Idea Factory Season 7 - A Quest for Young Engineers to Win Rs. 1,50,000

Idea Factory - A Quest for Young Engineers to bring out the ideas and innovation is back with Season 7 which will focus on driving the mindset of young innovators towards out-of-the-box ideas and innovations. Presented by NEI, it infuses the spirit of discovering young innovations in the country by offering them a platform to showcase their talents.

Idea Factory Season 7
The Idea Factory Season 7 will witness a series of challenging events such as Online Quiz, Idea Pitching, Synopsis Evaluation, and Mentorship. It will cover a complete journey to bring the best out of young innovators and offer them exciting rewards.

Guidelines for the Contest
There are various guidelines that need to be followed by every participant:
Only Engineering College students are allowed to participate from any stream approved by UGC/AICTE.
The participants from a similar college cannot be part of more than one team.
No individual participation is allowed, teams can have participation from 2-4 members in a team.
Students/Participants from different streams can also be at the same time.
There can be an infinite no. of teams from a single institute.
Teams will get two opportunities to clear the quiz round.
For the idea, submission keeps your synopsis to 2 - 10 pages in a PDF/Doc format.
PPT should be of max 15 slides which students need to carry in Pen Drive.
The proposal needs to be submitted 5 days before the grand finale in a soft copy.
All the electronic devices like laptops, power pugs will be provided but students need to bring their own devices for coding/model demo.

Step By Step Procedure To Get Enrolled For The Idea Factory 7 Season Contest

Here are various steps to be followed by participants in order to get eligible for winning the contest:

Step 1 - Online Registration
Step 2 - Online Quiz
Step 3 - Idea Pitch Submission
Step 4 - Synopsis Evaluation
Step 5 - Mentorship
Step 6 - Virtual presentation
Step 7 - Grand finale

Award Prize for Winners
After completing the journey of challenging ideas in various forms, the contestants who'll be able to stand out of the race will get amazing rewards. The 1st winner will get the cash prize of Rs.1,50,000 while the 2nd runner up will get Rs.1,00,000 followed by the cash prize of Rs.50,000 for the 3rd runner up.

Students can register for this contest by 15th Feb. To learn more about the idea factory contest 2022, visit the contest page here. You can also contact us at deepali.jain@nbcbearings.in or meenakshi.sharma@nbcbearings.in.

National Engineering Industries Ltd.Khatipura Road,
Rajasthan, India, 302006

About NEI

NEI was started back in 1946 with just 30,000 bearings. Being a part of CK Birla Group, it designs and manufactures bearings for diverse sectors such as automobiles, railways, and industries. As an epitome of innovation in the field of bearing manufacturing, the organization now manufactures over 200 million bearings every year with 2300+ variants that are exported worldwide.

This release was published on openPR.