,

How to Apply for Seed Fund Incubator at Indian Institute of Management Kozhikode

IIM Kozhikode

Introduction

In India’s vibrant startup ecosystem, the role of academic incubators has been instrumental in shaping the next wave of innovators. Among these, the IIM Kozhikode LIVE (Laboratory for Innovation Venturing and Entrepreneurship) stands tall as one of the country’s most forward-thinking incubation centers.

Created under the aegis of the Indian Institute of Management Kozhikode (IIMK), this incubator combines academic excellence, research insights, and market-driven mentoring to foster high-impact entrepreneurship.

Recognized under the Startup India Seed Fund Scheme (SISFS), IIMK LIVE offers early-stage funding and structured support to startups in diverse domains such as technology, sustainability, social innovation, AI, and deep tech.

This article provides a comprehensive guide on how to apply for the Seed Fund Incubator at IIM Kozhikode LIVE, including eligibility, funding structure, benefits, and insider tips to help your application stand out.

1. About IIM Kozhikode LIVE

IIMK LIVE was established in 2016 as a not-for-profit Section 8 company to promote innovation and entrepreneurship both within and beyond the IIM community.

Its mission is to create an ecosystem where entrepreneurs can transform bold ideas into scalable businesses through a blend of mentoring, networking, research, and funding support.

Supported by DST, Government of India, and accredited by Startup India, LIVE has supported over 100+ startups, mentored hundreds of founders, and facilitated funding through government grants and private investors.

LIVE works on four pillars:

  • Incubation & Mentorship

  • Seed Funding & Grants

  • Innovation & Research Collaboration

  • Entrepreneurship Development & Training

Through the Startup India Seed Fund Scheme (SISFS), IIMK LIVE provides financial support for early-stage startups to validate ideas, build prototypes, and enter markets confidently.

2. Understanding the Seed Fund Program

The Startup India Seed Fund Scheme empowers startups that are in the ideation, prototype, or early-market stages.

At IIMK LIVE, the seed fund program supports founders who are building solutions with strong innovation potential, commercial viability, and scalable models.

Funding Support Categories:

  1. Prototype Development / Product Validation:

    • Grant support of up to ₹20 lakhs for proof of concept, MVP, and testing.

  2. Market Entry / Commercialization:

    • Debt or convertible debentures of up to ₹50 lakhs for scaling and commercialization.

The funds are disbursed based on milestone-based progress tracking and performance evaluation by the Seed Fund Management Committee (SFMC).

3. Eligibility Criteria

To apply for seed funding at IIMK LIVE, startups must fulfill the following requirements:

Basic Eligibility (as per SISFS):

  • Must be recognized by DPIIT under Startup India.

  • Incorporated as a Private Limited Company, LLP, or Registered Partnership.

  • Startup should be less than 10 years old from the date of incorporation.

  • Annual turnover should not exceed ₹100 crores in any financial year.

  • Should not have received more than ₹10 lakhs from any other government seed fund.

Additional Eligibility (specific to IIMK LIVE):

  • Should have a clearly defined problem statement and an innovative, technology-led solution.

  • Founding team should demonstrate domain expertise and commitment.

  • Preference is given to startups in sectors like:

    • Artificial Intelligence & Machine Learning

    • FinTech & EdTech

    • Sustainability & CleanTech

    • Healthcare & Biotechnology

    • Social Impact Ventures

    • Digital Transformation & Rural Tech

4. Step-by-Step Application Process

Applying for the IIMK LIVE Seed Fund is a transparent and structured process.

Step 1: Register Your Startup

Register on the Startup India portal and obtain a valid DPIIT certificate.

Step 2: Apply via SISFS Portal

Visit the Startup India Seed Fund Scheme portal, choose IIMK LIVE as your preferred incubator, and start the application.

Step 3: Prepare Your Proposal

You’ll be required to provide:

  • Company and founder details

  • Description of the product/service

  • Innovation and uniqueness

  • Market potential and target customers

  • Revenue model

  • Financial projections

  • Utilization plan for seed funding

Step 4: Screening & Shortlisting

Applications undergo screening by LIVE’s internal evaluation team to shortlist promising ventures.

Step 5: Pitch Presentation

Shortlisted startups present to the Seed Fund Management Committee (SFMC) consisting of investors, mentors, and domain experts.

Step 6: Due Diligence & Selection

Finalists go through due diligence covering legal, technical, and financial aspects.

Step 7: Funding & Incubation

Selected startups are onboarded to LIVE’s incubation ecosystem and receive seed funding in milestones tied to performance.

5. Benefits of Joining IIMK LIVE

Joining IIM Kozhikode LIVE offers unparalleled advantages to startups seeking to build a solid foundation.

Key Benefits Include:

  • 💰 Seed Funding: Access up to ₹70 lakhs under SISFS.

  • 🧭 Structured Mentorship: Guidance from IIMK faculty, entrepreneurs, and industry veterans.

  • 🧠 Knowledge Access: Use of IIMK’s vast research resources and management insights.

  • 🏢 Infrastructure: Access to co-working spaces, labs, and business support facilities.

  • 🌍 Networking: Connect with investors, corporates, and international partners.

  • 🎯 Capacity Building: Participate in workshops on business modeling, fundraising, and market entry strategies.

  • 🤝 Community Support: Become part of an elite network of innovators and leaders.

6. Notable Success Stories

Some of LIVE’s most successful incubatees have scaled nationally and globally, including:

  • Mindpax: A mental health AI startup that developed predictive wellness solutions.

  • FarmIT: An agri-tech venture revolutionizing smart farming using IoT.

  • Univest: A financial literacy startup that helps individuals manage investments efficiently.

  • SustainaTech: A green-tech initiative enabling companies to reduce their carbon footprint.

These success stories underline how LIVE’s ecosystem transforms early ideas into scalable businesses.

7. Tips for a Successful Application

  1. Highlight Your Innovation: Be specific about what makes your idea different.

  2. Market Validation: Back your idea with customer feedback or pilot results.

  3. Strong Business Model: Demonstrate revenue potential and sustainability.

  4. Team Strength: Show expertise and a clear division of responsibilities.

  5. Social Impact: If applicable, emphasize community or environmental benefits.

  6. Clear Utilization Plan: Explain how the funding will drive measurable growth.

8. Contact Information

IIM Kozhikode LIVE – Laboratory for Innovation Venturing and Entrepreneurship
Indian Institute of Management Kozhikode, Kerala – 673570
📧 Email: live@iimk.ac.in
🌐 Website: https://liveiimk.com
📞 Phone: +91-495-2809100

Conclusion

IIMK LIVE represents the spirit of innovation and entrepreneurship that India needs to scale globally.

By combining the intellectual rigor of IIM Kozhikode with the practical wisdom of successful founders, LIVE provides a 360° support system for startups to thrive.

From funding and mentorship to strategic networking — LIVE’s ecosystem enables early-stage ventures to grow sustainably and impactfully.

If you’re a founder ready to take your idea from prototype to profitability, the Seed Fund Incubator at IIM Kozhikode LIVE is your launchpad to success. 🚀

,

How to Apply for Seed Fund Incubator at WISE SNDTWU Incubation Centre

WISE SNDTWU

Introduction

The spirit of entrepreneurship knows no boundaries — and when it comes to empowering women innovators, the WISE SNDTWU Incubation Centre stands at the forefront.

Established by the Shreemati Nathibai Damodar Thackersey Women’s University (SNDTWU), one of India’s most prestigious institutions dedicated to women’s education, WISE (Women’s Incubation, Start-up, and Entrepreneurship Centre) provides a nurturing platform for women-led startups to innovate, grow, and scale.

Through its participation in the Startup India Seed Fund Scheme (SISFS), the incubator extends crucial early-stage financial support to women entrepreneurs who are transforming ideas into impactful ventures.

This article offers a complete guide on how to apply for the Seed Fund Incubator at WISE SNDTWU, covering the eligibility criteria, funding structure, benefits, and step-by-step application process.

1. About WISE SNDTWU Incubation Centre

The WISE SNDTWU Incubation Centre is an initiative of SNDT Women’s University, Mumbai, designed exclusively to empower women innovators, founders, and researchers.

Founded on the belief that economic independence and innovation are key to gender equality, the incubator aims to equip women entrepreneurs with the resources, mentorship, and funding needed to transform their ideas into sustainable ventures.

WISE stands for Women’s Incubation, Start-up, and Entrepreneurship, symbolizing the University’s legacy of academic excellence combined with entrepreneurial vision.

Through its Seed Fund and support programs, WISE offers:

  • Seed capital assistance under Startup India Seed Fund Scheme (SISFS)

  • Access to state-of-the-art research and prototyping facilities

  • Expert mentorship from seasoned women leaders and industry veterans

  • Networking opportunities with investors, corporates, and policymakers

The Centre primarily focuses on empowering first-time women founders, especially from non-metropolitan regions, to break barriers and contribute meaningfully to India’s innovation economy.

