CNBC, in association with Samsung, presents the ‘Samsung Innovation Quotient 2’ – Apply now!

Innovations have often been sparked off by simple, incremental strokes of change. Have you invented a product that fulfills or solves the need of the masses? Then, you too are invited to break some rules, free your mind and think out of the box!

In a first-of-its-kind-program in India, Ashoka India, a leading global citizen sector organisation, comes aboard as a Social Innovation partner to mentor 15 young social entrepreneurs to become thought leaders and become aware of their role as ‘Changemakers’ in today’s fast-changing environment. In this hunt, the jury hope to identify innovators who are working towards the betterment of society through innovation and aiming to find solutions to pressing social problems that continue to haunt us. Simply put,  The Samsung Innovation Quotient - Season 2 is your ticket to the world of innovation.

Instructions for Participation

1.As an applicant/nominee to the Samsung Innovation Quotient 2012 (SiQ), your business must have a strong India operation focus.

2.The enterprise [or the nominated enterprise] for SiQ should be a for-profit entity and the innovation being submitted should not be more than 5 years old

3.Enterprise product/service should have an established proof of concept / completed at least 1 successful pilot phase.

4.Any secured patent /IP applied for should be clearly mentioned.

5.Any Award /Recognition received for the Innovation submitted should be clearly indicated along with the year.

6.The decision of the SiQ Jury with respect to selection of winners will be final and binding.

7.Past entries of SIQ 2011 cannot be resubmitted.

Deadline for applications – 30 June, 2012 (Late submissions will not be accepted)

Log on to the Official SiQ website for more details and to apply.