Idea Fest 2021
Honoring the Innovators
Idea Fest 2021 was an initiative by KSUM to identify student innovators and techno-entrepreneurs from campuses through its IEDC (Innovation and Entrepreneurship Development Center) scheme. The event took place on 20th June 2022, Monday at Travancore Hall, Technopark, Trivandrum. Dr. R Bindu, Hon’ble Minister for Higher Education and Social Justice handed over the idea grant to 68 ideas handpicked from 681 young innovators during the Idea Fest 2021.The entrepreneurial spirit of students should be fostered through timely guidance and practical knowledge as it can effectively address unemployment in the state, Higher Education Minister R Bindu said addressing the audience. She also added that through their innovative ideas and enterprises, students can also contribute to Kerala’s efforts towards becoming a knowledge economy.
About 200+ innovators and 8 accredited IEDC’s were honored during the event . Shri. John M Thomas CEO, Kerala Startup mission, Shri. K P Sreekumar VP & Head, Broadcast Business Unit Tata Elxsi, Shri. Vishnu Pillai Partner — Digital Practice KPMG (Mumbai)Dr. Sapna Poti Director Strategic Alliances Principal Scientific Adviser GoI, Shri. Binoy Vincent CoE Group Leader — GDS EY addressed the audience during the program.
IEDC scheme is a flagship initiative of KSUM that seeks to promote innovation and entrepreneurship among students and academic fraternity in the educational institutions across the state. IEDCs are formed throughout the state in various academic institutions with the aim to bridge the gap between industry and academia by conducting skill development training programmes for students. By doing so IDCs are capable of building a team of entrepreneurs who will become the torchbearers for Kerala’s startup ecosystem.
Teams with 68 ideas selected from a total of 681 ideas were felicitated at the function where the IEDC Accreditation was also given away to eight colleges based on their performance from April 1, 2019 to March 31, 2021.The various innovative ideas from these young entrepreneurs have the potential to cause a deep impact in various sectors. The vibrant ideas from these innovators cover a wide spectrum of sectors which include hardware, deep technology(AI, ,VR, ML, Block chain), banking and finance Agritech,, communication, E.commerce, Edutech, electronics, Healthtech, Environmental, Manufacturing , robotics, agritech.