Crescent Innovation & Incubation

Introduction

In a rapidly evolving entrepreneurial landscape, access to capital, mentorship, and infrastructure defines a startup’s success. The Crescent Innovation & Incubation Council (CIIC), located in Chennai, Tamil Nadu, has emerged as one of India’s most dynamic technology business incubators — nurturing ideas that transform industries and communities alike.

Supported by the Startup India Seed Fund Scheme (SISFS) under the Department for Promotion of Industry and Internal Trade (DPIIT), CIIC offers seed funding, incubation, and acceleration programs to empower early-stage founders.

This guide explains everything you need to know about how to apply for the Seed Fund Incubator at CIIC, including eligibility, application process, funding support, and benefits.


1. About Crescent Innovation & Incubation Council (CIIC)

The Crescent Innovation & Incubation Council (CIIC) is the official incubator of B.S. Abdur Rahman Crescent Institute of Science and Technology.

Established as a Section 8 Not-for-Profit organization, CIIC promotes entrepreneurial innovation by helping startups scale from ideation to market-ready ventures.

CIIC operates with the vision of “Empowering Innovators and Building Impactful Startups.” It provides a nurturing ecosystem for startups across sectors such as:

  • Agriculture & Food Technology

  • Renewable Energy & Sustainability

  • HealthTech & MedTech

  • Smart Manufacturing

  • Artificial Intelligence & IoT

  • EV & Mobility

  • Social Innovation and Education Technology

With its strong industry-academia linkages, technical labs, and funding programs, CIIC has become a launchpad for hundreds of innovators.


2. The Role of CIIC under Startup India Seed Fund Scheme (SISFS)

CIIC is one of the approved incubators under the Startup India Seed Fund Scheme (SISFS) — an initiative by the Government of India that provides financial assistance to startups in their early stages.

Under this program, CIIC offers:

  • Prototype Development Grants: Up to ₹20 lakhs

  • Market Entry / Commercialization Support: Up to ₹50 lakhs

The goal is to bridge the gap between concept and commercialization, ensuring that innovative ideas have the resources to scale effectively.


3. Eligibility Criteria for Startups

Before applying for CIIC’s Seed Fund, ensure your startup meets the required eligibility conditions:

Basic Eligibility (as per SISFS):

  • Must be recognized by DPIIT under the Startup India initiative.

  • Registered 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 be below ₹100 crore in any previous financial year.

  • Should not have received more than ₹10 lakh in funding from any other government scheme for prototype or seed support.

CIIC-Specific Eligibility:

  • Startup must demonstrate innovation, problem-solving ability, and scalability potential.

  • Preference is given to startups in CIIC’s focus areas like AgriTech, HealthTech, CleanTech, and DeepTech.

  • The core team should have technical expertise and commitment to execution.


4. Step-by-Step Application Process

Applying for the CIIC Seed Fund Incubation is a structured and transparent process:

Step 1: Register on Startup India Portal

Step 2: Apply through the SISFS Portal

  • Log in to the Startup India Seed Fund portal.

  • Choose Crescent Innovation & Incubation Council (CIIC) as your preferred incubator.

Step 3: Fill the Application Form

Provide detailed information, including:

  • Startup name and incorporation details

  • Founders’ profiles

  • Problem statement and proposed solution

  • Business model and target audience

  • Funding requirement and utilization plan

  • Prototype or market traction (if available)

Step 4: Screening by CIIC

  • CIIC’s internal team screens applications based on innovation, market potential, and team capability.

Step 5: Pitch Presentation

  • Shortlisted startups pitch before the Seed Fund Management Committee (SFMC) comprising investors, mentors, and domain experts.

Step 6: Due Diligence & Approval

  • Selected startups undergo legal, financial, and technical due diligence.

  • Final approval is granted by the CIIC Board and SFMC.

Step 7: Onboarding & Fund Disbursement

  • Startups are onboarded into CIIC’s incubation program.

  • Funds are released in tranches linked to milestone achievements.


5. Benefits of CIIC Seed Fund Incubator

💰 Financial Support

  • Access to up to ₹70 lakhs in seed funding under SISFS.

🧠 Mentorship Network

  • Get guidance from IIT alumni, industry veterans, and venture capital experts.

🏢 World-Class Infrastructure

  • Access to co-working spaces, IoT and electronics labs, rapid prototyping facilities, and meeting rooms.

🧭 Business Mentoring

  • Hands-on guidance in product-market fit, fundraising, and business strategy.

🌍 Networking & Collaboration

  • Exposure to investor networks, demo days, startup summits, and accelerator programs.

🧩 Corporate & Government Linkages

  • Partnerships with SIDBI, TANSEED, MSME-DI, and DST for extended support.

⚙️ Sector-Focused Acceleration

  • Specialized programs for AgriTech, EV, Renewable Energy, and HealthTech startups.


6. Notable Startups from CIIC

Over the years, CIIC has successfully incubated and mentored 150+ startups, with several achieving national recognition.

Some notable success stories include:

  • ePlane Company: Building electric aerial vehicles for urban transport.

  • Aindra Systems: Healthcare diagnostics powered by AI and imaging.

  • Aquafarm: IoT-based water monitoring system for aquaculture.

  • Solis BioDyne: Innovating sustainable bio-based materials.

These ventures showcase CIIC’s ability to turn deep-tech ideas into real-world impact.


7. Why Choose CIIC as Your Incubation Partner?

What makes CIIC stand out is its end-to-end startup ecosystem, offering not just funding but continuous mentorship, academic access, and market entry support.

Here’s what sets CIIC apart:

  • Strong university backing (B.S. Abdur Rahman Crescent Institute).

  • Access to expert faculty and R&D facilities.

  • Regular demo days and investor connects.

  • Customized startup acceleration programs.

  • Global collaboration opportunities with other incubators and corporates.


8. Tips for a Successful Application

  1. Highlight Innovation: Clearly explain how your product is different or better.

  2. Show Validation: If you have customer feedback or prototype testing results, include them.

  3. Market Readiness: Demonstrate scalability and commercialization potential.

  4. Team Capability: Highlight the experience, passion, and technical skills of the founders.

  5. Funding Utilization Plan: Be specific about how you’ll use the seed fund to achieve milestones.

  6. Social or Sustainability Impact: Emphasize environmental or social benefits if relevant.


9. Contact Details

Crescent Innovation & Incubation Council (CIIC)
B.S. Abdur Rahman Crescent Institute of Science & Technology
Vandalur, Chennai – 600048, Tamil Nadu
📧 Email: info@ciic.ventures
🌐 Website: https://ciic.ventures
📞 Phone: +91-44-22759200


10. Conclusion

The Crescent Innovation & Incubation Council (CIIC) represents the next generation of India’s innovation ecosystem — where young founders get access to the right mix of capital, mentorship, and infrastructure to make their ideas real.

Whether you’re building a hardware prototype, a digital platform, or a social innovation model — CIIC offers a strong support system that helps you move from concept to commercial success.

With the Startup India Seed Fund Scheme, CIIC empowers entrepreneurs to innovate confidently and build globally relevant businesses from India’s heartland.

If your startup is ready to grow, now is the time to apply for the Seed Fund Incubator at CIIC and unlock your innovation journey. 🚀

AIC-SMU

Introduction

In recent years, India’s startup landscape has expanded beyond metro cities, reaching the country’s most dynamic and emerging regions. Among the institutions leading this transformation is the AIC–SMU Technology Business Incubation Foundation (AIC–SMUTBI) — a pioneering startup incubator based in Sikkim, supported by Atal Innovation Mission (AIM), NITI Aayog.

AIC-SMUTBI was established to nurture entrepreneurial talent in the North-Eastern region and bridge the gap between innovation and implementation. By offering mentorship, workspace, funding support, and strategic guidance, AIC-SMUTBI has created an enabling environment for startups working in sectors such as technology, sustainability, tourism, agri-tech, clean energy, healthcare, and education.

For early-stage founders, one of the most valuable opportunities offered by the incubator is the Startup India Seed Fund Scheme (SISFS), which provides essential funding to transform prototypes into scalable ventures.


1. About AIC–SMUTBI

AIC–SMU Technology Business Incubation Foundation is hosted at Sikkim Manipal University, Gangtok, and is part of the Atal Innovation Mission’s nationwide network of Atal Incubation Centres. It serves as a catalyst for innovation and entrepreneurship across the North-Eastern region of India.

The foundation’s primary mission is to create a robust startup ecosystem in remote and underrepresented regions, enabling young innovators to:

  • Validate and commercialize their ideas

  • Build sustainable business models

  • Connect with mentors, investors, and global networks

Over the years, AIC-SMUTBI has supported more than 150 startups and helped many of them raise follow-on investments through its accelerator programs and government partnerships.


2. Understanding the Seed Fund Program

AIC-SMUTBI implements the Startup India Seed Fund Scheme (SISFS), launched by the Department for Promotion of Industry and Internal Trade (DPIIT), to provide financial assistance to startups for crucial early-stage activities such as:

  • Proof-of-concept development

  • Prototype building

  • Product trials and validation

  • Market entry and commercialization

Funding Categories

  1. Grant up to ₹20 lakhs:
    For proof-of-concept, prototype development, and product trials.

  2. Debt or Convertible Debentures up to ₹50 lakhs:
    For market entry, commercialization, or scaling activities.

The incubator ensures transparent evaluation, milestone-based disbursal, and continuous mentoring throughout the funding lifecycle.


3. Eligibility Criteria

Startups applying to AIC-SMUTBI for seed funding must fulfill the following Startup India Seed Fund Scheme eligibility norms:

  1. DPIIT Recognition:
    The startup must be recognized by DPIIT under the Startup India initiative.

  2. Incorporation:
    It should be registered as a Private Limited Company, LLP, or Partnership Firm in India.

  3. Startup Age:
    Should not be more than 10 years from the date of incorporation.

  4. Turnover Limit:
    The annual turnover must not have exceeded ₹100 crores in any financial year since inception.

  5. Innovative Idea:
    Must work toward development or improvement of a product, process, or service with a scalable business model and potential for employment generation.

  6. Equity & Ownership:
    At least 51 % shareholding should be held by Indian promoters.

  7. Stage:
    Preferably post-MVP (Minimum Viable Product) but pre-revenue, or early revenue stage.


4. Application Process

The application process for seed funding through AIC-SMUTBI is straightforward but detailed. Here’s a step-by-step guide:

Step 1: Register on the Startup India Portal

Create a profile and ensure your startup is recognized by DPIIT. Complete your company details, founders’ information, and product description.

Step 2: Select AIC-SMUTBI as Your Incubator

While applying for the Startup India Seed Fund Scheme, select “AIC-SMU Technology Business Incubation Foundation” as your preferred incubator.

Step 3: Submit the Application

Fill out the online application form with the following details:

  • Executive summary or pitch deck

  • Description of product/service

  • Problem-solution fit and target market

  • Financial projections and funding requirement

  • Founder details and previous traction

Step 4: Screening by Incubator Team

All applications undergo a technical and business feasibility review by experts and mentors associated with AIC-SMUTBI.

Step 5: Pitch to the Selection Committee

Shortlisted startups are invited to pitch before an evaluation committee comprising investors, domain experts, and representatives from academia and industry.

Step 6: Due Diligence and Approval

Once selected, the incubator conducts due diligence on financials, compliance, and ownership.

Step 7: Funding Disbursement & Mentorship

Approved startups receive funds in tranches, tied to predefined milestones such as prototype completion or market validation. The incubator continues to offer strategic mentoring and business development support.


5. Benefits of Joining AIC–SMUTBI

Startups incubated at AIC-SMUTBI gain access to a comprehensive ecosystem of support beyond just funding.

Key Benefits

  • Seed Funding: Financial support up to ₹70 lakhs (grant + debt) under SISFS.

