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Tata Steel TomorrowLAB Challenge 2023

Reward: 1 Lakh INR
Last Date to Enroll: 3rd Dec 2023

Contest iDEX:

Tata Steel has proudly launched TomorrowLAB with a mission to proliferate entrepreneurial DNA among the student community for the future of India. Get ready for an exciting journey that promises to offer unique experiences, the opportunity to compete with some of the sharpest minds, showcase your skills, one-of-a-kind learning opportunities and earn huge cash prizes!

Category: Industry Contest

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Contest Timeline: (Student Track)

Round 1 – PLAN

TATA Steel TomorrowLAB 2023 has 8 themes out of which registered teams need to select one topic of their choice to work upon and submit their business idea /proposal in maximum of 7 slides.

Timelines – 16th Nov’ 23 (00:01 AM IST) – 3rd Dec’ 23 (11:59 PM IST)


Round 2 – PITCH

Shortlisted 20 teams will have to expand on their ideas and build a comprehensive and nuanced strategy with the implementation roadmap. Deliverables include sharing a presentation (of up to 10 slides) along with supporting multimedia/prototype, if any.

Timelines – Will be communicated to the shortlisted candidates.


Round 3 – PERFORM (National Finale)

3 teams qualify for National finals (Round 3) with an opportunity to present their ideas to the Senior Leadership team of TATA Steel.

Timelines – Will be communicated to the shortlisted candidates.


Evaluation Criteria:

Participant’s submission ideas would be evaluated on below parameters:

  • Adjacency to Tata Steel Businesses

  • Feasibility

  • Scalability

  • Uniqueness of solution/Innovation Quotient

  • Impact/Gravity of the problem solved through solution

  • Long-term differentiating factor/ Entry barriers

Team Structure:

  • All Participating teams should consist of 3 members

  • Each member has to register with valid college email IDs

  • One person cannot be a member of more than one team

  • All the team members must be from the same institute /campus and they can be a mix of students from different specializations and different year of study

  • Leader of each team will need to register on Unstop website after having gone through all the rules and guidelines.

  • Case brief will be accessible to the registered teams from 16th Nov’23 on the competition page itself.

Who Can Apply:

  • Registration - Teams must register on the Unstop website latest by 3rd Dec’23 11:59 pm

  • Team Size: 3 members

  • Eligibility – All students from B.Tech., MTech. and MBA irrespective of their specialization and year of study. One-year MBA/Executive MBA program students are also eligible.

Rewards:

  • A cash prize of INR 1 lac for Winner Team and INR 50k for Runner-up Team

  • TATA Steel Mementos to National Finalist teams

  • Certificate of Achievement would be given to National Finalist teams.

.............INNOVATE TO WIN..............

For more details & to register for the contest:

Category of the contest: Industry Contest

 

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---Rajasekar Madhavan 
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Innovation Influencer I MoE IIC InnoV Ambassador

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