G H RAISONI COLLEGE OF ENGINEERING & MANAGEMENT, WAGHOLI, PUNE

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V Ideate U Validate

Window opens from 17th August 2022 to 15th October 2022
72 Hrs. Online International Competition
Register here Guidelines for registration

Our Idea Partner

Our Students Coordinators

  • Om Wagh - 8767448172
  • Vedant Shovnak - 9307155804
  • Rohit Sangole - 7972976481
  • Varun Kulkarni - 9527920720
  • Ruchira Shinde - 7780844398
  • Rameshwar Gahal - 8668512730
  • Nilay Mahale - 7666762469
  • Sanket Jadhav - 8767868304
  • Shrutika Narvekar - 7796899071
  • Vaishnavi More - 9545816069
  • Bhavika Kolhe - 8828973112
  • Shivam Hande - 7038727772
  • Sacchidanand Linge - 7796899071
  • Pratik Mundada - 8788759689
  • Varun More - 9326084004

Objective of the Competition

We aspire to provide a platform to students that would encourage them to:

  • Trigger their thought process to validate the ideas from different domains
  • Engage & wrestle with real-life problems
  • Inculcate culture of innovation driven entrepreneurship
  • Participate in brainstorming for idea-validation
  • Develop qualities required for a start-up
  • Understand the importance of patentability
  • Promote their business ideas to public & private investors

Outcome

Student participation in this competition would provide them an opportunity to develop:

  • Inquisitiveness self-directed learning
  • Laisoning capabilities
  • Collaborative learning
  • Metacognitive skills/ Higher order thinking skills/critical thinking skills
  • Increased competitiveness
  • New partnership relationships
  • Unique Start ups

Who Can Participate

  • Engineering UG and PG students

QR Code to Scan

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Prizes

  • Best idea validation award
  • Ten Exciting Prizes & Appreciation

Salient Features

  • Flexibility in selecting domain specific ideas
  • Flexibility of participation within timeline
  • Idea evaluation by industry experts

Guidelines

  • A maximum of 4 students are allowed per group
  • Participants must ensure to follow the detailed instructions and register before the posted deadline
  • Team has to select any one idea from the provided list covering different domains
  • Evaluators / Judges decision would be final
  • Organizers shall have full authority to make modifications if needed
  • Learn the art of Idea Validation Matrix

Guidelines for registration

  • Registration Fees:
    Indian students: Rs. 100/- per group
  • Foreign students are requested to contact at :
    Mail id - videate.uvalidate@ghrcem.raisoni.net
    Contact No - Chhaya Nayak - 9993298105
  • Registration fee - 100/- per group
  • Uploading ID Card
  • Uploading transaction ID and screenshot

Account Details for Registration

  • Name of Beneficiary : G H Raisoni college of Engineering and Management
  • Name of Bank : ICIC Bank
  • Branch : Ramdaspeth, Nagpur
  • A/C No : 624205012811
  • IFSC Code : ICIC0006242

Idea Validation Matrix

Sr.No. Parameter Description Remarks
1 Novelty of idea Class Wise Novelty: how it differs in the existing class of product Regional Novelty : India , Global , Competitors and categories , similar domain companies , statistical data of domain companies Min. 30 Max 100 words + Graphics
2 Utility Who will use / consume , how will it be consumed /used , how they will benefit from consumption of product/idea , Multiple usage possibilities of product do ( No graphic)
3 Feasibility Technical Feasibility : Justify feasibility with existing proven case /parallel case Business and Innovation Feasibility availability of equipment , raw material , time etc. do ( No graphic)
4 Design & Development Block Diagram / Flow Chart explaining the idea circuit , code, flow charts component list are optional
5 Cost Effectiveness Product cost , scalability , commercial viability , competitive product (cost point of view) , Import substitute , indigenous Mention Cost & its justification in about 100 words
6 Possible Patentability Justify Up to 300 words
7 Social & Environmental Impact Impact on large No. of people in largest possible way , eco friendliness , possibility of adverse impact , edge over the similar products in reference to environment friendliness Justify in about 300 words
8 Business Model & Beneficiaries B 2 B, B 2 C with possible B and C How would they be benefited by your idea (up to 300 words)
9 Futuristic Perspective Possible extension of the same idea Up to 300 words
10 Special government schemes for this tax benefits, finance, subsidy, incentives Up to 300 words