  • Infrastructure Access: Co-working spaces, R&D labs, testing facilities, and product-development equipment at Sikkim Manipal University.

  • Mentorship: Guidance from global mentors, successful founders, and industry veterans across diverse domains.

  • Networking Opportunities: Direct access to investors, corporate partners, and ecosystem enablers.

  • Training & Workshops: Regular sessions on business planning, digital marketing, financial management, and fundraising.

  • Visibility & Exposure: Opportunities to participate in national-level demo days and international startup events.

  • Community Support: Collaboration with peer startups within the incubator for cross-learning and partnerships.

AIC-SMUTBI ensures that startups receive end-to-end support, right from ideation to scaling.


6. Focus Sectors

AIC-SMUTBI supports startups across a variety of high-impact sectors, including:

  • Technology & Innovation

  • Agri-Tech & Food Processing

  • Clean & Renewable Energy

  • Tourism & Hospitality

  • Healthcare & Wellness

  • Education & Skill Development

  • FinTech & Digital Solutions

  • Sustainable Products and Circular Economy

This diverse focus allows the incubator to nurture innovation relevant to both local communities and global markets.


7. Success Stories

AIC-SMUTBI has incubated numerous startups that have successfully scaled operations and attracted investment. Some notable examples include:

  • Echoes Innovations: A tech-driven tourism startup that leveraged AI to enhance travel experiences across North-East India.

  • Zippy EdTech: A digital learning platform that expanded nationwide after receiving seed funding and mentorship through AIC-SMUTBI.

  • GreenSpark Tech: A clean-energy startup that developed low-cost renewable solutions for remote villages.

These stories highlight how AIC-SMUTBI’s incubation model combines financial assistance, ecosystem access, and mentorship to help startups thrive.


8. Tips for a Successful Application

  1. Present a Clear Problem-Solution Fit: Define the market pain point and how your startup uniquely solves it.

  2. Demonstrate Market Understanding: Showcase research, customer validation, and competitive insights.

  3. Highlight Team Strengths: A strong founding team often weighs heavily in evaluation.

  4. Show Early Traction: Even pilot users, pre-orders, or letters of intent can build credibility.

  5. Focus on Scalability: Outline how your business can expand geographically or through new verticals.

  6. Prepare a Strong Pitch Deck: Keep it concise (10–12 slides) with clear financial projections and milestones.


9. Contact Information

For more details or to start your application:

AIC–SMU Technology Business Incubation Foundation (AIC-SMUTBI)
Sikkim Manipal University, Majitar, Rangpo – 737136, Sikkim, India
📧 Email: info@smutbi.com
📞 Phone: +91-3592-270-389
🌐 Website: www.smutbi.com


Conclusion

The AIC–SMU Technology Business Incubation Foundation (AIC-SMUTBI) stands as a beacon of innovation in India’s North-Eastern region. With the Startup India Seed Fund Scheme, it provides early-stage startups with the resources and guidance needed to bring their ideas to life.

Through mentorship, funding, infrastructure, and exposure, AIC-SMUTBI ensures that promising entrepreneurs from smaller towns get the same opportunities as those in metro cities. Whether you’re building a technology platform, a green-energy startup, or a social-impact venture, this incubator can be your ideal launchpad.

If you’re ready to scale your innovation, it’s time to apply to AIC-SMUTBI and turn your entrepreneurial dream into a success story.

DLabs ISB Hyderabad

Introduction

In India’s fast-growing startup ecosystem, business incubators have become the backbone of early-stage innovation. Among the country’s top-tier incubation centers, DLabs Incubator Association at the Indian School of Business (ISB), Hyderabad, stands out for its global outlook, strong academic foundation, and structured support for entrepreneurs.

DLabs empowers startups to transform ideas into sustainable businesses through strategic mentorship, access to funding, and powerful industry networks. As a Startup India Seed Fund Scheme (SISFS)-recognized incubator, it provides financial assistance to budding entrepreneurs, helping them develop prototypes, validate markets, and launch products successfully.

