IIT PALKKAD TECHNOLOGY IHUB FOUNDATION
IIT Palakkad has established IIT Palakkad Technology IHub Foundation (IPTIF) to facilitate the Technology Innovation Hub on Intelligent Collaborative Systems (TIH-ICS) setup at IIT Palakkad by NM-ICPS coordinated by the DST, Govt. of India. TIH-ICS, through IPTIF, plans to attract potential and harness expertise available nationwide, thus fostering research innovation, world class technology and product development. IPTIF has launched the ‘Oorga Grand Challenge’, a pre-incubation activity for students and entrepreneurs to pave the way for innovation in the national and global energy sector. The prize money is level-based, around Rs 1.5 lakh for designing after shortlisting, up to Rs 10 lakh for prototyping following the design review and up to Rs 25 lakh for incubation after prototype review. Oorja Grand Challenge aims to enable innovators to design and develop intelligent collaborative systems in the energy domain. Students, Researchers and Entrepreneurs can form teams with the ability to lead fundamental research, product development, industry development, and job creation for Indian and global energy sectors.