“We want India to emerge as the Innovation Hub where the next big ideas emerge, driven by power of technology.” – Hon’ble Prime Minister Shri Narendra Modi *
In line with the vision of our Hon’ble Prime Minister for ‘Innovate India’ and ‘Skill India’, JS Innovation Labs™ will endeavor to enable ‘digital IP (Intellectual Property) routes by setting up 36 innovation labs in partnership with leading educational institutes, connecting global innovation hubs from Silicon Valley to Bengaluru and Tel Aviv to Tianjin. This Innovation Grid will facilitate seamless, automated and ubiquitous flow of IP creation and commercialization from ideation to filing patents and market place for discovery to revenue.
JS Innovation Labs™, an initiative of 63 moons, is an accelerator and an innovation hub for IP creation, set-up along the lines of Google Labs and Apple Labs to bring curated IP (Intellectual Property) based innovations faster to market by helping streamline, organize and automate the process of filing, obtaining and commercializing Patents and Research Papers in 12 targeted industry verticals.
JS Innovation Labs™ offers two flagship programs to give India’s brightest young minds a chance to implement their innovative ideas:
* Information Source: Hon’ble Prime Minister Shri Narendra Modi’s address at Digital India Week on 1st July, 2015
The EIR program helps innovators, entrepreneurs and intrapreneurs from across the globe start IP-centric, technology-driven, sustainable ventures across 12 targeted industry sectors.
EIR’s endeavor is to democratize entrepreneurship by creating an ‘inclusive entrepreneurship’ program that will target all demographics:
Duration: EIR program is envisaged for 6 month for 10 startups (upto 20 EIRs)
India innovation Grid is a PAN-India IP network setup of JS Innovation Lab™, in partnership with leading educational institutes/universities across India and other global innovation hubs.
IIG will streamline, organize and automate the IP Process and filing of Research Papers as well as applying for Provisional Patents which will eventually help in monetizing the same through an open marketplace forefront based on revenue sharing model. Offerings:
Offerings:The basic thought premise about India Innovation Grid (IIG) is built upon an entire process of acquiring a patent right from:
IIG also promises to provide an open, acceptable marketplace for commercialization of IPs and patents through technology transfer route and / or investment in IPs or patent to build a sustainable start-up around the same.
Partner Institutes:Some key institutes have been identified (to be approached for IIG program) for potential partnership. All names mentioned are for reference purpose.
The case for IIG:
# Information Source: Dr. H. Purushotham’s (Chairman & MD, National Research Development Corporation [NRDC]) statement at the 61st AGM of NRDC, An enterprise of DSIR, Ministry of Science & Technology, Govt. of India
India has been a victim of bio-piracy for over two decades, where MNCs are profiting from the intellectual wealth of the country. Notwithstanding, bio-piracy has hampered the efforts of farmers and scientists who are key to India’s development.
IncubationBudding entrepreneurs are given every resource to ensure they can straightaway kickstart the execution of their ideas and turn them into commercially viable businesses. The incubation process is almost ‘plug and play’!
Entrepreneur AssistanceResidents receive financial support in the form of a stipend to take care of basic expenses during the six-month program.
Technology and DevelopmentEntrepreneurs have access to a vast technology stack including marketplace, exchange technology, trading technology, information terminals, payment gateways, cloud services, hosting infrastructure, networking and telecommunication services.
Industry MentorshipAspiring innovators receive invaluable industry insights from mentors with cross-functional experience in various sectors. This will help strengthen propositions, increase domain knowledge, attract investors and Venture Capitalists (VCs).
Raising Smart CapitalIntrapreneurs have many opportunities to attract funding through access to various Angels, VCs, Private Equities (PEs), Corporates as well as through our own green-field ventures.
Ecosystem EngagementStart-ups will be given opportunities to showcase their ventures at various investment and mentor events. These are held in collaboration with our partners in global startup hotbeds like Bengaluru, Gurgaon, Pune, Mumbai, Hyderabad, Singapore and Hong Kong.
Communications & PRThe JS Innovation Lab™ promotes its start-ups through press conferences and media interactions that help in improving marketing strategies.
Go 2 MarketAn India Immersion program designed to give aspiring entrepreneurs an opportunity to meet other investors, angels, mentors and entrepreneurs across the country. Visits are organized to the hotspots of India’s startup ecology like Bengaluru, Ahmedabad, Delhi, Gurgaon, Mumbai, Pune and Goa.
IP NetworkAccess to India’s largest innovation and IP network, the India Innovation Grid, will give innovators access to industry research and patents. They can tap into resources across leading universities and research institutes in India and innovation hubs abroad.
By applying to EIR the incumbents agree to and have read, understood and accept – all of the terms and conditions mentioned below:
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