Entrepreneurship Cell of GL Bajaj Institute of Management & Research. PGDM Institute, Greater Noida organized a competition on "Innovative Products or Services” on Saturday, December 19, 2020 for the students of PGDM Batch 2020-22 under the patronage of Mr. Pankaj Agarwal, Vice Chairman, GL Bajaj Educational Institutions.
The session started with an invocation to Goddess Saraswati. Then, a brief introduction about GLBIMR was given. Dr. Ajay Kumar, Director, GLBIMR emphasized on the importance of innovation in today’s tough times. He further stated that innovation had been the core of success for the very existence of a growth oriented world. He also encouraged the students to participate in such competitions in the future as well.
The judges for the competition were Dr. Shuchita Singh and Dr. Parul Yadav, faculty members of GLBIMR.
A total of 05 teams participated in the competition in which the students showcased their new and innovative ideas through presentations. The innovative products or services presented by the students included Flying Cars, Hyperloop, Neuphony, etc.
After the presentations, the teams were judged on the basis of various parameters of evaluation by the judges. Later on, Certificate of Excellence was awarded to the winners of the event “Innovative Product Design Challenge for COVID Times” organized by Marketing Club of GLBIMR. This competition provided an opportunity to the students to explain why their product or service was innovative or out of the league and also gave them a chance which enhanced their confidence to perform on a virtual platform.