BOSCH - BMU Innovation Challenge — Frequently Asked Questions
Answers to the questions founders most often ask about BOSCH - BMU Innovation Challenge — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the BOSCH – BMU Innovation Challenge?
It's a corporate innovation competition by ACIC-BMU Foundation and Bosch India to identify innovators and foster solutions in sustainable mobility, focusing on specific problem statements.
Who is eligible to apply for the challenge?
The challenge is open to students, working professionals, self-employed individuals, full-time innovators, and startups (incorporated or pre-incorporation) from both India and internationally. All educational qualifications, startup stages (Ideation to Scaling), and Technology Readiness Levels (TRL 1-9) are welcome.
Is there any funding involved, and is it equity-free?
Yes, selected innovators and startups will receive potential grant/prize support. The program is explicitly equity-free and non-repayable.
What kind of support do participants receive?
Participants gain access to Bosch's mentorship network and technical expertise, incubation support from ACIC-BMU Foundation, exposure to Bosch India's R&D ecosystem, and networking opportunities with industry experts and investors, culminating in a demo day.
Is there a deadline for applications?
No fixed deadline is visible; applications are accepted on a rolling basis.
How do I apply for the challenge?
Select one problem statement and fill out the online application form at https://acicbmu.accubate.app/ext/form/18641/1/apply. Submit your elevator pitch, societal impact, competitor analysis, IP status, funding history, and expectations. Upload a pitch deck covering the problem, solution, innovation, business model, competition, and team details. Also upload supporting documents like gap identification research, and optionally a Certificate of Incorporation, DPIIT Certificate, or IP Certificate. A separate application is needed for each problem statement.
What documents are typically required?
You need to submit an elevator pitch, pitch deck, gap identification research, and optionally a Certificate of Incorporation, DPIIT Certificate, or IP Certificate.
Is DPIIT recognition required for BOSCH - BMU Innovation Challenge?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for BOSCH - BMU Innovation Challenge, though having it can strengthen your application and unlock other benefits.
Who offers BOSCH - BMU Innovation Challenge?
BOSCH - BMU Innovation Challenge is offered by ACIC-BMU Foundation, an academic institution. It is provided as non-dilutive funding.