yukti presentation template for 2023-42)

Template

1. DENSITY BASED TRAFFIC CONTROL
SYSTEM USING IOT
YUKTI Innovation Challenge 2023
Institution’s Innovation Council (IIC),
Ministry of Education’s Innovation Cell
Submission of Assignments 1-5 for 1
st
Stage Evaluation
Proto ID:IC20181059
IIC Institute Name: RATHINAM
COLLEGE OF ARTS AND SCIENCE
Team Lead Name:YugapriyadharsiniN
Theme/Sector of Focus:
Mentor Name:Mr.N.Ganapatiram
Team Members:Narmatha M
Sumathi V Gayathri N

2. Assignment 1: Problem Framing/Statement Canvas
Preparation and Submission of a Problem Statement Canvas
Sheet for Validation of your Idea/Prototype/Innovation
Find few Sample Problem Statement/Framing Canvas copy for Reference and
Blank Formats for Fill up and Upload of the same (jpg or pdf) in the YUKTI
Portal.
Please refer the example and format of Problem Statement Canvas provided at
https://www.metabeta.com/blog/process/problem-statement-canvas/. Alternatively can refer the Problem Framing
Canvas at https://miro.com/miroverse/problem-framing-canvas-1/

3. Who is your Customer Segment: Public(road transport user)
Idea/Innovation Title: Density based traffic control system using IOT
Prepared By: Yugapriyadharsini N
Problem Statement Canvas
YUKTI Proto ID:IC201810579
Date of Submission:
27/10/2023
Contact No: 9715730692
Your Answer:
ROAD(at traffic)
Your Answer:
LARGER TRAFFIC DENSITY
Your Answer:
WAIT LOT OF TIME
Your Answer:
MAIN JUNCTIONS AT MATROPOLITAN CITIES
Your Answer:
Using short cuts ,by changing route may make the travel even late,
and end up in wrong routes even at some dangerous area
Your Answer:
FRUSTRATRE A LOT
Your Answer:
INCREASE IN STRESS ,POLLUTION AND UNABLE TO REACH
DESTINATION IN ACCURATE TIME

4. Assignment 2: Empathy Map/Opportunity Canvas
Preparation and Submission of an Empathy Map/
Opportunity Canvas Sheet for Validation of your
Prototype/Innovation
Find few Sample empathy canvas copy for Reference and a Blank Format for
Fill up and Upload of the same (jpg or pdf) in the YUKTI Portal.
Complete Guidance of Preparing Empathy Canvas with Templet Available at https://miro.com/miroverse/empathy-map-canvas-1/
Opportunity Canvas at

5. Your Answer:
Road users hear traffic lights change more frequently, see
other road users given priority, and hear emergency vehicles
given clear paths through traffic.
Your Answer:
Density based traffic control system empathizes with all road users to optimize flow and
improve safety.
Who is your Customer Segment:
General public
Idea/Innovation Title:
DENSITY BASED TRAFFIC CONTROL SYSTEM USING IOT
YUKTI Proto ID:IC201810579Designed By: Yugapriyadharsini N Date of Submission: 27/10/2023
Your Answer:
•Traffic flow is improving,but I'm
still stuck.
Your Answer:
We're getting to our
destinations faster.
Your Answer:
Density-based traffic control is a step in the
right direction.
Your Answer:
Density based traffic control system needs to
optimize traffic flow and improve
safety for all road users.
Your Answer:
•Traffic lights that change more frequently or stay green for longer on less
congested roads.
•Other road users being given priority, such as pedestrians and cyclists.
•Emergency vehicles being given clear paths through traffic.
Your Answer:
"We're able to get to our destinations more quickly
now.“
"I'm still stuck in traffic, but it's better than it was
before."
Your Answer:
Road users may adapt their travel times,
modes of transportation, and awareness of surroundings
to density-based traffic control.

6. Assignment 3: Business Model Canvas
Preparation and Submission of an Business Model Canvas Sheet for
Business Opportunity Validation your Prototype/Innovation
Find few Sample Business Model Validation copy for Reference and a Blank
Framework for Fill up and Upload of the same (jpg or pdf) in the YUKTI Portal.

