Bridging Academia and Industry for Technological Triumphs
‘Spark Venture – Ignite Innovation Challenge’ is a student project/start-up funding initiative instituted by global technology companies and ProSEED (Professional Skill Enhancement in Engineering and Data), conducted in association with the Educational institutes across UK, UAE and India.
Participating College of Spark Venture 2024
Project Winners
TocH Institute of Science and Technology
Student Project / Start-up Funding Initiate
Objective
Empowering creative student projects through financial grants to evolve them into tangible products, thereby cultivating a dynamic and lively environment that stimulates and nurtures a thriving startup ecosystem within the country. The initiative specifically focuses on startup ideas, aiming to ignite innovation among students and serve as a catalyst for their entrepreneurial endeavours.
ELIGIBILITY
Engineering students currently enrolled in any branch across the colleges in Kerala.
Team size
The team size is limited to a minimum of 2 and a maximum of 4 students, plus a faculty supervisor.
Domain
IT and IoT solutions to address challenges across various sectors including Healthcare, EdTech, FinTech, Intelligent Urban Systems, Renewable Energy, AgriTech, Sustainability and Environmental Conservation, Cybersecurity, Retail Technology etc.
Fee
No Registration Fees
Recent Portfolios
Testimonials
Mangalam College of Engineering Ettumanoor, Kerala
our students Athul Krishna A, Albin Varghese, Rahul Abraham and Sidharth Gopalakrishnan for the accomplishment. I extend my heartfelt congratulations to all the participating teams from various colleges for their hard work, creativity, and dedication.A special congratulations to the entire organizing team at Freston Analytics Pvt Ltd and ProSEED for your visionary leadership and commitment to fostering innovation and collaboration among young minds. A dream will not become an innovation if there is no realization. You have provided a platform for the participants to bridge the gap between academia and industrial sector, and to explore new ideas and develop solutions with the potential to make a significant impact on society.May SparkVenture continue to ignite the spark of innovation and creativity in many more bright minds. Wishing you all the best in your future endeavours.
Toc H Institute of Science & Technology Arakkunnam, Kerala
receive from our faculty. We are incredibly proud of their accomplishments and are committed to continuing our efforts to cultivate the next generation of innovators and entrepreneurs.This event was made possible through our successful collaboration with Freston Analytics Private Limited and ProSEED, whose partnership was instrumental in the challenge’s success. Their industry expertise and dedication to fostering innovation provided our students with essential insights and mentorship throughout the competition. This collaboration ensured that the projects were not only academically sound but also met industry standards and needs. We deeply appreciate the opportunity to work with such esteemed partners and eagerly anticipate future collaborations that will further enrich our students’ learning and development.
experiment with cutting edge technologies, challenge conventional thinking and develop solutions that address real-world problems. It is through such initiatives that the innovators of tomorrow are born.I wish all success to SparkVenture-2025 and may the best ideas shine bright!
Our Testimonials
Our Team
A visionary leader with a robust background as the ex-BT Director, Mobile Systems Software Development and the current CTO of Veone Limited. His experience and passion drive Spark Venture’s mission to bridge the gap between academia and industry, paving the way for technological breakthroughs.
Brings her expertise in operational strategy and management to Spark Venture.Her role is pivotal in ensuring that the initiative's day-to-day operations align with its long-term vision and goals, contributing to its overall success and sustainability.
Provides invaluable academic leadership. Her deep understanding of the academic landscape ensures that Spark Venture's initiatives are both innovative and educationally impactful.
Leads the human resources strategy for Spark Venture. His experience in managing talent and fostering a positive organizational culture helps in building a dynamic and motivated team.
The Lead at ProSEED, is at the forefront of the Spark venture’s industry-academia collaborations. Her role is instrumental in creating and maintaining strong partnerships that drive the initiative’s success.
Contributes her expertise in training and development. Her commitment to empowering individuals through education and skill development aligns perfectly with Spark Venture’s mission.
Spark Venture
Ignite Innovation Challenge
Coming Soon
Upcoming Event 2025-26
Guides & Solutions
Question & Answers
To apply, download the application form, duly fill it out with the project details, sign it,and submit the scanned pdf document using the link provided.
- Applicants should submit the project/idea proposal in the specified format.
- The best 10 entries among the applicants will be shortlisted at the initial level.
- The shortlisted proposals will be judged further in a presentation process, by a panel of esteemed academicians/industry experts, who will decide the awardees based on the originality, methodology, viability, and impact.
- The total prize money will be up to ₹ 6 Lakhs, and the prize for each project grant can range from 50,000 to 2 lakhs based on the project need. The grant money will be dispersed in three stages as per the milestones achieved.
- The 3 winners will also receive a ‘SparkVenture’ event winner certificate and an industry project completion certificate on the completion and handing over of the project.
- An additional cash prize of ₹ 15K and a certificate of exemplary execution of the project will be given to one or more of the three teams that showcase exceptional project execution.
- Total prize money of up to ₹ 6 Lakhs
- Grants of up to 2 Lakhs for each project, released in three terms upon successful completion of each milestone.
- Industry Project Completion Certificate upon successful completion.
An additional cash prize of ₹ 15 K and a certificate of exemplary execution of project (if showcasing exceptional performance).
- Runner-up certificates to all 10 shortlisted teams.
- Submission of Proposals - Deadline : 05 March 2024.
- Screening and shortlisting of 10 proposals : 12 Mar 2024.
- Presentation/ Pitching : 3, 4, 5 April 2024(Innovation, Impact, Market Valuation, Product Viability,SWOT analysis, Expected Outcomes/ Solutions).
- Result Declaration : 15 April 2024.
- Award Distribution : 26 April 2024.
- Commencement of implementation* : 1st week of May 2024.
- Review Meeting, release of 1st tranche of funding : 15 June 2024.
- Review Meeting, release of 2nd tranche of funding : 15 September 2024.
- Project Completion, release of final tranche : 25 November 2024