Cummins India Foundation’s CSR Grant for Projects addressing Social Needs
Deadline: 30-Aug-21
Venture Center and Cummins India Foundation have teamed up to support entrepreneurs / start ups working on technologies in energy and environment domain and generating potential social impact.
Objectives
To support technology incubation and technology entrepreneurs associated with Venture Center, an incubator approved by the Central Government (DST-NSTEDB and DBT – BIRAC of Ministry of Science and Technology).
Promote application of modern/advanced technologies to socio-economic problem solving
Focus Areas
The areas which will be considered for grant are called as key focus areas and are listed down as follows:
Energy & Environment
Energy efficiency
Renewable energy
Air pollution
Provisions for drinking water
Waste management
Alternative Energy
Environment Clean tech
Biomass utilization etc
Preference
There shall be no restriction on the background of the entrepreneur. However, preference may be given to:
Women entrepreneurs
Startups with validated technology addressing problems related to Energy and Environment
Social enterprises
Any other criteria suggested by the Project Oversight Committee (POC)
Benefits and Funding Information
The maximum support that can be provided per project is upto Rs. 5 lakhs
Duration of the project should be only upto 6 months.
Access to peer group of inventive startups
Focussed mentoring by domain experts
Access to high end facilities & follow on funding
Eligible Projects
Nature of projects supported
Eligible
The project needs to define a technology solution to a well-defined problem
The technology should be innovative/ novel
Project should be focused on implementing a technology / conducting pilot studies.
Not eligible
Pure software development with no IP potential
Pure academic research
Eligibility Criteria
Eligibility of Applicants and Project Leaders for projects
Every project proposal will need to identify a Project Leader and an Applicant/ Grantee
The Project Leader (PL) will be an individual who will take responsibility for executing the project.
The Applicant or Grantee can be either of the following:
Case 1: Applicant is an individual
Case 2: Applicant is a company
PL has to be an individual (one person).
PL is required to be at least 18 years of age as on the date of call for applications.
PL is required to be Indian Citizen. An Indian citizen is defined as one who is in possession of a government approved proof of nationality such as a valid passport, voter’s id etc. Exceptional cases of foreign nationals with potential for impact in India will be considered.
PL has to pursue the project or startup full time with no other concurrent commitments during the project duration.
PL cannot be pursuing a long-term academic/research project (like doctoral students) with significant obligations during the project duration.
PL must have completed basic undergraduate training in natural sciences/engineering/ medicine. Essential qualification is PhD/ MTech/ BTech/ BPharm /MD/ MBBS/ BDS/ MSc / MPhil/ M Des/ MPH /MBA / MSW and equivalents, with under- graduate training in Science, Medicine, Engineering. Applicants with a BSc degree with at least 1 year of full-time work or research experience shall also be eligible
If Applicant is a company, the Company/LLP should be registered under the Indian Companies Act, 1956/2013
The company should be owned by resident Indian citizens i.e. minimum 51% of the capital is beneficially owned by resident Indian citizen(s) and / or Indian companies, which are ultimately owned and controlled by resident Indian citizens
For more information, visit https://www.venturecenter.co.in/csr/cummins/