As a preliminary step, some NID students had explored possible ways of treating these currency shreds provided by the Indian office of Royal Dutch Kusters Engineering - into creative objects. The resultant outcomes were encouraging and welcomed by one and all and had fared in the media.
To take this initiative forward, KE in cooperation with NID have instituted the above competition. The objective of this KE Prize is to stimulate the development of ideas to transform briquettes of banknotes into value added products.
The competition will be open from 18th May 2017 and interested students will have to submit their first design proposal in the form of 3D renders with drawings and dimensions before 29th June 2017. The entries will be evaluated by a jury and the short-listed participants will be supplied with shredded unfit banknotes in the form of briquettes.