The Bridgedots Techservices P. Ltd. an incubatee company of MCIIE, IIT (BHU) Varanasi, has been awarded with prestigious DST – Lock Heed Martin Innovation Award for this year. Bridgedots has been placed among the Top 10 most innovative companies and will be mentored by IC2 institute of Texas, Austin.
The Bridgedots technologies P Ltd. has been initiated by Mr. Abhishek Poddar-Chemical Engg. Batch 2008, Mr. Tanmay Pandya & Nikhaar Jain both Chemical Engg. Batch 2009 of IIT (BHU), Varanasi
Bridgedots Techservices have been awarded for developing a technology to use rice husk ash and extract highly dispersible silica from it. This silica can be used in tires and can improve the fuel mileage of vehicle by 5-7%.
The India Innovation Growth Programme is a joint initiative of the Department of Science and Technology, Govt. of India; Lockheed Martin Corporation; Indo-US Science and Technology Forum, Federation of Indian Chambers of Commerce and Industry; Stanford Graduate School of Business and the IC2 Institute at the University of Texas. The aim of this programme is to accelerate innovative Indian technologies into the global markets. The India Innovation Growth Program is the only program of its kind, because of its focus on teaching using world-class commercialization strategies and the business development assistance provided.
During the first phase of the programme, the project team comprising of subject matter experts from FICCI select 100 innovative technologies from a wide range of sectors such as aeronautics, agriculture, biotechnology, chemistry, communications, computing, defense, electronics, environment, healthcare, information technology, manufacturing, materials, life sciences, nanotechnology, petrochemical, semiconductors and transportation.
During the second phase of the program, the selected 50 innovators will be given week long advanced training in basic principles of product commercialization, readiness for market, business models, IP rights, competitive positioning, and mechanisms for revenue by experienced faculty members from the Stanford Graduate School of Business. The top 50 innovators then present their innovations to a panel of judges comprising renowned technologists and commercialization experts from India and the United States. At the end of the competition, 30 best innovations are awarded, thereafter, the top 10 innovators receive professional business development assistance from FICCI and the IC2 Institute, University of Texas The business development managers at FICCI and IC2 Institute work towards assisting the winners in commercializing their technological innovations and finding them suitable business partners in India as well as global markets.
The technology developed by Bridgedots has been selected in the top 10 companies who will be receiving professional business development assistance from FICCI and top 10 both by FICCI and the IC2 Institute, University of Texas.
(P K Mishra)
Secretary – MCIIE