Schaeffler India Social Innovator Fellowship Program 2024

Schaeffler India Social Innovator Fellowship Program Apply Online & Registration Form | Schaeffler India Social Innovator Fellowship Program Check Amount & Timelines | Features & Benefits | Age Limit & Documents | Schaeffler India Social Innovator Fellowship Program Check Eligibility & All Details |

In order to provide the selected fellows with a fellowship amount of Rs. 1 lakh in the form of financial help and support, Schaeffler India Limited launched the Schaeffler India Social Innovator Fellowship Program with the active support of the Buddy4Study foundation. Before the deadline, fellows must apply online for this fellowship.

Through this article, we will provide you with all types of information about the Schaeffler India Social Innovator Fellowship Program 2024 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share with you the process of applying online for this fellowship. To get complete information about this fellowship, read this article till the end.

Schaeffler India Social Innovator Fellowship Program 

Students who apply online for the Schaeffler India Social Innovator Fellowship Program will receive a fellowship grant of Rs. 1,00,000 in addition to mentorship support. A variety of fields, including environmental sustainability, natural resource management, renewable energy, carbon neutrality, circular economy, and the application of technology in the social sector—including robotics and drones—will be available for participation in this fellowship.

Students who currently fall within the 18 to 35 year age range may now apply for the Schaeffler India Social Innovator Fellowship Program. This will help them with a one lakh rupee fellowship grant. This fellowship will be awarded to ten innovators in total. The updated registration will be available shortly.

Schaeffler India Social Innovator Fellowship Program

Highlights Of Schaeffler India Social Innovator Fellowship Program 

The highlights of this fellowship are as follows:- 

Name Of The FellowshipSchaeffler India Social Innovator Fellowship Program 
Launched BySchaeffler India Limited
Delegated MinistryMinistry of Electronics and Information Technology
Allotted PortalSchaefflerindia Portal
ObjectiveTo provide fellowships to the innovators to carry out fellowship research
BenefitThe fellows will be able to get fellowship assistance
Applicable toCitizens of India
BeneficiariesFellows
Beneficiary CategoriesIndividuals, Groups of Individuals, Organizations of Profit or Non-profit
Beneficiary Limit10 Innovators
Age Limit18 to 35 years
Offered AreasEnvironment Sustainability, Natural Resource Management, Renewable Energy, Carbon Neutrality, Circular Economy, & Application of Technology in the Social Sector, including Robotics and Drones
Mode of TransferDBT
Payment MechanismE-Payment Mechanism
Form of BenefitFellowship Amount
Fellowship AmountRs. 1 Lakh
Transferable TypeOne-Time Payment
Host SiteNIC (National Information Centre)
Last Date To Apply OnlineWill be updated soon
Mode of ApplicationOnline
Contact No011-430-92248 (Ext- 132)
Email IDschaeffler@buddy4study.com
Official Websitewww.schaefflerindia-socialinnovators.com

Objectives Of Schaeffler India Social Innovator Fellowship Program 

The major objective of the Schaeffler India Social Innovator Fellowship Program is to support and empower innovative individuals who have passionate ideas backed by technology. They believe that innovation and development are important for growth, but they also emphasize the importance of making innovation accessible to all for inclusive growth. The platform aims to provide opportunities for visionary individuals who want to create positive impacts on society. 

Another objective of launching the Schaeffler India Social Innovator Fellowship Program for 2023 is to help young innovators in India who have creative ideas to make society and the environment better. Schaeffler India wants to support these innovators and give them a chance to work on their ideas. They hope that these ideas will lead to positive changes in our communities, make our environment healthier, and improve people’s lives.

Schaeffler India Social Innovator Fellowship Program Timelines 

The timelines of this fellowship are as follows:- 

Event Date 
Fresh Registration Starts Will be updated soon
Last Date To Apply Online Will be updated soon
Fellow Selection ProcessWill be updated soon
Fellow AnnouncementWill be updated soon

Eligible Bodies

Some bodies that are eligible to apply online are as follows:-

  • Individuals
  • Groups
  • Institutions
  • Profit Organizations
  • Non-Profit Organizations

Age Limit 

The innovators will need to possess the below-mentioned age limit:- 

Minimum Age Limit 18 Years 
Maximum Age Limit 35 Years 

Offered Fields

The list of offered fields is as follows:-

  • Environment Sustainability
  • Natural Resource Management
  • Renewable Energy
  • Carbon Neutrality
  • Circular Economy
  • Application of Technology in the Social Sector, including Robotics and Drones

Schaeffler India Social Innovator Fellowship Coverage

This fellowship may cover:-

  • Fellowship Grant
  • Mentorship Support

24-Week Mentorship Program

Winning fellows will receive grants and a special 24-week mentorship at IIM Ahmedabad’s Centre for Innovation Incubation & Entrepreneurship. This mentorship will assist them in refining and expanding their ideas. They will also gain access to Schaeffler India’s network and partners. Being part of a community of peers will encourage teamwork and growth.

