Schaeffler India Social Innovator Fellowship for Innovative Projects 2024 | Last Date, How to Apply

Schaeffler India Social Innovator Fellowship Program 2024 is an exceptional initiative designed to support and nurture innovative minds focused on creating sustainable solutions for societal challenges. This prestigious fellowship is not just a financial grant; it is a comprehensive package that includes mentorship, networking opportunities, and access to an extensive support system. This program is a testament to Schaeffler India’s commitment to sustainability and social responsibility, aiming to catalyze significant positive changes in various sectors.

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Eligibility Criteria for Schaeffler India Social Innovator Fellowship

To apply for the Schaeffler India Social Innovator Fellowship Program, applicants must meet the following criteria:

1. Age Group: Applicants should be between 18 and 35 years old as of 1st July 2024.
2. Residency: The fellowship is open to residents of India.
3. Applicant Type: Both individuals and groups can apply, including early-stage startups, NGOs, and profit or non-profit organizations.
4. Project Criteria:

• The project must address one of the following categories:
  • Environmental Sustainability
  • Renewable Energy
  • Carbon Neutrality
  • Circular Economy
  • Natural Resource Management
  • Application of Technology in the Social Sector
• The project should not be an established commercial venture and must meet six key requirements:
  • A clear target market or audience
  • Address a specific need, problem, or opportunity
  • Potential for scalability and significant positive impact
  • Economic and sustainable
  • Commercial viability
  • Include a prototype

Benefits for Schaeffler India Social Innovator Fellowship

The Schaeffler India Social Innovator Fellowship Program offers a range of benefits designed to help fellows develop and scale their innovative solutions:

1. Financial Grant: Each of the 10 selected fellows will receive a grant of INR 1.5 Lakh.
2. Mentorship: A 24-week hybrid mentorship program at IIMA Ventures, IIM Ahmedabad, providing invaluable guidance and insights from industry experts and successful entrepreneurs.
3. Networking: Access to Schaeffler India’s extensive network of partners, industry leaders, and fellow innovators.
4. Community: Entry into a vibrant community of peers and like-minded innovators, offering collaboration and learning opportunities.

Documents Required for Schaeffler India Social Innovator Fellowship

Applicants need to submit the following documents:

1. Idea Pitch Deck: A PDF document outlining the project, limited to 4 MB in size.
2. Video Presentation: A 90-120 second video describing the idea or project.
3. Aadhaar Card: For identification purposes.
4. Passport Size Photograph: A recent photograph of the applicant.

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How to Apply for Schaeffler India Social Innovator Fellowship

To apply for the Schaeffler India Social Innovator Fellowship Program, follow these steps:

1. Click on the “Click Here To Apply” button provided at the end.
2. Carefully review the scholarship details provided.
3. Complete the application form and ensure all required information is accurately filled out.
4. Attach the necessary documents as specified in the scholarship requirements.
5. Finally, click the “Submit” button to submit your scholarship application.

Last Date to Apply for Schaeffler India Social Innovator Fellowship

The deadline for submitting applications for the Schaeffler India Social Innovator Fellowship Program 2024 is 15 August 2024.

Contact Details

For any queries or assistance, applicants can contact:

• Email: schaeffler.fellowship@gmail.com
• Phone: +91-1234567890 (Monday to Friday, 10 AM to 6 PM)

Additional Information

The program is designed to support projects that have the potential to create a significant impact in society. It emphasizes the importance of addressing pressing social issues through innovative solutions. The selected fellows will participate in a structured mentorship program, gaining insights and guidance from seasoned professionals at IIMA Ventures.

Terms and Conditions

1. The fellowship amount will be disbursed upon successful completion of the mentorship program.
2. Projects must not be commercial ventures and should focus on social impact.
3. Applicants must provide accurate and truthful information during the application process.

Impact of Schaeffler India Social Innovator Fellowship

The Schaeffler India Social Innovator Fellowship Program aims to empower individuals and groups to:

1. Develop Innovative Solutions: Encouraging the creation of new ideas that address social and environmental challenges.
2. Scale and Grow: Providing resources and mentorship to help scale projects and reach a broader audience.
3. Network and Collaborate: Connecting fellows with a network of experts, investors, and like-minded individuals.

Common Mistakes to Avoid

1. Incomplete Applications: Ensure all sections of the application are thoroughly completed.
2. Lack of Clarity: Be clear and concise about your project’s goals, impact, and scalability.
3. Overlooking Requirements: Ensure your project meets all the specified criteria, including having a prototype.
4. Ignoring Deadlines: Submit your application well before the deadline to avoid any last-minute issues.
5. Inadequate Documentation: Provide all required documents, including a detailed pitch deck and a well-prepared video.

Why You Should Apply for Schaeffler India Social Innovator Fellowship

The Schaeffler India Social Innovator Fellowship Program is an unparalleled opportunity for budding social entrepreneurs and innovators. It offers not only financial support but also a platform to refine and expand your ideas. The mentorship and networking opportunities can significantly enhance your project’s potential and visibility.

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FAQs for Schaeffler India Social Innovator Fellowship

Q1: Who can apply for the Schaeffler India Social Innovator Fellowship Program?

The fellowship is open to Indian residents aged 18-35, including individuals, groups, early-stage startups, and NGOs. The project must address specified categories like Environmental Sustainability and must not be a commercial venture.

Q2: What are the benefits of the fellowship?

The fellowship provides a grant of INR 1.5 Lakh, a 24-week mentorship at IIMA Ventures, access to Schaeffler India’s network, and inclusion in a community of innovators.

Q3: What documents are needed for the application?

Applicants must submit an idea pitch deck, a video presentation, Aadhaar Card, and a passport-sized photograph.

Q4: How are the fellows selected?

The selection involves a multi-stage process, including application review, interviews, and a project pitch presentation to a jury.

Q5: What is the last date to apply for the fellowship?

The application deadline is 15 August 2024.

Conclusion for Schaeffler India Social Innovator Fellowship

Schaeffler India Social Innovator Fellowship Program 2024 is more than just a financial grant; it is a unique opportunity to bring innovative solutions to life. With comprehensive mentorship, networking, and a supportive community, this fellowship provides a robust platform for social entrepreneurs to scale their impact. The program’s focus on sustainability and social innovation aligns with the global push towards a more equitable and sustainable future. If you have a groundbreaking idea that addresses a social challenge, this fellowship could be the catalyst you need to transform your vision into reality. Apply now and become a part of a transformative journey towards positive societal impact.

Overview for Schaeffler India Social Innovator Fellowship for Innovative Projects 2024

Scholarship id	CPSA24072100669
Scholarship Name	Schaeffler India Social Innovator Fellowship for Innovative Projects 2024
Scholarship Open for	Boys & Girls
Scholarship Offered by	Schaeffler India
Who can Apply ?	Indian residents aged 18-35 with projects in environmental sustainability, renewable energy, carbon neutrality, circular economy, natural resource management, or technology in the social sector.
Scholarship Open for	All Over India
Scholarship Amount	Rs. 1.5 Lakh per fellow
Last Date to Apply	15 August 2024
Application Link	Click Here To Apply