Start-up companies and IT companies with a trunover of less than Rs.50 lakhs p.a will be eligible to submit proposal under this category.
The focus will be on innovative products that address societal problems. The start-ups and companies selected for Innovation Award shall be granted an amount of Rs.1.00 Lakh (Rupees one Lakh only )per product.
Awards in the following techonologies and subject are considered for this purpose:
- Technologies: IoT,SMAC,Semiconductors (Chip/device/System) design, Green IT
- Subjects: Education, Healthcare,Agriculture,Digital Literacy, Rural Development,Smart Cities, Logistics Management, Integrated water Management.