To promote tech entrepreneurship by providing financial support to startups preferably leveraging emerging technologies such as IoT, AI/ML, Blockchain, Robotics etc.
Under EiR scheme
Jaiare Ventures
Arktane Technologies
Under Grant scheme
Statlogic India
Yobny Technologies
Infrastructure &
Transportation
Clean Energy
Solutions
Environment &
CleanTech
Financial Inclusion &
Digital Payments
Education
Healthcare
Agriculture
[for startups at Ideation Stage]
The EiR program aims to nurture innovative ideas by providing a support platform to entrepreneurs such that one can develop the idea into a Proof-of-Concept with assistance from networks, mentors and Industry Experts
Over a period of 12 months,
a fellowship of ₹4 lakhs may be provided along with
incubation at IIM Udaipur Incubation Center
Preferences to be given to student entrepreneurs, women entrepreneurs, and ideas that address social issues and can lead to employment creation
Apply for EiR[for startups at PoC/MVP Stage]
The Grant program is targeted at startups with a valid Proof-of-Concept that can be developed into a prototype or Minimum Viable Product (MVP) with assistance from Industry Experts in mentoring and product development
The program duration will be of 12 months.
Grant support of ₹7 lakhs may be provided along with incubation at IIM Udaipur Incubation Center
Preferences to be given to women entrepreneurs and PoCs addressing social issues, manufacturing and employment creation
Apply for GrantApplicant must be a citizen of India
The startup must pursue the idea full-time and at least one member must be of a technical background
For EiR, the applicant must have a definite Idea that can be scaled into a viable and scalable business
For Incubation with Grant,
the applicant should have a definite proof of concept which are
to be further developed into Minimum Viable Products (MVP), or have a MVP which needs further support for commercialization.
Applicant mustn't have received any fellowship/grants prior to applying. During the incubation period, if the applicant secures any external funding/investments, tbe concerned entrepreneur/venture will be considered successfully graduated and financial support will be discontinued
Uniqueness
Societal Impact
Time Frame
Sustainability
Innovation
Market Fit
May 04, 2020
Call for Application
May 20, 2020
Application Evaluation
May 28, 2020
Announcement of Final Selection
May 20, 2020
Last Date for Application
May 25-26, 2020
Bootcamp and Idea Presentation
June 1, 2020
Idea Incubationn