HT Bureau
GUWAHATI, April 4: Samsung India has announced its partnership with the Ministry of Electronics & Information Technology’s Startup Hub and Foundation for Innovation & Technology Transfer (FITT) and IIT Delhi for the second season of its national education and innovation competition – ‘Samsung Solve for Tomorrow’ that was launched on Tuesday. The second season was inaugurated by Alkesh Kumar Sharma, secretary, Ministry of Electronics & Information Technology in the presence of Jong Bum Park, President & CEO, Samsung Southwest Asia among other dignitaries.
Notably, the first season of Samsung Solve for Tomorrow in 2022 received over 18,000 registrations from youth across the country. Two of the top three winning teams of season one have also been incorporated into its companies.
This year, the top three teams will win Rs 1.5 crore to turn their ideas into action while other participants who reach the top 30 and top 10 will be rewarded at various stages of the program. The top 30 teams (individuals or teams of up to 3 members) will be trained and mentored by Samsung’s partners – the Foundation for Innovation and Technology Transfer (FITT) at the Indian Institute of Technology, Delhi (IIT Delhi). They will further get Rs 20,000 each to create initial prototypes and then pitch their ideas to the jury. The top 10 teams will get an additional Rs 1,00,000 each to enhance their prototypes before the final pitch.
On the occasion, Alkesh Kumar Sharma, secretary, MEITY, said, “The vision of the Government of India is to promote a vibrant ecosystem of innovation and entrepreneurship in the country, and youth are at the center of this. They need all the support and mentoring that can help them turn their ideas into reality, creating a strong social impact along the way. The coming together of Samsung, IIT Delhi, and MeitY Startup Hub for the Solve for Tomorrow program is a very positive move that will work towards realizing our vision.”
Jong Bum Park, president & CEO, of Samsung Southwest Asia, added, “At Samsung, we inspire the world and shape the future with transformative ideas and technologies. Our business is all about igniting the next generation of innovators and changemakers. The entries we got in the first season of Samsung Solve for Tomorrow provided us with a unique snapshot of the concerns and issues on the minds of India’s youth. They looked at issues ranging from waste management, electricity, and water wastage, plastic waste, speech disorders as well as pandemic prediction and solutions that use new-age technologies such as robotics, artificial intelligence, and augmented reality.”