The Challenge

"Innovation Challenge" is an open award competition calling for innovative solutions. The technology areas are identified based on the various technical studies, consultations with industry experts and Bureau of Energy Efficiency. The technology areas covered by the innovation challenge are Waste Heat Recovery, Pumps, Pumping system and Motors, Space conditioning, Industrial IoT, Industrial Resource Efficiency and Electrical Energy Storage.

Innovation Challenge Cycle

01
Announcement of Innovation Challenge
02
Application Screening and Shortlisting
03
Pitching to Expert Panel Members
04
Due Dilligence By FLCTD Team
05
Announcement of Winners
06
Contract Award for Technology Demonstration
07
Technology Validation
01
Announcement of Innovation Challenge
02
Application Screening and Shortlisting
03
Pitching to Expert Panel Members
04
Due Dilligence By FLCTD Team
05
Announcement of Winners
06
Contract Award for Technology Demonstration
07
Technology Validation

Who Can Participate?

  • Indian Technical Institutes/Universities
  • Research Institutes
  • Startups
  • Micro, Small & Medium Enterprises
  • Large Industries
  • Research And Development Units In Public Sector
  • Enterprises & Govt Labs

Parameters For Selection

  • Nature of innovation (Product design/Process Innovation)
  • Addresses a key issue/technology gap in the industry
  • Replication potential
  • Scalability and sustainability
  • Energy saving and greenhouse gas emission reduction
  • Financials (pay-back period, Internal Rate of Return)
  • Technology readiness stage (R&D/Prototype/Pilot demonstration/Commercial)
  • Intellectual Property Right/Patents(granted/applied)

Incentives For Participation

Financial Support Up To USD 50,000 For Winning Technology For Demonstration At Multiple Locations, Wherever Required.

Performance Verification To Establish The Efficacy Of Innovative Technology In Working Conditions.

General Guidelines, Terms And Conditions

  • Participant shall submit solutions/product designs owned by them or to which they have right to claim and use as owned by them. Suitable documents to this effect must be submitted along with the entry.
  • Participant shall ensure that any submission made in the Challenge does not violate any of theirs or any third party’s intellectual property rights, confidentiality, trade secret and violate any statutory provisions.
  • BEE, UNIDO, its employees, members of Expert Panel and organizers of this innovation challenge shall in no event be liable for any violation of IPR, or license or permits required from third party.
  • Participant shall not assign any rights, obligations, or privileges hereunder without the prior written consent of Organizers of the Challenge.