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	<title>PuneTech &#187; innovation</title>
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	<link>http://punetech.com</link>
	<description>Information about software, engineering, IT, technology, companies, institutes in Pune, India</description>
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		<title>Got Cool Technology? Maharashtra wants to give you a free Trade Fair Stall</title>
		<link>http://punetech.com/got-cool-technology-maharashtra-wants-to-give-you-a-free-trade-fair-stall/</link>
		<comments>http://punetech.com/got-cool-technology-maharashtra-wants-to-give-you-a-free-trade-fair-stall/#comments</comments>
		<pubDate>Thu, 12 Aug 2010 03:25:40 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[cleantech]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[innovation]]></category>
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		<description><![CDATA[Do you have some cool new technology that you would like to showcase? In that case, now is your chance to show it for free at the India International Trade Fair 2010 that&#8217;s happening in Delhi starting on 14th November, 2010.
Basically, Maharashtra has been allocated 11000 sq. ft. at this trade fair to show the [...]]]></description>
			<content:encoded><![CDATA[<p>Do you have some cool new technology that you would like to showcase? In that case, now is your chance to show it for free at the India International Trade Fair 2010 that&#8217;s happening in Delhi starting on 14th November, 2010.</p>
<p><div class="wp-caption alignright" style="width: 124px"><a href="http://punetech.com/tag/government"><img title="India International Trade Fair Logo" src="http://farm5.static.flickr.com/4142/4883659797_0173269c65_o.jpg" alt="India International Trade Fair Logo" width="114" height="111" /></a><p class="wp-caption-text">Science and Technology Park (STP) Pune, wants to give you a stall at the India International Trade Fair, 2010, at Delhi. Are you eligible? Click on the image to see more PuneTech posts related to Indian Government Organizations.</p></div><br />
Basically, Maharashtra has been allocated 11000 sq. ft. at this trade fair to show the coolest stuff from Maharashtra, and out of that 3000 sq. ft. has been allocated to Pune. The <a href="http://stp.unipune.ernet.in/">Science and Technology Park (STP)</a> has been given the responsibility of using this space to highlight the achievements of Pune. They have decided to try to find a few innovative companies/technologies and showcase them (for free).</p>
<p>Specifically:</p>
<ul>
<li>It should be a company or product that actually exists (not just an idea or a concept)</li>
<li>It should be something that is interesting or innovative. Something that shows that Maharashtra is on the cutting edge</li>
<li>Specific domains of interest include <a class="zem_slink" title="Cleantech" rel="wikipedia" href="http://en.wikipedia.org/wiki/Cleantech">CleanTech</a>, GreenTech, Environment, e-Governance, m-Governance; but entries need necessarily not be limited to these domains</li>
<li>The Trade Fair starts on 14th November, and will be at Pragati Maidan, Delhi</li>
</ul>
<p>If you are a company who fits this description, or if you know some other company who does, please get in touch with <a href="http://rohit11.com">Rohit Srivastwa</a> (<a href="&#109;&#97;i&#x6C;&#x74;&#x6F;:&#x72;&#x6F;&#x68;&#x69;&#x74;&#46;&#115;&#114;&#x69;&#x76;&#x61;&#x73;t&#119;a&#64;&#x73;&#99;&#105;&#116;&#101;&#x63;&#x68;p&#97;&#114;k&#x2E;&#111;r&#x67;&#46;i&#x6E;">&#x72;&#x6F;&#x68;&#x69;&#x74;&#46;&#115;&#114;&#x69;&#x76;&#x61;&#x73;t&#119;a &#64; &#x73;&#99;&#105;&#116;&#101;&#x63;&#x68;p&#97;&#114;k&#x2E;&#111;r&#x67;&#46;i&#x6E;</a>), Advisor, Science &amp; Technology Park, Pune. If you are a company/product from Mumbai or elsewhere in Maharashtra, don&#8217;t give up hope. You can still apply, and if found interesting enough, they&#8217;ll try to accommodate you.</p>
<p>That&#8217;s it. Easy, no?</p>
<p>(Note: the website of the <a href="http://indiainternationaltradefair.com/">India International Trade Fair is here</a>; but sadly, it has not yet been updated with 2010 information.)</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><a class="zemanta-pixie-a" title="Enhanced by Zemanta" href="http://www.zemanta.com/"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/zemified_c.png?x-id=e02281a0-42c8-4be6-9d4e-fe6acd6477d1" alt="Enhanced by Zemanta" /></a></div>
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		<title>Panel Discussion: From Jugaad to System Innovation &#8211; May 21</title>
		<link>http://punetech.com/panel-discussion-from-jugaad-to-system-innovation-may-21/</link>
		<comments>http://punetech.com/panel-discussion-from-jugaad-to-system-innovation-may-21/#comments</comments>
		<pubDate>Wed, 19 May 2010 03:17:45 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[mccia]]></category>
		<category><![CDATA[startups]]></category>

		<guid isPermaLink="false">http://punetech.com/?p=2217</guid>
		<description><![CDATA[What: MCCIA &#38; KPIT Cummins presents a panel discussion on &#8220;From jugaad to systematic innovation&#8221;
When: Friday 21 May 2010 at 6:00 p.m.
Where: Hall no. 6 &#38; 7, A wing-5th floor, MCCIA Trade Tower, ICC Complex, SB Road, Pune
Registration and Fees: This event is free for all to attend. However prior confirmation is desired. Mrs. Vinaya [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What:</strong> MCCIA &amp; KPIT Cummins presents a panel discussion on &#8220;From jugaad to systematic innovation&#8221;<br />
<strong>When:</strong> Friday 21 May 2010 at 6:00 p.m.<br />
<strong>Where:</strong> Hall no. 6 &amp; 7, A wing-5th floor, MCCIA Trade Tower, ICC Complex, SB Road, Pune<br />
<strong>Registration and Fees:</strong> This event is free for all to attend. However prior confirmation is desired. Mrs. Vinaya Ingale (email : vinayai@mcciapune.com, tel : 25709180) Mrs. Madhura Chipade (email : madhurac@mcciapune.com, tel : 25709213) Mr. S. H. Kopardekar (email : sudhanwak@mcciapune.com, tel : 25709211)</p>
<p>(Note: NCL also has a seminar by Prof. Krishnan on this same topic on 20th May. See the <a href="http://punetech.com/calendar">PuneTech calendar</a> for details.)</p>
<h3>From Jugaad to Systematic Innovation</h3>
<div class="wp-caption alignright" style="width: 304px"><a href="http://punetech.com/tag/mccia"><img title="MCCIA Pune Logo" src="http://punetech.com/wp-content/uploads/2009/04/mccia-pune-logo.jpg" alt="MCCIA Pune is the premier business organization in Pune. For more PuneTech articles about MCCIA, click the logo" width="294" height="94" /></a><p class="wp-caption-text">MCCIA Pune is the premier business organization in Pune. For more PuneTech articles about MCCIA, click the logo</p></div>
<p>Grassroots innovation that adds value for many has emerged as the strongest theme driving innovation initiatives in India. This has resulted in some outstanding examples of frugally engineered products, that impact many people across a wider area. It is indeed a reason to be proud that many of these have been steered from Pune.</p>
<p>To foster the culture of innovation among businesses in Pune, MCCIA the apex trade body in Pune and KPIT Cummins &#8211; a leading product engineering and IT consulting company with a strong commitment to innovation have come together to present an exclusive opportunity to meet thought leaders who have played a key role in driving innovation.</p>
<p>MCCIA and KPIT Cummins invite you to a panel discussion &#8216;From Jugaad to Systematic Innovation&#8217; based on a book by Mr. Rishikesha Krishnan, Professor of Corporate Strategy &amp; Policy and Jamuna Raghavan Chair Professor of Entrepreneurship at the Indian Institute of Management, Bangalore (IIMB). The panel discussion will explore the innovation paradigm in India and its implications.</p>
<h4>Speakers at  the Panel Discussion are :</h4>
