Schaeffler India Social Innovator Fellowship Program 2023

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

Schaeffler India Limited with the active support of Buddy4Study foundation has launched the Schaeffler India Social Innovator Fellowship Program so that the selected fellows will be able to receive fellowship amount of Rs. 1 lakh in the form of financial help and support. The fellows will need to apply online for this fellowship before the last date. 

Through this article, we will provide you with all types of information about the Schaeffler India Social Innovator Fellowship Program 2023 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share with you the process to apply online for this fellowship. To get complete information about this fellowship, read this article till the end.

Schaeffler India Social Innovator Fellowship Program 

Fellowship grant of Rs. 1,00,000/- along with the mentorship support will be provided or awarded to the students who are going to apply online for Schaeffler India Social Innovator Fellowship Program. This fellowship will provide various fields to join such as Environment Sustainability, Natural Resource Management, Renewable Energy, Carbon Neutrality, Circular Economy, and Application of Technology in the Social Sector, including Robotics and Drones, etc. 

Now the students belonging to the age limit of 18 to 35 years will be able to carry out a fellowship program under the Schaeffler India Social Innovator Fellowship Program. This will assist them with a fellowship grant of Rs. 1 Lakh. A total of 10 innovators will be selected for this fellowship. The fresh registration will starts on 10th August 2023.

Highlights Of Schaeffler India Social Innovator Fellowship Program 

The highlights of this fellowship are as follows:- 

Objectives Of Schaeffler India Social Innovator Fellowship Program 

The major objective of 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:- 

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:- 

Offered Fields

The list of offered fields are 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 on the basis of 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 Clearly 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 Environment 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 get enhanced.

Benefits of Schaeffler India Social Innovator Fellowship Program 

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 

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 10th September 2023.
• 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 the 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 

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

• Visit and open the Official Website.

• Now you will get land on the homepage.
• Click on the Apply Now button.

• A new page will get displayed on the screen. 
• Click on the Create New Account link.

• The registration form will get displayed.
• Fill out each asked detail. 
• Now click on the Create New Account button.
• Your Login ID will get 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.

• A new page will get displayed on the screen. 
• The login form will get 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.

• A new page will get displayed. 
• Click on the Request New Password.

• A new page will get displayed.
• Enter your Username or e-mail address.
• Click on the e-mail New Password button.
• The new password will get generated.

Contact Information

In case of 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:-

• Contact No:– 011-430-92248 (Ext- 132)
• Email ID:– schaeffler@buddy4study.com