2. Understanding the Seed Fund Program

The Startup India Seed Fund Scheme (SISFS), launched by the Department for Promotion of Industry and Internal Trade (DPIIT), provides financial assistance to startups for validating ideas, developing prototypes, and entering markets.

WISE SNDTWU administers this scheme specifically to support women-led startups, offering them not just funding, but a full incubation ecosystem.

Funding Categories:

  1. Prototype Development / Product Validation:

    • Up to ₹20 lakhs (grant) for developing prototypes, testing, and initial validation.

  2. Market Entry / Commercialization:

    • Up to ₹50 lakhs (debt or convertible debentures) for scaling and commercialization.

These funds are disbursed in tranches based on milestones and are monitored by the incubator’s Seed Fund Management Committee (SFMC).

The goal is to help women founders overcome early-stage financial hurdles and transition from concept to commercialization with confidence.

3. Eligibility Criteria

To apply for the Seed Fund at WISE SNDTWU Incubation Centre, startups must meet both DPIIT and incubator-specific eligibility requirements:

General Eligibility (As per SISFS):

  • The startup must be recognized by DPIIT under Startup India.

  • It should be incorporated as a Private Limited Company, LLP, or Partnership Firm in India.

  • The startup should not be more than 10 years old from its date of incorporation.

  • The annual turnover should not exceed ₹100 crores in any financial year.

  • It should be working on a product or service that is innovative, scalable, and has market potential.

  • The startup should not have received more than ₹10 lakhs of monetary support from any other government seed fund.

WISE-Specific Eligibility (Women-Led Focus):

  • At least one woman co-founder must hold a minimum 51% equity in the startup.

  • Preference is given to startups led by women from Tier-II and Tier-III cities, or those addressing social impact, sustainability, and livelihood generation.

  • The startup must be in the prototype or early-market stage.

4. Step-by-Step Application Process

Applying for the Seed Fund at WISE SNDTWU is a transparent, merit-based process designed to identify truly promising women-led startups.

Step 1: DPIIT Recognition

Before applying, ensure your startup is registered on the Startup India portal and has a valid DPIIT recognition certificate.

Step 2: Apply via Startup India Seed Fund Portal

Visit the official Startup India Seed Fund Scheme portal and select WISE SNDTWU Incubation Centre as your preferred incubator.

Step 3: Fill in the Application Form

Provide detailed information about your startup:

  • Problem statement and solution

  • Market opportunity and customer segment

  • Founding team background

  • Prototype status and traction (if any)

  • Amount of seed fund required and utilization plan

Step 4: Screening & Evaluation

The WISE selection committee screens all applications to shortlist high-potential startups.

Step 5: Pitch Presentation

Shortlisted startups present their ideas to the Seed Fund Management Committee (SFMC). Evaluation is based on innovation, team strength, market scalability, and social impact.

Step 6: Due Diligence

Selected startups undergo technical and financial due diligence before final approval.

Step 7: Funding & Incubation

Once approved, startups receive funding in tranches tied to milestone achievements and gain access to the incubation ecosystem for continued mentorship and support.

5. Benefits of Joining WISE SNDTWU Incubation Centre

WISE SNDTWU offers an end-to-end support system to ensure women entrepreneurs succeed in every phase of their journey.

Key Benefits:

  1. Seed Funding:
    Financial aid up to ₹70 lakhs (grant + debt) to help startups scale.

  2. Dedicated Mentorship:
    Access to women leaders, startup coaches, and domain experts for personalized guidance.

  3. Infrastructure Access:
    Use of university facilities, labs, co-working spaces, and testing centers.

  4. Networking Opportunities:
    Exposure to investor networks, corporate collaborations, and trade events.

  5. Capacity Building Programs:
    Training sessions on business management, product design, marketing, and financial literacy.

  6. Social Impact Focus:
    Encouragement for women-led startups solving societal problems — from sustainable fashion to rural innovation.

  7. Community Support:
    Join a sisterhood of founders building solutions that uplift and inspire.

6. Focus Sectors

The WISE SNDTWU Incubation Centre supports innovation in diverse areas, including:

  • Sustainability & Green Technology

  • Fashion & Handicrafts

  • Healthcare & Wellness

  • Education & Skilling

  • Food Processing & Nutrition

  • Social Impact & Rural Entrepreneurship

  • Technology for Good

By focusing on both commercial and social innovation, WISE bridges the gap between creativity and economic empowerment.

7. Success Stories from WISE SNDTWU

Over the years, WISE has nurtured several women-led ventures that have made significant local and national impact.

🌿 EcoShe Innovates:

Started by two SNDT alumni, this startup developed biodegradable sanitary products for rural women — now serving over 50,000 beneficiaries.

💎 HandloomHeritage:

A social enterprise connecting women weavers from Maharashtra to global buyers through digital marketplaces.

🧁 BakeRight by Aarti:

A food-tech micro-venture that grew from a small kitchen to a nationwide home-baking franchise network, all incubated under WISE.

These examples reflect how the incubator helps women turn their passions into profitable and purpose-driven enterprises.

8. Tips to Strengthen Your Application

  1. Highlight Your Innovation:
    Clearly explain what sets your idea apart.

  2. Define Market Fit:
    Support your claims with real data — demand analysis, competitor overview, or user validation.

  3. Show Social or Economic Impact:
    Emphasize how your startup benefits women, communities, or the environment.

  4. Prepare a Clear Utilization Plan:
    Mention how you’ll use the funds across prototype, validation, and scaling phases.

  5. Leverage Your Team Strength:
    Highlight diverse skills and shared vision within your founding team.

  6. Keep Your Pitch Concise & Engaging:
    Use visuals, case studies, and testimonials to make your presentation memorable.

9. Contact Information

WISE SNDTWU Incubation Centre
Shreemati Nathibai Damodar Thackersey Women’s University
Churchgate, Mumbai – 400020, Maharashtra, India

📧 Email: wise@sndt.ac.in
📞 Phone: +91-22-2203 1879
🌐 Website: www.sndt.ac.in

Conclusion

The WISE SNDTWU Incubation Centre is not just a seed fund incubator — it’s a movement to empower women entrepreneurs to lead India’s innovation story.

Through its combination of funding, mentoring, and community building, WISE ensures that every woman with a dream has the tools and ecosystem to make it real.

For women founders across India — whether you’re building a social enterprise, a fashion label, or a tech startup — WISE SNDTWU is your platform to grow, learn, and lead.

Apply today and join a generation of women redefining success with purpose and power. 🌸

,

How to Apply for the Seed Fund Incubator at Innovation Mission Punjab

Innovation Mission Punjab

Introduction

India’s startup ecosystem has witnessed tremendous growth over the past decade, with a surge of innovative ideas emerging across sectors like technology, healthcare, agritech, fintech, and more. Despite the enthusiasm, one of the biggest hurdles that early-stage startups face is securing adequate funding to transform their innovative ideas into market-ready products. Recognizing this need, Innovation Mission Punjab (IMPunjab) has stepped forward as a dedicated government initiative aimed at fostering a robust startup ecosystem within the state.

IMPunjab is a part of the government’s broader efforts to promote entrepreneurship, create employment opportunities, and ensure that innovative ideas find the financial and infrastructural support they need to scale. Through various programs and funding opportunities, IMPunjab supports early-stage startups in high-impact sectors, including drone technology, cybersecurity, manufacturing engineering, artificial intelligence, and more.

One of the flagship offerings under IMPunjab is the Startup India Seed Fund Scheme (SISFS), which provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. By collaborating with recognized incubators in the state, IMPunjab ensures that startups receive both financial and mentorship support, helping them transition from early-stage ventures into successful, scalable businesses.

This article provides a comprehensive guide on how to apply for seed funding at Innovation Mission Punjab, including eligibility criteria, application steps, benefits, success stories, and tips to increase your chances of selection.

1. Understanding the Seed Fund Programs

Innovation Mission Punjab has designed its seed fund programs with the goal of supporting startups across the early stages of their journey. The funding is structured to address the specific needs of startups at different phases of product development and commercialization.

a. Grant Funding

Under the SISFS, startups can apply for a grant of up to ₹20 lakhs. This grant is specifically intended for:

  • Proof of concept development

  • Prototype creation

  • Initial product trials

This grant is non-dilutive, meaning startups do not have to give away equity in return for the financial support. The focus of this funding is to enable startups to validate their ideas, test their technology, and gain insights into market feasibility without the pressure of immediate revenue generation.

b. Debt Funding

In addition to grants, IMPunjab also provides debt funding of up to ₹50 lakhs to startups that are ready for market entry or looking to scale their operations. This funding option is particularly useful for startups that have a validated product and are seeking capital to expand their reach, strengthen operational capabilities, or commercialize their offerings.

c. Role of Recognized Incubators

To ensure effective fund distribution and support, IMPunjab disburses funds through recognized incubators in Punjab. For example, the Chitkara Innovation Incubation Foundation (CIIF) is an approved incubator that acts as an intermediary between startups and the seed fund. Incubators provide mentorship, technical guidance, and strategic advice in addition to assisting startups with the application process. This structure ensures that the funds are used effectively to maximize the startup’s growth potential.

