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Funding & Scholarships

Funding and Grants at CIE: Fueling Student Innovation

The Centre for Innovation and Entrepreneurship (CIE) at PES University supports students and startups with funding, tools and mentorship to turn ideas into impact. Explore opportunities, resources and application guidance below.

Funding Opportunities

The Centre for Innovation and Entrepreneurship (CIE) at PES University empowers students and startups with funding, access to tools, and mentorship to turn ideas into impact. Below are flagship programs, ongoing resources, and guidance to help you apply.

How to Stay Informed

Subscribe to the CIE newsletter, follow CIE on LinkedIn/Instagram, or email cieprogram@pes.edu for tailored guidance.

Cisco-Nasscom thingQbator

Cisco & NASSCOM Foundation

Up to ₹5,00,000

A CSR-backed program that enables students to build scalable solutions using IoT, AR, ML and AI, with seed funding, tooling and mentorship from industry experts.

  • Eligibility: Undergraduate and postgraduate students from partner universities
  • Requirements: Project proposal, Prototype demo, Team details, Mentor endorsement
  • Apply: Email cieprogram@pes.edu with a project proposal; shortlisted teams pitch to industry panels.

MathWorks Program

MathWorks (Campus License)

N/A (software access)

Campus-wide access to MATLAB & Simulink and add-ons for prototyping, research and competitions, plus training resources and competition opportunities.

  • Eligibility: All PES University students and faculty can apply for access
  • Requirements: PES University email to register with MathWorks
  • Apply: Create a MathWorks account using PES University email or contact CIE for assistance.

PESU Venture Labs

PESU Venture Labs

Up to $200,000

A deep-tech micro-fund that supports pre-prototype and early-stage startups with significant financial and mentorship resources.

  • Eligibility: Student teams with deep-tech or high-impact ideas
  • Requirements: Detailed proposal, Technical validation, Team credentials, Go-to-market plan
  • Apply: Submit a proposal to cieprogram@pes.edu; proposals are evaluated by an expert panel.

Co-Innovation Center (CiC - IHFC & PESU)

CiC / IHFC

Project-dependent

Structured incubation supporting prototype development, IP registration and startup formation with technical and commercial mentorship.

  • Eligibility: Students from Tier 1/2/3 universities with robotics, AI, IoT projects
  • Requirements: Techno-commercial proposal, Academic credentials, Prototype/plan
  • Apply: Email cieprogram@pes.edu; shortlisted candidates may be invited to pitch.

Harman International — Sponsored Projects

Harman International

Varies (project-dependent)

Potential funding or sponsorship for projects aligned with automotive and consumer electronics, leveraging Harman’s technical expertise and industry channels.

  • Eligibility: PES University students with projects in automotive tech, IoT, or related fields
  • Requirements: Project summary, Technical plan, Team credentials
  • Apply: Details announced via CIE; contact cieprogram@pes.edu for updates.

Hackathons & Competitions

Various Organizers

Prizes/Sponsorships (varies)

Hackathons and competitions (e.g.,Smart India Hackathon, Hult Prize, CIE Decypher) provide prize money, recognition and pathways to external accelerators.

  • Eligibility: Program dependent
  • Requirements: Project/Prototype pitch based on event
  • Apply: Email cieprogram@pes.edu; prepare a project pitch or prototype.

External Incubators & Accelerators

GDC-IITM (I-NCUBATE), Microsoft WISE, etc.

Varies (typically grants or seed support)

External incubators like GDC-IIT Madras (I-NCUBATE) and Microsoft WISE offer funding, mentorship and go-to-market support to promising teams.

  • Eligibility: Market-ready or validated ideas; some programs target specific groups (e.g., women developers)
  • Requirements: Pitch deck, Validation evidence, Team details
  • Apply: Applications announced via CIE; typically submit a proposal or apply on the partner portal.

Ready to Fund Your Dreams?

Start your application today and take the first step towards realizing your potential