<ul>
<li>Mr. M. S. Unnikrishnan, Managing Director of Thermax Limited</li>
<li>Mr. Shrinivas Sharangpani, former Head of Knowledge Centre, Teardown &amp; Benchmarking Centre and Innovation Centre at Tata Motors.</li>
<li>Mr. Kiran Deshpande, President, Airtight Networks (Winner of the NASSCOM Innovation Award 2009)</li>
<li>Mr. Rishikesh Krishnan, Professor of Coprorate Strategy at IIM Bangalore and author of the book &#8216;From Jugaad to Systematic Innovation&#8217;</li>
<li>Mr. Anup Sable, Senior Vice President, Automotive Engineering, KPIT Cummins</li>
</ul>
<h3>About the Speakers</h3>
<h4>M S Unnikrishnan</h4>
<p>M S Unnikrishnan is the Managing Director of Thermax Limited, the Rs. 3200-crore energy and environment solutions company, headquartered in Pune, India. The company operates in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. The company has been consistently listed by Forbes as one of Asia&#8217;s best under a billion dollar companies. Prior to Thermax he has worked in companies like EID Parry, Terrazzo Inc, U.A.E.He is a Member of the Development Council constituted by the Ministry of Heavy Industries, Government of India, towards creating strategies for the Industrial development of the country.  Apart from that he is actively involved with Confederation of Indian Industry (CII) as a National Committee Member for (i) Power and (ii) Capital Goods.  He also served as a Member of the special Sub-committee created by the CII for enabling the Civilian Nuclear Agreement between India and USA. He is also co-opted as a Member of the Advisory Committee co-chaired by the Chief Minister of Jammu &amp; Kashmir for creating a 2020 vision and plan for the state. Mr. Unnikrishnan is known for his strategic and human relations skills and is a keen champion of green technologies. He is also an alumnus of Harvard Business School&#8217;s Advanced Management Programme.</p>
<h4>Shrinivas Sharangpani</h4>
<p>Shrinivas is the former Head of Knowledge Centre, Teardown &amp; Benchmarking Centre and Innovation Centre at Tata Motors. An author and researcher, Shrinivas has a patent on process of making mirror like reflective coating on large bodies and has 3 more patents pending. He holds a Bachelor of Engineering degree in Metallurgy and is an expert in the area of Innovation, Benchmarking, Product Development, Value Engineering, Cost Reduction and Creativity. Prior to Tata Motors he has worked with Bajaj Tempo Ltd (now Force Motors).</p>
<h4>Kiran Deshpande</h4>
<p>Kiran is the President of Airtight Networks, a global leader in wireless intrusion prevention systems, wireless LAN monitoring products and Radio Frequency management. Kiran brings 24 years of management and technology experience in the software industry. At AirTight he oversees sales and operations for the EMEA and Asia Pacific regions. Kiran was formerly the Managing Director and CEO of Mahindra British Telecom (MBT). Kiran grew the company from US $7m in five years achieving over 60% CAGR on revenue and 110% CAGR on net profit. The company became one of the top software services companies from India. Under his leadership Airtight Networks won the NASSCOM India Innovation in the New Technology Advancement category for 2009.  Kiran has worked with companies like IMR (later acquired by CGI) and Tata Consultancy Services (TCS). Kiran has a BSEE from Birla Institute of Technology and Science, Pilani, India and MSEE from Indian Institute of Technology, Mumbai. He is a senior member of IEEE.</p>
<h4>Rishikesha T. Krishnan</h4>
<p>Rishikesha T. Krishnan is a Professor (and currently Area Chairperson) in the Corporate Strategy &amp; Policy Area, &amp; Jamuna Raghavan Chair Professor of Entrepreneurship at the Indian Institute of Management, Bangalore (IIMB), India. His research interests are in the areas of strategy, innovation and competitiveness. Prof. Krishnan holds degrees from IIT Kanpur, Stanford University and the Indian Institute of Management, Ahmedabad. He has been a member of the Confederation of Indian Industry (CII) National Panel on Intellectual Property, R&amp;D, Technology and Innovation; the Advisory Council of CIIâs National Innovation Mission; and on the jury of Nasscom&#8217;s innovation awards. He has been a member of government committees to review the performance of the National Innovation Foundation, and to study âThe Future of Aviation and Aeronautics in India.â He has done external reviews of the plan schemes of Indiaâs Department of Scientific &amp; Industrial Research and the Department of Biotechnologyâs SBIRI scheme. Prof. Krishnan is an independent director on the boards of  several companies He is a trustee of the Foundation for Excellence India Trust (www.ffe.org). He was the Fall semester 2008 Visiting Scholar at the Center for the Advanced Study of India, University of Pennsylvania. Professor Krishnanâs first book, From Jugaad to Systematic Innovation: The Challenge for India (see <a href="http://jugaadtoinnovation.blogspot.com">http://jugaadtoinnovation.blogspot.com</a>), was published in February 2010.</p>
<h4>Anup Sable</h4>
<p>Anup is the head of the automotive line of business at KPIT Cummins. With his commitment to innovation in product engineering and solutions delivery he has built strong relations with customers and has been helping them to globalize &amp; standardize their products and operations efficiently. He has been instrumental in creating a robust delivery ecosystem which supports clients in bringing complex technology products and systems faster to markets. Passionate about technology in cars, Anup began his career as a research engineer at the Automotive Research Association in India (ARAI). With over 15 years of experience in the field of automotive electronics, Anup has played a key role in setting up the Automotive Electronics practice at KPIT Cummins. Anup has done his engineering from Government College of Engineering, Pune where he was awarded the Best Outgoing Mechanical Engineer. Anup has authored numerous articles and frequently speaks at national &amp; international forums on automotive technologies and electronics in particular.</p>
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		<title>How many innovative small businesses are there in India?</title>
		<link>http://punetech.com/how-many-innovative-small-businesses-are-there-in-india/</link>
		<comments>http://punetech.com/how-many-innovative-small-businesses-are-there-in-india/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 03:30:13 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[guest-post]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[startups]]></category>
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		<guid isPermaLink="false">http://punetech.com/?p=2009</guid>
		<description><![CDATA[(This essay was written by Kaushik Gala, is taken from his website, where you can find more such essays by him, and is reproduced here with permission. Kaushik is a Business Development Manager at Pune-based startup incubator Venture Center. Please send any comments to galatime@gmail.com)
I want to estimate the number of innovative enterprises in India, [...]]]></description>
			<content:encoded><![CDATA[<p><em>(This essay was written by <a href="http://in.linkedin.com/in/kaushikgala">Kaushik Gala</a>, is taken from <a href="http://galatime.com">his website</a>, where you can find <a href="http://www.galatime.com/">more such essays by him</a>, and is reproduced here with permission.<em> Kaushik is a</em></em><em> Business Development Manager at <a href="http://www.venturecenter.co.in/">Pune-based startup incubator Venture Center</a>. </em><em>Please send any comments to <a href="mailto:galatime@gmail.com">galatime@gmail.com</a>)</em></p>
