health, nutrition and diet, and many other related topics.

2. Community

This track will address some of the most critical societal issues today. It can include topics such as diversity, equity, and inclusion, community service with creative and unique perspectives.

3. Sustainability

It will focus on the ideas which will make our lives more sustainable including but not limited to teaching others how to ethically consume and creating greener technologies for the future.

4. Security and Safety

This Track will focus on the ideas which will help to make our belongings, products, and services more reliable. This will build up the confidence of a user in that product or service.

Ideathon Evaluators

Mentoring Experts

Pitchfest Evaluators

Guidelines

  • Ideas to be submitted as an individual or in a group (max 2).
  • One team can submit a maximum of 5 ideas.
  • The idea should be unique and completely original.
  • The idea is to be submitted on RMC 2021 web portal. The template given is to be strictly followed for it.
  • The idea selection (Max 30 ideas) in round 1 will depend on :
    • Scale and Complexity of the problem / solution being explored
    • Creativity / Innovation of Solution
    • Probability of Implementation
  • Selected groups need to present their ideas in front of the Jury Panel. Registration is mandatory for idea presentation  details are:
    • 7 minutes Idea presentation
    • 3 minutes Q & A
  • The idea selection(max 15 ideas) in round 2 for further mentoring and the PitchFest will depend on the below parameters:
    • Scale and Complexity of the problem / solution being explored
    • Creativity / Innovation of Solution
    • Probability of Implementation
    • Social / People Vs Financial Impact
    • Quality of Presentation /Prototype
  • The Evaluation criteria during PitchFest will depend on:
    • Scale and Complexity of the problem / solution being explored
    • Creativity / Innovation of Solution
    • Probability of Implementation
    • Social / People Vs Financial Impact
    • Quality of Presentation /Prototype
    • Business opportunity

The themes of this ideathon are inline with following UN Sustainable Development Goals: