Latest news with #IndiaAccelerator
Hans India
02-08-2025
- Automotive
- Hans India
Schaeffler India Launches the fourth edition of the Social Innovator Fellowship Program to empower Young Change-makers
As part of this prestigious fellowship, 10 innovators aged 18 to 35 will each receive a grant of INR 1.75 lakh and gain access to an intensive 24-week hybrid mentorship program at the renowned IIMA Ventures, designed to accelerate their ideas. The program will provide tools, guidance, and resources to scale their solutions and amplify their impact. Beyond funding and mentorship, selected applicants will also gain exclusive access to Schaeffler India's vibrant and dynamic innovation community, offering valuable opportunities for collaboration and growth through Schaeffler's network and ecosystem partners. The program invites applications from individuals, groups, institutions, and both for-profit and non-profit organizations across India who are addressing pressing challenges in Environmental sustainability, Renewable energy, Carbon neutrality, Circular economy, Natural resource management, and the application of technology in the social sector. Applicants must demonstrate a functioning prototype, a clear target market or audience, and a roadmap for scalability, sustainability, and commercial viability. Eligible participants, including individuals or groups, will undergo a rigorous screening process. A distinguished jury panel, comprising Schaeffler India leadership and India Accelerator experts, will evaluate applications through a multi-stage selection process, including telephonic and virtual interviews, as well as a final pitch presentation. Speaking about the program, Mr. Harsha Kadam, Managing Director & CEO, Schaeffler India, said: 'At Schaeffler India, we truly believe in innovation and development, and we have been investing in inclusive and sustainable programs. Through structured initiatives such as HOPE, we aim to empower and nurture visionary young innovators with a pioneering spirit who are developing technology-driven solutions for social sectors and environmental issues, making a meaningful difference through their unique approaches. Schaeffler aims to be both an enabler and catalyst in solving these issues, affirming its belief in innovation as a force for equitable progress'. Ms. Shibi Mathew, Head of HR and CSR, Schaeffler India, added: 'We are deeply committed to advancing the meaningful progress of our communities. We proudly announce the launch of the Schaeffler India Social Innovator Fellowship Program for 2025, with the primary aim of harnessing and supporting the pioneering spirit of young and passionate innovators across India. This program offers a remarkable opportunity for talented individuals to bring improvements to social and ecological issues through their innovative solutions. We eagerly await the participation of outstanding leaders who will demonstrate a strong commitment to developing transformative solutions, resulting in more resilient systems, empowered communities, and positively impacted lives.' Through its CSR initiative, HOPE, the company consistently explores new ways to empower communities. Through this initiative, Schaeffler India aims to identify and enhance the capabilities of these change-makers, driving positive transformations in society. Application Process: Eligible candidates can apply between July 30, 20 25, and August 30, 2025, by following these steps: 1. Click on 'Apply Now' on the program website. 2. Log in or register on Buddy4Study. page/schaeffler-india-social- innovator-fellowship-program- 2025 3. Fill in the application form and upload required documents: project video, ide a pitch deck (optional), Aadhaar card, and passport-sized photograph.
Entrepreneur
10-07-2025
- Business
- Entrepreneur
India Accelerator Launches Two Flagship Programs to Build Future Startup Leaders
These flagship programs are tailored to cultivate entrepreneurial and venture capital talent—nurturing the builders, operators, and investors who will shape the next wave of Indian innovation. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India Accelerator (IA), a prominent multi-stage venture capital fund, has launched two key initiatives aimed at fostering the next generation of Indian entrepreneurs and venture capitalists. With a commitment of INR 20 crore, the organisation introduced IA School and IA Alpha, programs designed to equip young talent with practical startup and investment experience. IA School targets aspiring entrepreneurs by offering a hands-on curriculum that emphasises real-world learning over theory. Through case studies, startup failure analyses, and insights from seasoned founders and investors, the program aims to shape individuals into resilient startup leaders. Participants will receive structured support in areas such as go-to-market strategy, customer acquisition, and business model validation. IA plans to back five startups emerging from this program, helping them progress from concept to funding-ready. The second program, IA Alpha, is a six-month venture capital immersion tailored for high-performing students from India's top institutions, including IITs, IIMs, and BITS Pilani. Modeled after global initiatives like the Dorm Room Fund and Scout Program, IA Alpha places selected students in simulated fund manager roles. They will evaluate startups using a virtual INR 20 crore fund, participate in internal investment discussions, and recommend promising ventures. These students will not only gain behind-the-scenes exposure to the VC process but will also act as scouts within their college networks, helping IA discover emerging startups early in their journey. Ashish Bhatia, Founder of India Accelerator, said, "The entrepreneurs of tomorrow need more than ambition—they need clarity, resilience, and a builder's mindset. With IA School and IA Alpha, we're providing immersive platforms where future founders and investors can learn by doing, embrace failure, and build with purpose." With these programs, IA continues to extend its influence beyond funding, contributing to the development of a sustainable, founder-focused startup ecosystem where talent is cultivated from the ground up.
