IIT Madras Partners with University of Southampton & British Council to Bring Innovative Solutions for Waste Management

SI TeamIndian Institute of Technology Madras (IIT-M) in partnership with University of Southampton and British Council is organizing an event to find sustainable solutions for waste management. The second edition of the U.K.India Social Innovation Challenge provides winners the opportunity to learn from entrepreneurship initiatives of IIT Madras. The event is targeted at students who already have a plan, design, project or a startup in the waste management sector.

Prof. R.Nagarajan, Alumni Community Chair Professor, IITM, says, “Waste management is a great example of a need that a social entrepreneur can fill best. Voluntary efforts can only go so far. I’m delighted to see CSIE enter into this partnership. I’m sure some viable solutions will be forthcoming. Equally importantly, these youngsters will be getting exposure to various facets of social enterprise.”

Students can take part as a team or an individual and any current university student from any year of study from UK or India is eligible. A prize money of 2900 UKP will be offered to the winners along with a chance to get exposure to the various entrepreneurship related initiatives at IIT Madras through CSIE (Centre for Social Innovation and Entrepreneurship). The last date for registration is 4th November, 2018. The competition creates a vibrant network to promote collaboration and best practice sharing in the field of social entrepreneurship between the U.K and India.

The project can be an idea, prototype or start-up phase and in the end students would have learned the key aspects in a Business Model Canvas. Participants are required to fill up a Social Model Canvas template of which is available on the competition platform. Evaluation will be done on three metrics namely innovation, sustainability and understanding the problem area. Participation in a larger knowledge pool will help them familiarize with other projects, join any project as a team member and participate in discussions.

Founded in 1959 by Government of India, IIT Madras offers undergraduate and post graduate programmes leading to the B.Tech, M.Sc, M.B.A, M. Tech, M.S and Ph.D degrees in a variety of specializations. It fosters lively entrepreneurial culture with strong curricular support and through IITM Incubation Cell. Being a residential institute, IITM has more than 550 faculty and 9000 students. It has been ranked No.1 among Engineering Institutions in India for the last three years.

UK-India Social Innovation Challenge initiative was created in a competition format and aims to motivate social innovation in the international community. It intends to find, fund and support innovative and sustainable solutions to make earth a better place to live. By providing a business model, the creativity and understanding of the chosen area is what evaluated.