Entrepreneur-in-Residence (EIR) to develop a prototype - Sensors at IIT Madras Pravartak Foundation

This program focuses on the stage before a company is incorporated. Pravartak will be seeding the entrepreneur with an innovative idea in Cyber-physical systems for a limited period and provide them with an opportunity to enhance an idea towards forming a prototype. The maximum period for EIR is one year. Pravartak will pay Rs.35000/- per month for maximum 12 months for development of prototype.

Objective This program aims to provide a platform for faster experimentation and novel approaches in idea-to-market transformation. This would enhance the quality and quantity of Pravartak’s vibrant, innovative ecosystem and is expected to prove its potential through a prototype or a pilot project. The vision of this program is to inspire the best talents and provide opportunities to create new startups.