What is IP2Biz'24 - Energy Edition?
Transforming Innovation into business:
Compete at India's premier startup competition aimed at turning cutting-edge intellectual property into thriving businesses. Whether you're a scientist, researcher, or deep tech innovator, IP2Biz'24 offers the platform to take your innovation to the next level.
Focus Areas:
New Energy
E-Mobility
Green Hydrogen
Net Zero Energy Buildings
Climate-tech.
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Aim of IP2Biz'24
IP2Biz'24 - Energy Edition aims to turn revolutionary intellectual properties into thriving businesses. With a focus on deep tech innovations that promote sustainability, we provide a perfect space for researchers and startups to present and expand their solutions. Our goal is to support the transformation of cutting-edge ideas into successful and impactful ventures, driving positive change and progress in the business world.
Aligned with UN Sustainable Development Goals (SDGs).
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UN Sustainable Development Goals (SDGs) Aligned
IP2Biz'24 - Energy Edition supports the United Nations Sustainable Development Goals (SDGs), focusing on:
Affordable and Clean Energy
Affordable and clean energy is a cornerstone of the United Nations Sustainable Development Goals (SDG 7). This goal aims to ensure access to affordable, reliable, sustainable, and modern energy for all. Achieving this will not only improve living conditions globally but also drive economic growth and mitigate climate change by reducing our reliance on fossil fuels. Transitioning to renewable energy sources like solar, wind, and hydropower is crucial for a sustainable future, creating a more resilient energy system and promoting social equity.
Industry, Innovation, and Infrastructure
Industry, Innovation, and Infrastructure (SDG 9) focuses on building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation. This goal is essential for driving economic growth, creating jobs, and improving the quality of life globally. By investing in infrastructure and innovation, we can enhance productivity, promote sustainable practices, and bridge the technological gap between developed and developing regions. Sustainable industrialization, coupled with innovation, will be key to addressing global challenges such as climate change, resource efficiency, and social equity.
Sustainable Cities and Communities
Sustainable Cities and Communities (SDG 11) aims to make cities inclusive, safe, resilient, and sustainable. As urbanization continues to rise, it is crucial to ensure that cities can accommodate growing populations while minimizing environmental impact. This goal focuses on improving urban planning, enhancing public transportation, reducing pollution, and ensuring access to green spaces. By creating sustainable communities, we can foster social inclusion, improve the quality of life, and build cities that are more resilient to climate change and other challenges, ensuring a better future for all.
Climate Action
Climate Action (SDG 13) calls for urgent action to combat climate change and its impacts. As global temperatures rise, the effects of climate change are becoming increasingly severe, threatening ecosystems, economies, and communities. This goal emphasizes the need to reduce greenhouse gas emissions, strengthen resilience and adaptive capacity to climate-related hazards, and integrate climate measures into national policies. By taking decisive action now, we can mitigate the worst effects of climate change, protect vulnerable populations, and ensure a sustainable planet for future generations.
Who Can Apply
Scientists and Researchers
Individuals and teams developing innovative solutions in the energy and sustainability sectors.
Deep Tech Innovators
Startups and innovators with patented technologies ready for commercialization.
Top Tier Academic and Research institutions
Professors, post-graduates, and academics from top insititues like IITs, NITs, BITS, etc focused on research.
Innovative
Startups
Startups focused on new energy, mobility solutions, hydrogen technology, sustainable buildings, or climate-tech.
Evaluation Criteria
Innovation Level (20%)
Assess the novelty & feasibility of the IP
Market Potential (20%)
Commercial viability & target market of the startup.
Team Capability (15%)
Expertise & experience of the founding team.
Scalability (15%)
Growth potential & scalability of the business model.
Sustainability Impact (20%)
Potential environmental and societal impact.
Customer Validation (10%)
Evidence of market demand & customer interest.
Application Process
Apply in just a few simple steps! Follow our streamlined process to submit your application and take the first step towards turning your idea into reality.
