FundingUp to Rs. 41.75 lakh
Equity-free MVP / Prototype
ClosesJun 25, 2026
Closed Grant Equity-free
Entrepreneur-in-Residence (EiR) on Social Innovation at IPTIF
by IIT Palakkad Technology IHub Foundation (IPTIF)
The Entrepreneur-in-Residence (EiR) on Social Innovation is a unique, intensive 12-month fellowship program designed to empower early-stage founders and innovators creating transformative, technology-enabled solutions for Tier 3/4 cities, rural areas, and underserved communities. This initiative is a partnership between IIT Palakkad Technology IHub Foundation (IPTIF) and Buimerc India Foundation. Fellows receive a dual benefit package: a monthly fellowship stipend to support their commitment
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
About this scheme
The Entrepreneur-in-Residence (EiR) on Social Innovation is a unique, intensive 12-month fellowship program designed to empower early-stage founders and innovators creating transformative, technology-enabled solutions for Tier 3/4 cities, rural areas, and underserved communities. This initiative is a partnership between IIT Palakkad Technology IHub Foundation (IPTIF) and Buimerc India Foundation.
Fellows receive a dual benefit package: a monthly fellowship stipend to support their commitment and a prototyping grant of Rs. 2.5 Lakhs. The program provides hands-on support, expert mentorship, access to cutting-edge prototyping facilities, and crucial connections with investors and partners to accelerate the venture's journey from concept to sustainable social impact.
Who can apply
- Must be 21+ years old.
- Must be a researcher, professional, or social innovator with a strong commitment to developing technology-enabled social solutions.
- Startups must be less than 1 year old, legally registered under any form (Private Limited, LLP, Partnership, or NGO/Social Enterprise).
- Must be at the early stage (Idea or Proof-of-Concept) without significant revenues or institutional funding.
- Must be founder-led and actively working on the proposed innovation.
- Must align with focus areas (Health, Education, Environment/Climate, Agriculture/Rural livelihoods, Assistive/Gender-Inclusive Technologies, etc.).
- Must demonstrate a clear social problem addressed, with emphasis on inclusivity and benefit to underserved communities.
- Solution must leverage or plan to integrate technology (IoT, AI, automation, low-cost engineering, digital tools, etc.) as a differentiator.
- Must commit to the 12-month program cycle including mentoring, workshops, and demo events (Residency Commitment).
- Should not be enrolled in another full-time incubation/acceleration program during the EiR period (unless formally approved).
- Must not have received any other funding for the same project.
Official application
Ready to apply? Get the official link
Applications are submitted directly with IIT Palakkad Technology IHub Foundation (IPTIF), in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with IIT Palakkad Technology IHub Foundation (IPTIF). Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does Entrepreneur-in-Residence (EiR) on Social Innovation at IPTIF provide?
Entrepreneur-in-Residence (EiR) on Social Innovation at IPTIF provides up to Rs. 2.5 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is Entrepreneur-in-Residence (EiR) on Social Innovation at IPTIF currently accepting applications?
Closed on Oct 20, 2025. Always confirm the current window with the program authority before preparing your application.
Does Entrepreneur-in-Residence (EiR) on Social Innovation at IPTIF take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
Important disclaimer
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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