Schaeffler India Launches Social Innovation Fellowship 2026-27
Schaeffler India launches its Social Innovation Fellowship 2026-27 to empower social innovators. Applications are open from July 15 to August 31, 2026. Selected fellows will receive ₹2 Lakhs grant, mentorship, and industry exposure to scale solutions for social and environmental challenges.
This is a corporate social responsibility initiative and does not have a direct financial impact on the company's core business operations or stock performance.
The announcement details a positive corporate social responsibility initiative aimed at fostering innovation and addressing social challenges, which is generally viewed favorably.
Schaeffler India Limited has announced the launch of its Schaeffler India Social Innovation Fellowship for the 2026-27 cohort. This initiative aims to recognize and empower individuals developing innovative and sustainable solutions for social and environmental challenges in India. The program, now in its fifth year, focuses on supporting 10 high-potential social innovators, particularly entrepreneurs from Tier II, Tier III, and rural areas.
The fellowship offers financial grants, structured mentorship, industry exposure, and access to innovation ecosystems. Delivered by IIMA Ventures at IIM Ahmedabad, the 24-week program equips fellows with business, impact, and investor readiness capabilities.
Mr. Harsha Kadam, Managing Director and CEO of Schaeffler India Limited, stated that the fellowship is a platform to nurture purpose-driven innovators and transform their ideas into scalable solutions for pressing development challenges.
Since its inception in 2021, the fellowship has supported over 41 social innovators. Applications for the 2026-27 cohort are open from July 15, 2026, to August 31, 2026. The program targets individuals and organizations aged 18-35 working on solutions in healthcare, agriculture, education, sanitation, clean energy, livelihoods, manufacturing safety, mobility, environment, and sustainability. Selected startups will receive a fellowship grant of ₹2 Lakhs each, along with mentorship and networking opportunities.
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