Congratulation to team “TECHSPIRITS” from Manav Rachna University for getting shortlisted as semifinalist for the Valeo Innovation Challenge 2017. Valeo innovation challenge started on 14 October’2016 by the well-known Paris-based Automotive Company “Valeo”.
The competition has three phases, 1,628 teams worldwide participated and out of these only 24 made it through the semifinals. Of these 24 teams, 11 teams are competing in the “technological innovation” category and 13 in the “idea for new ways of using cars” category. The projects mainly relate to safety and cyber-security, as well as cabin comfort and well-being, new user practices and more environmentally friendly driving.
The selected teams now have until July 13 to develop, fine-tune, test and prototype their ideas, each using a €5,000 grant from Valeo. When this stage is complete, eight finalist teams will be shortlisted to present their project to a grand jury. Headed by Valeo’s Chairperson and CEO Jacques Aschenbroich, the jury is made up of members of the Group’s Management team as well as eminent scientists and business leaders. The winners will be announced on October 27, 2017.
Teams will be competing to win a grand prize of €100,000 or a second-place prize of €10,000, in one of the following categories: “Technological innovation” and “idea for new ways of using cars”. In addition, the winning team in the “technological innovation” category will, for the first time ever, be given the opportunity to join a Valeo-partnered start-up accelerator to develop their project.
Team “TECHSPIRITS” comprises Vansh, Tarun and Abhijeet from Mechanical Department and Vibhu from Electronics Department, students of B. Tech 8th Semester and submitted the concept under the mentorship of Dr. Y.K Awasthi (Associate Prof. ECE Department-MRU).
The Team, now, has prepared successful prototype of the project for which they got grant of €5,000 from Valeo and have submitted all the documentation on 13th July, 2017 which would be evaluated by the officials and top 8 teams would be selected for the finals. Finalists would then get chance to represent their prototypes in Paris under the banner of Valeo on 26th October, 2017.
Best of Luck to Team TECHSPIRITS