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Alvina Lopez, a writer on topics relating to accredited online schools, brings forth the following tid-bit post for the readers of Spicy IP:
The India Innovation Initiative (i3) Awards ceremony took place last week for the second year in a row, showcasing the remarkable diverse range of cutting-edge technologies developed by students and working scientists alike. Presented at the IIT-Delhi campus, the awards were given out to 50 outstanding innovations out of over 900 entries. The first place prize went to 25-year-old Shwetank Jain for his Intelligent Power Conditioner with Hybrid System Integrator. Jain is a graduate of IIT Kharagpur.
A Hindustan Times article reported on Jain’s win, detailing his project. Explaining the basis for his innovation, which grew out of P2 Power Solutions, a start-up he and his friends founded in 2005, Jain was quoted as saying:
“Most industries face problems in power supply. With increasing use of automated machines it was imperative for the industries to have uninterrupted power supply. Every time there is a disruption, the operational costs go up. This mechanism ensures all such issues are taken care of. It also helps in reduction of noise pollution and is almost maintenance free.”
The second place prize was awarded to Nandan Kumar, Sudarshan Rajagopal and Sankamesh Ramaswamy, who collaborated on an automated machine that manufactures a non-woven fibrous material designed to replace cotton balls used for medical purposes. The material better and more safely absorbs blood and other bodily fluids than cotton.
An India Express article featured a few other finalists from the i3 awards. It reported on Mahesh Rajaram Atale, a botanist working for a pharmaceutical company in Mumbai, who created a device that enables scientists peering through microscopes to very easily view digital images on a computer screen instead. Another notable innovation, devised by lab scientist Bhushan Gurmukhdas Jagyasi, forecasts plant diseases using both sensors that collect weather and soil information, as well as farmers’ participation, who answer questions or take photos with mobile phones, then send the information to a lab via text for analysis.
In addition to cash prizes, the top five winners of the contest will be granted IP protection and support with commercialization and licensing, thus turning their ideas into functioning realities. The India Innovation Initiative was founded last year as a project shared by the Department of Science and Technology of the Government of India, the Confederation of Indian Industries, and Agilient Technologies. i3’s purpose is to foster innovation on a grass-roots level by providing support to students and scientists across the nation who present creative solutions to pressing societal problems. For more information on i3, check out their website here.
The author welcomes your comments at her email Id: alvina.lopez @gmail.com
Who will own the IP in all these inventions?