Innovation Voucher Program

Stages of IVP Scheme

Identify Your Start-Up Idea

Step 1

Choose your Mentor

Step 2

Approach Knowledge Partner for Consent Letter Step 3

Filling online Application of IVP at Apply Here Step 4

If selected, Applicant will be called for Technical Committee meeting by EDII-TN

Step 5

If the applicant selected in Technical Meeting, the applicant will be called for Steering Committee Meeting

Step 6

If the applicant recommended by Steering Committee, the applicant will be selected for the IVP.

Step 7

Innovation Voucher Programme is the Tamil Nadu Government’s flagship grant-in-aid scheme for supporting Start-ups and MSMEs.

This programme aims at promoting Research and Innovation amongst Start-ups and MSMEs.

Companies working at innovative research can avail grant upto Rs.5 lakhs

Voucher A

PURPOSE : Entry into Research

Grant Amount : Upto Rs. 2 Lakhs

Govt. Contribution : 80% of the Project Cost

Voucher B

PURPOSE : Entry into Market

Grant Amount : Upto Rs. 5 Lakhs

Govt. Contribution : 50% of the Project Cost

Apply for Consent Letter

IVP Awardees

Harini Kandasamy

CEO & Founder
SINGORISON

VOUCHER A

Rs. 2,00,000

Incubator: CED, Anna University

SINGORISON

Start-Up Name: SINGORISON
Product Name: ScavengeX

Current Stage : MVP

Grants Availed : IVP-A (Rs.2,00,000)

Team

Harini Kandasamy – Founder & CEO - B.E. Electronics & Communication Engineering, College of Engineering Guindy Campus.
Vigneswaran E – Co-Founder & CTO - B.E. Mechanical engineering, College of Engineering Guindy Campus..

Product Description:

Singorison aims at developing a semi automatic robot that could clean manholes by taking out solid wastes that block the liquid flow through the sewage system, thus eradicating manual scavenging and upgrading their standard from manual scavengers to machine operators.

Praveen Raj U S

CEO & Co-Founder
TriZ AI Private Limited

VOUCHER A

Rs. 1,92,000

Incubator: AIC-AU Incubator

TriZ AI Private Limited

Start-Up Name: TriZ AI Private Limited
Product Name: TriZ Smart-Home System

Current Stage : MVP

Grants Availed : IVP-A (Rs.1,92,000)

Website : www.triz-ai.com

Team

Praveen Raj U S – Co-Founder & CEO - B.E. Electronics & Communication Engineering, Kumaraguru College of Technology.
Kousigan E – Co-Founder & CTO - B.E. Electrical & Electronics Engineering, AIHT.
Arunachalam B - President - B.Tech. Computer Science & Engineering, Karunya University.
Kathir Amirtheeswaraa V K – Human Resources Manager – B.E. Computer Science & Engineering, Shri Krishna College of Technology; MBA, Sakthi Institute of Information and Management Studies.

Product Description:

Home is Where Our Heart is. Now, how would it feel to realize the fact that someone somewhere could choose to earwig into our precious moments at Home!

With Smart devices taking an inevitable place at our homes, this event of Privacy breach is heralding a world where privacy could be a luxury as these Smart-Home devices are connected to everything starting from Door locks to bank accounts. And That’s why At TriZ, We are developing a privacy-focused architecture from Smart-Homes, where the entire system seamlessly works in sufficient isolation from the internet.

We design & develop our own array of Smart-Home devices ranging from a Smart Door lock to Smart Speakers.

Karthick Kumar T

B.E-MECHANICAL ENGG
CEG Campus

VOUCHER A

Rs. 2,00,000

Incubator: CED Anna University

Space Cold Tech

Start-Up Name: Space Cold Tech
Product Name :Portable Cold PCM Box for Preservation of Fish (PCBPF)

Current Stage : Prototype Development

Grants Availed : IVP-A (Rs.2,00,000)

Team

B. Karthick Kumar (B.E Mechanical, CEG)
Mohammed Safeer (B.E Mechanical, CEG)
Dhanasekar (B.E Mechanical, CEG)
Alexpandian (B.E Mechanical, CEG)

Product Description:

For Many Years, Fish has been preserved and transported only using portable ice cubes in the ratio of 1 Kg of Fish:1 Kg of Ice. Our intention is to replace of portable pads with Phase Change Materials (PCM) & cold box to satisfy the preservation of fish. Phase change materials (PCMs) are able to absorb, store and release large amounts of latent heat over a defined temperature range when the material changes phase or state.

