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Applications open

Last date to apply May 20, 2020

Objective

To promote tech entrepreneurship by providing financial support to startups preferably leveraging emerging technologies such as IoT, AI/ML, Blockchain, Robotics etc.

Areas of Focus


Infrastructure &
Transportation


Clean Energy
Solutions


Environment &
CleanTech


Financial Inclusion &
Digital Payments


Education


Healthcare


Agriculture

EiR [IDEA]

[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

Incubation with Grant

[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 Grant

Eligibility

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

Evaluation Parameters

Uniqueness

Societal Impact

Time Frame

Sustainability

Innovation

Market Fit

Timeline

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