<div class="wp-caption alignright" style="width: 274px"><a href="http://www.linkedin.com/in/kaushikgala"><img title="Kaushik Gala" src="http://farm3.static.flickr.com/2591/3669902259_ec9d6acb7d_o.jpg" alt="Kaushik Gala, Business Development Manager at Venture Center is looking for all innovators in the areas of biology, chemical, and material sciences." width="264" height="271" /></a><p class="wp-caption-text">Kaushik Gala, Business Development Manager at Venture Center is looking for all innovators in the areas of biology, chemical, and material sciences.</p></div>
<p>I want to estimate the number of innovative enterprises in India, and look into their (in)ability to access risk capital.</p>
<p><strong>Why?</strong> Because I&#8217;d like to know how many Indian enterprises may offer higher returns than FDs, bonds, mutual funds &amp; stocks. But with a lower risk than a VC funded startup.</p>
<p><strong>Why?</strong> Because I believe it is possible to raise &amp; deploy a large amount of risk capital to a large set of Indian companies. $1B+.</p>
<p><strong>Why?</strong> Because 95%+ of innovative enterprises lack access to risk capital. And 95% of &#8216;rich&#8217; Indians / NRIs lack access to private equity investments in India. That&#8217;s my hypothesis.</p>
<p><strong>So what?</strong> Well, there&#8217;s a business model in here somewhere.</p>
<h3>Definitions &amp; Numbers</h3>
<p>I&#8217;m mixing up the various terms used to describe relatively young &amp; relatively small (by revenue) companies. These include: startups, <span style="text-decoration: underline;">M</span>icro, <span style="text-decoration: underline;">S</span>mall and <span style="text-decoration: underline;">M</span>edium <span style="text-decoration: underline;">E</span>nterprises (MSMEs), <span style="text-decoration: underline;">S</span>mall <span style="text-decoration: underline;">S</span>cale <span style="text-decoration: underline;">I</span>ndustries (SSIs), new ventures, spin-offs, spin-outs, etc.</p>
<p>Per the 2006-07 census, there are over <a href="http://www.cii.in/Sectors.aspx?SectorID=S000000007">26 million</a> MSMEs in India. ~ 97% of these won&#8217;t show up in <a href="http://www.mca.gov.in">MCA</a> statistics since they are unregistered or operate as sole proprietorships / partnerships.</p>
<p>A company is Micro, Small or Medium depending on the amount <a href="http://www.cii.in/PolicyAdvocacyDetails.aspx?id=122&amp;SectorID=S000000007">invested</a> in plants &amp; machinery. MSMEs employ ~ 60 million people (= 3 Mumbais) and contribute ~ 20% to India&#8217;s GDP.</p>
<p>Of these, <a href="http://www.nistads.res.in/indiasnt2008/t4industry/t4ind8.htm">over 98%</a> are &#8216;Micro&#8217; enterprises. The majority are &#8216;one-man shows&#8217; that provide services to local markets with minimal investment. They use traditional techniques, have no formal management practices and lack access to bank credit.</p>
<p>The numbers are huge from a micro-finance perspective. But I&#8217;m looking for candidates for risk capital. Time to narrow down the potential market.</p>
<h3>Innovative (M)SMEs</h3>
<p>How many MSMEs have an innovative business model or technology, that is fairly scalable? Who knows! Let&#8217;s make a few random assumptions and pick numbers out of thin air. &#8216;Micro&#8217; enterprises are less likely to be <strong>significantly</strong> innovative given their constraints. That leaves say ~ 0.5 million Small &amp; Medium Enterprises (SMEs) to choose from.</p>
<p>Ignore stuff like product vs. service, urban vs. rural, geography, etc.. Let&#8217;s assume that at least some % of these <strong>5 lakh SMEs</strong> are innovative enough. To qualify, they should have products/services with some &#8216;edge&#8217;, which provides growth &amp; profits. These SMEs were &#8216;Micro&#8217; at birth, and since they are still around, they must be doing <strong>something</strong> right.</p>
<p>Maybe 2% of SMEs meet this criteria. That&#8217;s 10,000 innovative (and perhaps risk capital worthy) enterprises across India.</p>
<p>My assumption of 2% may be wildly off, but remember that I left out 25.5 million &#8216;Micro&#8217; enterprises. If even a fraction of those get added to the &#8216;innovative&#8217; pool, the 10K number suddenly looks small.</p>
<h3>Risk Capital for Innovative (M)SMEs</h3>
<p>Most MSMEs rely on family, friends &amp; personal networks for funding. Only a select few have access to risk capital from angels, VCs, and certain schemes from government/banks. For example:</p>
<ul>
<li>On average, <a href="http://startupcentral.in/2009/12/india-venture-capital-stats-2009/">&lt; 100</a> Indian companies get VC funding every year.</li>
<li>On average, <a href="http://www.sarahlacy.com/sarahlacy/2009/12/of-angels-and-my-new-favorite-word-jugaad.html">angels</a> &amp; angel networks (eg. Mumbai Angels) fund ~ 50 startups every year.</li>
<li>On average, government <a href="http://venturecenter.co.in/funding/funding.php">schemes</a> for startups (eg. DSIR&#8217;s TePP, TDB seed funds) fund ~ 100 enterprises every year.</li>
<li>On average, ~ 50 companies get listed (via <a href="http://www.altassets.net/pdfs/advisoryresearchconsultancy_2009ipomarket.pdf">IPOs</a>) on our stock exchanges every year. Of the ~ 2000 companies that traded publicly, 80%+ are quite illiquid.</li>
<li>On average, bank lending to MSMEs accounts for &lt; 10% of total commercial lending. It&#8217;s usually in the form of secured, collateralized debt &#8211; not &#8216;risk&#8217; capital. With personal guarantees from borrowers. And probably only to the &#8216;Medium&#8217; enterprises.</li>
</ul>
<p>By any measure, this is hugely insufficient in the context of my 10K estimate. And it gets worse:</p>
<ul>
<li>The average VC deal size in India is ~ 20 crore. That puts the average pre-money valuation at 40 &#8211; 60 crore.</li>
<li>To stand a chance of an IPO on the NSE or BSE, a company must ideally have revenues of over 100 crore.</li>
<li>While governments &amp; banks may be more open to smaller deals, they offer a different set of challenges &#8211; slower processes, risk-aversion, stringent spending terms &amp; conditions, limited exposure to risk capital, etc.</li>
</ul>
<p>SMEs need to invest 10 lakh &#8211; 5 crore in their businesses. In the Indian VC world, this would count as &#8217;seed funding&#8217; or &#8216;early stage funding&#8217;. It is supposed to be followed by Series A, B, C, &#8230; on its way to a 100-1000 crore valuation. But not every SME is a glamourous, Silicon Valley style, tech startup. Not every SME is addressing a 1000 crore market. <strong>Or even a 100 crore market</strong>. So all this talk of &#8217;seed funding&#8217; is irrelevant.</p>
<p><strong> </strong></p>
<p><strong>Bottom-line: There is a tremendous shortage of risk capital &#8211; in the 10 lakh to 5 crore range &#8211; for innovative (M)SMEs.</strong></p>
<p><strong>[Caveat: Then again, how many of these business owners are willing to part with equity?]<br />
</strong></p>
<p>For the MBA/VC types, here is what the SAM (serviceable/sellable available market) looks like: 10K SMEs * say Rs 50 lakh per SME on average = Rs 5000 crore = $1B. Maybe much more!</p>
<p>Demand is not a problem. What about supply? Time for Essay #2.</p>
<p><em><a href="mailto:galatime@gmail.com"></a></em></p>
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		<title>Innovations 2010: Event Update</title>
		<link>http://punetech.com/innovations-2010-event-update/</link>
		<comments>http://punetech.com/innovations-2010-event-update/#comments</comments>
		<pubDate>Fri, 15 Jan 2010 03:28:17 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Event Report]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[iitbaa]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[innovations]]></category>

		<guid isPermaLink="false">http://punetech.com/?p=1968</guid>
		<description><![CDATA[Last Saturday, Pune played host to a number of science and technology innovators from around the country, as a part of the Innovations 2010 conference. 
