Hero Sambhav
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Hero MotoCorp Innovation Cell

Application Details

Application for
Hero Sambhav
Last date
12 Dec 2024 12:00 am IST
About

"Hero Sambhav" is designed for immediate family members of the Hero MotoCorp employees.


The program will offer -

Support , knowledge and access to infrastructure for developing their idea into working prototype that is validated and tested

Financial grants to select startup ideas based on stage and progress

Mentorship to the participants having the potential to start their venture

 

Applicant Pool :  HMCL employee's immediate family members which includes - 

Spouse

Parents (Self and spouse’s)

Children

Siblings (of Age 18-35)

 

Please note - Candidate must be

Indian citizen, residing in India

Minimum of 18 years on age

 

Structure of the Program

This is a 12 week program in hybrid mode

Select ideas will get additional support for market entry and commercialization of the product

 

Application Criteria : The program is sector agnostic. Ideas should meet at least 2 of the below criteria - 

Innovation : New idea, process, or product, or a change to an existing product or process

Tech enabled ideas : Products, or services that leverage technology to enhance or transform traditional processes, create new opportunities, or solve problems where technology is a key enabler or driver of the idea

Creating an impact (Economic/Social Impact) : The ideas that have the potential to create an impact in Economic and Social form

Solution with an ability to scale : Ideas that have the potential to scale through different strategies of Market Demand and Scalability.


For more details , please read Frequently Asked Questions in the next section.

Supporting Documents
  • FAQ_Hero Sambhav.pdf

Timeline

  • Cohort Start Date

  • Application Start Date

  • Application End Date

  • Evaluation Start Date

  • Evaluation End Date

Target

Immediate family members of employees

Objective

•To foster and promote entrepreneurship within the larger Ecosystem of Hero MotoCorp  •To inculcate and promote the culture of innovation with Hero Employee’s extended Family •To Create an alternative or additional source on income Hero Employee’s extended Family •Building Viksit Bharat Contributing to the national growth story

Eligibility

Immediate family members include  ●Spouse ●Parents (Self and spouse’s) ●Children (of Age 18-35) ●Siblings  Theme for the Cohort 1 will be sector agnostic. Ideas should meet at least 2 of the below criteria - ●Innovation : new idea, process, or product, or a change to an existing product or process. Or the product or service that affects the market by making it more affordable and/or accessible, so that it will be available to a much larger audience. ●Tech enabled ideas : Products, or services that leverage technology to enhance or transform traditional processes, create new opportunities, or solve problems where technology is a key enabler or driver of the idea, making it more efficient, scalable, or accessible compared to conventional methods. ●Creating an impact (Economic/Social Impact) : The ideas that have the potential to create an impact in Economic and Social form like Job Creation, Economic Growth, Social Innovation by addressing social challenges , Community Engagement and Empowerment. ●Solution with an ability to scale : Ideas that have the potential to scale through different strategies of Market Demand and Scalability, Technology and Infrastructure, Operational Efficiency, Customer Acquisition and Retention, Adaptability and Innovation

Have questions?

Contact details
Rohan Sharma
rohan.sharma@heromotocorp.com