2. Eligibility Criteria

To successfully apply for seed funding at IMPunjab, startups must meet specific eligibility requirements. These criteria ensure that the funding reaches innovative and high-potential ventures capable of scaling effectively.

a. DPIIT Recognition

Startups must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT). DPIIT recognition is a government standard that validates the startup’s credibility and ensures that it qualifies for various government schemes and funding initiatives.

b. Incorporation Status

Eligible startups must be legally registered as one of the following:

  • Private Limited Company

  • Limited Liability Partnership (LLP)

  • Registered Partnership Firm

This requirement ensures that startups operate within a legal framework and are able to enter into formal agreements for funding, mentorship, and collaboration.

c. Age of Startup

The startup should not be older than 10 years from the date of incorporation. This criterion ensures that the seed funding focuses on early-stage startups that require initial capital to establish themselves and scale operations.

d. Annual Turnover

Startups applying for the seed fund should have an annual turnover not exceeding ₹100 crores in any financial year since incorporation. This ensures that the funding targets small and early-stage startups rather than already established enterprises.

e. Innovative Idea

Startups should be working on innovative products, processes, or services that have the potential to address market gaps or introduce new solutions. The idea must be scalable, and the startup should have a clear plan for product development and commercialization.

f. Ownership

At least 51% of the shareholding should be held by Indian promoters, ensuring that the benefits of the program are directed towards Indian entrepreneurs.

3. Step-by-Step Application Process

Applying for seed funding at Innovation Mission Punjab involves several structured steps. Following these steps carefully increases the likelihood of successful application.

Step 1: Register on the Startup India Portal

The first step is to create an account on the official Startup India portal and complete the registration process. This portal acts as the gateway for all government-funded startup initiatives in India.

Step 2: Select an Incubator

Startups need to choose a recognized incubator in Punjab to submit their seed fund application. The incubator provides guidance on application preparation, documentation, and compliance with eligibility criteria. Examples of incubators include:

  • Chitkara Innovation Incubation Foundation (CIIF)

  • Punjab University Incubation Centre

  • Other DST-recognized incubators in Punjab

Step 3: Prepare Your Application

The next step is to compile all necessary documents. A complete application typically includes:

  • Company PAN and incorporation certificate

  • Bank statements

  • Detailed business plan

  • Market research and feasibility studies

  • Product description and roadmap

  • Team composition and expertise

A well-prepared application clearly highlights the startup’s value proposition, innovation, market potential, and scalability.

Step 4: Submit the Application

Startups submit their applications through the Startup India portal via the selected incubator. The incubator verifies the application for completeness and alignment with the funding guidelines before forwarding it to IMPunjab for evaluation.

Step 5: Evaluation by Experts

A panel of experts from the incubator and IMPunjab evaluates applications based on:

  • Innovation: Novelty of the idea and technological advancement

  • Scalability: Potential to expand the product or service to a larger market

  • Commercial Viability: Potential for revenue generation and sustainable growth

  • Team Strength: Capability and experience of the founding team to execute the business plan

Step 6: Disbursement of Funds

Approved startups receive funding in phases based on milestone achievements. This ensures accountability and encourages startups to achieve specific goals before receiving the next tranche of funding.

4. Benefits of Joining IMPunjab’s Seed Fund Program

Joining IMPunjab’s seed fund program provides numerous advantages that go beyond financial support.

a. Financial Support

Startups receive grant and debt funding tailored to their development stage, enabling them to focus on product innovation, prototype testing, and market entry without worrying about immediate revenue generation.

b. Mentorship

Startups gain guidance from experienced entrepreneurs, industry experts, and government officials who help refine business models, operational strategies, and market entry plans.

c. Infrastructure Access

INCubated startups can leverage state-of-the-art facilities, laboratories, and co-working spaces, helping them develop and test their products efficiently.

d. Networking Opportunities

Through IMPunjab, startups gain access to a network of investors, corporate partners, and fellow entrepreneurs, fostering collaboration and partnerships that accelerate growth.

e. Training and Skill Development

The program includes workshops, webinars, and training sessions to enhance entrepreneurial skills, financial literacy, marketing strategies, and technical expertise.

5. Success Stories

Several startups have successfully leveraged IMPunjab’s seed funding to accelerate their growth:

  • Beyond Cycle: Led by Simrat Kaur, this startup utilized the funding to validate their product concept and identify their target audience effectively.

  • DroneTech Solutions: This startup received seed funding to develop an AI-powered drone for agricultural monitoring and successfully entered the market within six months.

  • CyberSecure Pvt Ltd: Using seed funding and mentorship, the startup enhanced its cybersecurity solution and secured partnerships with two leading corporates.

These examples demonstrate the transformative impact of seed funding combined with mentorship, guidance, and structured incubation support.

6. Tips for a Successful Application

To maximize your chances of securing seed funding, consider the following tips:

  1. Highlight Innovation: Clearly articulate what makes your product or service unique.

  2. Demonstrate Scalability: Show how your idea can expand to multiple markets or regions.

  3. Show Traction: Include any early results, customer feedback, pilot programs, or partnerships.

  4. Strong Team: Emphasize the expertise, commitment, and complementary skills of your team.

  5. Detailed Financial Plan: Provide realistic projections and explain how the funds will be used effectively.

7. Contact Information

For more information or assistance, startups can reach out to:

Conclusion

Innovation Mission Punjab offers a critical pathway for early-stage startups to secure seed funding, gain mentorship, access infrastructure, and connect with investors. By following the structured application process, meeting eligibility criteria, and leveraging incubator support, startups can transform innovative ideas into commercially viable ventures.

Whether you are a tech entrepreneur in drone technology, cybersecurity, or manufacturing engineering, the IMPunjab seed fund provides the necessary financial and strategic resources to scale your startup successfully. This initiative exemplifies the government’s commitment to fostering entrepreneurship and driving innovation across Punjab and India.

,

How to Apply for Seed Fund Incubator at Madurai Agri Business Incubation Forum (MABIF)

MABIF

Introduction

Agriculture remains the backbone of India’s economy, and innovation in this sector is crucial for sustainable growth. Early-stage startups in agri-tech, food processing, and allied industries often struggle with access to funding, mentorship, and market networks. The Madurai Agri Business Incubation Forum (MABIF) serves as a catalyst, providing startups with the necessary resources to transform innovative ideas into successful ventures.

Established to promote agri-based entrepreneurship in Tamil Nadu, MABIF is committed to nurturing startups across agriculture, horticulture, dairy, fisheries, food processing, and related domains. Through structured incubation programs, seed funding, and mentorship, MABIF empowers startups to scale their operations and address real-world agricultural challenges.

1. About Madurai Agri Business Incubation Forum (MABIF)

MABIF was launched with the objective of accelerating agri-based innovation and promoting sustainable entrepreneurship. The forum focuses on bridging the gap between agricultural research and commercialization. It provides early-stage startups with:

  • Seed funding to validate concepts and develop prototypes

  • Mentorship from experienced agri-entrepreneurs and industry experts

  • Infrastructure support, including labs, testing facilities, and office space

  • Access to investor networks and market linkages

Headquartered in Madurai, Tamil Nadu, MABIF has emerged as a premier destination for agri-entrepreneurs across South India. The incubator has successfully supported numerous startups in areas like organic farming solutions, agri-sensors, AI-based farming tools, and food processing innovations.

2. Understanding the Seed Fund Program at MABIF

MABIF offers a comprehensive seed fund program to support early-stage startups in agriculture and allied sectors. The program provides financial assistance to help startups validate ideas, create prototypes, and prepare for commercialization.

Key Features of the Seed Fund Program

  • Financial Assistance: Startups can receive seed funding ranging from ₹10 lakh to ₹50 lakh, depending on the project and stage.

  • Mentorship: Expert guidance in product development, business strategy, regulatory compliance, and market access.

  • Workshops & Training: Workshops on agri-technology trends, supply chain management, and business development.

  • Infrastructure Access: Use of laboratories, testing facilities, co-working spaces, and other essential resources.

  • Networking Opportunities: Connect with investors, corporates, government bodies, and other agri-entrepreneurs.

This structured approach ensures that startups are not just funded but are also equipped with the knowledge, skills, and networks required to succeed in the competitive agri-business ecosystem.

3. Eligibility Criteria

To apply for the seed fund at MABIF, startups should meet the following criteria:

  1. Stage of Startup: Early-stage startups with a working prototype or Minimum Viable Product (MVP).

  2. Sector Focus: Agriculture, horticulture, dairy, fisheries, food processing, and allied sectors.

  3. Innovation: Startups should have a unique solution addressing a significant challenge in the agri-business ecosystem.

  4. Scalability: Demonstrable potential to scale operations and generate sustainable growth.

  5. Team Composition: A committed founding team with complementary skills and experience in agriculture, technology, or business.

  6. Legal Status: Startups must be incorporated as Private Limited Company, LLP, or Partnership.

  7. DPIIT Recognition (Preferred): While not mandatory, startups recognized by the Department for Promotion of Industry and Internal Trade may have an advantage.

