Innovation Fellowship Programme
The Innovation Fellowship Program focuses on building innovative businesses based on the knowledge, skills, and competencies of the budding entrepreneurs. Institutional support shall be available to form the venture and help to grow the business in a highly professional environment along with plug-and-play facilities, arrangement of seed capital, brand building, community and global marketing etc. Over the course of the time, which shall be minimum of one year and maximum of five years, the Innovation Fellows shall learn, apply, and invent the technology and business innovation methods, tools, and new approaches which shall be embedded in their projects. The Fellows shall focus on ideation, problem-solving, experimenting ethical solutions to a real-life challenge of mankind, society, economy, environment and ecology. They become the ambassador for innovation and enduring positive changes. Only 10 applications will be selected in this batch from highly self-motivated, intelligent, and creative individuals, startups, MSME units. Women applicants shall be given preference. The applications are invited from (1) Under Graduate, (2) Post Graduate (in any discipline), and (3) Doctorate candidates – fresher and experienced. We shall provide them initial training support to generate new and innovative ideas for solving real-life challenge by applying cutting-edge technology and innovative business models. Final selection will be based on the merit to be assessed through online test, performance in workshops, ideation, project conceptualization, business plan etc. The selected candidates shall be a part of the master business program which will be linked with their business from existence to maturity phase over the tenure of Fellowship. The direct services to be enjoyed by the Fellows will be financed under the government schemes.
Frequently Asked Questions
To apply for the Innovation Fellowship Program, you are required to have the drive, ambition, and interest to find new ways to solve any socio-economic challenge which can be solved through innovative business ideas. The Fellowship is awarded after a stringent screening process.
It is great that you have innovative idea. However, innovation is more than great ideas. The Fellowship Program is not about funding any idea, but it’s about Fellows working on problems and challenges using innovation methodologies through business activities.
Absolutely not. While new technology play an important role in innovation, we’d like to think of ourselves as being technology agnostic. Over the course of the Fellowship period, Innovation Fellows address socio-economic challenges using innovation methodologies which can involve either high-tech, low-tech, and even zero-tech solutions.
A fellow can start working with us once their project is evaluated, appraised and approved by the experts.
All the fees and charges applicable will be included in the project cost which will be financed under government schemes.