Prize Distribution Ceremony for Ignite 2019 - Business Idea Challenge was held on 9th April 2019 to present cash prizes to the winning teams of Ignite. Prize Distribution Ceremony began with a welcome address followed by an overview of Entrepreneurship and Incubation Cell by Dr. Anju Singla, Coordinator, EIC. The event was graced by Director Dr. Dheeraj Sanghi who presented cash prizes worth Rs. 35,000 to the winning teams. Dr. Sanghi congratulated the winning teams and motivated them to convert their ideas in successful business ventures. He also ensured them all possible support from the institute. The EIC Implementation Committee members were also present during the ceremony.
The Entrepreneurship and Incubation Cell in accordance with Institution's Innovation Council (IIC), Punjab Engineering College (Deemed to be university) Chandigarh conducted "IGNITE", an Annual Business Idea Competition, which provides a platform for students to showcase their business ideas and win cash prizes. IGNITE'19 received 54 ideas in the domain of health, energy, transportation, water, agriculture etc. from students across engineering disciplines.
The ideas were evaluated by internal committee and shortlisted (21) ideas were invited for pitching competition to be evaluated by an external committee consisting of Industry experts - Mr. Rakesh Sharma (Adjunct Faculty, Punjab Engineering College), Mr. Karan Checker (Director, SNA Power Pvt. Ltd.) and Mr. Vineet Kulkarni (Vice President, Chandigarh Angels Network) along with internal members of Institution Innovation Council - Dr. Anju Singla (President IIC), Mr. Mayank Gupta (Convenor IIC) and Dr. Rakesh Kumar (Faculty Member IIC).