ACIC RISE Association, CGC Landran in association with Startup Punjab organised a two day event ‘Ideamanthan 2022’. Dignitaries who graced the occasion included Ms. Dimple Bansal, AGM, Punjab Infotech, officials from Start-up Punjab and Mr. Rakesh Munjal, Assistant Director, DOIT, Startup Punjab.
Team Split bot, Matrusri Engineering College, Hyderabad, won the first prize for its innovation. Reseta Labs, Reseta Research LLP, Patiala, Punjab won the second prize while Tech Warriors won the third prize. 150-plus teams from across India registered their ideas for the competition.
60-plus teams were shortlisted for the final round of the Ideamanthan. Participants hailed from states including Punjab, Maharashtra, Madhya Pradesh, Andhra Pradesh, Orissa, Puducherry, Delhi, Uttar Pradesh, Himachal Pradesh, and Haryana, among others. They were evaluated on the basis of their business models and pitching presentations.
ACIC RISE, CGC Landran will further assist the winners in idea incubation and its future development into a viable business or start-up.Team Split bot, Matrusri Engineering College, Hyderabad won the first prize for their project aimed at improving safety measurement of vehicles by developing an auto speed control system in vehicles by using microwave radar and ultrasonic sensors.
They were felicitated with a cash prize of Rs 50,000 and certificates. The second prize of Rs 30,000 was won by team Reseta Labs, Reseta Research LLP, Patiala, Punjab. The team has developed a biopharmaceutical product that helps stop excessive bleeding from a large wound or cut within 10 secs. It is aimed at saving precious lives of victims of roads accidents or battle wounded warriors.
The third prize of Rs 30,000 was conferred upon team Tech Warriors from Guru Jambheshwar University of Science and Technology, Hisar, Haryana for developing an electronic device and a mobile application, which sends out SOS messages to relevant contacts & seek help, within seconds, in case faced with an unsafe scenario.
Atal Community Innovation Centre (ACIC) RISE, CGC Landran, supported by AIM, NITI Aayog (Govt. of India), aims to foster innovation and entrepreneurship culture in semi-urban, rural India as also to support innovators in their journey towards setting up their own start-ups.