CleanTech Innovation Challenge 2022 hosted its final awards ceremony at the National Incubation Center, Islamabad. The prize distribution ceremony was attended by Federal Secretary of IT & Telecom, Mr. Mohsin Mushtaq, officials from IT ministry, board members of Ignite, startups, and other stakeholders.
The cleantech innovation challenge 2022 is a one of its kind initiative which invited pitches and ideas that facilitated in building a sustainable and eco-friendly future. The thematic areas of the 2022 competition included load forecasting, predictive maintenance, demand management, energy theft, customer and consumption insights.
“The idea of seeking innovative solutions from diversified subject experts was to establish a supportive concoction which focused on problem solving of modern day challenges from energy consumption to climate restoration,” said Mohsin Mushtaq while speaking to the participants of the challenge.
The winners of the competition presented their ideas to the audience. E-Triangle won the first prize of the clean tech innovation challenge 2022 and its team had used artificial intelligence and cloud computing to upgrade conventional energy management systems. The second prize was given to Greenovation. Greenovation is Pakistan’s first plastic waste to energy recycling start-up. The third prize was awarded to RSA. RSA uses remote sensing to evaluate the air quality index.
“It is integral for us to find out contemporary solutions to problems which will affect our environment. This CleanTech Innovation Challenge was an opportunity to foresee the problems and to come up with solutions which can be environment friendly”, added Asim Shahryar, CEO Ignite. CEO Ignite also presented the new research and innovation framework of Ignite through which grants will be provided to challenge innovation projects and technology transition projects after going through a merit-based evaluation process. He said that Ignite will be launching more competitions in cybersecurity, robotics, and healthtech during next financial year.
“CleanTech Innovation Challenge was first of its kind competition which will support us to take our idea further, said one of the participants.
The challenge received a total of 322 submissions out of which 57 teams made it to the second round. These 57 teams competed against each other and the final 13 were given the opportunity to present their ideas to the jury from which top three winners were selected. /Ends
******