This comprehensive guide walks you through how to apply for the Seed Fund Incubator at DLabs ISB Hyderabad, along with eligibility requirements, benefits, and key insights into what makes DLabs a preferred choice for entrepreneurs.

1. About DLabs Incubator Association (ISB Hyderabad)

DLabs Incubator Association is the incubation and acceleration arm of the Indian School of Business (ISB), one of Asia’s leading business schools. Established under the Department of Science and Technology (DST), DLabs operates as a non-profit incubator supporting technology-driven and impact-focused startups.

The mission of DLabs is clear — to foster innovation and entrepreneurship through research-driven mentoring, funding, and networking opportunities.

DLabs collaborates with corporations, government agencies, and investors to help startups achieve product-market fit and commercial scalability. It has supported over 200 startups and facilitated investments worth crores in early-stage ventures.

Its strategic location within ISB ensures access to world-class faculty, business leaders, and policy experts, giving startups a unique advantage.

2. Understanding the Seed Fund Program

The Startup India Seed Fund Scheme (SISFS) at DLabs provides early-stage funding support to innovative startups to help them with proof-of-concept development, prototype creation, and commercialization.

The Seed Fund program is divided into two components:

  • 💡 Grant Support (Up to ₹20 Lakhs): For prototype development, testing, and initial validation.

  • 🚀 Seed Investment (Up to ₹50 Lakhs): Offered as debt, convertible debenture, or equity for startups ready for market entry or commercialization.

The fund is designed to fill the critical “funding gap” between idea validation and venture capital readiness, ensuring promising founders get the initial push needed to succeed.

3. Eligibility Criteria

Startups applying for seed funding through DLabs must meet the eligibility criteria defined by the Startup India Seed Fund Scheme (SISFS) and ISB’s internal selection guidelines.

The criteria include:

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

  2. Company Incorporation:
    Must be registered as a Private Limited Company, LLP, or Registered Partnership Firm in India.

  3. Startup Age:
    The entity must be less than 10 years old from the date of incorporation.

  4. Annual Turnover:
    Should not have exceeded ₹100 crores in any previous financial year.

  5. Innovation & Scalability:
    Must be working on a novel product, process, or service that demonstrates clear differentiation and market potential.

  6. Indian Ownership:
    At least 51% of the shareholding should be held by Indian promoters at the time of application.

  7. Stage of Development:
    The startup should ideally be at prototype or early-revenue stage, not yet raised substantial institutional funding.

4. Application Process

Applying to the DLabs Seed Fund Program involves several key steps to ensure only the most promising startups are selected for support.

Step 1: Register on Startup India Portal

Create an account on www.startupindia.gov.in and obtain your DPIIT recognition certificate.

Step 2: Choose DLabs ISB as Your Incubator

When applying under the SISFS, select “DLabs Incubator Association – ISB Hyderabad” as your preferred incubator.

Step 3: Prepare Documents

Startups need to prepare:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate

  • Pitch Deck

  • Financial Statements (if available)

  • Business Plan

  • Founder Profiles

  • Market Research and Fund Utilization Plan

Step 4: Submit Application

Log in to the Startup India Seed Fund Portal or visit dlabs.isb.edu to submit your complete application online.

Step 5: Screening and Shortlisting

The DLabs team reviews all applications to shortlist startups that align with their focus sectors and demonstrate innovation potential.

Step 6: Pitch Presentation

Shortlisted applicants are invited to pitch before an expert panel, including ISB faculty, investors, and industry mentors.

Step 7: Evaluation and Selection

The evaluation is based on parameters such as innovation, market size, team capability, and scalability.

Step 8: Fund Disbursement

Once approved, the funding is released in milestones tied to startup progress and deliverables.

5. Benefits of Joining DLabs ISB Hyderabad

Startups incubated under DLabs gain access to a comprehensive ecosystem designed to promote growth and innovation.

Here are the top benefits:

  1. 💰 Seed Funding:
    Financial assistance up to ₹50 lakhs to support prototype development and commercialization.

  2. 🧠 Mentorship from ISB Faculty:
    One-on-one mentoring from ISB professors, industry experts, and startup founders.

