The purpose of the SingularityU India Global Impact Challenge is to foster moonshot innovations and startups that positively impact the lives of people living in India, with an ability to scale and impact a billion people worldwide in 10 years.
SingularityU Global Impact Challenges aim to bring together innovators and stakeholders with a passion to solve one or more of the global grand challenges (environment, energy, water, food, health, disaster resilience, governance, learning, space, security, prosperity, and shelter) by leveraging exponential technologies.
This year, the India Global Impact Challenge is looking for solutions to address the following global grand challenges:
- Learning, such as addressing skill shortage in emerging technologies and adoption of 21st-century skill sets
- Environment, such as solid waste management in urban and rural areas and air and water pollution in cities
- Health, such as access to cost-effective prevention, early diagnosis, and personalized therapy for individuals and communities.
Why Host a Global Impact Challenge in India?
India has always been a key contributor to various fields including education, mathematics, medicine, science etc. Being the seventh-largest country by area and the second-most populous country (with over 1.3 billion people), its opportunities and challenges are of large proportions.
India is expected to have one of the youngest and largest workforces in the world in the coming years. To capitalize this opportunity, it is important to come up with innovative ways of developing content, pedagogy, delivery, and distribution to equip the growing population of youths in India about emerging technologies and prepare them for the 21st-century jobs.
Additionally, rapid population growth coupled with urbanization has resulted to poor environmental conditions such as improper solid waste management and air and water pollution. With the increase in urbanization in the next decade projected at 24%, it becomes important to find innovative solutions to avoid/manage the impact this will have on the environment.
With the increase in urbanization in the next decade projected at 24%, it’s crucial to find innovative solutions to manage the impact this will have on the environment.
The winner receives a seat at the SU Ventures Incubator Program starting in September 2018. The Incubator Program is a 10-week fully sponsored program that fosters the development of viable start-ups (for profit or not-for profit) that have the potential to make positive impact at scale.
The SU Ventures Incubator Program runs from September 3 – October 19, 2018.
The Incubator Program Journey
The top teams will also be shortlisted for Kerala Innovation Challenge and will have the opportunity to pitch for an innovation grant of INR 80,00,000 for implementing the solution in the state of Kerala, India.
Dates and timeline
Applications open: April 6, 2018
Applications close: June 7, 2018
Shortlist Announced: June 20, 2018
Startup Bootcamp: July 2-6, 2018
Winners announced: July 7, 2018