Any startup or individual with an innovation can take up the challenge and the top three winners will be awarded Rs 1,75, Rs 1,05, and Rs 70, respectively. Step II: The students are allocated projects based on predefined criteria of student preferences, agreeable to all the students.
For the Altair Grand Challenge, Invest India is inviting ideas from the startup community in three areas - simulation technology for product design and development, digital twin development, and algorithm development related to embedded systems.
Generally there is an optimum fit between the project requirement and student preferences.
Once the allocation is complete, KSRM shares student information with the host organizations and facilitate their interaction prior to reporting if necessary. At least one member from the team must be ready to participate in the Moscow-based sessions.
The study findings are again presented in MTS seminars conducted at KSRM under the supervision of internal faculty and external examiner. Non fiscal incentives include two months of highly intensive work to accelerate the product using MTS industry expertise at MTS, Moscow, which consists of workshops and product feedback sessions from experts, access to education materials, individual focus on product development with trackers and business customers from MTS and Demo Day with the participation of MTS top-management and external experts.