Cinque Terre

    Event Description:(15th march) -

    Teams having any innovation/project/research outcome as a part of their academic project or hobby activities which has potential to become a useful product if support is given to it can apply in this event.

    This participant will give a clear idea of what the project/product will be, usually expressed in statements of work, Proof of concept, Prototypes, functional product specs, or their equivalents. Participating teams will demonstrate their innovation in any form/pictorial/POC/Video/Presentation etc. and share how they can make a useful product out of this if financial and other resources are given to the team.

    Level Description: -

    Team need to present their innovation which they wish to take it to product stage with a clear plan. They will submit a report/PPT for the same to jury and participants.

    Project report / presentation may contain following points clearly

    • Prior Art Search/Literature review about the project being undertaken to prove its novelty
    • Market research along with Market Size
    • Problem Statement with Abstract
    • Expert opinion
    • Customer Validation/Survey
    • Idea Validation (conclusion of Expert opinion and Customer validation)
    • Existing Competitors if any
    • STP (Segmentation, Target Market and Positioning) if identified already
    • Raw Business Plan
    • Product design proposed (if applicable)
    • Overall Project Cost (Prototype cost and Final product realization cost)

    8-10 min pitch of the product.

    • The product/Service must be unique (or solves the problem uniquely) and should have a scalable market.
    • Repetition of the product or idea should not be entertained.
    • One team/participant can present more than one products.
    • The project submitting here must not be presented anywhere till Techfest result declared.
    • Best potential teams will be rewarded by financial assistance if they fit into state level benchmarking to receive grant under SSIP grant by GTU.
    • Best Projects/Products may be incubated at GTU Incubator (Ahmedabad/Rajkot/Surat) for further support like Co-Working Space, Mentoring support, R&D Support, Legal documentation Support.
    Hrishikesh vachhani:9737191098 , Dipti solanki :9662445484