Overall it was an interesting conference, a little hat ke. There was much less software/IT/web-2.0 kind of stuff, and much more basic science and technology. Also, it was not all [...]]]></description>
			<content:encoded><![CDATA[<p>Last Saturday, Pune played host to a number of science and technology innovators from around the country, as a part of the <a href="http://punetech.com/innovations-2010-showcasing-the-best-science-and-technology-in-practice-jan-9/">Innovations 2010</a> conference. </p>
<p><div class="wp-caption alignright" style="width: 231px"><a href="http://punetech.com/tag/innoations"><img title="Innovations 2010 Logo" src="http://farm3.static.flickr.com/2665/3835061201_9b3fa807db_o.jpg" alt="Innovations is an annual conference to showcase new ideas from across the country. It is hosted by the IIT-Bombay Alumni Association, Pune Chapter" width="221" height="46" /></a><p class="wp-caption-text">Innovations is an annual conference to showcase new ideas from across the country. It is hosted by the IIT-Bombay Alumni Association, Pune Chapter. Click on the logo for other PuneTech articles about Innovations.</p></div>
<p>Overall it was an interesting conference, a little <em>hat ke</em>. There was much less software/IT/web-2.0 kind of stuff, and much more basic science and technology. Also, it was not all targeted towards startups; which means that they also highligh individual innovators&#8217; ideas that are not necessarily going to become a big business (for example, a method for cleanliness at a railway station), and also some interesting ideas from larger companies (e.g. the rapid DFM review and collaboration solution for injection molding from Geometric). Such innovations are not normally included in places like <a href="http://proto.in">proto</a> or <a href="http://headstart.in">headstart</a>.</p>
<p>I missed the keynote presentation by Sanjay Nayak of Tejas Networks. However, <a href="http://twitter.com/abhijitathavale">Abhijit Athavale</a> has <a href="http://athavale.wordpress.com/2010/01/12/innovations-2010-my-take/">covered it</a> on <a href="http://athavale.wordpress.com/">his blog</a>. Excerpt:</p>
<blockquote>
<p>The event was kickstarted with a keynote by Sanjay Nayak, CEO of Tejas Networks, which is a Bangalore based optical networking startup. Tejas, which has been around for the last 5 years or so, is profitable and has revenues close to $150m. That is quite an impressive feat from an Indian high-tech startup, selling products from India worldwide. It is also a shining example to the naysayers who keep on saying that Indian product companies cannot sell products in the US. I hope that more people follow Tejasâ lead and venture into the space. Sanjay mentioned that India itself is a great market for petrochemical and telecom markets, and if you design products that satisfy the needs of these markets, you will have the advantage of selling close to home in the markets you know; something that your gadzillion dollar competitor does not. That said, it is imperative that the products you build are international class; in other words, you must implement internationally standard processes and techniques to make this happen. One thing that is lacking in India is government support â by making a policy that Indian Govt agencies/companies must buy from Indian product companies if the product quality is on par, the government will give a significant boost to innovation in the high-tech space. Instead of innovating for MNCs, people will start innovating for their own companies.</p>
</blockquote>
<h3>The Main Course &#8211; The Innovations</h3>
<p>Here is a list of the innovations that were presented. These are mainly short, one or two line descriptions of the main innovation. You&#8217;ll notice that there are a bunch of Pune companies in this list.</p>
<h3>Electronically driven supercharger</h3>
<p>Rajeev Ranadive, Automotive Robotics, <strong>Pune Company</strong></p>
<p>Customers like powerful dynamic cars, but don&#8217;t want to pay for it. More accurately, they want extra power during acceleration or climbing. Not really required all the time. And turbochargers run all the time, which is a waste. Instead, they have a electrically driven supercharger which provides the extra power only when needed, and at low engine speeds, it charges the battery. Hence it require lower electrical input, and higher mechanical output.</p>
<p>This company was also at proto.in Pune, but here they presented a different innovation. Which is pretty cool.</p>
<h3>HyCator Cavitating Reactor Engine</h3>
<p>Anjan Mukherjee, HyCa Technologies</p>
<p>HyCa was pretty much a repeat of their proto.in, Pune, presentation, so not repeating it here.</p>
<h3>Generating electricity from ocean waves.</h3>
<p>S.G. Kanitkar, Enviro Abrasion Resistent Engineers Pvt. Ltd., <strong>Pune Company</strong></p>
<p>Their system is called ANEESH (Adaptive Near-shore Energy Extraction and Supply Hydrokinator. This mechanism has lower initial set-up expenses (&#8220;capital costs&#8221;) than solar or biomass energy, and cost and capacity utilization factor is comparable to other renewable energy sources. They have a prototype that is 1.5m x 4m x 6.5m which generates 2 kW of power. They need collaborators for electrical systems and electronic controls to complete the full system. In addition, they want people who can liaise with government bodies to ensure that they get past the appropriate regulatory hurdles.</p>
<h3>Avoiding crap at the railway station.</h3>
<p>Rajendra Ladkat, individual inventor, <strong>Pune inventor</strong></p>
<p>The current method is just a hole in the train compartment and the crap ends up on the tracks everywhere and anywhere, including the railway stations. Ravindra has invented a simple mechanism which ensures that the waste matter is discharged only when the train is going at high speeds, which is a much better place to discharge it than when the train is stationary. It is a simple vertical HDPE pipe, with sloping sides and two flexible flaps. The flaps open when the train speed goes about 40kmph. Trial was conducted in Pragati express in Jan 2009, and the trial was found to be satisfactory by all stakeholders. Economics: 9000 passenger trains with 40000 comparments (which means 1,60,000 potential installations). This totally costs 48cr (contrast with Rs. 4000 cr. allocated by government for green toilets.) He is looking for business collaborators.</p>
<h3>Design for Manufacturability tool for CAD/CAM software</h3>
<p>Bhaskar Sinha, Geometric Software, <strong>Pune Company (mostly)</strong><br />
DFM = Design for Manufacturability. Designers can check for manufacturability in their CAD tool itself. When the designer is creating a design in CAD, the tool will check and validation the design from a manufacturability point of view. It points out problem areas and indicates what constraint was violated by the design. Contextual help at this point gives the user information about best practices (and this can include knowledge from the customer company itself.) (@aparanjape thinks that this kind of functionality should be there in major CAD/CAM products, so it&#8217;s not really clear what the innovation here is.)</p>
<h3>Non-duplicatable material for security (ID cards, etc)</h3>
<p>Raman Nanda, Bilcare, <strong>Pune Company</strong></p>
<p>NonClonable security technology, from Bilcare. Consider ID cards, driving licenses, ration cards, health cards, NREGA cards. Any of them can be duplicated. Bilcare has used nanomaterials and micromaterials to develop a material that has a unique &#8220;material fingerprint&#8221;. This is invisible to the naked eye, but machine readable. And since it is at the micro/nano scale, it is not duplicatable. It cannot be reproduced, even by the original manufacturer (or Bilcare). This technology can be integrated with any security technology, like barcodes, RFID, or magstrips. They claim this requires significantly lower total cost of ownership, since this technology does not require any electronic parts in the card. It requires the scanner (i.e. the device that is used to check the identity) to be connected to a central server.</p>
<h3>Tree Climbing Device</h3>
<p>Mushtaq Ahmed from Kashmir, and Sham Antoorkar from Ahmedabad</p>
<p>They have invented a simple mechanical (non-electronic) device that can be used by unskilled people to climb trees/poles/etc easily and safely and allows resting while climbing. Mushtaq invented the device and Sham make some changes to make it commercially viable. The plan is to launch it by March 2010.</p>
<h3>Rotory variable compression ratio engine</h3>
