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Grand Finale of Smart India Hackathon 2018 to be held on June 18-22
The Grand Finale of the first ‘Smart India Hackathon 2018’ (SIH2018) – Hardware edition – will be held on from Jun 18-22, 2018. Organised by the Ministry of HRD along with AICTE, Persistent Systems, i4C and IIT Kharagpur, the Smart India Hackathon 2018 is in line with the ‘Make in India’ initiative of the Govt of India, and is aimed at proving an important vehicle for scouting new ideas and help them convert them into products and businesses. Over 4362 team ideas were received with participation from 50000+ students across 752+ technical institutions. After two internal rounds of evaluations with support from industry experts, 106 teams have been shortlisted to compete under the 10 themes in the SIH2018 Hardware edition Grand Finale.
Speaking to media persons, Prakash Javadekar, Union Minister for Human Resource Development, said that the SIH2018 – Hardware edition is the first of its kind innovative initiative by Ministry of HRD to provide national platform to young technical minds of India to showcase their disruptive innovations and creative products which can bring out revolutionary changes in crucial sectors like agriculture, health, clean water, waste management, automotive, smart communication, and education. The Hardware edition is the sub-edition of SIH2018.
The Grand Finale of the Hardware Hackathon will be a 5 days event and will take place simultaneously at 10 prestigious institutions (Nodal centers) across India – IIT Kanpur (Drones theme), IIT Kharagpur (Agriculture theme), IIT Guwahati (Rural Technology theme), CEERI Pilani (Smart Communication theme), CSIO Chandigarh (Healthcare theme), IISc Bengaluru (Smart Vehicles theme), IIT Roorkee (Clean water theme), NIT Trichy (Waste Management theme), COEP Pune (Security theme), and Forge Coimbatore (Import Substitution theme).
The judging during Grand Finale will be done by industry experts and angel investors. The top 3 winning teams under each theme will stand to win cash prizes – Rs 1,00,000/- to Winning team, Rs 75,000/- to First Runner up team and Rs 50,000/- to Second Runner up team. They may also get support from investors who are willing to invest in the products and make them market ready. Ministry of HRD is working closely with Dept. of Science and Technology to explore the possibility of handholding the winning teams for creating startups with the support from various Technology Business incubators (TBIs) across India. Attempts are also being made to explore new avenues of additional funding post Grand Finale for some of the most promising innovations.
The Grand Finale for Software edition has already been successfully completed on Mar 30 & 31, 2018 at 28 nodal centers and now winning teams have started working on further enhancing their projects. SIH2018 has help India establish one of the biggest open innovation model.