The Innovation Ignition Initiative is a program designed to support researchers and innovators in transforming their ideas into commercially viable business ventures. It aims to foster innovation, create job opportunities, and build a sustainable innovation ecosystem.

The initiative is open to institutes, innovators, researchers, industry professionals, and investors who are interested in being part of a collaborative innovation ecosystem.

Participants in the program will gain access to the start-up ignition program and receive guided mentoring sessions. The initiative provides a platform for participants to prepare for the final innovation exhibit presentation and qualify for seed funding.

The primary objective of the Innovation Ignition Initiative is to support institutes and research organizations in commercializing developed technologies. This is achieved by establishing process and policy-driven pre-incubation and incubation centers on their premises.

The program focuses on transforming job-seekers into job creators by building an entrepreneurial mindset. It also supports industry access to shared innovations for the development of new products and services.

The duration of the initiative may vary, but typically it involves multiple stages, spanning from the expression of interest to the final innovation exhibit presentation. Specific timelines will be communicated during the registration process.

The initiative is open to individuals, including innovators and researchers. It encourages a diverse range of participants, fostering a collaborative environment.

Participation in the initiative is generally free. However, there might be specific requirements or costs associated with certain optional programs or events within the initiative.

Mentors are selected based on their expertise and experience in relevant fields. The qualification process includes a self-paced mentor induction to ensure that mentors are certified and equipped to guide participants effectively.

Following the presentation, qualifying participants may have the opportunity to receive seed funding to further develop their projects. Additionally, there may be avenues for ongoing support and collaboration.

Success is measured by the commercial viability of the ventures developed during the program, the number of successful collaborations between institutes and industries, and the overall impact on job creation and entrepreneurship.

Yes, participants have opportunities for networking through industry connect programs, mentorship sessions, and collaborative projects, fostering a dynamic and supportive community.

Yes, the initiative encourages ongoing collaboration between institutes, researchers, and industries even after the formal program concludes. The goal is to establish lasting partnerships that contribute to long-term innovation.

Intellectual property (IP) considerations are typically addressed during the program, with a focus on ensuring fair and transparent handling of IP rights. Specific details will be communicated to participants during the program.

Yes, there is typically a final innovation exhibit presentation where participants showcase their innovations. This event may be open to the public, providing a platform for visibility and potential collaboration.