Tata Trusts launches energy innovation challenge
Mumbai-based Tata Trusts’s Foundation for Innovation and Social Entrepreneurship (FISE) has announced the “Social Alpha Energy Challenge” to find high-impact innovations that could catalyze system change in the field of energy.
In a first-of-its-kind nationwide search, the Social Alpha Energy Challenge aims to discover next-gen technology innovations that promise to unlock new solutions to India’s energy challenges or make existing energy networks smarter, cleaner and more affordable.
Entries are invited from innovators across various stages of the energy life-cycle—generation, transmission and distribution, storage and consumption—in multiple sectors such as households, farm, industry, infrastructure, building, utility and transport.
The winners will be assessed on select parameters such as the breakthrough nature of the innovation, business viability, environmental sustainability, social impact and scalability potential.
The winners of the Energy Challenge will form the first cohort of enterprises for Tata Smart Energy Incubation Centre (TSEIC), an incubator and startup accelerator being built in partnership between Tata Power Delhi Distribution Ltd and Tata Trusts.
Photo courtesy of Karsten Würth.