IIT Madras Carbon Zero Challenge 2022 to focus on sustainability innovations and eco-ventures: How to apply
India Today
The IIT Madras Carbon Zero Challenge 2022 is focusing on 'Resource Depletion and Pollution' and aims to help in the development of sustainability innovations and eco-ventures. Here's how to apply.
The IIT Madras Carbon Zero Challenge (CZC) 2022 is focusing on ‘Resource Depletion and Pollution’ and aims to help in the development of sustainability innovations and eco-ventures.
The all-India eco-innovation and entrepreneurship competition aims to accelerate the lab-to-market transition of eco-innovations in India by funding innovations from proof-of-concept, lab-scale solutions to working prototypes or pilots.
The last date to apply is September 24, 2022.
Shortlisted teams will get funding and mentorship support to establish start-ups and take their idea to the market through commercialization.
In addition, CZC 2022 winners will get Rs. 10 lakh as start-up seed grant and continued support from IIT Madras such as access to IITM incubation resources and angel and VC funding.
Asia will have more than 1 billion vehicles by 2035 with as much as 80 per cent of air pollution in Asia’s cities being attributable to transport sector, according to reports by Asian Development Bank (ADB).
Environmental degradation was costing India around US$ 80 billion annually, according to the Ministry of Agriculture, Government of India.