Schaeffler India is inviting applications for the Social Innovator Fellowship Program 2023 which aims to recognize and reward individuals who are developing unique sustainable solutions that have the potential to positively impact society at scale.
The Schaeffler India Social Innovator Fellowship Program sets itself apart by harmoniously blending financial support with the potential for significant social impact. This program carries the following distinct aspects:
Applicants should belong to the age group of 18 to 35 years (as on 1st September 2023)
Open for individuals, groups of individuals, organizations of profit or non-profit both across India
Early-stage startups or NGOs with functioning prototype can participate
An entry must not just be a concept, idea, or mock-up and needs to fulfill the following six requirements:
Should be a resident of India
The project must not be an established commercial venture
Participants also need to submit entries describing their work in the form of an idea pitch deck and a video that can be uploaded on the website.
The project must be related to any of the following categories:
Each of the 10 winning projects will be granted an award of INR 1 Lakh.
A 24-week hybrid mentorship opportunity at the prestigious CIIE.CO, IIM Ahmedabad, to help the winners further develop and scale their solutions.
Access to Schaeffler India network & partners
Entry to a fellow community of peers
A multi-stage selection process will determine the winners of Social Innovator Fellowship Program 2023. The selection stages are mentioned below:
All eligible applications will be reviewed and scored basis the following criteria:
Telephonic interview and document verification
A virtual interview round with the Schaeffler India team
A project pitch presentation to Jury panel & leaders (organized by Schaeffler India team) and final interview