Idea Innovation Title
Innovation Tagline (Optional)
Presented by
Guide
Try to answer at least one question asked on each slide with respect to your
product.
Weave in stories, studies and research to answer the question.
Any Studies, reports and research mentioned should be linked with its source.
DO NOT mention names or email addresses or Phone Numbers in the slides.
Slide only for Reference, Delete before final Submission
Problem Statement
What Problem are you trying to Solve?
Reiterate your problem statement to conform to one of the 15 themes.
Innovation Solution - Answer questions of at
least one of the next 8 slides as per your Idea
Slide only for Reference, Delete before final Submission
Ideation
What is your Idea?
What is your Innovation related to the product idea & concept.
Are you working on the development and/or market introduction of:
● A new product, good or service?
● A redesigned product, good or service?; or
● A substantially improved product, good or service?
Technology
What is your Innovation related to product functionality?
Are you working on the development and/or market introduction of:
● A new functionality of your product?,
● A redesigned, reimagined or reintroduced functionality of your product?; or
● A substantially improved functionality of your product?
Co-creation
What is your Innovation related to customer involvement.
Are you working on the development and/or market introduction of:
● A new value to customer service of your product?,
● A redesigned customer service of your product?; or
● A substantially improved functionality of your product?
Social Innovation:
What is your Innovation related to the corporate culture?
Are you working on the development and/or market introduction of:
● A new work culture or environment of your company?,
● A redesigned work culture or environment of your company?; or
● A substantially improved work culture or environment of your company?
Entrepreneurship
What is your Innovation related to entrepreneurial thinking?
Are you working on the development and/or market introduction of:
● A new method of ideating or generating inspiration for Ideas?,
● A redesigned method of ideating or generating inspiration for Ideas?; or
● A substantially improved method of ideating or generating inspiration for
Ideas?
Marketing & Branding
What is your Innovation related to the customer experience?
Are you working on the development and/or market introduction of:
● A new value to customer experience and loyalty to your product?,
● A redesigned value to customer experience and loyalty to your product?; or
● A substantially improved value to customer experience and loyalty to your
product?
Open Innovation
What is you Innovation related to stakeholders.
Are you working on the development and/or market introduction of:
● A new value to Investors or sellers of your product?,
● A redesigned value Investors or sellers of your product?; or
● A substantially improved value Investors or sellers of your product?
Business Model Innovation
What is your Innovation related to the purpose and strategy?
Are you working on the development and/or market introduction of:
● A new objective/purpose/plan via the use or consumption of your product?,
● A redesigned objective/purpose/plan via the use or consumption of your
product?; or
● A substantially improved objective/purpose/plan via the use or consumption of
your product?
Business Plan
Slide only for Reference, Delete before final Submission
Value Proposition/USP
What is the greatest value derived from your idea for the customer or the market?
What is unique to your idea? Why do you think it will work better than or in spite of
other ideas?
Revenue Stream
How will your idea generate money from its value?
Timeline
Prototype Development Plan (Sample)
Month 1
Ideation
How did you think of the idea.
Month 3
Proof of Concept
How do you see yourself
developing the POC in 3
Months
Month 6
Prototype
What is your plan for
prototype development?
Month 12
Pilot
Where and how do you want
your pilot to take off?
Key Activities, Resources and Potential Partners
What will you do?
What do you need?
Who do you want to work with?
Budgeting
How will you use the grant amount of INR 15 Lakhs to develop your Idea?
How much do you need for equipment?
How much will you spend on travel?
How much will you spend on mentorship/learning?

Idea Innovation Template for the Engineering

  • 1.
    Idea Innovation Title InnovationTagline (Optional) Presented by
  • 2.
    Guide Try to answerat least one question asked on each slide with respect to your product. Weave in stories, studies and research to answer the question. Any Studies, reports and research mentioned should be linked with its source. DO NOT mention names or email addresses or Phone Numbers in the slides. Slide only for Reference, Delete before final Submission
  • 3.
    Problem Statement What Problemare you trying to Solve? Reiterate your problem statement to conform to one of the 15 themes.
  • 4.
    Innovation Solution -Answer questions of at least one of the next 8 slides as per your Idea Slide only for Reference, Delete before final Submission
  • 5.
    Ideation What is yourIdea? What is your Innovation related to the product idea & concept. Are you working on the development and/or market introduction of: ● A new product, good or service? ● A redesigned product, good or service?; or ● A substantially improved product, good or service?
  • 6.
    Technology What is yourInnovation related to product functionality? Are you working on the development and/or market introduction of: ● A new functionality of your product?, ● A redesigned, reimagined or reintroduced functionality of your product?; or ● A substantially improved functionality of your product?
  • 7.
    Co-creation What is yourInnovation related to customer involvement. Are you working on the development and/or market introduction of: ● A new value to customer service of your product?, ● A redesigned customer service of your product?; or ● A substantially improved functionality of your product?
  • 8.
    Social Innovation: What isyour Innovation related to the corporate culture? Are you working on the development and/or market introduction of: ● A new work culture or environment of your company?, ● A redesigned work culture or environment of your company?; or ● A substantially improved work culture or environment of your company?
  • 9.
    Entrepreneurship What is yourInnovation related to entrepreneurial thinking? Are you working on the development and/or market introduction of: ● A new method of ideating or generating inspiration for Ideas?, ● A redesigned method of ideating or generating inspiration for Ideas?; or ● A substantially improved method of ideating or generating inspiration for Ideas?
  • 10.
    Marketing & Branding Whatis your Innovation related to the customer experience? Are you working on the development and/or market introduction of: ● A new value to customer experience and loyalty to your product?, ● A redesigned value to customer experience and loyalty to your product?; or ● A substantially improved value to customer experience and loyalty to your product?
  • 11.
    Open Innovation What isyou Innovation related to stakeholders. Are you working on the development and/or market introduction of: ● A new value to Investors or sellers of your product?, ● A redesigned value Investors or sellers of your product?; or ● A substantially improved value Investors or sellers of your product?
  • 12.
    Business Model Innovation Whatis your Innovation related to the purpose and strategy? Are you working on the development and/or market introduction of: ● A new objective/purpose/plan via the use or consumption of your product?, ● A redesigned objective/purpose/plan via the use or consumption of your product?; or ● A substantially improved objective/purpose/plan via the use or consumption of your product?
  • 13.
    Business Plan Slide onlyfor Reference, Delete before final Submission
  • 14.
    Value Proposition/USP What isthe greatest value derived from your idea for the customer or the market? What is unique to your idea? Why do you think it will work better than or in spite of other ideas?
  • 15.
    Revenue Stream How willyour idea generate money from its value?
  • 16.
    Timeline Prototype Development Plan(Sample) Month 1 Ideation How did you think of the idea. Month 3 Proof of Concept How do you see yourself developing the POC in 3 Months Month 6 Prototype What is your plan for prototype development? Month 12 Pilot Where and how do you want your pilot to take off?
  • 17.
    Key Activities, Resourcesand Potential Partners What will you do? What do you need? Who do you want to work with?
  • 18.
    Budgeting How will youuse the grant amount of INR 15 Lakhs to develop your Idea? How much do you need for equipment? How much will you spend on travel? How much will you spend on mentorship/learning?