SEEDING
EIR
Entrepreneur in Residence (EIR) – A Co-creation program to enable entrepreneurs with deep tech product idea to leverage research output from IIIT Hyderabad labs and help them in building a deep tech startup with social or commercial applications.
Supported by:
Vertical Foucs
Benefits for the EIR fellow
- Cocreate with research
- Strategy guidance & acceleration
- Rs.30,000 fellowship per month
- Access to maker labs
-
Seedfund upto 25 lakhs
(Upon achieving the milestones set)
Who can apply ?
- The EIR Applicant should have completed: Minimum 4 years of formal full time undergraduate/post graduate education towards one or more degree programme. Basic degree or diploma should be in science or engineering. (OR) 3 years degree or diploma program and have 2 year full time work experience post degree or diploma. Basic degree or diploma should be in science or engineering
- EIR support recipient are expected to pursue their entrepreneurial aspirations full time. EIR cannot be concurrent with any other remuneration or fellowship
- Entrepreneurs with a business model and no established company can apply
- Graduated students who are having entrepreneurial mindset can apply
- Proposed solution should have AIML, CV, Robotics powered Tech
- Please note that candidates applying under the SC and ST categories should provide a caste certificate as will be requested by the PEP (Program execution partner) at the time of application
Check your eligibility
Applications now open
Selection Process
1
Screening
2
Shortlisting interviews
3
Selections and Onboarding
Selection Process
1
Screening
2
Shortlisting interviews
3
Selections and Onboarding
For more details about the program: Please write to nirupa.vijaykumar@cie.iiit.ac.in
NIDHI PRAYAS
CIE IIIT Hyderabad NIDHI PRAYAS Centre (PC) is to support the innovators by providing prototyping grant and provide with the PC Fab Lab facility for the development of PoC / ready product thus bringing the gap between idea and prototyping funding.
Prototyping Grant
Call for application for prototyping projects through modelling and fabrication process under NIDHI – PRAYAS Scheme @CIE IIIT Hyderabad NIDHI PRAYAS Centre.
(Next shortlisting will be done in march)
Applications now open
Objectives
The main objective of the CIE IIIT Hyderabad NIDHI PRAYAS Centre (PC) is to support the innovators by providing prototyping grant and provide with the PC Fab Lab facility for the development of PoC / ready product thus bringing the gap between idea and prototyping funding.
- Enable translation of an innovative idea to a prototype
- Provide a platform for faster experimentation and modify approaches in the idea to market journey
- Generate innovative solutions relevant to the local and global problems
- Attract a large number of youth who demonstrates problem solving zeal and abilities
- A pre-incubation program or pipeline activity leading to startup incubation. Ideal end point is venture creation and development
Eligibility Criteria
The eligibility criteria for the grantees are as follows:
Any individual applying for PRAYAS has to be an Indian Citizen with a government-approved proof of nationality such as a valid passport, voter’s id, etc. The applicant should be in the age group of a minimum of 18 years, as on the date of application.
The innovator should have the know-how of the PRAYAS project. For a team of innovators, there has to be –
- An agreement among the team about the lead innovator who would apply and the funds will be transferred to the lead innovator’s account (after selection)
- IP generated would vest with the innovator/team and it would be further taken for commercialization
- At the time of application, the period of existence of a start-up and its operations should not exceed 7 years from the Date of Incorporation.
- Wants to develop the prototype for a new product, for which they may have not received a similar kind of support.
- The company should have an annual turnover not exceeding Rs. 25 lakhs for any of the financial years since its inception
- IP generated would vest with the start-up
- It is mandatory that the innovators pursuing PRAYAS should have the Project know-how and own the IP.
- The innovator has to seek the NOC from their organisation/institution. The NOC should have the following
- Permission to apply for PRAYAS and the innovator will be granted sufficient time to work on the PRAYAS project.
- IP generated would vest with the innovator/team and it would be further taken for commercialization
Prototyping Machinery
3D Printing
Machines
Cutting
Machines
Welding
Machines
Electrical
Lab
OJAS PEP
Post-Doc Entrepreneurship Program
OJAS PEP Program is for scientists completing their Ph.D.s and wanting to pursue an entrepreneurial career. The program offers post-doctoral training focused on building a solution (device, app, digital tool) to address problems in disease detection, diagnosis, prevention, treatment, monitoring or wellness.
The scientist will need to select a professor from IIIT, who will guide the work. The Ph.D. supervisor of the candidate can also be a collaborator for the project, if the product idea is based on the candidate’s thesis work. A stipend will be provided for 12 months, and can be extended to another 12 months.
At the end of this period, the scientist is expected to incorporate a company and take the product forward. Seed funding up to Rs 25 lakhs will be available to the company upon incorporation. In parallel, the entrepreneur will have access to a network of investors through Ojas, to raise equity capital.
Highlights
EIR – Startup Seeding Program MedTech
Entrepreneur in Residence (EIR) – A Co-creation program to enable entrepreneurs with deep tech product idea to leverage research output from IIIT Hyderabad labs and help them in building a deep tech startup with social or commercial applications.
Supported by:
Vertical Foucs
Benefits for the EIR fellow
- Cocreate with research
- Strategy guidance & acceleration
- Rs.30,000 fellowship per month
- Access to maker labs
-
Seedfund upto 25 lakhs
(Upon achieving the milestones set)
Who can apply ?
- Only full time entrepreneurs can apply
- Entrepreneurs with a business model and no established company can apply
- Proposed solution to have AI/ML, Robotics, CV powered tech
