Garden Reach Shipbuilders & Engineers Ltd. · NSE:GRSE
Garden Reach Shipbuilders & Engineers — GAINS Outreach Webinar 2024
16 slides from Garden Reach Shipbuilders & Engineers's conference presentation, Jul 10, 2024
Slide 1: GRSE Accelerated Innovation Nurturing Scheme (GAINS)
GRSE ACCELERATED INNOVATION NURTURING SCHEME (GAINS) BRIEFING – 10 Jul 24
Slide 2: Contents
Contents • Background • Open Innovation & GAINS • Structure for GAINS • Thematic Areas • GAINS Implementation Process • Reward & Revenue Sharing • Success Story of The Inaugural Edition Of GAINS, GAINS-2023 • Implementation Timelines
Slide 3: Background
Background • In-house efforts has only paid incremental dividends due limited exposure of yard personnel to:- • Emerging technologies • Start-up environment as a whole • Need to provide shipyard with wide access to innovators, making a broad range of talents visible • Leverage thriving Start-up ecos
Slide 4: Open Innovation & GAINS
Open Innovation & GAINS • An effective way to gather ideas from outside the organisation to create better (and cheaper) solutions in relative short time • Attracts more talent with a wider pool of ideas drawn from a broader experiential base, contributing to innovative cross fertilisation • GAINS -
Slide 5: Structure for GAINS
Structure for GAINS • GAINS Challenge will be a two-stage process • Generation of large number of ideas expected from which a few promising ones may be selected and nurtured • Proposals will be invited from eligible individuals/ entities to provide innovative technological & business solutions in se
Slide 6: Structure for GAINS
Structure for GAINS • GAINS Challenge to be conducted by the GAINS team :- • CGM(Innovation) - GAINS Challenge Leader • Members from Design, Production, IT and CC and IND • Selection of Start-ups in Stage-I and Stage-II will be undertaken by a GAINS Evaluation Committee • Negotiation and Placement o
Slide 7: Thematic Areas
Thematic Areas • Artificial Intelligence in shipbuilding (AI) • Renewable/ Green Energy and Energy Efficiency • Efficiency Enhancement in shipyard
Slide 8: GAINS Implementation Process
GAINS Implementation Process ANNOUNCE CHALLENGE INITIATION / FAMILIARISATION • SHORT & ILLUSTRATED STAGE – I - • ORDER OF COST SUBMISSION • PROF QUALIFICATION • ELIGIBILITY STAGE – I • COST & TIME 4-5 SELECTED BY • IMPLEMENTABILITY COMMITTEE • VALUE TO BUSINESS STAGE – II – SUBMISSION (PROJECT REPOR
Slide 9: GAINS Implementation Process
GAINS Implementation Process STAGE – II – SUBMISSION • DETAILED PROPOSAL (PROJECT REPORT) • IMPL. STRATEGY • TIMELINES & COSTING • ESTIMATE OF ROI PAYMENT OF UPTO RS 5 LAKHS AGAINST PROJECT REPORT • EVALUATION BY COMMITTEE • MANDAYS/ MATERIAL • INTERVIEWS/ ETC. PRESENTATION • RECOMMENDATION OF NEOGO
Slide 10: Intellectual Property Rights
Intellectual Property Rights • Start-ups to confirm ownership of IPRs subsisting in their proposals and no infringement on any third party's IPRs • The Start-ups will obtain all permissions from third parties to use their IPRs for any application required for the proposal • GRSE will not retain any
Slide 11: Reward and Revenue Sharing
Reward and Revenue Sharing • Payment envisaged against Stage-II deliverables (up to Rs 5 Lakhs) • Winner(s) may be awarded contract(s) • If the product is sold to other customers, a revenue sharing model will be worked out. This will be approved by Apex Committee
Slide 12: Success Story of The Inaugural Edition Of GAINS, GAINS-2023
Success Story of The Inaugural Edition Of GAINS, GAINS-2023 • Launched by the then Honorable Minister of state for skill development, entrepreneurship, electronics & IT, Shri Rajeev Chandrashekar Ji on 22 May 23 • Received an overwhelming response from innovators all across the country • 06 promisin
Slide 13: Success Story of The Inaugural Edition Of GAINS, GAINS-2023
Success Story of The Inaugural Edition Of GAINS, GAINS-2023 /s Smart Machines and Structures (MSM
Slide 14: Success Story of The Inaugural Edition Of GAINS, GAINS-2023
Success Story of The Inaugural Edition Of GAINS, GAINS-2023 /s Bodkin Technologies Pvt Ltd (Start-up
Slide 15: Timeline for Implementation
Timeline for Implementation
Slide 16: JAI HIND
JAI HIND
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