4. Step-by-Step Application Process

The application process for MABIF seed funding involves multiple stages to ensure only the most viable and innovative ideas receive support:

Step 1: Research and Preparation

Before applying, startups should thoroughly understand MABIF’s mission, programs, and focus areas. Prepare a detailed business plan, including product details, market analysis, financial projections, and growth strategies.

Step 2: Online Application

Submit your application through the official MABIF portal. The application form typically requires:

  • Startup name, incorporation details, and PAN

  • Founding team profile

  • Description of product/service, target market, and problem addressed

  • Current stage of development and funding requirements

  • Any existing traction or pilot projects

Step 3: Screening & Shortlisting

MABIF experts review applications based on innovation, scalability, team capability, and market potential. Shortlisted startups are invited for further evaluation.

Step 4: Pitch Presentation

Selected startups present their business model, product demo, and growth plans to a panel of mentors, industry experts, and potential investors. This is a crucial stage to demonstrate feasibility and potential impact.

Step 5: Due Diligence

MABIF conducts a comprehensive due diligence process, examining financials, legal compliance, and technical feasibility.

Step 6: Selection & Funding

Startups meeting all criteria are onboarded into the incubation program and receive seed funding, mentorship, and access to infrastructure.

5. Benefits of Joining MABIF

Startups selected for MABIF incubation gain access to a holistic support system that includes:

  • Seed Funding: Financial support to develop prototypes, conduct pilot tests, and reach early customers.

  • Expert Mentorship: Guidance from experienced professionals in agri-business, technology, and operations.

  • Infrastructure & Labs: State-of-the-art facilities for testing, prototyping, and small-scale production.

  • Training & Workshops: Regular sessions on marketing, supply chain management, regulatory compliance, and funding strategies.

  • Investor Access: Opportunities to meet venture capitalists, angel investors, and corporate partners.

  • Networking & Collaboration: Connect with like-minded entrepreneurs, research institutions, and industry leaders.

6. Success Stories

MABIF has a track record of nurturing successful agri-startups. Some notable examples include:

  • AgriTech Innovations: Developed AI-based crop monitoring tools adopted by local farmers.

  • Organic Farming Startups: Helped small farmers access urban markets for organic produce.

  • Food Processing Ventures: Enabled startups to scale operations, improve packaging, and connect with retail chains.

These success stories demonstrate MABIF’s ability to transform early-stage ideas into profitable and impactful ventures.

7. Tips for a Successful Application

To maximize your chances of selection, consider the following tips:

  1. Clear Value Proposition: Define the problem you are solving and how your solution is unique.

  2. Traction Evidence: Include pilot projects, revenue, user adoption, or partnerships.

  3. Strong Team: Highlight complementary skills and expertise in agriculture, technology, and business.

  4. Market Understanding: Show knowledge of your target market, competition, and growth potential.

  5. Scalability Plan: Outline strategies for market expansion, operations, and financial sustainability.

  6. Social Impact: Emphasize benefits to farmers, rural communities, and the environment.

8. Contact Information

For more details or assistance:

  • Website: www.mabif.org (official portal)

  • Email: info@mabif.org

  • Phone: +91-452-XXXXX

  • Address: Madurai Agri Business Incubation Forum, Madurai, Tamil Nadu, India

Conclusion

The Madurai Agri Business Incubation Forum (MABIF) provides an invaluable opportunity for agri-entrepreneurs to secure seed funding, mentorship, and infrastructure support. By leveraging MABIF’s resources, startups can accelerate their growth, innovate in agriculture, and make a tangible impact on farmers, rural communities, and the ecosystem at large.

If you are an early-stage agri-startup with a compelling idea, MABIF offers the guidance, network, and financial support to turn your vision into a successful venture.

,

How to Apply for the Seed Fund Incubator at IIM Lucknow Enterprise Incubation Centre

IIM Lucknow Enterprise Incubation

Introduction

In the dynamic landscape of India’s startup ecosystem, securing early-stage funding is pivotal for transforming innovative ideas into successful ventures. The IIM Lucknow Enterprise Incubation Centre (IIML EIC), situated at IIM Lucknow’s Noida campus, stands as a beacon for aspiring entrepreneurs. Established as a Section 8 company (not-for-profit), IIML EIC is supported by the Department of Science & Technology (DST), Government of India, and the Uttar Pradesh State Government under their Startup & IT policies. The centre aims to nurture high-performance startups, particularly in sectors like Artificial Intelligence (AI), Blockchain Technology, Industrial Internet of Things (IIoT), Digital Healthcare, Cloud Services, Virtual Reality, and 3D Printing.

1. Overview of Seed Funding Programs at IIML EIC

IIML EIC offers several seed funding schemes to support early-stage startups:

a. IIML-Venture Fund

  • Eligibility: Startups incubated at IIML EIC with at least 51% shareholding by Indian promoters.

  • Fund Size: Up to ₹25 lakhs.

  • Instrument: Compulsory Convertible Preference Shares (CCPS).

  • Focus: Tech-driven startups with high potential and national impact.

b. NIDHI Seed Support Program (NIDHI-SSP)

  • Eligibility: Startups with a minimum of three months of incubation at IIML EIC.

  • Fund Size: Up to ₹50 lakhs.

  • Instrument: Equity or Quasi-Equity Instruments, such as Optionally Convertible Debentures (OCD) or Convertible Debentures (CCD).

  • Objective: To provide financial assistance to startups with promising ideas and technologies.

c. Startup India Seed Fund Scheme (SISFS)

  • Eligibility: Startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), incorporated not more than two years ago.

  • Fund Size: Up to ₹50 lakhs.

  • Instrument: Optional Convertible Debt.

  • Objective: To provide financial assistance for Proof of Concept, Prototype Development, Product Trials, Market Entry, and Commercialization.

2. Eligibility Criteria for Seed Fund at IIML EIC

To apply for seed funding at IIML EIC, startups must meet the following criteria:

  • Incorporation: The startup must be a registered company in India.

  • Promoter Shareholding: At least 51% shareholding by Indian promoters.

  • Recognition: The startup should be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

  • Incubation: For NIDHI-SSP, a minimum of three months of incubation at IIML EIC is required.

  • Stage: Startups should be in the early stages of development, typically post-MVP and pre-revenue or early revenue stages.

  • Sector Focus: Startups operating in sectors such as AI, IIoT, Digital Healthcare, Blockchain, Cloud Services, VR, and 3D Printing are preferred.

3. Application Process

The application process for seed funding at IIML EIC involves the following steps:

a. Initial Application

  • Form: Startups need to submit an online application form available on the IIML EIC website.

  • Details Required:

    • Company Information: Name, registration details, and sector.

    • Project Information: Description of the startup’s product/service, technology, and market opportunity.

    • Team Details: Information about the founding team, their roles, and expertise.

    • Financials: Projected financials, funding requirements, and utilization plans.

b. Screening and Shortlisting

  • Review: The IIML EIC team reviews all applications to shortlist startups that align with the funding criteria and objectives.

  • Criteria: Alignment with sector focus, innovation, scalability, and potential impact.

c. Pitch Presentation

  • Invitation: Shortlisted startups are invited to present their business ideas to a panel of mentors and investors.

  • Content: The pitch should cover the problem being solved, the solution offered, market potential, business model, and financial projections.

d. Due Diligence

  • Assessment: Post-presentation, IIML EIC conducts a thorough due diligence process to assess the startup’s viability, market fit, and readiness for investment.

  • Documents: Startups may be required to provide additional documents such as Intellectual Property (IP) rights, legal compliances, and customer testimonials.

e. Selection and Onboarding

  • Decision: Based on the evaluation, selected startups are offered seed funding and onboarded into the incubation program.

  • Support: Startups receive funding, mentorship, access to infrastructure, and networking opportunities to accelerate their growth.

4. Benefits of Joining IIML EIC

Startups selected for seed funding at IIML EIC gain access to:

  • Funding: Seed capital to support product development, market entry, and scaling.

  • Mentorship: Guidance from experienced entrepreneurs, industry experts, and investors.

  • Infrastructure: Access to state-of-the-art facilities, including AI & IoT labs.

  • Networking: Opportunities to connect with potential investors, partners, and customers.

  • Training: Workshops and programs to enhance entrepreneurial skills and business acumen.

5. Success Stories

IIML EIC has a proven track record of nurturing successful startups. Notable success stories include:

  • Startup A: Secured ₹30 lakhs in seed funding through the IIML-Venture Fund and expanded its operations nationally.

  • Startup B: Received ₹50 lakhs under the NIDHI-SSP and achieved commercial viability within a year.

  • Startup C: Utilized ₹40 lakhs from the Startup India Seed Fund Scheme to develop a market-ready product and attracted angel investment.

6. Tips for a Successful Application

To enhance the chances of selection, startups should:

  • Clear Value Proposition: Articulate the problem being solved and how the solution is unique and valuable to the target market.

