The Indian Innovation Initiative (i3) is a national level competition organized by CII in partnership with DST & AICTE with the principal objective of promoting grass-root level innovations that address social or industrial challenges. i3 recognizes science and technology-based innovations and intends to develop these into commercially viable and successful projects.
This report, published jointly by CII and A.T. Kearney aims to understand further opportunities to evolve the i3 program. To help budding innovators, an analysis of the commercial progress of past winners was conducted. This analysis revealed that i3 innovators continue to face several problems at various stages of the innovation lifecycle. Overall, they will require more help in accelerating their path to commercialization. This report also contains recommendations to bridge the gap between innovation and commercialization.
The Report was launched at the 8th India Innovation Initiative National Fair & Awards Ceremony held on 19th October 2016 in New Delhi.