BITS, Pilani Organizes Tech Bazaar

BITS, Pilani Organizes Tech Bazaar

Showcasing of new products, Competitions for business plans and small innovations, Interaction with entrepreneurs and experts from business and industry were the highlights of the two day Tech Bazaar held at BITS Pilani.

In all, 85 participants participated and demonstrated 33 projects from various disciplines of engineering, pharmaceutical, biological, IT and finance. A team of experts from academia, industry, R & D labs and venture capitalists interacted with participants and evaluated their projects on the overall business worthiness and potential and gave them valuable advice.

Tech Bazaar 2010 provided an opportunity to youth to discuss the viability and market feasibility of innovative ideas in the market with bankers, venture capitalists and technologist in the technology clinic.

In the ‘Talk the Walk’ the participants had an opportunity to share thoughts from start ups and people from various fields such as Finance, Science and Management. These experts also acted as mentors to the participants by sharing with them on-the-job knowledge as well as by answering questions relating to various strategies involved, finance management etc.

Apart from BITS, institutions which participated in this year’s Tech Bazaar included Dronacharya College of Engineering, Gurgaon, Manav Rachna College of Engineering, Faridabad, Faridabad Institute of Technology, Career Institute of Technology and Management, Faridabad, IIT Bombay and IIM Kozhikode.

Experts who gave mentoring and also conducted workshops were : Dr. Rakesh Kumar, Director, Braahmam Net Solutions Pvt Ltd, Mr. Sashank Verma, Cleanstart Pvt Ltd, Mr. Vijay Rajgopal, Aavishkar Venture Management Service, Mr. Tarun Bansal, Sagacious Research Gurgaon, Dr. K. S. N. Rao, Scientist, CEERI Pilani, Dr. P. K. Seth, Director, Tiger Bells Animation Ltd, Mr. Gagan Chada, ValueFirst Ventures and Mr. Abhinav Kushraj, Strategy and Business Development, Nokia.

The following projects were chosen by the experts for the award of prizes :

I Prize : Nano silica aggregate solutions for recycling in industries.

II Prize : Near Surface Monitoring and Structural Health Monitoring of Structures Repaired with FRP.

III Prize : Green Plastics. IV Prize : Eppendorf Cleaner.

Summing up the highlights of the event, Prof. Arya Kumar, Unit Chief, Entrepreneurship Development and IPR Unit of BITS said, “We have been trying to create an ecosystem for venture creation through innovation. In this year’s Tech Bazaar, special efforts were made to scrutinize proposals having greater chances of success and to provide due support – through networking, seed funding and mentoring. There has been tremendous enthusiasm and participation in this year’s Tech Bazaar”.

Concluded.

Contributed By-
Dr. M. Ishwara Bhat,
Unit Chief,
Publications and Media Relations,
BITS, Pilani.

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