  • Demonstrated Traction: Provide evidence of product development, customer interest, or early revenue.

  • Strong Team: Highlight the strengths and complementary skills of the founding team.

  • Scalability Plan: Outline a clear strategy for scaling the business, including marketing, operations, and financial projections.

  • Market Understanding: Show a deep understanding of the target market, customer needs, and competitive landscape.

7. Contact Information

For more details or assistance:

Conclusion

The IIM Lucknow Enterprise Incubation Centre offers a valuable opportunity for early-stage startups to secure seed funding and accelerate their growth. With a comprehensive support system that includes funding, mentorship, infrastructure, and networking, IIML EIC plays a pivotal role in nurturing innovation and entrepreneurship in India. By meeting the eligibility criteria and following the application process, startups can leverage IIML EIC’s resources to transform their ideas into successful ventures.

,

How to Apply for Seed Fund Incubator at AIC-RNTU Foundation

AIC-RNTU Foundation

Introduction

For many early-stage startups, securing initial funding and mentorship can mean the difference between staying in idea phase and launching a product that solves real problems. In central India, one of the promising gateways for such startup growth is AIC-RNTU Foundation. Located in Raisen district near Bhopal, this incubator is part of Rabindranath Tagore University’s ecosystem, and is recognized under government schemes that support innovation.

This article dives deep into how to apply for the Seed Fund Incubator at AIC-RNTU Foundation—covering eligibility, application steps, benefits, screening process, and tips to make your application stronger.

About AIC-RNTU Foundation

AIC-RNTU Foundation is a leading incubation centre in Madhya Pradesh. It works toward fostering innovation, providing infrastructure, mentorship, networking, and helping startups to access funding.

Some of its offerings and strengths include:

  • State-of-the-art infrastructure (fab labs, labs for prototyping, etc.)

  • Extensive mentorship and expert guidance, including domain-specific mentors

  • Support under various government funding schemes including the Startup India Seed Fund Scheme (SISFS), NIDHI Seed Support Program, etc.

What is the Startup India Seed Fund Scheme (SISFS) via AIC-RNTU

AIC-RNTU Foundation is selected as an incubator under the Startup India Seed Fund Scheme (SISFS) by DPIIT.

The scheme is designed to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. AIC-RNTU acts as the incubator through which startups can apply, undergo screening, and, if selected, receive seed funding. aicrntu.com+1

Eligibility Criteria

Before applying, make sure your startup meets the criteria. Based on information from AIC-RNTU and the SISFS scheme, the eligibility typically includes:

  1. DPIIT Recognition — The startup must be recognized under Startup India (DPIIT).

  2. Indian Entity & Ownership — The startup must be incorporated in India; at least 51% of shareholding should be held by Indian promoters.

  3. Age of Startup — Usually less than 2 years from date of incorporation. (This is a common SISFS requirement.)

  4. Not heavily funded already — Should not have received more than a certain amount (e.g. Rs. 10 lakh) under other government schemes.

  5. Stage of Development — Preference towards startups with a prototype or MVP, clear value proposition, some user/customer validation where possible.

What AIC-RNTU Offers Startups

If selected, startups at AIC-RNTU can expect support in several dimensions:

  • Funding support via SISFS (for prototype, product trials, commercialization) through the incubator.

  • Mentorship & Business Guidance with domain experts and mentors.

  • Infrastructure & Labs such as fab lab, fabrication workshop, renewable energy lab, advanced material lab etc.

  • Networking & Investor Access through demo days, cohort programs, and investor pitch opportunities.

  • Capacity Building & Training via workshops, one-on-one mentoring, financial modeling, growth plan preparation.

Step‐by‐Step Application Process

Here is how to apply for the Seed Fund Incubator at AIC-RNTU Foundation:

Step 1: Get DPIIT Startup Recognition

  • Register your startup on the Startup India portal and obtain the DPIIT recognition certificate.

  • Ensure you meet the basic criteria (incorporation, Indian ownership, etc.).

Step 2: Prepare Required Documents

Make sure you have ready:

  • Certificate of Incorporation (CIN), PAN, GST if applicable

  • Startup recognition document (DPIIT)

  • Business plan / pitch deck

  • Prototype or MVP details (if available)

  • Details about the team – founders’ backgrounds, relevant experience

  • Financial projections / utilization plan for the funding being requested

Step 3: Apply via SISFS Portal

  • Go to the Startup India Seed Fund Scheme portal.

  • Select AIC-RNTU Foundation as your preferred incubator (you may choose multiple incubators but AIC-RNTU should be one of them). aicrntu.com

  • Fill out the application form with all required details: innovation, problem/solution, business model, market opportunity, funding need.

Step 4: Screening & Evaluation

The application undergoes a multi-stage screening process at AIC-RNTU:

  • Internal Committee Review – to check eligibility and basic fit.

  • SME’s Feedback – subject matter experts provide feedback.

  • Final Presentation – to the Incubator Seed Management Committee (ISMC). This is usually a pitch presentation.

Step 5: Selection & Disbursement

  • If selected, you’ll receive a communication from the incubator about the funding amount and terms.

  • Funds are typically disbursed in tranches based on milestone achievements, such as prototype completion or product trial.

Amount of Funding & Use Cases

  • The funding under SISFS via AIC-RNTU can go up to Rs. 50 lakhs depending on stage (for market entry/commercialization). For proof of concept or prototype development, smaller amounts (e.g. up to ~Rs. 20 lakhs) may be applicable.

  • Use cases for funding include: developing an MVP, testing product in real environment, market trials, scaling operations, etc.

Tips to Make Your Application Strong

Here are some suggestions to improve your chances of selection:

  1. Clear Problem-Solution Fit
    Articulate clearly what problem you are solving, who are your users/customers, and how your solution is different.

  2. Prototype / MVP or Validation
    If possible, having a working MVP or user validation (e.g. early adopters) lends credibility.

  3. Strong Team Information
    Highlight relevant skills in your team — technical, business, operations.

  4. Data & Market Research
    Show evidence of market demand, competitor analysis, and realistic financial projections.

  5. Prepare a Solid Pitch Deck
    Include sections like problem, solution, business model, market size, competition, revenue model, and product roadmap.

  6. Understand Milestones
    Since funding might be disbursed in stages, define clear milestones in your plan (prototype ready, trials, etc.).

  7. Follow Up
    Engage with AIC-RNTU if possible – attending their events, workshops, networking helps you get noticed.

Common Mistakes to Avoid

  • Submitting incomplete or vague applications

  • Overestimating without data backup

  • Missing required documentation

  • Not aligning with scheme eligibility (e.g. age of startup, ownership)

  • Expecting full funding at once without milestone deliverables

Contact & Additional Support

If you need more clarity or want to connect with AIC-RNTU staff:

  • Website: AIC-RNTU Foundation official website

  • Check their “Apply / Pitching” page for specific current application forms.

  • Use their contact email: [email protected] (if listed) or contact via incubator’s site

  • Visit physically if possible, attend their workshops/cohorts to understand processes better.

Conclusion

The Seed Fund Incubator at AIC-RNTU Foundation is a robust opportunity for startups, especially in central India, to access early-stage funding, infrastructure, and mentorship. If your startup meets the criteria and you are serious about taking it to the next level, this pathway can be transformative.

Start by ensuring DPIIT recognition, preparing a strong pitch, selecting AIC-RNTU in the SISFS portal, and clearly defining your milestones. With focused effort and clarity, your application could be the one that gets selected.

,

How to Apply for Seed Fund Incubator at Amrita Technology Business Incubator

Amrita TBI

Introduction

In India’s dynamic startup ecosystem, securing early-stage funding and mentorship can significantly impact a startup’s journey from ideation to commercialization. The Amrita Technology Business Incubator (TBI), established by Amrita Vishwa Vidyapeetham, stands out as a premier incubator offering comprehensive support to early-stage startups. Recognized under the Startup India Seed Fund Scheme (SISFS), Amrita TBI provides financial assistance, infrastructure, and mentorship to startups across various sectors.

About Amrita TBI

Amrita TBI is a non-profit technology business incubator supported by the Department of Science & Technology (DST), Government of India, and Amrita Vishwa Vidyapeetham. With facilities in Amritapuri, Bengaluru, and Coimbatore, Amrita TBI offers both physical and virtual incubation options to startups. The incubator has been instrumental in nurturing over 200 startups, providing them with the necessary resources to scale and succeed.

Understanding the Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme (SISFS), launched by the Government of India, aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. Amrita TBI, as a partner incubator, plays a pivotal role in implementing this scheme by offering funding support and strategic guidance to eligible startups.

Funding Details

Under the SISFS, eligible startups can receive:

  • Up to ₹20 Lakhs as a grant for validation of proof of concept, prototype development, or product trials.

  • Up to ₹50 Lakhs as an investment for market entry, commercialization, or scaling up through convertible debentures or debt-linked instruments.

Eligibility Criteria

To apply for the SISFS through Amrita TBI, startups must meet the following criteria:

  • DPIIT Recognition: The startup must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

  • Incorporation Age: The startup should be incorporated not more than 2 years ago at the time of application.

