The process of translating an idea or invention into a good or service that creates value or for which customers will pay. To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.
Come compete in our Weekly Innovation Challenge from 2.20 to 4 p.m,every wednesday, in the TEP room ,SRIX block,SR engineering college! Students will be given an impromptu challenge and will have one hour to complete. Which ever team completes the challenge successfully first winsRs. 1000/-.Additionally, if there are more no:of participants students will be given extra prize money.. The events are sponsored by the NEST ENTREPRENEURSHIP CELL . The goal of the competitions are for students to exercise their minds and creativity, just as they would their bodies. Challenges have included a wide variety of topics—from designing the tallest free-standing structure using sticks to creating a “green” toaster box design. If you have questions regarding the Weekly Innovation Challenge, please contact us at @nest_ecell(or) at CED room,3rd block,SREC.
How to Participate :
Any SREC student can participate. Teams must consist of 3 to 4 members. Students can either form teams prior to the event, or just show up ten minutes early and the facilitators will match them up with others in need of additional teammates.
https://www.srecwarangal.ac.in/weekly-innovation-challenge.php
do participate in it... don't miss the chance..!!
every wednesday..afternoon...
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