<p>Das Ajee Kamath, Gyatk</p>
<p>You can&#8217;t put petrol in a diesel car, or diesel in a petrol car. VCR = Variable Compression Engine, would allow you to put any fuel in any engine. And this is an idea that companies all over the world have been working on for 20+ years &#8211; but it has significant limitations. Gyatk has invented a rotory VCR, which overcomes the limitations. They have a working prototype, and patents in 40+ countries, and engagement with two major auto companies in the country.</p>
<h3>Health emergency alert system for Seniors</h3>
<p>Umang Salgia, Wellcore Corp. <strong>Pune Company?</strong></p>
<p>A device that seniors can wear on their body and it can automatically detect emergency situations, or the person can manually activate it, and it sends an alert to the appropriate person/organization. It monitors vital signs, motion, blood pressure etc. And the alert also gives the location of where the emergency happened. </p>
<p>I think Wellcore has a development center in Pune. (Given that both founders are Pune folks, I&#8217;d guess that it is mainly a Pune company, but I cannot find any information on their website, or anywhere else on the web. Can somebody confirm?). It is interesting to note that Wellcore also presented at CES (the Consumer Electronics Show, at Las Vegas, the biggest electronics conference in the world) this year, and was chosen as one of the top ten products by <a href="http://mobihealthnews.com/6041/analyst-wrap-up-10-technologies-at-ces/">this website</a>.</p>
<h3>Document sharing with remote control of secure information</h3>
<p>Rahul Kopikar, Seclore Systems<br />
A system that allows sharing of documents but where the original document creator retains control of the sensitive information in the document. At a later stage, if the document creator can revoke the permissions and the document will become unreadable.</p>
<h3>You, me and Disaster, a card game for increasing disaster management awareness</h3>
<p>Peeyush Sekhsaria, Handesign, Bangalore<br />
There is a need to get individuals and communities involved in understanding disaster management. Hence this is a card game that allows people to understand disaster management in a fun settings. Serves like a facilitation tool for teachers, trainers, social workers etc.</p>
<h3>Making rain &#8211; a low cost way of seeding clouds and causing rain</h3>
<p>Shreehari Marathe, individual inventor, Nanded Maharashtra<br />
Seeding clouds to cause rain involves spraying clouds with appropriate minerals. Conventionally done by aircraft. Shreehari invented a way of doing this by burning tyres and putting the salt on it. The smoke carries the salt to the clouds and results in rain. (For reasons I cannot pinpoint, this idea is causing a <em>bad science alert</em> for me. I wonder whether this idea has been proved under scientific, controlled conditions. It is possible that this whole idea suffers from confirmation bias, and other such statistical anomalies.)</p>
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		<title>How can we improve students and industry collaboration on innovative projects? (Answer &amp; win prizes)</title>
		<link>http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/</link>
		<comments>http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comments</comments>
		<pubDate>Thu, 31 Dec 2009 09:25:16 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Events]]></category>
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		<guid isPermaLink="false">http://punetech.com/?p=1910</guid>
		<description><![CDATA[
Update: The contest is over (but the discussion can still continue!) Abhay Patil, who judged the contest, had this comment about the contenst:

On behalf of IITB Alumni Association (Pune Chapter) &#8211; organizers of Innovations 2010 &#8211; let me thank PuneTech and it&#8217;s members for this set of insightful, passionate and well articulated responses. You literally [...]]]></description>
			<content:encoded><![CDATA[<div style="padding: 20px; border: thin solid blue; margin: 20px;">
<p><strong>Update</strong>: The contest is over (but the discussion can still continue!) <a href="http://in.linkedin.com/pub/abhay-patil/1/24/8a1">Abhay Patil</a>, who judged the contest, <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comment-10797">had this comment about the contenst</a>:</p>
<blockquote>
<p>On behalf of IITB Alumni Association (Pune Chapter) &#8211; organizers of Innovations 2010 &#8211; let me thank PuneTech and it&#8217;s members for this set of insightful, passionate and well articulated responses. You literally made our day and have given us enough high quality stuff to digest before we plan the next edition of Innovations!</p>
<p>I will share the &#8216;verdict&#8217; of the organizers with Navin shortly. You would agree that this exercise is not just a &#8216;competition&#8217;. We should/ would figure a way to move forward with these inputs. Thanks again!</p>
</blockquote>
<p>After looking at the quality of the answers, the IITBAA(Pune) has decided to increase the number of prizes to 5, so we have 5 winners: <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comment-10546">Manish</a>, <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comment-10433">Ruchika</a>, <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comment-10657">Abhishek Nagaraj</a>, and <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comment-10710">Vijay Patil</a>. <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/#comment-10718">Vipul</a> gets a special prize for the best student answer. Congratulations and thanks, your free passes are in your email.</p>
<p>Now for the next steps &#8211; actually implementing some of these ideas&#8230;</p>
</div>
<p>We are giving away two passes for <a href="http://punetech.com/innovations-2010-showcasing-the-best-science-and-technology-in-practice-jan-9/">Innovations 2010</a>, worth Rs. <span style="text-decoration: line-through;">1000</span> 500 each (<em>Update: after this article appeared, Innovations appears to have dropped the ticket price down to Rs. 500</em>), for the best answer to the problem laid out in this post. Read on for details.</p>
<p>Earlier today, we wrote about <a href="http://punetech.com/innovations-2010-showcasing-the-best-science-and-technology-in-practice-jan-9/">the Innovations 2010</a> event happening in Pune next Saturday, and while it is great that we have interesting innovations to showcase in events like this, it is a cause for worry that a country of a billion people cannot come up with more innovation; especially when you consider that we probably have more high IQ people than the entire population of the United States.</p>
<p>One of the problems, as I see it, is the lack of collaboration between our best students and Industry. We have lots of smart students wasting away in a bureaucrat controlled education system. They have time on their hands, and even motivation to work on interesting stuff (if you manage to catch them at the right stage). What they don&#8217;t have, is the experience and guidance necessary to work on the right problems. I&#8217;ve seen many bright students working on difficult, but ultimately pointless problems/projects, because nobody pointed them in the right direction.</p>
<div id="attachment_740" class="wp-caption alignright" style="width: 210px"><a href="http://punetech.com/tag/education"><img class="size-full wp-image-740" title="improving engineering education in Pune" src="http://punetech.com/wp-content/uploads/2008/12/improving_education-200x200.png" alt="Click on this icon to see all PuneTech articles related to tech education in Pune" width="200" height="200" /></a><p class="wp-caption-text">Click on this icon to see all PuneTech articles related to tech education in Pune</p></div>
<p>By contrast, there are enough bright people in industry who are full of brilliant ideas, but who are too busy with their delivery schedules, and they just don&#8217;t have to time to implement and try out any of their ideas. Connecting the two sets of people is an obvious solution, that many groups of  have tried without much success, for many years. There are lots of initiatives, like <a href="http://www.peepaal.org/campus/">Peepaal Campus</a>, <a href="http://projects4students.com">projects4students </a>, but I don&#8217;t see any of them really achieving critical mass. I&#8217;m not sure what the problem is, but I feel that one of the issues is the fact that many of these initiatives are focused on B.E. projects of 4th year engineering students &#8211; and that, in most cases, is a waste of time. By that time, most of the students have lost any interest/motivation in doing a good job of the project. Most BE projects, which are supposed to represent a year&#8217;s work for 3 to 4 people, are worthless, and could be done by a passionate/motivated student in 2 weeks. For a more detailed discussion of the problems with motivating 4th year students with industry projects, see <a href="http://forpune.com/questions/89/effective-channels-to-reach-out-to-students-research-oriented">this interesting discussion</a> on <a href="http://forpune.com">ForPune.com</a>.</p>
