Turning ideas into startups

 Nine teams of young innovators have been selected for pre-incubation at Kochi’s Maker Village to start building their ideas into startups under the unique Bosch DNA Electronics Challenge.

Published: 08th May 2017 09:45 PM  |   Last Updated: 09th May 2017 03:48 AM   |  A+A-

By Express News Service

KOCHI: Nine teams of young innovators have been selected for pre-incubation at Kochi’s Maker Village to start building their ideas into startups under the unique Bosch DNA Electronics Challenge.


The programme is initiated by engineering and electronics giant Bosch in partnership with Maker Village to identify college students and young graduates who can think up viable technology-based solutions to real life problems; and to provide them seed funding and a platform to form startups.


Out of 500 registered participants, 35 teams were interviewed by a panel of experts to evaluate the solutions they offered to problem statements presented across a wide range of topics from Smart Cities and IoT to Wearables, Robotics and embedded electronic products.


Vivekanad Kotiklapudi, who is part of strategy for new initiatives at Bosch, said the judges were impressed by the quality of solutions presented and the detailing.

The problems which received maximum attention from participants were related to Smart Cities including smart waste management and two-wheeler parking slot detection, he said. Solutions were also offered up for sensor fusion platform for vehicle and passenger safety.


The nine selected teams, four of which are from Kerala, will receive Rs 50,000 in funding from Bosch for prototyping, and offered pre-incubation at Maker Village.
After three months they will be evaluated on the basis of the prototype demonstration, and the winners in each challenge will receive Rs 1,00,000 as prize money and incubation at Maker Village for another twelve months.


“The maturity in the perspectives offered by the teams is proof of the quick understanding of the problem and the depth of research conducted to propose implementable solutions,” said Sanoj Somasundaram, general manager Robert Bosch Engineering India.


Rohan Kalani, director operations, Maker Village said that the programme offered a unique opportunity for startups where they will get to closely work with industry experts to develop a product from a problem statement to final production.


The startups will be able to make use of all the facilities available at Maker Village and the Robert Bosch Engineering centres in Coimbatore and Bangalore.

Stay up to date on all the latest Kochi news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp