The Schaeffler India Social Innovator Fellowship Program is an initiative of Schaeffler India to recognize and reward individuals who are developing unique sustainable solutions that have the potential to positively impact society at scale. Under this fellowship program, a total of 10 individuals between the age of 18 to 35 years will be provided with fellowship grants worth INR 10 Lakh along with exclusive mentorship and networking opportunities at CIIE.CO at IIM, Ahmedabad.
This article offers detailed information about this scholarship programme in terms of its application process, eligibility, documentation, and other needful information. Read further to have a detailed understanding of this scholarship and its application process.
Schaeffler India Social Innovator Fellowship Program 2023 – An Overview
Schaeffler India deals in high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications.
The table given below consists of the essential details about the scholarship program for a quick reference.
Detailed Overview of Schaeffler India Social Innovator Fellowship Program 2023
| Particulars | Details |
| Name of the Scholarship | Schaeffler India Social Innovator Fellowship Program 2023 |
| Provider Detail | Schaeffler India |
| Scholarship Type | Merit based |
| Eligibility |
|
| Award | Fellowship grants worth INR 10 Lakh |
| Last Date to Apply* | September 10, 2023 |
| Application Mode | Online through Buddy4Study portal |
| Academic Session | 2023-2024 |
*The application deadline mentioned above is tentative and may change at the discretion of the scholarship provider.
Schaeffler India Social Innovator Fellowship Program 2023- Key Dates
Now, with this brief piece of information, it is important to have knowledge of some other details. But before referring to them, the candidates are necessarily required to keep track of the important dates of application to this scholarship programme. The applications for Schaeffler India Social Innovator Fellowship Program 2023are currently open. The last date to submit the application forms is September 10, 2023
Schaeffler India Social Innovator Fellowship Program 2023- Eligibility
- Applicants should belong to the age group of 18 to 35 years (as on 1st September 2023)
- Should be a resident of India
- Open for individuals, groups of individuals, organizations of profit or non-profit both across India
Important Note
- Early-stage start-ups or NGOs with functioning prototype can participate
- The project must be related to any of the following categories:
- Environment Sustainability
- Renewable Energy
- Carbon Neutrality
- Circular Economy
- Natural Resource Management
- Application of Technology like Robotics / Drone in Social Sector
- An entry must not just be a concept, idea, or mock-up and needs to fulfill the following six requirements:
- Clear target market or audience
- Addressing clear need, problem, or opportunity
- Potential to scale and positively impact people
- Economical and sustainable
- Commercial viability
- Should be a prototype
- The project MUST NOT be an established commercial venture
- A participant also needs to submit the entries describing their work in the form of idea pitch deck and a video that can be uploaded on the website
Schaeffler India Social Innovator Fellowship Program 2023- Award Details
- 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’s network & partners.
- Entry to a fellow community of peers.
Schaeffler India Social Innovator Fellowship Program 2023- Application Process
Eligible candidates can apply for the Schaeffler India Social Innovator Fellowship Program 2023online by following the steps mentioned below –
- Visit the official scholarship page.
- Read all the details carefully and Click on the ‘Apply Now’ button of the respective category of scholarship.
- Login to Buddy4Study with your registered ID and land onto the ‘Application Form Page’.
- If not registered on Buddy4Study – Register at Buddy4Study with your Email/Mobile/Gmail account.
- You will now be redirected to the Schaeffler India Social Innovator Fellowship Program page.
- Read the details carefully and click on ‘Apply Now’ to start the application.
- Fill the required details in the online application form.
- Upload relevant documents, an idea pitch deck and a video describing the ideas/project and answer the questions that have been asked.
- Accept the ‘Terms and Conditions’ and click on ‘Preview’.
- Cross-check application details in ‘preview mode’ and click on the ‘Submit’ button to complete the application process.
Schaeffler India Social Innovator Fellowship Program 2023- Key Documents
- An idea pitch deck in PDF format with size less than 4 MB
- A video (90-120 seconds) describing the ideas/projects
- Aadhaar Card
- Passport size photograph
Schaeffler India Social Innovator Fellowship Program 2023- Selection Process
A multi-stage selection process will determine the winners of the Social Innovator Fellowship Program 2023. The selection stages are mentioned below:
- All eligible applications will be reviewed and scored basis the following criteria:
- Clear target market or audience
- Addressing clear need, problem, or opportunity
- Potential to scale and positively impact people
- Economical and sustainable
- Commercial viability
- Should be a prototype
- 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
Contact Details
In case one has any queries related to this scholarship programme, its eligibility, the application process, award details, or selection process, one is requested to connect through the contact details given below –
Email: schaeffler@buddy4study.com
Phone: 011-430-92248 (Ext- 132)