Schaeffler India Social Innovator Fellowship Selection Process

The selection of innovators will be carried out based on the selection process. The selection process will have several steps. These include reviews, phone interviews, video interviews with the Schaeffler India team, and a project pitch presentation to a panel of experts and leaders. They will evaluate candidates through these stages to choose the best ones.

Total No. of Fellowships

Only that number of beneficiaries will be able to get the fellowship grants or as well as mentorship support after getting selection which has been fixed in the form of a beneficiary target. A total of 10 fellowships will be disbursed this year so that the eligible beneficiaries will get fellowship amounts which mean around 10 innovators will get selection.

Schaeffler India’s Commitment to Innovation & Sustainability

Schaeffler India’s CEO, Mr Harsha Kadam, emphasizes the importance of equitable innovation in fostering inclusive growth. The company is dedicated to nurturing visionary individuals who aim to make a meaningful difference through their innovative solutions. As part of its ESG strategy, Schaeffler India seeks to drive positive transformations in society by supporting innovators in areas such as Renewable Energy, Natural Resource Management, and Circular Economy.

Schaeffler India’s Contribution to Sustainable Technology

Schaeffler India is a preferred technology partner in the fields of electric mobility, CO₂-efficient drives, digitalization, and renewable energies. The company’s products include a wide range of bearings, engine components, and hydraulic systems under various brands. Schaeffler India’s commitment to quality, innovation, and corporate social responsibility aligns with its global vision of contributing to mobility and industrial technology development in India.

Innovative Concepts’ Essential Criteria for Success

An innovative concept must not merely exist as an abstract idea or a mock-up; it must meet the following six imperative requirements:-

  • Precise Demographic Focus:- Clearly Define the Target Market or Audience.
  • Targeted Problem Solving:- Address a Identified Need, Problem, or Opportunity.
  • Scalability and Positive Social Impact:- Possess the Potential to Scale and Positively Impact a Large Audience.
  • Cost-Effective and Environmentally Friendly:- Be Economical and Sustainable, both Financially and Environmentally.
  • Profitability Potential:- Demonstrate Commercial Viability and Market Feasibility.
  • Prototyping Requirement:- Develop a Prototype to Validate the Concept’s Viability.

Promoting Innovation & Talent Development

Fellowships in the aforementioned fields nurture and recognize innovators’ potential. They serve as a means to identify and support talented individuals with groundbreaking ideas in environmental sustainability, Renewable Energy, and more. This proactive approach encourages the pursuit of innovation, fostering a pool of skilled professionals who can drive progress in these critical sectors.

Solving Complex Environmental Challenges

Fellowships empower individuals to tackle pressing environmental issues. By offering support to innovators in areas like Carbon Neutrality and Natural Resource Management, we foster solutions that can address climate change, reduce carbon emissions, and ensure sustainable resource utilization. This aids in achieving environmental sustainability goals.

Accelerating Technological Advancements

Supporting technology-focused fellowships in fields like Robotics and Drones promotes technological innovation. These advancements have far-reaching applications, not only in the social sector but also in various industries. Innovators can create efficient and cost-effective solutions, contributing to economic growth and global competitiveness.

Enhancing Social Impact through Technology

Application of Technology in the Social Sector fellowships can address pressing social issues. Innovators in this space leverage technology to improve healthcare, education, and public services. By empowering such initiatives, we enhance the well-being of citizens and contribute to nation-building. With the help of technology, social impact will be enhanced.

Benefits of Schaeffler India Social Innovator Fellowship Program 2024 

The benefits of this fellowship are as follows:- 

  • This will help the selection body to identify and support talented individuals with groundbreaking ideas in various bodies. 
  • This proactive approach encourages the pursuit of innovation, fostering a pool of skilled professionals who can drive progress in these critical sectors.
  • This aids in achieving environmental sustainability goals.
  • Innovators can create efficient and cost-effective solutions.
  • This will help the government to contribute to economic growth and global competitiveness.
  • It can boost local economies and reduce energy-related costs.
  • Innovators in this space leverage technology to improve healthcare, education, and public services.
  • With the help of technology, social impact will get enhanced.

Features of Schaeffler India Social Innovator Fellowship Program 2024 

The features of this fellowship are as follows:- 

  • Schaeffler India Limited with the active support of Buddy4Study foundation has launched the Schaeffler India Social Innovator Fellowship Program.
  • This fellowship can be undertaken by the innovators possessing an age limit of 18 to 35 years. 
  • The offered fields will be Environment Sustainability, Natural Resource Management, Renewable Energy, Carbon Neutrality, Circular Economy, and Application of Technology in the Social Sector, including Robotics and Drones, etc.
  • Fellowship assistance of Rs. 1 Lakh will be provided to the selected innovators.
  • A total of 10 innovators will be given selection.
  • 24 weeks of hybrid mentorship support will be provided to the innovators. 
  • The last date to apply online will be updated soon.
  • For getting more information, one can visit the official website. 

