Apply for Carbon Zero Problem | IIT Madras and Thales |

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Apply for Carbon Zero Problem | IIT Madras and Thales |

Indian Institute of Know-how (IIT) Madras, in affiliation with Thales, publicizes the launch of the fourth version of the Carbon Zero Problem (CZC 4.0), an all-India Eco-Innovation and Entrepreneurship contest. The competition invitations purposes from college students, early-stage startups, colleges, analysis students and anybody having validated proof of idea with the potential to remodel it right into a working prototype.The deadline for the competition is February 18 2024.
The theme for CZC 4.0 is “Circularity in Assets Conservation”. The competition’s major purpose is to foster cutting-edge deep-tech and round financial system options that tackle environmental challenges within the Vitality, Supplies, Agriculture, Air, and Water domains. By leveraging the experience of gifted people from throughout India, the problem seeks to construct eco-start-ups that may tackle planetary crises comparable to Local weather change, Air pollution, and Meals safety.
Analysis course of
Primarily based on the preliminary evaluations, 100 groups will likely be shortlisted, of which 15 will likely be given prototype funding as much as Rs 5 lakhs per crew. The groups will likely be educated on buyer discovery, enterprise fashions and sustainability metrics by consultants.
The highest 15 groups will likely be supplied with funds for prototype improvement and will likely be monitored for six months. On the finish of 6 months, groups will likely be given a chance to showcase their prototype at IIT Madras and will likely be evaluated by material consultants. The highest 5 groups will likely be shortlisted for receiving the beginning seed grant of as much as 10 lakhs and continued help, together with entry to the IITM incubation ecosystem.
2023 version of the competition
The CZC goals to facilitate the lab-to-market transition of lab-scale fashions to prototypes. The final version, supported by Thales and Aquamap (Heart for Water Administration and Coverage at IIT Madras) was extremely profitable, with 480 purposes from throughout 25 states in India. Out of those, the shortlisted prime 25 groups within the final version obtained monetary help of as much as Rs.5 lakhs over six months to construct their prototypes and evolve their enterprise fashions. Ultimately, seven successful groups had been chosen who obtained start-up seed funding of as much as Rs. 10 lakh every. Thales has once more prolonged its help for the fourth version of the Carbon Zero Problem as a part of its CSR efforts in India, marking the second consecutive 12 months of its involvement within the initiative.
A few of the prototypes from the final version of the CZC embrace:
* Sewage/ Waste administration: A synergetic strategy to supply biochar from faecal sludge and spent graphite
* Sustainable Meals: Growth of plant-based meat analogues
* Biogas: An electricity-driven microbial course of for reinforcing the calorific worth of biogas via CO2 utilization
* Innovation in agriculture: Valai Peat – Banana Plantation Put up Harvest Administration Answer
* Water administration and Wastewater therapy: Removing of water hyacinth utilizing “BARCO” expertise, expertise for eradicating Antimicrobial Resistance (AMR) micro organism
* Vitality: NCF coated machine for house heating and water heating utilizing photo voltaic vitality
What distinguishes CZC is its complete help system. Past ideation, it offers substantial backing to top-performing groups, providing monetary help, mentorship, entrepreneurship coaching, startup seed grants, and the potential for incubation at IITM.