10 teams to receive seed fund, incubation on IIT demo day

The top 10 innovations in advancing sustainability, circular economy, and climate resilience, participating in the Ideas to Impact Grand Demo Day, would receive seed grant of Rs. 1 lakh each and incubation support at IIT Madras.

A press release stated that 38 eco innovations developed by young innovators from educational institutions across India showcased their innovative prototype on Saturday which they developed under mentorship and guidance of experts.

Anurag Mishra, Special Secretary, Environment and Climate Change, said Tamil Nadu plans to fund 10 entrepreneurs with a seed money of Rs. 10 lakh in bid to combat climate change through innovation.

V. Kamakoti, Director, IIT Madras, Indumathi Nambi, Ideas to Impact coordinator and faculty of Civil Engineering Department, and Palavesa Murugan, Environment, Health, and Safety Head, Ashok Leyland, spoke.