<p>But, let us not give up. Cynicism is over-rated. I think we can still do something. At least in Pune, a few people getting together can make a difference.</p>
<p>So, here is the challenge:</p>
<p>Suggest a specific, detailed, implementable initiative that a few of us can start in Pune, to get students and industry to work together on innovative projects. To improve your chances of winning, give a proposal that is:</p>
<ul>
<li> Specific (as opposed to general handwaving)</li>
<li>Detailed (as opposed to short one or two liners)</li>
<li>Implementable right now (as opposed to a 10-year plan)</li>
<li>Implementable by us &#8211; people like you and me (as opposed to something the Government is supposed to do for us)</li>
</ul>
<p>Leave your proposal as a comment on this article, or you can post it on your own blog or elsewhere and leave a link (or a trackback/pingback) here. Extra credit if you&#8217;re willing to be one of the persons who will implement the suggestion! The best two entries get one Innovations pass each. Of course, you&#8217;re encouraged to enter even if you&#8217;re not interested in the Innovations pass. (In that case, please indicate that in your entry, so we can give the pass to the next best entry.) The deadline for this contest is Tuesday, 5 January, 2010, midnight, IST.</p>
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		<title>Innovations 2010: Showcasing the best science and technology in practice &#8211; Jan 9</title>
		<link>http://punetech.com/innovations-2010-showcasing-the-best-science-and-technology-in-practice-jan-9/</link>
		<comments>http://punetech.com/innovations-2010-showcasing-the-best-science-and-technology-in-practice-jan-9/#comments</comments>
		<pubDate>Thu, 31 Dec 2009 07:53:22 +0000</pubDate>
		<dc:creator>navin</dc:creator>
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		<guid isPermaLink="false">http://punetech.com/?p=1906</guid>
		<description><![CDATA[On next Saturday, 9th January, Pune will play host to a number of innovative inventors from across the country, as part of Innovations 2010, the flagship event of the IIT-Bombay Alumni Association, Pune Chapter. This is an event that showcases some of the best science and technology innovations in India (whether they are from startups, [...]]]></description>
			<content:encoded><![CDATA[<p>On next Saturday, 9th January, Pune will play host to a number of innovative inventors from across the country, as part of <a href="http://www.innovations-pune.com/">Innovations 2010</a>, the flagship event of the <a class="zem_slink" title="Indian Institute of Technology Bombay" rel="homepage" href="http://www.iitb.ac.in/">IIT-Bombay</a> Alumni Association, Pune Chapter. This is an event that showcases some of the best science and technology innovations in India (whether they are from startups, large companies, or elsewhere), that have been implemented in practice. The innovations showcased could be in the form of processes, products or applications from varied fields such as medicine, agriculture, mechanical/electronic/chemical technology, IT products, etc. In the past, everything from <a href="http://punetech.com/pune-engineers-solar-powered-crop-irrigator-covered-by-mit-technology-review/">solar powered pivot irrigation</a> by a lone inventor, to <a href="http://www.innovations-pune.com/2007">integrated system for ethanol production from sorghum</a>, by Pune&#8217;s Praj Industries, to wi-fi security by <a class="zem_slink" title="AirTight Networks" rel="homepage" href="http://www.airtightnetworks.com">AirTight networks</a>, to <a class="zem_slink" title="Stem cell treatments" rel="wikipedia" href="http://en.wikipedia.org/wiki/Stem_cell_treatments">stem cell therapy</a> for pre-eclampsia, has been featured.</p>
<div class="wp-caption alignright" style="width: 231px"><a href="http://punetech.com/tag/innoations"><img title="Innovations 2010 Logo" src="http://farm3.static.flickr.com/2665/3835061201_9b3fa807db_o.jpg" alt="Innovations is an annual conference to showcase new ideas from across the country. It is hosted by the IIT-Bombay Alumni Association, Pune Chapter" width="221" height="46" /></a><p class="wp-caption-text">Innovations is an annual conference to showcase new ideas from across the country. It is hosted by the IIT-Bombay Alumni Association, Pune Chapter. Click on the logo for other PuneTech articles about Innovations.</p></div>
<p>In addition, the event also is a great place for &#8220;networking&#8221;, <em>i.e.</em> meeting a  whole bunch of very interesting people in one place. About 200 to 300 people from all over the country, interested in science, technology, innovation and commercialization of the same will be there &#8211; and our experience has been that this is a rather different crowd from the usual suspects that end up in the more usual web-2.0 / proto kinds of conferences that are more normal.</p>
<p>Last year, we had an article about <a href="http://punetech.com/win-two-entry-passes-to-innovations-2009-punetech-exclusive/">what to expect at Innovations 2009</a>, and why we think you should attend. Most of that advice remains intact, so you should <a href="http://punetech.com/win-two-entry-passes-to-innovations-2009-punetech-exclusive/">take a look at it</a> to decide whether you&#8217;re interested.</p>
<p><a href="http://www.innovations-pune.com/register">Registrations for Innovations 2010 are open</a>, and at Rs. 1000, it falls exactly at the borderline of PuneTech&#8217;s policy of only writing about events that are free, or don&#8217;t cost too much. What this means is that, in our editorial opinion, this event will be worth it, in spite of the price tag. (But do remember, <a href="http://phpcamp.org">PHPCamp</a>, which is a free event targeted towards <a class="zem_slink" title="PHP" rel="homepage" href="http://www.php.net/">PHP</a> developers, will also be big, and is on the same day. You should check that out too. (Expect a more detailed article about PHPCamp in a few days.))</p>
<p>PuneTech is also <a href="http://punetech.com/how-can-we-improve-students-and-industry-collaboration-on-innovative-projects-answer-win-prizes/">giving away two free passes to Innovations 2010 in a contest</a>, so be sure to check that out.</p>
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		<title>Pune engineer&#8217;s solar-powered crop irrigator covered by MIT Technology Review</title>
		<link>http://punetech.com/pune-engineers-solar-powered-crop-irrigator-covered-by-mit-technology-review/</link>
		<comments>http://punetech.com/pune-engineers-solar-powered-crop-irrigator-covered-by-mit-technology-review/#comments</comments>
		<pubDate>Thu, 31 Dec 2009 02:50:37 +0000</pubDate>
		<dc:creator>navin</dc:creator>
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		<description><![CDATA[Pune-based Padmakar Kelkar has developed a solar-powered crop irrigator that can be a huge boon for farmers in these times of failing monsoons and 14-hour rural power cuts.
I had no idea what pivot irrigation is, so I looked it up in wikipedia, and to save you the trouble, I&#8217;ve copied the relevant paragraph here:
Center-pivot irrigation [...]]]></description>
			<content:encoded><![CDATA[<p>Pune-based Padmakar Kelkar has developed a solar-powered crop irrigator that can be a huge boon for farmers in these times of failing monsoons and 14-hour rural power cuts.</p>
<p>I had no idea what <a href="http://en.wikipedia.org/wiki/Center_pivot_irrigation">pivot irrigation</a> is, so I looked it up in wikipedia, and to save you the trouble, I&#8217;ve copied the relevant paragraph here:</p>
