Scholarship Based on Innovation, Startup , Entrepreneurship & Hackathons

LPU offers a special scholarship scheme on performance in Innovation, Startup, Entrepreneurship & Hackathons.. This scholarship is offered to students who would like to continue their pursuit of creative minds. This scholarship is primarily meant to inspire students to follow their dreams.

  • Scholarship will be awarded to the students based on achievements in the previous two years.
  • Students will be selected on the basis of their achievements at the international/national level.
  • Final recommendation for the policy will be given by the selection committee.

Admission Criteria for awarding Innovation/ Start-up/ Entrepreneurship Scholarship (Table I)
Grade & Facilities Required Level of Achievement Affiliations
Grade A+
  1. 100% of program fee scholarship per academic session would be given subject to continuation achievement as per criteria attached below
Special Benefits:
  1. No Prospectus Fee
  2. No Examination Fee
  3. No LPU Nest Fee
International Achievement
{University Startup World Cup,
Citizen Entrepreneurship Competition,
Global Student Entrepreneur Awards,
Edison Awards,
Xylem Global Innovation Challenge,
Startup Wheel} or equivalent
IPR Granted International Level
For all the events mentioned the scholarship will be decided based upon the round cleared, qualification to finals or the final position achieved by the individual or team in the events mentioned or approved by the committee

(Code Jam – Top 25 places
Hash Code – Qualified for World Finals
Kick Start – Based on qualifying and clearing interview round with Google
ACM ICPC – Honorable Mention or above in the World Finals
FB Hacker Cup – Top 25 Finalist )
Event approved by Ministry
or
International Event in which minimum 5 countries participated
or
Hackathons (International), United nations all events, Google – Code Jam, Google – Hash Code, Google – Kick start, ACM ICPC, FB HackerCup, SnackDown, Yandex.Algorithm, Top Coder Open, VK Cup or equivalent subjected to recommendation from Committee.
Grade A
Scholarship on Programme Fee equivalent to Bracket I in elig. Qualification 
Special Benefits:
  1. No Prospectus Fee
  2. No Examination Fee
  3. No LPU Nest Fee
National Award Winner
{National Technology Start-up Award (DST),
Innovation for India Awards (Startup India),
Women Startup Award (FICCI),
Global Student Entrepreneur Awards (National)} or equivalent
IPR Granted National Level

For all the events mentioned the scholarship will be decided based upon the round cleared, qualification to finals or the final position achieved by the individual or team in the events mentioned or approved by the committee
Event approved by Start-up India/Central Ministry, GOI
or
“Z” category company event (DCS list)
Or
Hackathons (National), NASSCOM TechVista, Code Gladiators, Smart India Hackathon or equivalent subjected to recommendation from Committee.
Grade B
Scholarship on Programme Fee equivalent to Bracket II in elig. Qualification 
National Award Participation
{BZZwings (IIM Bangalore & NSRCEL),
UDHYAMI (IIT M)} or equivalent
IP Commercialised/Technology Transfer
For all the events mentioned the scholarship will be decided based upon the round cleared, qualification to finals or the final position achieved by the individual or team in the events mentioned or approved by the committee
Event approved by Start-up India/Central Ministry, GOI
Or
TCS Codevita, Infosys HackwithInfy, Code Wizards, Geek Goddess, Smart India Hackathon or equivalent subjected to recommendation from Committee.
Or
“A” category company event (DCS list)
Grade C
Scholarship on Programme Fee equivalent to Bracket III in elig. Qualification
Zonal/State Award Winner
{Tech-Start-up Program (AICRA),
Bootcamp (Startup Punjab)} or equivalent
IPR Published
For all the events mentioned the scholarship will be decided based upon the round cleared, qualification to finals or the final position achieved by the individual or team in the events mentioned or approved by the committee
Event approved by Start-up India/State & Central Ministry, GOI
Or
IIT Roorkee Young Coders Hackathon, CodeWars 2021 or equivalent subjected to recommendation from Committee.
Or
“B & C” category company event (DCS list)

Sr. No International Event
Govt. organized Event Cash Award Non Government but Recognized events Cash Award
1 1st Rank 50K 1st Rank As per announcement separately every year before the ceremony
2 2nd Rank 25K 2nd Rank
3 3rd Rank 20K 3rd Rank
Sr. No National Event
Govt. organized Event Cash Award Non Government but Recognized events Cash Award
1 1st Rank 20K 1st Rank As per announcement separately every year before the ceremony
2 2nd Rank 15K 2nd Rank
3 3rd Rank 10K 3rd Rank
Sr. No State/ Zonal Level
Govt. organized Event Cash Award Non Government but Recognized events Cash Award
1 1st Rank 10K 1st Rank As per announcement separately every year before the ceremony
2 2nd Rank 5K 2nd Rank
3 3rd Rank 3K 3rd Rank

Validity of Scholarship Policy:
The Scholarship Policy is valid for One Year only, continuation of Scholarship for the next session will be based on his/her scoring of 6 Marks out of 10 as per scholarship continuation criteria:

Marks Performance Criteria
4 Startup Launch (Annual Revenue of 50,000), International Achievement, SEED Fund
2 Prototype Development, Ministry of Corporate Affairs Registration
2 4 National Event Winner
2 DSW Activities                                                      

Academic Benefits to Innovator/ Entrepreneurs & Hackathons
Academic benefits to be provided to students based on their achievements:

  • 20% Bonus Marks in Overall Marks.
  • MTE & ETE proration with each other considering the highest marks in case the student has missed an exam due to a university-approved event.
  • In case a student misses ETP due to participation in some university-approved event then he would get one free Re- Appear chance.
  • Duty Leave a maximum of 3 weeks for competition preparation for events approved by the Division of Start-up Innovation and Entrepreneurship.
  • Duty Leave for all competition days approved by the Student Welfare Wing.
    Note:
  • Student should be provided Academic benefits as per the above-mentioned table in each subject over & above he/ she actual marks obtained in ETE.
  • Highest achievement will be considered for Academic Benefit.
  • Marks obtained + Academic Benefits must not be above 100%.

    Cash Prize (Honouring Ceremony):
  • Cash Awards will be given only to the winners of those games, which are included in the International Achievement Award or National Achievement Award or equivalent list.
  • The amount of Cash awards will be announced separately every year before the ceremony.
Annexure

Click here to view list of programmes applicable for Innovation, Startup, Entrepreneurship & Hackathons.