Shortlisting Round 1
Startups will be required to complete a short form outlining their business details and intellectual property.
Shortlisting Round 2
In-Depth Detailed Evaluation
Shortlisted startups will be invited to fill a detailed form with information about their business and intellectual property.
Panel Shortlist
Final Selection
Our team will conduct on-site visits to the shortlisted finalists, meeting with the founders and core team to evaluate their technology and assess the viability of their product.
IP2BIZ Finals
12 Winners Will Get An Investment of ₹ 1-10 Crores.
The winners will get a guaranteed sum of ₹ 1-10 Crores in investments.
Focus Sectors Case studies
E-Mobility
This sector aims to transition transportation systems to electric power to reduce carbon emissions, with a particular focus on public transportation in developing countries.
Year 2050
$200 billion annually by 2050
USD 1.6 billion
Deploy 3,600 buses in its next phase.
Investment Increase
Zero Emission Bus Rapid-deployment Accelerator (ZEBRA)
New Energy
E-Mobility
Green Hydrogen
Climate Tech
Mustafa Wajid
General Partner
Transition VC
Mustafa Wajid has 37 years of experience in Technology & Engineering, leading in Power Engineering and E-Mobility.
Tejas Goenka
General Partner
Transition VC
Tejas Goenka is driving Tally Solutions' global expansion and spearheaded its transition into the GST.
Anuj Khanna
IC Member
Transition VC
Anuj Khanna is an experienced leader with a background in Electrical Engineering and an MBA from NYU.
Mentors and Advisors
Sushil Sharma
Founder & CEO
Marwari Catalysts
Sushil Sharma is a visionary startup ecosystem builder, driving innovation in Tier II & III cities of India. From active investor to mentor, he's transforming untapped markets into thriving entrepreneurial hubs.
Anil Chhikara
Head, Startup Accelerator & Global Strategy
Marwari Catalysts
Anil Chhikara leads India's top startup acceleration program at Marwari Catalysts, mentors startups, and has founded multiple ventures, making a significant impact on India's tech and startup ecosystem.
Nikhil Gupta
CEO, MCats Trust Fund
Marwari Catalysts
Nikhil Gupta brings over 20 years of expertise in the startup ecosystem, alternate investments, and wealth management, excelling in business strategy, fundraising, and empowering startups across diverse industries like fintech, sustainability, and deep tech.
Raiyaan Shingati
Co-Founder & Managing Partner
Transition VC
Raiyan has experience of a decade in the PE & VC. He is actively on a mission to address Climate Crisis the world is facing.
Mohammed Shoeb Ali
Co-Founder & Managing Partner
Transition VC
A seasoned investment professional with experience in portfolio management, investment strategy, and deal execution.
Shantanu Chaturvedi
Assistant VP
Transition VC
Experienced Innovator skilled in scaling early-stage ventures and developing market-ready technologies across EV, renewables, IoT, and agritech.
Saif Qureishi
General Partner
Transition VC
Saif Qureishi, CEO & MD of KRYFS Power Components Ltd, is a leader in the Transformer Core Industry with over 34 years of experience.
Naresh V Narasimhan
General Partner
Transition VC
Naresh V Narasimhan, Managing Partner at VA - Venkataramanan Associates, is an architect and Harvard alumnus, leading a renowned Bangalore-based firm.
Rajesh Doshi
General Partner
Transition VC
Rajesh Doshi, MD of STEER Advisors, has over 20 years of expertise in fundraising, M&A, and PE/VC investments across sectors like EV, healthcare, and telecom.
Partners and Sponsors
Partner Benefits
AWS
$10,000 worth of credits for 2 years
Google Cloud
Get up to $250k in Google Cloud credits.
IBM
$120,000 in free IBM Cloud credits
Azure
upto $150000 free credit
Notion
$6000 worth of credits. 6 months of new Plus plans, free Notion AI
MongoDB
$3000 worth of credits
& many more….
Worth more than $250k