Program and Application Status | Last date extended for TIH-IoT CHANAKYA Post-Doctoral Fellowship Program 2023-24 (1) | Applications invited for TIH-IoT Entrepreneur in Residence (EIR) program 2023 – 2024

Call for Proposal 2023-2024

( in collaboration with SINE-Society for Innovation and Entrepreneurship at IITB )

TIH Foundation for IoT & IoE (TIH-IoT) TIH Foundation for IoT & IoE (TIH-IoT) would like to invite applications for TIH-IoT Entrepreneur in Residence ( EIR) Program 2023-2024 to motivate aspiring entrepreneurs who have an Innovative Technology Business Idea in the domain of Internet of Things ( IoT) and aims to facilitate their journey from Idea to a Startup.

About the Program

TIH-IoT- Entrepreneur in Residence (EIR) Program 2023 is introduced to inspire the best talents to be entrepreneurs, minimize the risk involved in pursuing their ventures involved in technology-based businesses, and partially set off their opportunity costs of high-paying jobs.

The TIH-IoT EIR Fellowship Grant provides tremendous opportunities for innovative entrepreneurs to expand their networks and get critical feedback on their ventures to promote their entrepreneurial career goals and aspirations. TIH-IoT EIR Fellowship Grant is for aspiring entrepreneurs with the potential for pursuing a promising technology business idea and hence improving the quality and quantity for start-ups in the technology domain of IoT and IoE.

Support

  • Fellowship Grant support of INR 30,000/- per month for a period of up to 12 months.
  • Technology and Business mentorship to facilitate the entrepreneur’s journey from idea to start-up.
  • Opportunity to get associated with Technology Business Incubators (TBI) like SINE (Society for Innovation and Entrepreneurship and IIT Bombay Centers of Excellence (CoEs) like BETIC (Biomedical Engineering and Technology Innovation Centre).
  • Opportunity for next level of funding.

Who Can Apply

  • should be a citizen of India.
  • should have graduated by the time EIR fellowship is awarded.
  • should have basic degree/ diploma in Engineering or Science.
  • should have completed minimum 4 years of formal full time undergraduate/post graduate education towards one or more-degree program Or 3 years degree or diploma program and have 2-year full time work experience post degree or diploma.
  • should pursue their entrepreneurial aspirations full time.
  • should not receive any other remuneration or fellowship concurrently with the TIH-IoT EIR fellowship from government funds.
  • should not be a promoter or significant (>10%) shareholder / beneficiary of another company at the time of applying for and receiving the fellowship.

Applicants seeking support should propose an idea (Project Proposal) in the domain of IoT and IoE, including, but not limited to below:

Application Areas Technology
Agriculture Sensors
Healthcare Network and communication
Industrial IoT Cloud Computing
Security Systems Secured Edge Computing
Smart Education Smart Actuator System
Smart Cities Software based projects (IoT Platform and applications)
Other relevant areas Security
  • To apply to TIH-IoT EIR Fellowship Grant, incorporation of a start-up is not mandatory. In case a start-up is already registered for the proposed idea, EIR applicant must be one of the promoters of the start-up..
  • The selected EIR should be registered for the pre-incubation or incubation program with a TBI for the entire duration of EIR fellowship.

How to Apply

  • Applications will only be accepted through the application form, the link for which has been given at the end of this section(Apply Now Button).
  • The applicant must have a formal business plan for the idea (Project Proposal) they intend to pursue. The project proposal should be submitted in the prescribed format. ( download the document in word format and edit and save as PDF to upload via form).

Applicatiom Closed

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Last Date to Apply

The last date to receive applications was 13th February 2023. Applications are closed for this round of review.
The application for the next round will open shortly. For updates please keep checking our website.

Contact

For any queries related to the application process please write to us at entredevelopment@tihiitb.org.

Disclaimer:

Only shortlisted applicants will be notified/informed through email.
The decision of TIH-IoT in awarding the project will be final and binding and no correspondence shall be entertained in this regard.