ACE-EPIC Idea Challenge
The Entrepreneurship Promotion and Incubation Council the state-of-the-art incubation centre at Ambala College of Engineering and Applied Research in manufacturing, electronics, product designing, biotechnology, and ICT hosting Idea challenge in collaboration with various partners in the domain of:
- Electronics, Sensor, Semiconductors & related domain
- Healthcare biomedical devices
- IOT based technology
- AI, ML & Data Science
- Robotics and drones
- Any other compelling ideas
Stages and Timelines
Stage 1: Online Idea Submission (Last Date: 2 June 2023)
Participants are required to submit a problem statement in the given domain and a feasible idea online.
Intimation to the selected idea teams. (Date: 6 June 2023)
- Right Identification of the Problem (Appropriate Selection of the Problem)
- Relevance of the Solution (Adequately addressing the problem/need)
THERE IS NO REGISTRATION FEE
Stage 2: Presentation of the idea (Date: 9 June 2023)
- The top 10 Participants will be selected for the finals based on their submissions in each category. Each participant will be given 5 minutes to present the idea in depth.
- This will be judged by a panel of expert judges. The presentation will be followed by questions from the panel and suggestions.
- Quality Features of the Solution (Distinctive features of the solution)
- The uniqueness of the Solution (Intellectual Property Component)
- Feasibility of the Solution/Innovation (SMART: Specific, Measurable, Attainable, Realistic, Timebound)
- Panel Questioning
Rewards and Prizes:
|Theme 1: Manufacturing|
(Electronics, Biotechnology and Mechanical etc.)
|Theme 2: AI, ML, Data Science|
|Winner: Rs. 5000/-||Winner: Rs. 5000/-|
|First Runner Up: Rs. 2000/-||First Runner Up: Rs. 2000/-|
|Second Runner Up: Rs. 1000/-||Second Runner Up: Rs. 1000/-|
|Participation certificate||Participation certificate|
Opportunities for the participants:
- Ideation / POC/ Prototype equity free Seed money up to Rs. 2 Lakhs (Total Rs. 10 Lakhs per cohort)
- All the innovators submitting idea to receive structures idea validation and Incubation Support for three Months.