  3. 🌍 Networking Opportunities:
    Access to a network of investors, corporate partners, and government agencies.

  4. 📚 Business Support Services:
    Legal, accounting, marketing, and IP advisory services to strengthen business foundations.

  5. 🧩 Workshops and Bootcamps:
    Focused sessions on fundraising, scaling, and product-market fit.

  6. 🚀 Access to Global Ecosystem:
    ISB’s global partnerships provide exposure to international accelerators and investors.

  7. 🏢 Co-working Infrastructure:
    State-of-the-art workspaces and innovation labs located at ISB’s Hyderabad campus.

6. Focus Sectors at DLabs

DLabs supports startups in multiple domains, with special focus on:

  • Fintech

  • EdTech

  • AgriTech

  • CleanTech

  • HealthTech

  • DeepTech

  • Social Impact and Sustainability

This diverse portfolio ensures that both profit-driven and purpose-driven ventures find the right support structure.

7. Success Stories

DLabs ISB has played a pivotal role in supporting some of India’s most impactful startups:

  • EduFund: A financial planning platform helping Indian parents plan higher education investments.

  • Recykal: A digital platform enabling circular economy through waste management tech — now a leading CleanTech venture.

  • Kheyti: A social enterprise offering affordable greenhouses to small farmers, featured in global innovation platforms.

  • Quest Global & Uclean: Startups mentored and scaled through DLabs’ ecosystem.

These success stories demonstrate DLabs’ commitment to combining innovation with sustainable business outcomes.

8. Contact Information

📍 DLabs Incubator Association (ISB Hyderabad)
Indian School of Business, Gachibowli, Hyderabad – 500111, Telangana

📧 Email: dlabs@isb.edu
🌐 Website: https://dlabs.isb.edu
📞 Phone: +91-40-2318-7320

9. Conclusion

The DLabs Incubator Association at ISB Hyderabad represents the perfect blend of academic excellence and entrepreneurial dynamism. With its strong focus on innovation, mentorship, and funding, DLabs provides early-stage startups the resources they need to build scalable, impactful ventures.

Whether you’re developing a disruptive technology, a sustainable business model, or an innovative social enterprise, DLabs can help you navigate from idea to impact.

By applying for the Seed Fund under the Startup India Seed Fund Scheme, entrepreneurs not only receive financial backing but also become part of ISB’s rich ecosystem — one that thrives on collaboration, learning, and leadership.

WEHUB Foundation

Introduction

In today’s competitive startup ecosystem, early-stage funding and strategic guidance are critical for transforming innovative ideas into scalable businesses. One such platform empowering entrepreneurs, particularly women-led startups, is the WEHUB Foundation.

Supported under the Startup India Seed Fund Scheme (SISFS), WEHUB Foundation provides early-stage startups with mentorship, seed funding, and access to networks that help accelerate growth. The foundation is dedicated to fostering inclusive entrepreneurship, providing resources, infrastructure, and business support to startups across India.

This article provides a comprehensive guide on how to apply for the Seed Fund Incubator at WEHUB Foundation, including eligibility criteria, step-by-step application process, benefits, sectoral focus, and success stories.


1. About WEHUB Foundation

The WEHUB Foundation is a premier incubator focused on empowering women entrepreneurs while supporting early-stage startups across sectors like technology, social innovation, healthcare, and more.

The incubator offers a comprehensive ecosystem, including mentorship from industry leaders, networking opportunities, infrastructure support, and seed funding. By bridging the gap between idea and execution, WEHUB Foundation ensures that startups not only survive but thrive in the competitive market landscape.

With a strong track record of incubating over 100 startups, WEHUB has played a pivotal role in shaping India’s entrepreneurship ecosystem, especially for women entrepreneurs.


2. Overview of the Seed Fund Program

Under the Startup India Seed Fund Scheme (SISFS), WEHUB Foundation provides financial assistance to startups to support prototype development, product trials, market entry, and commercialization.