7. Key partnerships
Who are our key partners?
7
Key activities
What things do you do to deliver your value proposition?
Resources
What assets do you need to make it a reality?
Business Model Canvas
Date:
8
6
Cost structure
What are the most important and expensive resources that you’re going to have to pay for?
9
Revenue streams
How do you actually make money to sustain your business?
5
Customer relationships
How do you find customers, keep them and grow user base?
4
Channels
How does your product or service get to your customer?
3
Value proposition
What problem or need are you solving for?
2
Customer segments
Who are your customers? What are the different groupings?
1
7
Idea/Innovation Title: YUKTI Proto ID:

8. Assignment 4: Recent Images of
Prototype/Innovation
Place at least two –three recent images of your
product/innovation
&
Place the URL of maximum 3 minutes video on your
product/innovation. Refer video preparation guideline
Note:
1.If video contains the IP component then video may be uploaded in the google drive and access
shall be given to [email protected]
2.Due to ease of accessibility, the video may be uploaded on YouTube and video link should be
provided.
3.Only provide video URL/Link and no video should be sent in email to MIC

10. Assignment 5: Submit Brief Presentation on your
Innovation and Business Opportunity Plan

11. LEARN NOW
1. The Overview
Create a very high-level overview of your product or service
Who are you and why you're here?
Keep it short and sweet
Don’t put too much text on the
slide
Create a hook

12. LEARN NOW
2. The Problem
What problem are you trying to solve? Is it really a problem?
Description of customer pain points
What kind of person/customer is this
product for? -Persona
How the innovation/startup solves it -concept & key elements.
Brief tech involved

13. LEARN NOW
3.The Solution
Describe how are you solving the problem
What the Solution Why it’s compelling
Include explainer videos, images, demos, product screenshots

14. LEARN NOW
4. The Product/Service
Describe how are you solving the problem
Include explainer videos, demos, product screenshots
Include PoCs.Includetestimonials of actual customers, if any.
Value Proposition of product/serviceBenefits/Impact its creating

15. LEARN NOW
5. Market & Opportunity
Describe/Highlight the size of your target market
Total Addressable Market Serviceable Addressable Market (SAM)
Target Market -The portion of SAM that you can capture
Provide Primary/Secondary Research Data

16. LEARN NOW
6. The Technology/Innovation
Describe the technologies you are using to solve the problem
Stage of the development of solution
State/Stage the Technology Readiness
Level (TRL)
Highlight the Intellectual Property (IP)
component
Innovation & Uniqueness
Road Map for going forward

17. LEARN NOW
7. Competitive Landscape
What are the alternative solutions available in the market?
Mention Potential Competitors
Mention Competitive Advantage of
your Product over others
Tell about what sets you apart from
competitors
Highlight Barriers to entry –Key partnerships, IP
What are Opportunities for collaboration and co-creation

18. LEARN NOW
8. Business Model
What is your revenue model?
Clearly and concisely explain how you
generate Money: Source of Revenue
Investors want to know that you
have a viable business model in
place even if you aren’t currently
making a profit

19. LEARN NOW
9 Traction
Customer Validation
Mention any business traction you
received so far for your
innovation/product/service
Talk about Key Performance Indicators
(KPIs)starting from product
development to product launch and
growth of business
Month on month growth rate
Pre orders
Letter of intent
Beta sign ups
Key Partnerships/Licenses

20. LEARN NOW
10. Resource Mobilisation Plan
What is your Resource Mobilization Strategy and What you have done so far?
Production Plan?
Resource Requirement –
Human & Technology &
Infrastructure/
facility
Financial/Fund
Raised/received from
Alternatives Sources: Govt.
Grant, Friends,
Bootstrapping, Bank loans
etc.

21. LEARN NOW
11. Way forward Strategy
What is your implementation strategy in short-term, midterm and long-term?
Short term if any?
For example; Joining an
Incubation unit, Forming
Startup, Technology
Transfer etc.
Mid term if any?
Launch of Product,
Market enrollment,
Dilution of Founders
Share/Equity, incubation,
credit/loan etc.
Long term if any?
For On-boarding Angel and
VC partner on equity or
debt funding mode etc.
IPO, Sale out, M&A etc.

22. LEARN NOW
12. The Team
Show the people behind the idea and briefly describe their role
Founders
Key team members
Key advisors/mentors
Team member’s history
Educational/Industry backgrounds and
expertise
Describe their specific role in the
company
Explain the unique value each person brings to the startup
Talk about their passion for the project and why they decided to work for a startup

23. LEARN NOW
13. Contact
Leave your contact details and let people know how to reach you quickly
2 phone nos. Email id

24. Thankyou