The second edition of the awards held jointly by IIT Delhi’s Foundation for Innovation and Technology Transfer (FITT) and Ericsson, saw students from across 14 premier engineering institutes of country including IITs, IISC, BITS Pilani and IIITs, pitch their ideas for innovative start-ups, vying for the three top prize, which includes a cash prize of Rs 13 lakh for each, and an incubation tenure with the research and development wing of Ericsson .
From the proposals received, seven were shortlisted in the month of February 2016 on criteria such as degree of innovation, feasibility, scalability and the overall impact on masses. Each shortlisted proposal was given an incentive by Ericsson to complete the initial prototype within two months. The winning projects were selected by the Jury in front of an audience comprising of students, Faculty, Innovators and industry leaders.
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