Instituite of Venture Building in Chennai, Tamil Nadu, offers a range of scholarships to make its unique undergraduate entrepreneurship and technology programmes accessible. Both merit and need-based scholarships are available, along with limited seat-based or community/achievement-focused fee waivers. Students can reduce tuition through academic excellence, entrepreneurial promise, or specific eligibility categories, reinforcing the institute’s commitment to inclusive education and opportunity in venture creation.
Instituite of venture building Scholarships Overview
Scholarships at the Instituite of Venture Building are designed to support capable aspiring founders by reducing the financial burden of high-quality business and technology education. Most awards take the form of partial fee waivers, with typical reductions in tuition fees offered for strong academic performance or notable entrepreneurial intent at entry. Additional support may be available for students from economically weaker backgrounds, as well as select groups through institute-specific or limited-seat criteria.
Merit-based waivers (board/CUET/entrance scores)
Need/EWS-based support (income thresholds)
Category-based (domicile, single girl child, sports, defense wards, alumni)
Instituite of venture building Eligibility
Scholarship eligibility reflects the institute’s goal to reward talent and support need while ensuring broad access. Academic achievement is typically measured using board or entrance exam scores, such as a minimum of 75% in class 12th or corresponding percentile. Need-based criteria may require proof of family income below specific thresholds (e.g., INR 3–8 lakh per annum), while category-based awards have their own criteria, such as state domicile or documented sports participation at the district or national level.
Instituite of venture building Required Documents
Applicants for scholarships should prepare standard documentation to verify their eligibility across all categories.
10th and 12th mark sheets/certificates
Photo ID proof (Aadhaar, Passport, etc.)
Recent passport-size photographs
Income certificate (if applying for need-based scholarship)
Relevant award certificates (if applying under sports/other categories)
Instituite of venture building Application Process
Applications for scholarships are typically submitted alongside the main program admission forms, either online via the institute portal or in person at the admissions office. Deadlines are strict and usually coincide with course admission deadlines (often in June or July for the academic session). Applicants must ensure that all supporting documents are uploaded or submitted promptly; incomplete applications may not be considered.
Instituite of venture building Scholarship Details
The table below summarizes available scholarships, outlining eligibility and possible benefits. Actual award amounts and the number of recipients can vary yearly depending on applicant pool, verification, and institutional policy.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit-Based Fee Waiver | Class 12th score ≥ 85% or high entrance/group activity/interview performance | 10%–30% tuition fee waiver | Limited seats; awarded at admission based on merit rank |
Need-Based Scholarship (EWS) | Annual family income below INR 8 lakh; valid income certificate | 10%–50% tuition fee waiver | Subject to verification and documentary proof |
Entrepreneurial Promise Award | Exceptional business plan presented during selection; innovation/impact | One-time grant or fee reduction; typically 10%–20% | At discretion of scholarship committee; interview required |
Sports/Co-Curricular Achiever Waiver | State/district/national-level achievement; recent certificates | 5%–15% tuition fee waiver | Documented proof required |
Single Girl Child/Defense/Alumni Dependent | Specific supporting documents; varies by category | 5%–10% tuition fee waiver | Limited awards; quotas may apply |
Instituite of venture building Additional Notes
Continued eligibility for many scholarships may require maintaining a minimum CGPA (typically 6.5/10 or above), as well as good standing in terms of attendance and discipline. Fee waivers are generally non-combinable; students receive the higher-value scholarship if eligible for more than one. All awards are contingent upon document verification and may be capped per academic year per policy.