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You are here: Home / Awards and Prizes / Climate Change Innovation Challenge – India

Climate Change Innovation Challenge – India

Deadline: 7 January 2024

The Climate Change Innovation Challenge by IIM Udaipur Incubation Centre under the TIDE 2.0 scheme aims to support early-stage climate tech ventures that are focused on addressing pressing environmental challenges and mitigating the impacts of climate change.

They want to provide you and your startup with state-of-the-art mentoring and online training, as well as access to financial support and networking opportunities. The bottom line is success, both for you and your start-up and for the environment with tangible climate solutions.

Only teams that have developed a prototype or a minimum viable product with the intention of pilot validation and product commercialisation are eligible to join.

Thematic Areas

  • Clean Energy
    • They seek new ideas, innovations, and technologies that can disrupt how they generate and enable better adoption and distribution of renewable energy and improve energy efficiency in a low-cost and inclusive manner for urban and rural communities.
  • Food & Agriculture
    • They seek innovations that make the agricultural systems more sustainable and increase access to law carbon food, tools, land, and resources for farmers and consumers, thereby, ensuring food security in both urban and rural communities.
  • Mobility & Transport
    • They seek new ideas as new services, platforms, and technologies to support the growing demand for sustainable mobility and supply chains.
  • Ports & Shipping
    • They seek innovative solutions that can help the shipping sector transition away from fossil fuels and achieve the net zero targets by 2050.
  • Green Buildings & Cities
    • They seek green building innovations that tan reduce the carbon footprint of buildings and occupants, thereby constructing a sustainable future for climate mitigation.

Program Offerings

  • ₹ 7 Lakhs Financial Support for Top 2 Winner Startup
  • ₹ 4 Lakhs Financial Support for 2 Runnerup Startups
  • Capital for building an MVP or pilot validation (in the form of grants and equity)
  • 1:1 Mentoring and coaching curated to the startups’ goals and stages
  • Online workshops and bootcamp for future upscaling
  • Access to a network of like-minded collaborators and partners
  • Connect with investors for follow-on funding.

Eligibility Criteria

  • Only teams that have developed a prototype or a minimum viable product with the intention of pilot validation and product commercialisation are eligible to join.
  • Proposes an impactful solution that addresses key challenges in at least one of the listed thematic areas.
  • Possesses an original and innovative proposal.
  • Presents a feasible solution that can be adopted quickly and perform well in a large-scale setting.
  • Potential for commercially viable solution, with a large market size
  • Preference would be given to innovative ideas for which patent has already been filed or can be filed in the future.

For more information, visit IIM Udaipur Incubation Centre.

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