{"id":36440,"date":"2020-10-21T00:40:09","date_gmt":"2020-10-20T19:10:09","guid":{"rendered":"http:\/\/officechai.com\/?p=36440"},"modified":"2020-10-21T00:40:09","modified_gmt":"2020-10-20T19:10:09","slug":"global-impact-innovation-challenge-giic-2020","status":"publish","type":"post","link":"https:\/\/officechai.com\/startups\/global-impact-innovation-challenge-giic-2020\/","title":{"rendered":"Global Impact Innovation Challenge (GIIC 2020)"},"content":{"rendered":"<p><b><\/b><span style=\"font-weight: 400;\">With the world bracing and fighting against a pandemic unknown to humankind less than a year ago, COVID-19 has, for better or for worse, changed the way lives were being lived. This change has not only led to the collapse of many existing industries but also has paved the way for several emerging ones. It has pushed us into rethinking, revisiting our ways, to fit the new normal. Innovation is the guiding light that would provide support and sustainability to this new future.<\/span><\/p>\n<p><b>Atal Incubation Centre- BIMTECH<\/b><span style=\"font-weight: 400;\"> and <\/span><b>UN Global Compact Network India<\/b><span style=\"font-weight: 400;\"> along with <\/span><b>Birla Institute of Management Technology<\/b><span style=\"font-weight: 400;\"> are providing a platform, \u201c<\/span><b>Global Impact Innovation Challenge (GIIC 2020)<\/b><span style=\"font-weight: 400;\">\u201d, an international innovation challenge to highlight the solutions to the problems of the COVID era and beyond. The Challenge endeavours to find the most promising innovations, and enable them to create an impact at the global level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">GIIC 2020 is inviting innovators who have a ready-to-market idea, or an existing venture (not more than 3 years), that could create sustainable impact. Also, the innovation is required to demonstrate significant impact through results or proof of concept.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-large wp-image-36441\" src=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?resize=640%2C320\" alt=\"GIIC 2020 Creative\" width=\"640\" height=\"320\" srcset=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?resize=1024%2C512&amp;ssl=1 1024w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?resize=300%2C150&amp;ssl=1 300w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?resize=768%2C384&amp;ssl=1 768w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?resize=1170%2C585&amp;ssl=1 1170w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?w=1700&amp;ssl=1 1700w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2020\/10\/GIIC-2020-Creative.jpg?w=1280 1280w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><b>Inception of Global Impact Innovation Challenge (GIIC 2020)<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Atal Incubation Centre- BIMTECH hosted an international innovation challenge in the fond memory of Late Shri B.K Birla Ji in 2019-20, by the name of B.K Birla Global Innovation Challenge 2020 (BGIC 2020), which attracted 860 innovations across 5 countries. (PFA the document for detailed insights about the event). This event was partnered with UN Global Compact Network India, which sowed the seeds of a partnership that would foster in the coming time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the spread of COVID-19, when the world was trying to understand these rapidly changing and volatile times, we saw a ray of light in the spurt of innovations that are capable of addressing seemingly new issues the world faces. As both entities recognized that their focus lies towards the same goal, i.e. supporting innovation that can provide solutions to the new problems in these new times, during the pandemic and after, Global Impact Innovation Challenge 2020 came into existence.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Focus SDGs<\/b><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Climate Action<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good Health and Well-being<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Quality Education<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Reduced Inequalities<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Rewards\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>Cash Grants<\/b><span style=\"font-weight: 400;\">: First Prize &#8211; INR 15,00,000 | Second\u00a0Prize &#8211; INR 12,00,000 |\u00a0Third Prize &#8211; INR 8,00,000<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Incubation<\/b><span style=\"font-weight: 400;\">: All the finalists will be directly offered incubation at Atal Incubation Centre- BIMTECH (Gurukul Program)<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Supports<\/b><span style=\"font-weight: 400;\">: All the finalists will be extended the support services worth INR 8.56 Cr, which Atal Incubation Centre- BIMTECH provides, to its incubatees like,<\/span>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Free credits for Digital Ocean, Amazon Web Services, Superb Services Cloud and Zoho One<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">F6S:\u00a0Alpha Card of the total price value of\u00a0USD 1,000,000<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">PayU:\u00a0Free transaction credits<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">MSG91:\u00a0Free 50,000 SMS per month for 6 months<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Solidworks:\u00a0Free license for a year<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\"><b>Networking Opportunity<\/b><span style=\"font-weight: 400;\">: All teams shortlisted for the semi-finals and finals will have an opportunity to connect with the extended network of the hosts and participating stakeholders to find synergies for maximizing their impact outreach.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Additional Opportunities<\/b><span style=\"font-weight: 400;\">: All the finalists will be provided many parallel platforms in the partner network of Atal Incubation Centre- BIMTECH for pitching their innovation.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Eligibility Criteria<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In order to be eligible to apply and participate, all teams must meet the following criteria:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The team can be represented in the competition by a maximum of two members.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There is no restriction on the age or background of applicants.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If the submission is a venture, the venture must not have been in existence for more than 3 years.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Any submission must have a prototype\/pilot.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The entries received will be recognized by the \u201cname\u201d of the venture\/idea.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The applicants may or may not be Indian Nationals; however, the venture should be aimed at creating an impact in India, with global possibilities.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Judging Criteria\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Judges will review and evaluate the Impact Proposals of all the teams using the following criteria:\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Business Model<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Innovation and uniqueness offered by the business model<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Clarity of the business model<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Financial feasibility of the business model<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sustainability<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Scalability of the business model<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Feasibility of implementation plan<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Clarity of vision, social and financial objectives<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Quality of the management team<\/span><\/li>\n<\/ol>\n<p><b>\u00a0<\/b><\/p>\n<p><b>Some Important Details about GIIC 2020*<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Three Stage Challenge:\u00a0<\/span><b>Proposal Round, Semi-Final and Final<\/b><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Last Date of submission for Proposal Round:\u00a0<\/span><b>30-October-2020<\/b><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Result of Proposal Round:<\/span><b>\u00a007-November-2020<\/b><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Result of Semi-Finals:\u00a0<\/span><b>21-November-2020<\/b><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Finale:\u00a0<\/span><b>11-December-2020<\/b><\/li>\n<\/ul>\n<p><b>Registration Link<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Domestic Startups: <\/span><span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"http:\/\/bit.ly\/GIIC2020\"><span style=\"font-weight: 400;\">http:\/\/bit.ly\/GIIC2020<\/span><\/a><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">International Startups: <\/span><span style=\"font-weight: 400; color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"https:\/\/www.f6s.com\/globalimpactinnovationchallenge2020\/apply\">https:\/\/www.f6s.com\/globalimpactinnovationchallenge2020\/apply<\/a><\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>With the world bracing and fighting against a pandemic unknown to humankind less than a year ago, COVID-19 has, for better or for&#8230;<\/p>\n","protected":false},"author":35,"featured_media":36441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[254],"tags":[],"class_list":["post-36440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global Impact Innovation Challenge (GIIC 2020)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/officechai.com\/startups\/global-impact-innovation-challenge-giic-2020\/\" 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