Funding Components Include:

  • 💡 Grant Support up to ₹20 Lakhs:
    For proof-of-concept, prototype development, and initial testing.

  • 🚀 Seed Funding up to ₹50 Lakhs:
    For commercialization, early market entry, and scaling operations.

Funding is generally released in milestone-based installments, ensuring accountability and steady progress toward business goals.

The Seed Fund Program at WEHUB is specifically designed to empower women entrepreneurs, though it is open to startups across all sectors.


3. Eligibility Criteria

To qualify for the Seed Fund Incubator at WEHUB Foundation, startups must meet the following criteria:

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

  2. Entity Type:
    Must be registered as a Private Limited Company, LLP, or Registered Partnership Firm.

  3. Startup Age:
    The startup should be less than 10 years old from the date of incorporation.

  4. Annual Turnover:
    Annual turnover should not exceed ₹100 crore in any financial year since incorporation.

  5. Innovation & Scalability:
    Must demonstrate a novel product, process, or service with high growth potential.

  6. Indian Ownership:
    At least 51% of the shareholding should be held by Indian promoters.

  7. Sectoral Focus:
    Startups working in technology, healthcare, social innovation, clean energy, or other high-impact sectors are preferred.

4. Step-by-Step Application Process

Applying for the Seed Fund at WEHUB Foundation is a structured process designed to identify and support high-potential startups.

Step 1: Register on Startup India Portal

Create an account on www.startupindia.gov.in and obtain DPIIT recognition.

Step 2: Choose WEHUB Foundation as Your Incubator

Select WEHUB Foundation as your preferred incubator when applying under the SISFS.

Step 3: Prepare Required Documents

Required documents include:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate

  • Pitch Deck and Business Plan

  • Founder/Team Profiles

  • Financial Statements (if applicable)

  • Fund Utilization Plan

Step 4: Submit Application

Submit your application online through the Startup India portal or WEHUB Foundation’s official website.

Step 5: Screening & Shortlisting

Applications are evaluated based on innovation, scalability, and team capability. Shortlisted startups are invited to a pitch session.

Step 6: Evaluation & Pitch

Startups present their ideas to a panel of mentors, investors, and industry experts. The evaluation focuses on the problem being solved, uniqueness of solution, market potential, and execution strategy.

Step 7: Fund Disbursement

Selected startups receive funds in tranches based on milestone achievements and performance evaluations.

5. Benefits of Incubation at WEHUB Foundation

Startups incubated at WEHUB Foundation gain access to a comprehensive support ecosystem:

  1. 💰 Seed Funding:
    Financial support up to ₹50 lakhs to fuel growth and scale operations.

  2. 🧠 Mentorship & Guidance:
    Access to experienced entrepreneurs, industry leaders, and domain experts.

  3. 🏢 Infrastructure & Resources:
    Co-working spaces, labs, and prototyping facilities to support product development.

  4. 🌍 Networking Opportunities:
    Connections with investors, corporates, government agencies, and fellow startups.

  5. 📚 Workshops & Training Programs:
    Sessions on fundraising, marketing, operations, IP, and business strategy.

  6. 🧩 Women-Centric Support:
    Specialized programs for women entrepreneurs, including mentorship, funding, and visibility.

  7. 🚀 Global Exposure:
    Opportunities to participate in international accelerators, pitch competitions, and conferences.

6. Focus Sectors at WEHUB Foundation

WEHUB Foundation supports startups across multiple high-impact sectors:

  • Women-led enterprises

  • Technology & IT Solutions

  • HealthTech & MedTech

  • Clean & Renewable Energy

  • Social Enterprises

  • Education & Skill Development

  • AgriTech & Rural Innovation

This focus ensures that both technology-driven and social-impact startups are supported with tailored resources.

7. Success Stories

WEHUB Foundation has successfully incubated startups that have achieved funding, market traction, and social impact. Examples include:

  • SakhiTech: Digital solutions empowering women entrepreneurs across rural India.

  • GreenFuture: Clean energy startup providing affordable solar solutions.