<blockquote><p>Center-pivot irrigation (sometimes called central pivot irrigation), also called circle irrigation, is a method of crop irrigation in which equipment rotates around a pivot. Central pivot irrigation is a form of overhead (sprinkler) irrigation consisting of several segments of pipe (usually galvanized steel or aluminium) joined together and supported by trusses, mounted on wheeled towers with sprinklers positioned along its length. The machine moves in a circular pattern and is fed with water from the pivot point at the center of the circle. The outside set of wheels sets the master pace for the rotation (typically once every three days). The inner sets of wheels are mounted at hubs between two segments and use angle sensors to detect when the bend at the joint exceeds a certain threshold, and thus, the wheels should be rotated to keep the segments aligned. Centre pivots are typically less than 500m in length (circle radius) with the most common size being the standard 1/4 mile machine (400 m). To achieve uniform application, centre pivots require a continuously variable emitter flow rate across the radius of the machine. Nozzle sizes are smallest at the inner spans to achieve low flow rates and increase with distance from the pivot point.</p></blockquote>
<p>MIT&#8217;s Technology Review (India Edition) <a href="http://www.technologyreview.in/business/24233/">covered this a couple of weeks back</a> (the same article also appeared as <a href="http://www.dare.co.in/people/featured-innovation/a-pivot-irrigator-with-a-difference.htm">a featured innovation in DARE magazine</a>). Kelkar&#8217;s technology was one of the <a href="http://www.innovations-pune.com/2008">featured innovations in the IITB-Alumni Association&#8217;s Innovations conference in 2008</a> that happens every year in Pune. (By the way, <a href="http://www.innovations-pune.com">Innovations 2010 is happening in a couple of weeks</a> &#8211; you should consider attending).</p>
<p>The TechReview article points out the advantages of this irrigator:</p>
<blockquote><p>The solar panels charge the battery, and this in turn runs the machine when there is no sun. &#8220;We have run the machine 19 hours continuously without solar energy at all,&#8221; says Kelkar. The use of solar panels could be a boon for farmers in those states that get ample sunlight but not enough electricity.</p>
<p>Other advantages include water savings of about 30-50 percent over other pivots, zero land erosion, 30-50 percent more yield, higher return on investment, and minimum labor requirements. Compared to the drip irrigation, Kelkar&#8217;s pivot is more cost-effective. &#8220;Drip irrigation may cost around Rs 35,000 an acre, whereas my machine costs around Rs 45,000 an acre. But the cost in case of drip irrigation includes laying it out in the field every time and taking it out once it gets damaged, and you may have to spend another 15 percent every year. On a long-term basis, the cost of my machine comes out to be much less,&#8221; he adds.</p></blockquote>
<p>Having already spent 20-25 lakhs of his own money in developing the technology, Kelkar is now looking for funding to start commercial production. One of the sources he is considering is the Government of India&#8217;s <a href="http://www.dsir.gov.in/tpdup/tepp/tepp_ts.htm">Technopreneurship Promotion Programme (TePP)</a>. (PuneTech had <a href="http://punetech.com/govt-of-indias-technopreneur-promotion-programme/">covered TePP about an year back</a>.</p>
<p>In his efforts at finding funding, he is being helped by <a href="http://venturecenter.co.in">Pune&#8217;s Venture Center</a>. You can see all of <a href="http://punetech.com/tag/venturecenter/">our coverage of Venture Center&#8217;s activities here</a>. Thanks to <a href="http://twitter.com/kaushikgala">@kaushikgala</a> for tipping us. Also, you can <a href="http://twitter.com/techreviewindia">follow MIT Technology Review&#8217;s India Edition here</a>.</p>
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		<title>The Venture Center Library for Entrepreneurs and Innovators in Pune</title>
		<link>http://punetech.com/the-venture-center-library-for-entrepreneurs-and-innovators-in-pune/</link>
		<comments>http://punetech.com/the-venture-center-library-for-entrepreneurs-and-innovators-in-pune/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 03:11:13 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[resources]]></category>
		<category><![CDATA[startups]]></category>
		<category><![CDATA[venturecenter]]></category>

		<guid isPermaLink="false">http://punetech.com/?p=1724</guid>
		<description><![CDATA[The Venture Center Library will support and enhance the entrepreneurial ecosystem in and around Pune. They are targeting entrepreneurs, scientific researchers, technology innovators, IP &#038; technology commercialization professionals and venture investors to take advantage of their collection of books, periodicals, reports and research services.]]></description>
			<content:encoded><![CDATA[<p>Pune&#8217;s resource for startups, the <a href="http://venturecenter.co.in">Venture Center</a> has yet another service that could be valuable for Pune&#8217;s startups. The <a href="http://vcenterlibrary.org/">Venture Center Library</a> has been created specifically to support and enhance the entrepreneurial ecosystem in and around Pune. They are targeting entrepreneurs, scientific researchers, technology innovators, IP &amp; technology commercialization professionals and venture investors to take advantage of their collection of books, periodicals, reports and research services.</p>
<div class="wp-caption alignright" style="width: 289px"><a href="http://punetech.com/tag/venturecenter"><img title="Venture Center, NCL Innovation Park" src="http://farm4.static.flickr.com/3480/3702507743_163842ef18_o.gif" alt="Click on the Venture Center Logo to see all PuneTech articles about Venture Center" width="279" height="83" /></a><p class="wp-caption-text">Click on the Venture Center Logo to see all PuneTech articles about Venture Center</p></div>
<p>Here are key features of the Venture Center Library:</p>
<ul>
<li>~ 1000 books &#8211; with an emphasis on technology innovation, commercialization &amp; entrepreneurship</li>
<li>Many *good* magazines (MIT Tech Review, <a class="zem_slink" title="Scientific American" rel="wikipedia" href="http://en.wikipedia.org/wiki/Scientific_American">SciAm</a>, etc.)</li>
<li>Book collection listed online &amp; searchable: <a href="http://www.vcenterlibrary.org/book.php" target="_blank">http://www.vcenterlibrary.org/book.php</a></li>
<li>Increasing data base on electronic articles and e-books</li>
<li>Open Mon-Sat, ample parking</li>
<li>Internet access, scanning, etc. available</li>
<li>Events featuring books, videos, etc. <a href="http://www.vcenterlibrary.org/events.php" target="_blank">http://www.vcenterlibrary.org/events.php</a></li>
</ul>
<p>If you just want to browse/read books at the library itself, it is free until the end of 2009, and after that it will cost Rs. 400 per year. If you want to check out books, there&#8217;s a Rs. 2000 refundable deposit and a Rs. 400 yearly fee &#8211; which allows you to check out 2 books for up to 14 days each. <a href="http://www.vcenterlibrary.org/membership.php">Look here for details of membership and fees</a>.</p>
<h3>About Venture Center</h3>
<p><a href="http://punetech.com/venture-center-punes-incubator-for-startups-in-biotech-chemical-materials-sciences/">Venture center is an incubator mainly targeted towards startups in biotech, chemical and material sciences</a>. It has been set up using government funds, and is housed in <a class="zem_slink" title="National Chemical Laboratory" rel="wikipedia" href="http://en.wikipedia.org/wiki/National_Chemical_Laboratory">NCL</a>&#8217;s premises, but is planned as an independent entity that needs to become self-sustaining in a few years (based on taking equity/fees from the startups it helps). Check out <a href="http://punetech.com/tag/venturecenter">the venturecenter tag on PuneTech</a> for all PuneTech articles about Venture Center.</p>
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		<title>Nominations open for Innovations 2010 &#8211; Showcase your ideas</title>
		<link>http://punetech.com/nominations-open-for-innovations-2010-showcase-your-ideas/</link>
		<comments>http://punetech.com/nominations-open-for-innovations-2010-showcase-your-ideas/#comments</comments>
		<pubDate>Wed, 19 Aug 2009 03:12:46 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[iitbaa]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[innovations]]></category>

		<guid isPermaLink="false">http://punetech.com/?p=1600</guid>
		<description><![CDATA[Innovations is an annual event hosted by the Pune Chapter IIT Bombay Alumni Association in January every year, with the aim of helping innovators and entrepreneurs of India to create and expand the ecosystem around them. The event showcases the select few innovators to an elite gathering of VCs and experts. Innovations 2010 is the fourth event in their series and will feature presentations by 16 selected innovators from around the country.