Latent heat of PCM is used to cool down the fish to the preservation temperature (i.e. 0 – 50C) and keeps it for longer duration with the help of Insulated Box. We had Conducted many experiments by various PCM’s at various concentrations with Various Quantity of Fish and studied about the Cooling effect, Sustainability and the Quality of fish. All Aspects of Fish storage is satisfied largely by this idea & able to give more cooling, quality than ice.

Finally the optimum PCM & Insulation thickness for fish storage had been chosen and tested for energy consumption and cost. It saves large amount of energy and reduces Cooling Cost to 1/5th for a basic Fisherman.

Dhinesh B

M.E-SOLAR ENERGY
CEG Campus

VOUCHER A

Rs. 1,96,000

Incubator: CED & CEGAIN, Anna University

PB Innovative Technology

Start-Up Name: PB Innovative Technology
Product Name : Automatic Painting Machine Integrated with AI-Artificial Intelligence

Current Stage : Prototype Development

Grants Availed : IVP-A (Rs.1,96,000)

Team

Founder & Director

Er. B. Dhinesh (M.E, CEG Campus)

Directors

Er. S. Kesavaraj (M.E, CEG Campus)
Er. C.K. Jayanthkrishna (M.E, CEG Campus)
Er. Velmurugan (M.E, CEG Campus)

Product Description:

Painting taller buildings involves usage of wire ropes risking labors life . To avoid such critical paintings several machines have been invented which can only be operated manually . This method usually consumes lot of time & energy. To solve this , we proposed to develop an Automatic Painting Machine which is portable & can paint any kind of buildings (Smaller & Taller) .

Artificial Intelligence integration makes the machine to paint a larger/smaller area in a short span of time without involving manual labour and takes the decision as programmed. Increased accuracy in painting makes the machine more comfortable to the painters/contractors to work. Various components such as mechanical, electrical, electronics etc., are selected with various factors of safety ensuring safety to the worker/User & buyer. This machine can work automatically, consumes less time, doesn’t need a manual labour but can be switched to manual on need basis & gives the premium painting effect as outcome satisfying customer needs.

Prithivirajan D

M.E-Industrial engg.
CEG CAMPUS

VOUCHER A
Rs. 1,92,000
Incubator: CEGAIN, Anna University VOUCHER B
Rs. 4,75,000
Incubator: AIC-AU Incubator, Anna University

Perceptron

Start-Up Name: Perceptron
Product Name : MEGHAM

Current Stage : Improved MVP (Release 2)

Grants Availed : IVP-A (Rs.1,92,000)

Team

Founder

Er. D. Prithvirajan (M.E - Industrial Engineering, CEG Campus)

Product Description:

The product is a portable desalination unit to convert sea water and saline water to drinking water.

Vijayaraghavan V

M.E -BIO MEDICAL ENGG.
CEG CAMPUS

VOUCHER A

Rs. 1,96,400

Incubator: CEGAIN, Anna University

INSTACOCO

Start-Up Name: INSTACOCO
Product Name : Insta CoCo

Current Stage : MVP

Website URL :www.instacoco.in

Provisional Patent No : 201941002969

Grants Availed : IVP-A (Rs.1,96,400)

Team

Er. V. Vijayaragavan (M.E - Bio-Medical Engineering, 2013 Batch, CEG Campus)

Er. V. Rishikesan (PhD Scholar, IIT Madras)

Er. Krishna Priyadarshini (M.E - Biomedical Engineering, 2013 Batch, CEG Campus)

Product Description:

The automated tender coconut water vending machine , which can provide fresh tender coconut water at all time and at any place. This device can accommodate irregular and large sized raw unprocessed tender coconut. Once the payment is completed , novel drilling mechanism chooses the right coconut and punches a hole in it and 100% pure tender coconut water is extracted and dispensed into a disposable cup. Acceptance of various modes of online payments, hassle-free operation makes it a great experience for the customers.

Ashok Kumar V

BE - EEE
CEG CAMPUS

VOUCHER A

Rs. 1,80,000

Incubator: CEGAIN, Anna University

Artro Energy

Start-Up Name: Artro Energy
Product Name : Asset Management System for Solar Power Generation System (Predictive Control)

Current Stage : Early Market

Grants Availed : IVP-A (Rs.1,80,000)

Team

Er. V. Ashok Kumar (BE - EEE, 2013 Batch, CEG Campus)

Product Description:

Artro energy is a clean tech startup focused on remote monitoring application for diagnostics and predictive maintenance of the rooftop solar plant. It provides actionable, insights thereby increasing energy yield, reducing expenditure and improving ROI. The impact LoRa technology would help in communication and operation of distribution solar assets and micro grids is studied using IVP fund. This help in adaptation of solar.

CENTRE FOR ENTREPRENEURSHIP DEVELOPMENT

ANNA UNIVERSITY, CHENNAI

Innovation Voucher Program