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R.K. Lagu Fellowships - Technology Immersion

3-6 years

Guwahati, Mumbai, Pune

1 vacancy

R.K. Lagu Fellowships - Technology Immersion

Venture Center

posted 4d ago

Job Description

Role:
Rajendra Lagu Fellowships for Technology Immersion
- A prestigious fellowship program of the Venture Center -
Highlights:
  • For whom: Current or recent students of engineering and technology
  • Project: Sharply focused technology projects; Part of the project needs to involve developing a commercialization/ business plan
  • Project duration: Minimum 2 months
  • Host: Project needs to be one offered by a start-up/entrepreneur in the Venture Center innovation ecosystem or POC Project Manager at Venture Center
  • Training: The project shall begin with a short training by Venture Center mentors on technology development and commercialization.
  • Stipend: Venture Center shall provide a subsistence stipend for the fellows. Venture Center shall fund a hot desk on our campus for the fellows.
  • Certificate: All fellows who complete the program successfully will get a Certificate of Award and Completion.
  • Number of fellowships per year: 3 max
  • Launched: 16 March 2015
In Memory of
Dr Rajendra Lagu
  • Late Member of Board of Directors of Venture Center
  • Founding member, SINE at IIT-B
  • Founding member, ISBA
  • Engineer, Innovation/ Incubation Expert.
Objectives:
  • To allow young engineering students to work on a technology development project in a research environment and learn/ explore avenues for taking technology to the market. To provide an opportunity for students to work closely with a technology entrepreneur.
  • To support and encourage technology development and commercialization efforts by start-ups and entrepreneurs in the innovation ecosystem of Venture Center.
  • To help young engineers explore and experiment with career opportunities in technology startups.
Eligibility criteria:
  • For the applicant:
    • Current undergraduate student or student recently finishing undergraduate studies in engineering/technology
    • Applicants with strong interest in technology. Track record and previous experience tinkering with technology, building prototypes, conceptualizing solutions to problems will be a plus.
    • Students showing evidence of leadership and resourcefulness will be given preference.
  • For the type of project:
    • The larger project has to be focused on technology development/ advancement or prototype development or proof-of-concept establishment/ validation.
    • The student project can be a part of the larger project.
    • Typical projects will have one or more of the following components: a) a problem/ need, b) a proposed solution, c) a strategy to demonstrate that the solution works, d) activities to advance the technology towards commercialization.
    • The project needs to core to a start-up in the Venture center s innovation ecosystem or help create a new start-up.
  • For the host and technical mentor:
    • The host/technical mentor for the project needs to be an entrepreneur in Venture Center s innovation ecosystem and network. The POC Project Manager at Venture Center shall also qualify for initiating such proposals/ applications.
    • The host/technical mentor needs to have adequate facilities and research funding to support other costs and resource needs of the project.
Benefits for the applicant:
  • Experiential learning opportunity in internship mode with an experienced technical mentor
  • Short training sessions on Venture Center s concepts and framework for technology development and commercialization
  • Certificate of Award and Completion from the Venture Center for receiving and completing the Rajendra Lagu Fellowship.
  • Subsistence stipend for the fellows
Benefits for the host/technical mentor:
  • Opportunity to engage young and energetic engineers/engineering students on exploring and developing the technology development and commercialization case. Opportunity to zoom-out and explore the larger picture.
  • Opportunity to identify young people who might be interested in taking the technology ahead as entrepreneurs.
  • Overhead support for the fellow

Employment Type: Full Time, Permanent

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