  • Technology Component: The startup must have a technology component in its core product or service, business model, distribution model, or methodology to solve the problem being targeted.

  • Business Idea: The startup should have a business idea to develop a product or service with market fit, viable commercialization, and scope of scaling.

  • Funding Limit: The total government financial assistance previously received by the startup should not exceed ₹10 Lakhs, excluding benefits like prize money, lab access, or subsidized workspace.

  • Equity Holding: Indian promoters must hold at least 51% equity in the startup.

Sectors Supported

The SISFS is a sector-agnostic scheme, but preference is given to startups working in areas such as:

  • Waste Management

  • Water Management

  • Financial Inclusion

  • Education

  • Agriculture

  • Food Processing

  • Biotechnology

  • Healthcare

  • Energy

  • Mobility

  • Defense

  • Space

  • Railways

  • Oil and Gas

  • Textiles

  • Social Impact

Application Process at Amrita TBI

Step 1: Obtain DPIIT Recognition

Before applying, ensure that your startup is recognized by the Department for Promotion of Industry and Internal Trade (DPIIT). This recognition is mandatory for availing benefits under the SISFS. You can apply for DPIIT recognition through the Startup India portal.

Step 2: Prepare Required Documents

Gather the following documents to support your application:

  • DPIIT Recognition Certificate: Proof of your startup’s recognition.

  • Certificate of Incorporation: Legal proof of your startup’s establishment.

  • Pitch Deck: A concise presentation outlining your business idea, market opportunity, and growth strategy.

  • Business Plan: Detailed document covering your business model, revenue streams, and financial projections.

  • Prototype or MVP: Demonstration of your product or service.

  • Team Details: Information about the founding team and their roles.

Step 3: Submit Application

Visit the Amrita TBI SISFS Application Page and complete the application form. Ensure that all information is accurate and all required documents are uploaded.

Step 4: Evaluation and Selection

After submission, your application will undergo the following evaluation process:

  • Screening: Initial review to check eligibility and completeness of the application.

  • Evaluation: Assessment by Amrita TBI’s internal committee and external experts.

  • Pitch Presentation: Shortlisted startups may be invited to present their business ideas to potential investors and mentors.

  • Final Decision: Based on evaluations and presentations, selected startups will receive funding and incubation support.

Step 5: Utilization of Funds

If selected, the funds should be utilized strictly for the purposes mentioned in your application, such as:

  • Prototype Development: Enhancing or building your product.

  • Product Trials: Testing your product in real-world scenarios.

  • Market Entry Activities: Launching your product in the market.

  • Commercialization Efforts: Scaling your operations and reaching a broader audience.

Additional Programs at Amrita TBI

Apart from the SISFS, Amrita TBI offers several other programs to support startups:

1. NIDHI-PRAYAS

The NIDHI-PRAYAS program provides grants up to ₹10 Lakhs to aspiring innovators and startups to build their ideas into prototypes. This initiative aims to bridge the gap between ideation and product development.

2. Amrita TBI PitchFest

Amrita TBI PitchFest is a platform for startups to showcase their ideas and qualify to receive seed investment up to USD 200,000 and get co-working space at Amrita TBI. This event connects startups with investors and mentors, facilitating growth and expansion.

3. Amrita TBI Accelerator

The Amrita TBI Accelerator is a fast-paced program designed to help early-stage startups evolve into successful ventures. Startups can raise funding from invited external investors and Amrita TBI during the Demo Day event.

4. NIDHI-EIR

The NIDHI-EIR program provides a subsistence grant up to ₹30,000 per month to aspiring entrepreneurs to pursue promising technology business ideas. This initiative supports individuals in transforming their innovative ideas into viable startups.

Contact Information

For more details or assistance:

Conclusion

The Seed Fund Incubator at Amrita TBI offers a robust platform for startups to access funding, mentorship, and infrastructure support. By aligning with the Startup India Seed Fund Scheme, Amrita TBI plays a pivotal role in nurturing early-stage startups and helping them scale their operations. If your startup meets the eligibility criteria and is in the early stages of development, applying for the SISFS through Amrita TBI can provide the necessary resources to propel your business forward.

,

How to Apply for the Seed Fund Incubator at Golden Jubilee Biotech Park for Women Society

Golden Jubilee Biotech Park

Introduction

Golden Jubilee Biotech Park for Women Society (GJBPWS), located in Chennai, is a pioneering initiative dedicated to empowering women entrepreneurs in the biotechnology sector. Through its partnership with the Biotechnology Industry Research Assistance Council (BIRAC), GJBPWS offers the Sustainable Entrepreneurship and Enterprise Development (SEED) Fund to support early-stage startups led by women. This fund aims to bridge the critical gap between initial concept validation and market readiness, enabling startups to attract angel or venture capital investments.

1. About Golden Jubilee Biotech Park for Women Society

Established with the vision of encouraging and empowering women entrepreneurs, GJBPWS has been instrumental in fostering innovation and entrepreneurship in the life sciences domain. The park provides a conducive environment for startups, offering infrastructure, mentorship, and access to funding opportunities. As a BIRAC SEED Fund partner, GJBPWS plays a crucial role in nurturing biotech startups led by women, helping them scale and commercialize their innovations.

2. Understanding the SEED Fund

The SEED Fund is an equity-based funding scheme designed to support post-proof-of-concept (PoC) startups with innovative ideas and technologies. The fund provides capital assistance to startups, enabling them to cover the initial stages of development and become investment-ready. Implemented through selected BioNEST incubators like GJBPWS, the SEED Fund aims to catalyze the growth of biotech startups and facilitate their transition to commercial viability.

3. Eligibility Criteria

To be considered for the SEED Fund at GJBPWS, startups must meet the following criteria:

  • Women-Led Ownership: At least 51% of the company’s shareholding must be held by women entrepreneurs.

  • Incorporation Status: The startup must be a registered company.

  • Proof of Concept: The startup should have a validated proof of concept ready.

  • Sector Focus: Startups should operate in the fields of life sciences, med-tech, digital tech, or data sciences.

  • Innovation: The startup must present a unique value proposition or innovative solution addressing a significant market need.

4. Application Process

The application process for the SEED Fund at GJBPWS involves the following steps:

a. Obtain the Application Form

Startups can download the application form from the official GJBPWS website: Seed Fund Application Form.

b. Complete the Application Form

The application form requires detailed information, including:

  • Applicant Information: Personal details of the woman entrepreneur.

  • Company Information: Details about the registered company, including sector, activities, and infrastructure requirements.

  • Project Information: Description of the proposed idea or innovation, including technology readiness level and potential market applications.

  • Financial Details: Business plan, cost of the project, and financial statements.

  • Other Related Information: Team members, mentors, patents, awards, and other relevant details.

c. Submit the Application

Once the form is completed, submit it along with the necessary documents to:

Email: service@biotechpark.co.in

Alternatively, applications can be sent to:

Address:

The Chairman

Golden Jubilee Biotech Park for Women Society

Inside SIPCOT IT Park

Navallur, Old Mahabalipuram Road

Kanchipuram District – 603 103

Phone: +91-9840098371 (Office)

Mobile: +91-7305621230 (Bio-Incubation Centre)

5. Evaluation and Selection

Upon receiving the applications, GJBPWS conducts a thorough evaluation process, which includes:

  • Screening: Initial review of applications to ensure they meet the eligibility criteria.

  • Due Diligence: Assessment of the startup’s business plan, technology, market potential, and financial viability.

  • Pitch Presentation: Shortlisted startups may be invited to present their business ideas to a panel of experts.

  • Final Selection: Based on the evaluation, selected startups are offered the SEED Fund.

6. Benefits of the SEED Fund

Startups selected for the SEED Fund at GJBPWS receive:

  • Equity-Based Funding: Financial assistance to support the startup’s development and commercialization efforts.

  • Mentorship: Guidance from industry experts and experienced entrepreneurs.

  • Infrastructure Support: Access to state-of-the-art facilities and laboratories.

  • Networking Opportunities: Connections with potential investors, partners, and customers.

  • Training and Workshops: Programs to enhance entrepreneurial skills and business acumen.

7. Success Stories

Several women-led startups have benefited from the SEED Fund at GJBPWS, achieving significant milestones:

  • Bioneem Tec (P) Ltd: Developed innovative solutions in the field of agriculture and received the SEED Fund to scale operations.

  • Kairos Kinetic (OPC) Pvt Ltd: Focused on developing nanotechnology-based products and utilized the SEED Fund for product development and market entry.

  • Bionyme Laboratories Pvt Ltd: Engaged in tissue culture-based banana propagation and leveraged the SEED Fund to enhance research and commercialization efforts.

8. Tips for a Successful Application

To increase the chances of selection, consider the following tips:

  • Clear Value Proposition: Clearly articulate the problem being solved and how your solution is unique and impactful.

  • Demonstrated Innovation: Showcase the novelty of your technology or approach.

  • Market Understanding: Provide insights into the target market, customer needs, and competitive landscape.

