Cummins - Venture Center- grant & get up to Rs. 20 lakhs!! Deadline: 13 April .
- agrieventsindia
- 6 days ago
- 2 min read
About
unding Opportunity for Early Stage Startups!
Funding available for entrepreneurs working on environmental sustainability and climate change solutions through pilot trials /field testing/ technology implementation/ POC/prototyping efforts, and prototyping support in the domains of:
- Energy & Environment
- Energy efficiency
- Renewable/Alternative Energy
- hashtag#AirPollution
- Provisions for drinking water
- Waste to Value/waste management
- hashtag#Circulareconomy
- Biomass utilisation
- Carbon capture & utilisation
Apply for the Cummins CSR grant & get up to Rs. 20 lakhs!! Deadline: 13 April
Program
Project Duration: 6 months
This grant supports technology entrepreneurs and startups in conducting pilot trials, field testing, and technology implementation by providing funding and resources to validate and scale their innovations.
Monitoring and ReportingVenture Center shall constitute a Program Oversight Committee (POC) for selection of grantees and to oversee the implementation of the project.
The scope and extent of support to the grantee shall be decided on a case-to-case basis by POC. The Project Leader shall periodically review projects and report the progress to the POC.
Impact Metrics
Number of startups/entrepreneurs supported; creation of a community and a network.
Technologies being developed and commercialized, and their potential for impact. Metrics of business success including scale, products/services launched, turnover, investments raised.
Patents filed.
Follow on funding commitments raised by supported entities; Multiplier effect.
Number of people whose lives were impacted by products and services offered.
Jobs created by entrepreneurs/companies supported.
Total risk capital raised competitively by entities supported for technology innovation.
Eligibility
Applicants will be selected based upon the following criteria:
Soundness of the technology idea
Innovativeness of the idea and knowledge intensity
Strength of the team to deliver on technology and business goals
Value proposition of the customer offerings
Business model
Commercial potential
Scalability and potential for impact
Budget
Timeline requirements
Not eligible
Pure software development with no IP potential
Pure academic research
How to Apply
CALL OPEN : 25th March to 13th April 2025. APPLY NOW!
1. The maximum support that can be provided per project is up to Rs. 20 Lakhs
2. Duration of the project should be only up to 6 months.
3. Applicants are requested to go through the guidelines and eligibility criteria before applying.
4. All applicants will apply by filling the online application form and mailing the necessary documents.
5. Click on the following link to fill the online application form : https://forms.gle/CbqoGMBGmcqSJWmf9
Please visit official website for more and applying...
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