Award Details
The awards are given under the following categories -
- MLM (More from less for many), Frugal Innovation award- ideas that economise on the use of material are extremely affordable and sustainable.
- SRISTI Socially Relevant Technological Innovation award- ideas that address unmet social needs or improve the functioning of existing solution, increase affordability and/or improve circularity, i.e., ecological compatibility and waste minimisation.
- Technological-edge award- ideas that push the frontiers in any technological domain.
- BIRAC-SRISTI award for biotechnological/medical/healthcare innovation.
- Hari Om Ashram Prerit, Dr Amulya K.N. Reddy GYTI Award for various disciplines
Financial support is also given to some of the awardees as per following windows of opportunity:
- BIRAC-SRISTI GYTI Awards – INR 15,00,000 grants will be given for further research/prototype development and possible entrepreneurship development work to each of the 15 awardees in medical device and biotech area
- BIRAC-SRISTI GYTI Appreciation Awards – INR 1,00,000 is given to 100 grassroots and student innovations/ideas (School/UG/PG) for value addition at different labs including SRISTI SadbhavSanshodhan Lab
- Hariom Ashram Prerit, Dr Amulaya K. N. Reddy GYTI Award – INR 50,000 each to five GYTI awardees.
- The awardees can choose to join the Bionest Incubator likely to be set up at SRISTI in collaboration with BIRAC and DBT, New Delhi. SRISTI plans to organise several summer/winter schools on inclusive innovations. Awardees can join those and develop innovative solutions to unmet social needs in a time bound manner.
Note: These awards are given every year during the Festival of Innovation (FOIN) at Rashtrapati Bhavan in the month of March.