  • Strong Team: Highlight the expertise and experience of your team members.

  • Scalability Plan: Outline a clear strategy for scaling your operations and achieving commercial success.

9. Contact Information

For more details or assistance:

  • Website: www.biotechpark.co.in

  • Email: service@biotechpark.co.in

  • Phone: +91-9840098371 (Office)

  • Mobile: +91-7305621230 (Bio-Incubation Centre)

  • Address:

    The Chairman

    Golden Jubilee Biotech Park for Women Society

    Inside SIPCOT IT Park

    Navallur, Old Mahabalipuram Road

    Kanchipuram District – 603 103

Conclusion

The SEED Fund at Golden Jubilee Biotech Park for Women Society offers a valuable opportunity for women entrepreneurs in the biotech sector to transform their innovative ideas into successful ventures. By providing financial assistance, mentorship, and infrastructure support, GJBPWS plays a pivotal role in fostering the growth of women-led startups, contributing to the advancement of the biotechnology industry.

,

How to Apply for Seed Fund Incubator at Marwari Catalysts Private Limited

Marwari Catalysts

Introduction

In India’s rapidly evolving startup ecosystem, early-stage funding is often the difference between a great idea and a successful venture. Startups need not only financial resources but also mentorship, guidance, and access to networks of investors and industry experts. Marwari Catalysts Private Limited, headquartered in Jodhpur, Rajasthan, is one such accelerator making a significant impact in the Indian startup landscape.

Established to empower entrepreneurs from smaller towns and underserved regions, Marwari Catalysts offers startups a structured pathway to grow their business and achieve scalability. With a remarkable track record of accelerating over 50 startups and a 70% success rate in helping them secure seed funding (Pitchbob.io), the incubator has become a go-to resource for early-stage ventures.

The incubator’s flagship initiative, the Thrive Accelerator Program, focuses on providing startups with funding ranging from ₹25 lakhs to ₹1 crore, along with structured mentorship, workshops, and access to a network of investors and mentors. In this comprehensive guide, we will explore how startups can apply to the seed fund incubator at Marwari Catalysts, understand the program structure, meet eligibility requirements, and maximize their chances of selection.

1. About Marwari Catalysts

Marwari Catalysts Private Limited was founded with a vision to create a thriving startup ecosystem in India, particularly supporting startups from smaller towns and tier-2 cities. Unlike traditional incubators that primarily focus on metropolitan areas, Marwari Catalysts aims to democratize entrepreneurship by offering equal opportunities to innovators from less urbanized regions.

The incubator provides a comprehensive suite of services designed to guide startups through the challenging early stages of their journey. These services include:

  • Mentorship from industry experts and successful entrepreneurs.

  • Seed funding for product development, market entry, and initial scaling.

  • Co-founder matchmaking, helping entrepreneurs build strong, complementary teams.

  • Investor access to enable subsequent funding rounds.

By combining financial support with mentorship and operational guidance, Marwari Catalysts has helped numerous startups overcome early-stage obstacles and achieve measurable growth. Their approach is holistic, focusing not only on funding but also on nurturing the startup ecosystem and creating a network of entrepreneurs that can support each other.

2. Understanding the Thrive Accelerator Program

The Thrive Accelerator Program is the cornerstone of Marwari Catalysts’ offerings. It is specifically designed for early-stage startups, often at the post-MVP stage but pre-revenue or in early revenue stages.

Key Features of the Thrive Accelerator Program

  • Funding Support: Startups receive investments ranging from ₹25 lakhs to ₹1 crore, depending on their stage, sector, and potential for growth.

  • Expert Mentorship: Participants gain guidance from seasoned entrepreneurs, industry specialists, and investors who help navigate market challenges.

  • Structured Workshops: Workshops cover critical aspects of business development such as fundraising, product-market fit, operational efficiency, go-to-market strategy, and scaling.

  • Investor Networking: Startups are given opportunities to pitch to angel investors, venture capitalists, and corporate partners for follow-on funding.

  • Community Building: Access to a network of like-minded entrepreneurs fosters collaboration and learning.

The program emphasizes startups that are innovative, scalable, and capable of creating significant market impact. Sectors of focus include fintech, direct-to-consumer (D2C) businesses, augmented reality/virtual reality (AR/VR), supply chain tech, and other high-growth industries.

Marwari Catalysts is sector-agnostic to some extent but gives preference to high-impact startups with potential for exponential growth. This focus allows startups to access resources specifically tailored to their industry needs, including specialized mentors and domain-specific workshops.

3. Eligibility Criteria

To ensure the program benefits startups with genuine potential, Marwari Catalysts has established clear eligibility criteria for the Thrive Accelerator Program:

  1. Stage: Startups should be in early stages of development, typically post-MVP and pre-revenue or early revenue stages. This ensures they have validated their idea and are ready to scale.

  2. Sector Focus: Startups in fintech, D2C, AR/VR, supply chain technology, and other emerging industries are prioritized. However, innovative solutions in any high-growth sector are considered.

  3. Team Composition: A committed founding team with complementary skills is essential. Investors and mentors assess whether the team can execute the business plan effectively.

  4. Innovation: The startup must have a unique value proposition or innovative solution that addresses a significant problem in the market. This innovation can be in product design, business model, or operational methodology.

  5. Scalability: Demonstrable potential for scaling operations and achieving sustainable growth is critical. Startups should present a clear roadmap showing how they intend to expand their operations and enter new markets.

Meeting these eligibility requirements does not guarantee acceptance, but it positions startups for a strong application and evaluation process.

4. Application Process

Applying for the Thrive Accelerator Program is a multi-step process designed to identify startups with the highest potential. The process ensures that selected startups receive not only funding but also the guidance and mentorship necessary to succeed.

Step 1: Initial Application

Startups must submit an online application via the Marwari Catalysts website. The application form requires detailed information about:

  • Mission and vision of the startup

  • Product or service description

  • Market opportunity and target customers

  • Team structure and roles

Providing thorough and clear information in this step is essential, as it forms the basis of the initial screening.

Step 2: Screening and Shortlisting

The Marwari Catalysts team reviews all applications to shortlist startups that align with the program’s objectives. The screening focuses on factors such as innovation, market potential, team capability, and alignment with program goals.

Step 3: Pitch Presentation

Shortlisted startups are invited to present their business ideas to a panel of mentors and investors. The pitch is an opportunity to demonstrate:

  • Problem-solving capability

  • Traction or initial market validation

  • Unique selling proposition

  • Scalability and growth plan

This step is crucial, as it allows mentors and investors to assess the startup’s potential firsthand.

Step 4: Due Diligence

Following the pitch, Marwari Catalysts conducts a comprehensive due diligence process. This involves:

  • Reviewing financial records and projections

  • Evaluating market research and validation

  • Assessing team capabilities and operational readiness

  • Ensuring compliance with legal and regulatory requirements

Due diligence ensures that the funding is allocated to startups with the highest probability of success.

Step 5: Selection and Onboarding

Selected startups are officially onboarded into the Thrive Accelerator Program. Onboarding includes:

  • Fund disbursement according to the startup’s needs

  • Assignment of mentors and advisors

  • Access to workshops and networking events

  • Structured milestones for growth and reporting

This step marks the beginning of an intensive program designed to accelerate growth and prepare startups for follow-on funding rounds.

5. Benefits of Joining the Thrive Accelerator Program

Startups in the Thrive Accelerator Program gain access to an extensive set of resources:

Funding Support

Startups receive investments ranging from ₹25 lakhs to ₹1 crore. This funding can be utilized for:

  • Product development or enhancement

  • Market entry strategies

  • Commercialization and scaling

Mentorship and Guidance

Experienced mentors provide strategic advice, helping startups navigate challenges and refine their business models. Mentorship may include:

  • Guidance on fundraising strategies

  • Operational efficiency improvements

  • Marketing and customer acquisition tactics

  • Product-market fit refinement

Workshops and Training

Structured workshops help startups understand various aspects of business development:

  • Product design and prototyping

  • Fundraising and investor pitching

  • Marketing strategies and brand building

  • Scaling operations and entering new markets

Investor Networking

Startups have opportunities to pitch to angel investors, venture capitalists, and corporate partners for follow-on funding. Access to this network can significantly enhance the chances of raising additional capital.

Community and Networking

Being part of the Marwari Catalysts ecosystem connects startups with a community of entrepreneurs, industry experts, and investors. This network fosters collaboration, learning, and potential partnerships.

6. Success Stories

Marwari Catalysts has helped numerous startups achieve remarkable milestones. Some notable success stories include:

  • BankSathi: A fintech startup that raised over $7 million and achieved a valuation of ₹219 crore (Tracxn).

  • Immersive Labz: An AR/VR company that secured $1 million in Series A funding and expanded its operations significantly (Tracxn).

  • Upsurge: An edtech platform that raised $140K in seed funding and scaled its user base across India (Tracxn).

These examples illustrate the tangible impact of the Thrive Accelerator Program on startups’ growth trajectories.

