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About the Programme
 
The India Innovation Growth Programme is a joint initiative of the Department of Science and Technology, Govt. of India; Lockheed Martin Corporation; Indo-US Science and Technology Forum, Federation of Indian Chambers of Commerce and Industry; Stanford Graduate School of Business and the IC2 Institute at the University of Texas. The aim of this programme is to accelerate innovative Indian technologies into the global markets. The India Innovation Growth Program is the only program of its kind, because of its focus on teaching using world-class commercialization strategies and the business development assistance provided.
 
During the first phase of the programme, the project team comprising of subject matter experts from FICCI will select 100 innovative technologies from a wide range of sectors such as aeronautics, agriculture, biotechnology, chemistry, communications, computing, defense, electronics, environment, healthcare, information technology, manufacturing, materials, life sciences, nanotechnology, petrochemical, semiconductors and transportation.
 
FICCI approved applications and technologies will be evaluated and ranked by a joint team comprising all programme partners. Predefined parameters (such as development status, patent status, funding required to technology development, etc.) will be used to select the most appropriate technology companies to go forward in the programme. The assessment will be done in two phases. During the first phase, evaluators review and offer constructive feedback on the technical and commercialization potential of the application submissions. In the second phase refined applications are scored based on predefined parameters and evaluator feedback to select the top 50.
 
During the second phase of the program, the selected 50 innovators will be given week long advanced training in basic principles of product commercialization, readiness for market, business models, IP rights, competitive positioning, and mechanisms for revenue by experienced faculty members from the Stanford Graduate School of Business. The Entrepreneurship Workshop is organized to provide training to the innovators and also prepare them to participate in an Innovator's Competition.
 
The top 50 innovators will then present their innovations to a panel of judges comprising renowned technologists and commercialization experts from India and the United States. At the end of the competition, 30 best innovations will be awarded
 
Thereafter, the top 50 innovators will receive professional business development assistance from FICCI and top 8 both by FICCI and the IC2 Institute, University of Texas The business development managers at FICCI and IC2 Institute work towards assisting the winners in commercializing their technological innovations and finding them suitable business partners in India as well as global markets.
 
The programme process is outlined below:
 
 
 
 
 
 
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General Queries
Email : innovations@indiainnovates.in
 
Technical Queries
(Monday to Friday, 10 AM to 06 PM)
Email:info@indiainnovates.in
Phone: 040-39594955
 
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