House of Crafts is presenting the idea of selling India’s rare handicrafts to tourists. Inviting them over to stay with the artisans and craftsmen of Orissa, they would promote tourism and their business.
Their market plan includes a 3 month and 6 month plan for supply of the handicrafts. A major emphasis would be placed on bags and purses. They would achieve the goal of sustaining their business by partnering with companies and distributors in Spain. Sanitation facilities in the villages of Orissa are their concern and they will use the revenue generated to cover their regular cost and the logistic and inventory costs.
The team has forwarded the idea of digital marketing and marketing through exhibitions.
Impressing the jury with their idea of integrating tourism with the selling of handicrafts, team House of Crafts has left their mark in the 9th edition of YIC in Mumbai.
Team Aarogya shared survey results of expired medical disposal habits. Their proposed solution is an app that seamlessly connects chemists who have medicine close to expiration date with chemists who are looking for the same on an urgent basis.
Their business model proved sustainable as it ensured timely use of unexpired medicine and advantages to consumers. The reason why a chemist would install the app would be their intention to save their own losses in case of expiration of the medicine.
The app would charge a minimal one – time subscription fee and address the problem of energy loss and incineration. Their timeline and work plan involved a detailed list of plans and a comprehensive budget including resources, technology and operations.
Overall team Aarogya promises a swiggy like model for sustainable and responsible consumption of medicine.
This team has its eyes set on collecting e-waste, rendering it and empowering the fragment of society that is below poverty line.
Their intention is to work alongside the government and realise their goal of employability and employment generation. E-waste would be rendered by ITI and interns, post a quality check, the product that has been salvaged would be distributed through distribution centres.
They intend on backing their social entrepreneurship through their sales in urban localities.
With confidence and enough research to build a solid foundation for their project, this team has an edge as their target audience is the lower wage segment of society. Their revenue model impressed the jury with it’s classification in 3 steps – collection, rendering and distribution.
With interesting market insights and an impressive revenue model, Team Sustainofires has an edge over others with their innovation and practical solution.
Team Takshashila at YIC emphasises over the quality of education. Their teacher empowerment program is focused towards developing the skill set of teachers and in turn imparting quality education to students in private schools.
They plan on collaborating with government schools and getting funds from the CSR activities of MNCs. The mentors are impressed with their dedication towards developing the quality of education in society.
They aim to break free from stereotypes and have developed their own plan to ensure holistic growth of society and its education.
Team 12 at YIC Mumbai has the objective of eradicating poverty in farmers and improving their standards of living.
The team has decided on Makhana as the produce and farmers in Bihar are their first choice for a pilot run. Doing away with the middleman and investing in rural development is their priority.
Their budget is roughly 30 lacs for their infrastructure, construction and operation. The execution plans and quality assurance plans backed the proposed project for social entrepreneurship.
The delegates have left no stone unturned in their efforts to eradicate poverty in rural areas.
Team 18 at the 9th edition of YIC in Mumbai is addressing the toxicity of the dyes used in chemical industries that generate toxic waste. Their vision is to treat effluents and make it environmentally viable.
Waste management is one of the major challenges faced by urban India. The solution to this problem would be treatment of waste in an organised and cost-effective manner.
Their 3 step action plan includes perception and resonance, community building and value creation. The team seemed confident to take on the upcoming challenges and they have plans to take over social media through dedicated campaigns.
With such technically sound and insightful projects in the making, team 18 has up the bar for sustainable development.
Team Planet has done their research right! From the statistics to facts and important research findings, the team is presenting a novel idea that is awaiting a patent. Following the introduction of their idea of generating energy through ocean water in a reservoir, they are enthusiastically sharing their plan of action.
Their plan is backed by prospective tie-ups and sponsors. The project would benefit people through employment generation and economic growth. Their collaboration plans included plans for rounds of funding with giants like Tata and Reliance.
Stay tuned for more updates.