7. Tips for a Successful Application

To improve the likelihood of selection, startups should consider the following tips:

  • Clear Value Proposition: Clearly articulate the problem and how the solution is unique.

  • Traction and Metrics: Provide measurable evidence of progress, such as revenue, user growth, or partnerships.

  • Strong Team: Emphasize the strengths and complementary skills of the founding team.

  • Market Understanding: Show deep knowledge of the target market, customer needs, and competition.

  • Scalability Plan: Present a clear strategy for growth, market expansion, and operational efficiency.

8. Contact Information

For more details or assistance:

Conclusion

Applying for the seed fund incubator at Marwari Catalysts Private Limited is a golden opportunity for early-stage startups seeking both funding and mentorship. The Thrive Accelerator Program provides a comprehensive ecosystem that empowers entrepreneurs to turn their innovative ideas into scalable businesses.

By understanding the eligibility criteria, preparing a strong application, and leveraging the program’s resources, startups can accelerate their growth, secure further investment, and achieve long-term success. With its proven track record, Marwari Catalysts continues to play a vital role in shaping India’s entrepreneurial ecosystem, particularly by empowering startups from smaller towns and emerging markets.

Whether you are a fintech innovator, a D2C brand, or a tech startup in AR/VR or supply chain, the Thrive Accelerator Program at Marwari Catalysts offers the guidance, funding, and network necessary to transform your vision into reality.

,

How to Apply for Seed Fund Incubator at Science & Technology Entrepreneurship Park

STEP Seed Fund Incubator Program

Introduction: Empowering Early-Stage Startups

India’s startup ecosystem has evolved into one of the world’s most vibrant innovation landscapes. Every year, thousands of entrepreneurs launch solutions that tackle real-world problems across clean energy, healthcare, agriculture, and technology.

But most early-stage founders share one common struggle — finding the right mix of seed funding, mentorship, and incubation to turn their prototype into a viable business.

That’s exactly what the Science & Technology Entrepreneurship Park (STEP) aims to solve.
Supported by the Department of Science and Technology (DST), Government of India, STEP bridges the gap between innovation and entrepreneurship. Through its Seed Fund Incubator Program, it provides financial assistance, mentoring, and infrastructure support to startups that are building for India’s future.

This article explains everything you need to know — from eligibility and benefits to step-by-step instructions on how to apply for the STEP Seed Fund Incubator.

What is the Science & Technology Entrepreneurship Park (STEP)?

The Science & Technology Entrepreneurship Park (STEP) is a DST-supported initiative established to promote technology-driven entrepreneurship and innovation in India.

STEP works as a collaboration between academia, industry, and entrepreneurs, offering startups access to advanced R&D infrastructure, mentorship, and business development support.

It’s designed to help innovators translate research outcomes into commercial success stories — creating jobs, fostering innovation, and strengthening India’s technology base.

Over the years, STEP has supported hundreds of startups working in diverse fields such as:

  • Renewable energy and sustainability

  • Healthcare and med-tech innovations

  • Agri-tech and food processing

  • IoT, robotics, and AI applications

Understanding the STEP Seed Fund Incubator

The Seed Fund Incubator at STEP operates under the Startup India Seed Fund Scheme (SISFS).
This program, launched by the Ministry of Commerce and Industry, aims to support early-stage startups financially and strategically, ensuring they can validate, develop, and scale their innovations.

Key objectives of the STEP Seed Fund:

  1. Provide seed funding to startups with innovative ideas and high growth potential.

  2. Enable prototype development and product validation.

  3. Support commercialization and market entry for emerging ventures.

  4. Build an innovation ecosystem by connecting startups with mentors, investors, and corporates.

Through this scheme, STEP typically offers seed funding of up to ₹20–50 lakhs to eligible startups, along with mentoring and incubation facilities.

Eligibility Criteria for the STEP Seed Fund Incubator

Before applying, founders must ensure they meet the eligibility requirements as per the Startup India Seed Fund guidelines:

  1. DPIIT Recognition:
    The startup must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

  2. Company Age:
    The startup should be less than two years old from the date of incorporation.

  3. Indian Ownership:
    At least 51% of the company’s shareholding must be held by Indian promoters.

  4. Stage of Development:
    The startup should ideally be at the prototype or product validation stage.

  5. Funding History:
    Startups that have not received more than ₹10 lakhs of financial support under any other central or state government scheme are eligible.

  6. Sector Focus:
    STEP primarily supports technology-led startups — in domains such as clean tech, agri-tech, healthcare innovation, and industrial automation.

How to Apply for the STEP Seed Fund Incubator

Here’s a step-by-step breakdown of the complete application process:

Step 1: Prepare Required Documents

Before you apply, ensure you have the following:

  • DPIIT recognition certificate

  • Certificate of incorporation (CIN, PAN, GST)

  • Business plan or detailed pitch deck

  • Prototype summary or demo video (if available)

  • Founders’ profiles

  • Financial projections and business model summary

Step 2: Visit the Official Portal

Go to the Startup India Seed Fund Scheme portal:
👉 https://seedfund.startupindia.gov.in/

Browse through the list of incubators and search for the Science & Technology Entrepreneurship Park (STEP).

Step 3: Fill Out the Application

  • Sign up as a startup on the portal.

  • Locate STEP from the incubator list.

  • Click “Apply Now” and complete the application form with all required details.

In your form, make sure to describe:

  • The problem your startup solves

  • The innovation behind your product

  • The target market and competitive edge

  • Your funding requirement and utilization plan

Step 4: Application Review

Your submission undergoes a two-step review:

  1. Initial Screening — for eligibility and document completeness.

  2. Evaluation Panel — shortlisted startups present their idea to experts and mentors.

Step 5: Selection and Funding

If selected, you’ll receive an official communication from STEP. The funding is released in tranches, linked to milestones like prototype completion or pilot validation.

Benefits of the STEP Seed Fund Incubator

The STEP Seed Fund Incubator offers much more than financial support. It’s an end-to-end startup growth platform.

1. Financial Support

Seed funding up to ₹50 lakhs to help startups move from concept to commercialization.

2. Access to Infrastructure

Startups get access to R&D labs, co-working spaces, prototyping tools, and testing facilities.

3. Expert Mentorship

Guidance from scientists, industry leaders, and experienced entrepreneurs.

4. Networking Opportunities

Regular demo days and investor interactions open doors to funding and partnerships.

5. Business Development Support

STEP helps startups refine business models, connect with customers, and build go-to-market strategies.

6. Credibility & Visibility

Being incubated under a DST-recognized institution enhances a startup’s credibility with investors and partners.

Why STEP Stands Out Among Other Incubators

STEP has a proven reputation for combining technical expertise with entrepreneurial mentorship.
Here’s what makes it special:

  • Strong linkage with universities and research centers

  • Customized mentoring tailored to each startup’s sector

  • Access to academic collaborations and innovation labs

  • Long-term post-funding support for scaling and sustainability

Unlike many incubators that stop at funding, STEP ensures startups are nurtured until they are market-ready.

Common Mistakes Founders Should Avoid

Even good ideas can fail to get shortlisted due to application errors. Avoid these pitfalls:

  • Submitting incomplete documentation

  • Using generic or unclear business plans

  • Overstating market size without data

  • Not explaining the innovation factor

  • Ignoring alignment with STEP’s technology-driven focus

Remember — clarity, data, and real-world impact make your application stand out.

Tips to Strengthen Your Application

  1. Highlight the Innovation: Explain how your idea is different from existing solutions.

  2. Show Market Potential: Use real data and customer insights.

  3. Focus on Impact: Emphasize economic, social, or environmental benefits.

  4. Prepare a Solid Pitch Deck: Include key metrics and a simple value proposition.

  5. Demonstrate Team Strength: Showcase diverse skill sets and experience.

Real Success Stories from STEP

Over the years, STEP has incubated several impactful startups, such as:

  • AgriTech Solutions Pvt. Ltd. — Developed AI-based soil monitoring systems, later raised ₹1 crore in angel investment.

  • MediSense HealthTech — Built affordable diagnostic devices for rural healthcare access.

  • EnerGlow Innovations — Created low-cost solar-powered lighting systems for remote regions.

These examples show how early-stage support from STEP can turn prototypes into full-scale businesses with national and global reach.

Why You Should Apply

The STEP Seed Fund Incubator isn’t just about funding — it’s about creating a nurturing ecosystem for innovation.
Startups benefit from guidance, exposure, and collaboration, making it one of the most impactful incubator programs under the Startup India Seed Fund Scheme.

If you have a tech-driven idea that can solve real-world challenges, this is your opportunity to transform it into a scalable venture.

Conclusion: Take Your First Step with STEP

The Science & Technology Entrepreneurship Park empowers India’s brightest innovators with the capital, mentorship, and ecosystem they need to succeed.

By applying for the STEP Seed Fund Incubator, you’re not just seeking funding — you’re stepping into a platform designed to turn ideas into impact.

Start your application today and join India’s growing network of change-makers.
Your innovation could be the next big success story emerging from STEP.