Nominate your innovative ideas for being showcased in this event.]]></description>
			<content:encoded><![CDATA[<p><div class="wp-caption alignright" style="width: 231px"><a href="http://innovations-pune.com/"><img alt="Innovations is an annual conference to showcase new ideas from across the country. It is hosted by the IIT-Bombay Alumni Association, Pune Chapter" src="http://farm3.static.flickr.com/2665/3835061201_9b3fa807db_o.jpg" title="Innovations 2010 Logo" width="221" height="46" /></a><p class="wp-caption-text">Innovations is an annual conference to showcase new ideas from across the country. It is hosted by the IIT-Bombay Alumni Association, Pune Chapter</p></div>Innovations is an annual event hosted by the Pune Chapter IIT Bombay Alumni Association in January every year, with the aim of helping innovators and entrepreneurs of India to create and expand the ecosystem around them. The event showcases the select few innovators to an elite gathering of VCs and experts. Innovations 2010 is the fourth event in their series and will feature presentations by 16 selected innovators from around the country.</p>
<p>The focus of Innovations is on novel ideas in practice, primarily originating from Science and Technology. In the past,  innovations in the form of processes, products and applications from  varied fields such as medicine, agriculture, mechanical/electronic/chemical  technology/ Information Technology etc. have been showcased. The innovations to be showcased are selected by a panel of experts drawn  from various application areas. They also work with the selected innovators  to fine tune their presentation and bring out the unique features.</p>
<p>While the event is arranged by the IITB Alumni Association in Pune, the innovators and participants can be from anywhere. The innovator can benefit from  peer recognition, an introduction to the IIT alumni network &amp; mentorship  if required. Some of the past innovators were able obtain funding to  take their product to the next level. Other interested parties and investors  get an opportunity to learn about new ideas and applications and to  network. </p>
<p>Note: this is not necessarily a &#8220;startup&#8221; event. Innovators from all fields, irrespective of their educational qualifications, age group or affiliations to any organizations are welcome to submit their entry. Your entry may be a process, product, design, method, application or even a business model or a model of social entrepreneurship. Innovations from all fields are welcome. Entries are sought from individuals, research/academic institutions, NGOs, or corporate entities (with an annual turnover less than Rs. 50 Crore). Eligibility criteria for submitting an innovation entry are</p>
<ul>
<li>Innovation must be a truly novel idea</p>
<li>Must be based on the application of science / technology
<li>The idea should have been introduced in practice
</ul>
<p>Nominations can be submitted at the <a href="http://www.innovations-pune.com/user/register">innovations website</a>. The last date for nominations is October 30th. The actual event will happen on 9th January, 2010, in Pune. </p>
<p>Related links:</p>
<ul>
<li><a href="http://innovations-pune.com/">Innovations website</a>
<li><a href="http://www.innovations-pune.com/selectionprocess">Selection Process</a>
<li><a href="http://www.innovations-pune.com/innovator">Who can participate &#038; Why</a>
<li><a href="http://www.innovations-pune.com/user/register">Submit nomination</a>
<li><a href="http://www.innovations-pune.com/details">Event Details</a>
</ul>
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		<title>Innovation Flow &#8211; The Science of Flowing Ideas and Inventions into Innovation &#8211; 27th Aug</title>
		<link>http://punetech.com/innovation-flow-the-science-of-flowing-ideas-and-inventions-into-innovation-27th-aug/</link>
		<comments>http://punetech.com/innovation-flow-the-science-of-flowing-ideas-and-inventions-into-innovation-27th-aug/#comments</comments>
		<pubDate>Tue, 18 Aug 2009 03:17:25 +0000</pubDate>
		<dc:creator>navin</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[chemical]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[inventions]]></category>
		<category><![CDATA[ncl]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[triz]]></category>

		<guid isPermaLink="false">http://punetech.com/?p=1597</guid>
		<description><![CDATA[
What: Innovation Flow &#8211; the science of flowing Ideas and Inventions into Innovation by M.V. Shankar, Principal Scientist, Dow Chemical International Pvt Ltd, Pune. This is the 6th talk in the NCL Innovations Seminar Series.
When: Thursday, 27th August, 4:00pm
Where: Second Floor Lecture Hall, Main Building, National Chemical Laboratory, Pashan Road
Registration and fees: This event is [...]]]></description>
			<content:encoded><![CDATA[<p><strong></p>
<div class="wp-caption alignright" style="width: 210px"><strong><a href="http://ncl-india.org/"><img title="NCL India" src="http://farm3.static.flickr.com/2449/3832598450_c02d5ca959_o.jpg" alt="NCL, India, is a research, development and consulting organisation with a focus on chemistry and chemical engineering. It has a successful record of research partnership with industry. It has over 200 scientists at its campus in Pune." width="200" height="47" /></a></strong><p class="wp-caption-text">NCL, India, is a research, development and consulting organisation with a focus on chemistry and chemical engineering. It has a successful record of research partnership with industry. It has over 200 scientists at its campus in Pune.</p></div>
<p>What</strong>: Innovation Flow &#8211; the science of flowing Ideas and Inventions into Innovation by M.V. Shankar, Principal Scientist, <a class="zem_slink" title="Dow Chemical Company" rel="homepage" href="http://www.dow.com/">Dow Chemical</a> International Pvt Ltd, Pune. This is the 6th talk in the NCL Innovations Seminar Series.<br />
<strong>When</strong>: Thursday, 27th August, 4:00pm<br />
<strong>Where</strong>: Second Floor Lecture Hall, Main Building, <a class="zem_slink" title="National Chemical Laboratory" rel="homepage" href="http://www.ncl-india.org">National Chemical Laboratory</a>, Pashan Road<br />
<strong>Registration and fees</strong>: This event is free for all to attend. No registration required.<br />
<strong>Details</strong>: <a href="http://www.innovationpark.org/pdfs/NCLISeminarSeries-6.pdf">Event Page</a></p>
<h3>Abstract of the talk &#8211; Innovation Flow</h3>
<p>Most of us make our daily living by generating creative ideas, solving tough technical problems and translating our ideas into inventions. Now what would give us greater satisfaction? – Innovation, i.e taking our insightful ideas and breakthrough inventions successfully to the market. How good are we at Innovation? – the present statistics are quite discouraging &#8211; typically, for every hundred good ideas, ten may lead to breakthrough inventions and one to an innovative product that meets a critical need of the customer. To accelerate the Innovation process and to maximize the Return on Innovation, we need a systematic Innovation process that will (a) focus and structure our ideation efforts (b) align our ideas to solve a critical need and ensure that the Customer sees added value and most importantly (c) give us the satisfaction of seeing our idea through the end of the Innovation Funnel.</p>
<p>As an inventor, I have often wondered how to bridge the gap between invention and innovation. When I got into managing technology programs, I struggled to defend and nurture those promising out-of-the box ideas that tend to get killed in conventional stage-gate processes. To create an effective Innovation strategy, I wondered how I can balance the capabilities of emerging technologies and the needs of emerging markets. I studied many Innovation processes, creativity tools, consulted with Innovation experts, researched many Innovative organizations (Google, 3M, <a class="zem_slink" title="Apple" rel="homepage" href="http://www.apple.com">Apple</a>, Toyota, P &amp; G etc)  and also learnt from facilitating Innovation in R&amp;D organizations (<a class="zem_slink" title="NBC Universal" rel="homepage" href="http://www.nbcuni.com">GE</a>, Tata and Dow). I found that the secret to successful innovation lies in systematically growing the innovation potential of ideas.</p>
<p>I evolved my Innovation approach based on TRIZ – <a class="zem_slink" title="TRIZ" rel="wikipedia" href="http://en.wikipedia.org/wiki/TRIZ">Theory of Inventive Problem Solving</a> &#8211; to address primary concerns like:</p>
<ul>
<li>How do we make sure that we are solving the right Problem?</li>
<li>How to balance Imagination Vs Knowledge and come up with creative, yet technically feasible, solutions?</li>
<li>How to learn from creative ideas and smart solutions that have solved similar problems in other domains? How to integrate this knowledge into our solution?</li>
<li>If our technical expertise / domain knowledge alone is not sufficient for Innovative Problem Solving – then what other new skills do we need to learn?</li>
<li>Is there a systematic approach to sail the Idea through various barriers and translate it in to an innovative product?</li>
</ul>
<p>The discussion will address these prominent questions that come to our mind whenever we hear the word Innovation. I will introduce creative thinking tools like 5 Whys, 9 Windows, Reversal of Assumption, 4-Quadrants etc. We will also discuss TRIZ-based Innovation tools like <a class="zem_slink" title="Ideal Final Result" rel="wikipedia" href="http://en.wikipedia.org/wiki/Ideal_Final_Result">Ideal Final Result</a> (IFR), Function Maps, Contradictions, 40 Inventive Principles, Technology Evolution Trends and Evolution Potential.</p>
<h3>About the speaker &#8211; M.V. Shankar</h3>
<p>Shankar MV is a Physicist turned Materials Scientist. He is Principal Scientist at Dow R&amp;D Centre, Pune. Prior to joining Dow, he has been a lead scientist at GE R&amp;D, Bangalore for eight years. He has ten patented inventions and an award winning new solid state illumination product based on his invention. His expertise is in electronic and optical materials. He has designed and developed novel luminescent materials for application in White <a class="zem_slink" title="Light-emitting diode" rel="wikipedia" href="http://en.wikipedia.org/wiki/Light-emitting_diode">LEDs</a>. He has been actively learning, practicing and teaching systematic innovation methods and TRIZ-based innovative problem solving tools. He facilitates cross-pollination of ideas, innovative problem solving and the creation of strategic intellectual property across technology domains.</p>
<p>His interests include physics, philosophy, psychology, creativity and technology entrepreneurship.</p>
<p>Contact info: Dr. Shankar MV, Email: Shankar.Venugopal07@gmail.com</p>
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