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School of Innovation & Entrepreneurship, IIT Madras

Fellowship · Recent IITM graduates

UG Founder-in-Residence

A funded year to build your startup full-time, right after graduation — no job offer required, no excuses needed.

Stipend

₹20,000/month

Duration

6 months, extendable to 1 year

Support

Accommodation, mentorship, Nirmaan resources

Eligibility

Recent IITM UG graduates, preferably Nirmaan pre-incubated

Starting a company while planning the rest of your life is hard. UG-FIR removes the financial and logistical constraints so recent graduates can pursue their venture with full focus.

Backed by the IITM alumni network and the Office of Alumni & Corporate Relations, fellows get a monthly stipend, campus accommodation, dedicated mentorship, targeted workshops and access to Nirmaan's infrastructure and the wider IITM innovation ecosystem.

Apply with your personal details and pitch deck when the cycle opens; results are typically announced in the first week of June.