INAE Innovator Entrepreneur Award

In order to increase the involvement with the industry; Indian National Academy of Engineering (INAE) has instituted the Innovator Entrepreneur Award with a view to encourage and recognize innovation and entrepreneurship among Young Engineers. The engineering innovations/inventions/concepts that have been actually realized and implemented in industry either in new processes or products would be given weightage. The award carries a cash prize of Rs 2 lakhs and the awardee would be conferred the same during the Awards Function to be held during the Annual Convention being held in December, each year.

The INAE Innovator Entrepreneur Award is instituted to encourage and recognize innovation and entrepreneurship among Young Engineers. The engineering innovations/inventions/concepts that have been actually realized and implemented in industry either in new processes or products would be given weightage.

  • The award would be conferred on individuals and not organizations/ corporates.
  • The nominations would be sought from Fellows/CEOs/Directors/Heads of industry, R&D organizations, Engineering institutions and Departments. Self-nomination is not permitted.
  • Both innovation and entrepreneurship together would be considered important and young innovators from Academia/Research Groups whose novel engineering/ technology ideas have been translated into successful start up enterprises would be given preference.
  • The patents/ publications to be mentioned in the format for inviting nominations should be related to the work of the nominee only.
  • Only one award would be given every year.
  • Award would be conferred to an individual or a group of individuals not exceeding three persons.
  • A nomination not selected would not be carried forward for the next year, however re-nomination is permitted.
  • The upper age limit of the awardees would be 45 years.
  • The Nominees should be Citizens of India.
  • The award would carry a citation and a cash prize of Rs 2 lakhs, to be shared by the group of individuals nominated for the award, not exceeding three persons.
  • In case no nomination is found suitable, no award would be conferred during that year.
  • There would be a three-tier selection process wherein the initial shortlisting would be done by the Steering Committee. The details of the shortlisted nominees would then be sent for Peer Review to the suggested experts from Industry. The shortlisted candidates would be called for presentation to the Selection Committee constituted for IP Award and Young Engineer Award. The Selection Committee would recommend the nominee for conferment of the Innovator Entrepreneur Award for approval of the Governing Council.
  • The ink-signed copy of nomination in the prescribed Proforma may be forwarded at the following address:

Executive Director

Indian National Academy of Engineering

6th Floor, Unit No. 604-609

SPAZE I-Tech Park,Tower A,

Sector 49, Sohna Road

Gurgaon, Haryana (India) – 122018

2017
1.   Mr. Mandava Mohana Rao, BHEL, Hyderabad.
2.   Awarded jointly to Mr. Tanuj Jhunjhunwala, Planys Technologies Pvt Ltd. and Mr. Vinay Kumar, PathShodh Healthcare Pvt. Ltd.
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