IDEA SUBMISSION PROPOSAL

Team Details Team Lead:

Name E-mail Phone No

Team Members Details:

Name E-mail Phone No

Mentor (if any)

Name E-mail Phone No

Host Institution: SRI INDU COLLEGE OF ENGINEERING & TECHNOLOGY,

Sheriguda, Ibrahimpatanam, Hyderabad, Ranga Reddy Dist. 501 510.
HI/BI State : Telangana.

Title of the Proposed Idea

Theme
Concept & Objective
Define the problem &
relevance to today’s
market/society/industry
need
Propose the solution to
Problem Identified
Briefly Explain
Newness/Uniqueness of the
Innovation
Specify the Potential Areas
of Application in
Industry/Market in Brief
Briefly Provide the Market
Potential of Idea/Innovation
Feasibility of Idea
(a) Specific- Specify the
features of Innovative
Idea/PoC.
(b) Measurable-
Mention the approach to
 convert idea/PoC to
Prototype/Innovation
with milestones.
(c) Attainable- Explain
how you are going to
achieve the prototype
development objective
with the available
resources at your
disposal.
(d) Realistic- what kind of
skillset of team and
resources required to
achieve the goal in specific
time period?
(e) Timeline- Develop a timeline against the milestones for taking Idea/ PoC to Prototype
Development and (or) Commercial level/start-up stage.
a. Data Collection b. Components Identification c. APP Development d. Hardware Development
e. Testing and Verification f. Documentation
Months 2 4 6 8 10 12
a
b
c
d
e
f

(f) Usability: what is the

usability of your
innovation. (Level of
acceptance of innovation
and its Features among
target group)
(g) Scalability: how your
innovation will be scalable
at market level.
(h) Economic
sustainability: Explain the
potential of innovation to
become profitable or
financially viable.
(i) Environment
Sustainability: How your
innovation is environment
friendly or address
environmental problems.
(e) Is there any
Intellectual Property (IP)
Component associated
with innovation? if yes,
explain.
BUDGET ESTIMATES
S. No Items Estimated Budget
(Rs in Lakh)
1 Equipment
2 Consumables
3 Travel
4 Charges for mentors/handholding
supporting team

5 Any others/Contingency costs

Total Proposed Budget
INFRASTRUCTURAL
FACILITIES S. No Infrastructural Facilities Yes/No/ Not required
Full or sharing basis
1 Workshop Facility Yes
2 Water & Electricity Yes
3 Laboratory Space/ Furniture Yes
4 Power Generator Yes
5 AC Room or AC Yes
6 Telecommunication including e-mail Yes
& fax
7 Transportation Yes
8 Administrative/ Secretarial support Yes
9 Information facilities like Internet/ Yes
Library
10 Computational facilities Yes
11 Any other special facility being Yes
provided

Certificate

I agree to abide by the terms and conditions of MSME grant.

Date: Name & Signature