Inspired by the quality principles set forth by statistician W. Edward Deming, entrepreneur and Illinois Tech trustee Madhavan Nayar (M.S. IE ’68) made collaboration the cornerstone of his software consulting firm Unitech Systems (now known as Infogix). Today, Nayar is inspiring members of the Illinois Tech community to collaborate and develop breakthrough, innovative projects that will produce meaningful results with a societal impact within a three-year period.
The $1 million Nayar Prize was announced in 2015. One of three interdisciplinary teams was selected to further develop their project with the final prize amount awarded in fall 2018 upon completion of performance metrics. The Nayar Prize II was announced in 2016. Two of three interdisciplinary teams were selected to further develop their projects with selection of the finalist team determined in fall 2018.
Learn more about the Nayar Prize at Illinois Tech.