Schaeffler India Social Innovator Fellowship Program Eligibility Criteria

The applicants will need to attain the below-mentioned points to apply online for this fellowship:- 

  • The applicant must be an Indian citizen.
  • He or she must possess the age limit of 18 to 35 years. 
  • This fellowship can also be undertaken by individuals, groups of individuals, organizations of profit or non-profit both across India. 

Important Documents 

Some of the important documents required to apply online for this fellowship are as follows:- 

  • Aadhar Card
  • Residence Certificate
  • Income Certificate 
  • Educational Certificates 
  • Bank Account Details 
  • Latest Passport Size Photos 
  • Mobile No
  • Email ID 

Schaeffler India Social Innovator Fellowship Program Apply Online 2024 

The applicants will need to follow the below-mentioned points to apply online for this fellowship:- 

Schaeffler India Social Innovator Fellowship Program Apply Online 
  • Now you will get land on the homepage.
  • Click on the Apply Now button.
Schaeffler India Social Innovator Fellowship Program Apply Online 
Schaeffler India Social Innovator Fellowship Program Apply Online 
  • The registration form will be displayed.
  • Fill out each asked detail. 
  • Now click on the Create New Account button.
  • Your Login ID will be created. 

To Do Login 

The applicants will need to follow the below-mentioned points to do login:- 

  • Go to the official website.
  • On the homepage, click on the Apply Now button.
To Do Login 
  • A new page will be displayed on the screen. 
  • The login form will be displayed.
  • Fill out login details. 
  • Click on the Log In button. 

Requesting New Password 

The applicants will need to attain the below-mentioned points to request new password:- 

  • Go to the official website. 
  • Now you will get land on the homepage.
  • Click on the Apply Now button.
Requesting New Password 
Requesting New Password 
  • A new page will be displayed.
  • Enter your Username or e-mail address.
  • Click on the e-mail New Password button.
  • The new password will be generated.

Contact Information

In case queries and questions come to your mind regarding the Schaeffler India Social Innovator Fellowship Program, then you may contact this mentioned contact No, & email ID:-

Frequently Asked Questions

1. What is the Schaeffler India Social Innovator Fellowship Program?

The Schaeffler India Social Innovator Fellowship Program is a unique initiative that aims to support and nurture social innovators in India. It provides a platform for individuals with innovative ideas to create sustainable solutions to social challenges in areas such as education, healthcare, environment, and more.

2. Who is eligible to apply for the Fellowship Program?

The Fellowship Program is open to Indian citizens who are passionate about driving positive change in society. Applicants should have a proven track record of implementing social initiatives and should be able to demonstrate the potential impact of their proposed project.

3. How long is the Fellowship Program?

The Fellowship Program is a one-year program that provides selected fellows with the necessary support and resources to develop and implement their social innovation projects. Fellows will receive mentorship, training, networking opportunities, and financial support to bring their ideas to life.

4. What kind of support can fellows expect to receive?

Fellows will receive comprehensive support throughout the program, including mentorship from industry experts, access to workshops and training sessions, networking opportunities with other social innovators, and financial support to implement their projects. They will also have the opportunity to collaborate with Schaeffler India employees and leverage the company’s expertise in technology and engineering.

5. How are fellows selected for the program?

The selection process for the Fellowship Program is rigorous and competitive. Applicants are evaluated based on the potential impact of their project, the feasibility of implementation, their leadership qualities, and their commitment to creating positive social change. Shortlisted candidates will be invited for an interview before the final selection is made.

6. Can individuals from any field apply for the Fellowship Program?

Yes, individuals from any field can apply for the Fellowship Program as long as their proposed project addresses a social challenge and has the potential for sustainable impact. The program encourages cross-disciplinary collaborations and welcomes applicants from diverse backgrounds.

7. Is the Fellowship Program a full-time commitment?

The Fellowship Program is designed to be flexible to accommodate the fellows’ existing commitments. While the program requires a significant time commitment, fellows are not required to leave their current jobs or studies. However, they should be able to dedicate sufficient time and effort to develop and implement their social innovation projects.

8. What happens after the completion of the Fellowship Program?

After the completion of the Fellowship Program, fellows will have the opportunity to showcase their projects and their impact. They will become part of the Schaeffler India Social Innovator Network, which provides ongoing support, networking opportunities, and access to resources to further scale and sustain their initiatives.

9. Can fellows continue to collaborate with Schaeffler India after the program?

Yes, fellows are encouraged to continue their collaboration with Schaeffler India even after the program ends. The company values long-term partnerships and aims to support the fellows in their journey towards creating sustainable social impact. Fellows can leverage the company’s expertise, resources, and network to further develop and scale their initiatives.

10. How can I apply for the Schaeffler India Social Innovator Fellowship Program?

To apply for the Fellowship Program, interested individuals can visit the official Schaeffler India website and follow the application guidelines provided. The application process typically includes submitting a detailed project proposal, a resume, and any supporting documents that showcase the applicant’s previous work in the social innovation space.

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