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

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

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

Applicant 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