  • SkillConnect: EdTech platform improving employability skills for underprivileged youth.

These success stories reflect the incubator’s ability to transform ideas into scalable ventures that create tangible impact.

8. Contact Information

📍 WEHUB Foundation
[City], India

📧 Email: info@wehubfoundation.org
🌐 Website: www.wehubfoundation.org
📞 Phone: +91-XXXXXXXXXX

9. Conclusion

The WEHUB Foundation is a leading platform for startups, especially women-led ventures, providing seed funding, mentorship, and infrastructure support. By leveraging the Startup India Seed Fund Scheme, startups can access resources critical for turning innovative ideas into successful, scalable businesses.

If you are an entrepreneur aiming to make an impact, WEHUB Foundation offers the perfect ecosystem to accelerate growth, gain visibility, and build a sustainable business.

JSS STP

Introduction

In today’s rapidly evolving startup landscape, the right guidance, funding, and mentorship can make all the difference between an idea and a thriving business. One such institution paving the way for innovation is the JSS Science and Technology Entrepreneurs’ Park (JSS STP), housed within JSS Academy of Technical Education (JSSATE), Bengaluru.

Recognized under the Startup India Seed Fund Scheme (SISFS), JSS STP is dedicated to nurturing early-stage entrepreneurs by providing access to funding, technical infrastructure, and business mentorship.

This article serves as a complete guide on how to apply for the Seed Fund Incubator at JSS STP, along with eligibility criteria, step-by-step application details, and insights into why JSSATE’s incubator has become a preferred destination for emerging founders across India.

1. About JSSATE Science and Technology Entrepreneurs’ Park (JSS STP)

The JSS Science and Technology Entrepreneurs’ Park (STP) was established under the guidance of the JSS Mahavidyapeetha, Mysuru, a renowned educational institution with decades of contribution to technical education and innovation in India.

Located within JSS Academy of Technical Education (JSSATE), Bengaluru, the park serves as a hub for technology-driven entrepreneurship, bridging the gap between academia and industry.

Its primary objective is to promote entrepreneurship among students, researchers, and innovators, enabling them to convert innovative ideas into viable commercial ventures.

Through strategic collaborations with the Department of Science and Technology (DST), Startup India, and various industry partners, JSS STP offers not just funding but also a nurturing ecosystem that drives real-world innovation.

2. Overview of the Seed Fund Program

Under the Startup India Seed Fund Scheme (SISFS), JSS STP offers financial assistance to early-stage startups to support prototype development, testing, market validation, and scaling.

This scheme ensures that deserving startups get the critical funding support required to move from the idea stage to a full-fledged business.

Funding Components Include:

  • 💡 Grant Support (Up to ₹20 Lakhs):
    For prototype development, product trials, and proof-of-concept validation.

  • 🚀 Seed Investment (Up to ₹50 Lakhs):
    For startups ready for commercialization and early market entry.

The fund aims to help founders navigate the initial challenges of building a business, bridging the crucial “valley of death” between innovation and investor readiness.

3. Eligibility Criteria

Startups applying for the JSS STP Seed Fund must meet the eligibility conditions as prescribed under the SISFS framework and the incubator’s internal policies.

Here’s what you need to qualify:

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

  2. Entity Type:
    The startup should be a Private Limited Company, LLP, or Registered Partnership Firm in India.

  3. Startup Age:
    Should be less than 10 years old from the date of incorporation.

  4. Annual Turnover:
    Should not exceed ₹100 crores in any financial year.

  5. Innovation & Differentiation:
    Must be working on a novel, technology-driven, and scalable idea with clear problem-solving potential.

  6. Indian Ownership:
    At least 51% shareholding should be held by Indian promoters.

  7. Stage of Development:
    Should be in the prototype or early validation stage, not yet raised significant external funding.

4. Application Process: Step-by-Step Guide

Applying for the Seed Fund at JSSATE Science and Technology Entrepreneurs’ Park involves a structured process designed to identify and support the most promising ventures.

Step 1: Register with Startup India

Visit www.startupindia.gov.in and obtain DPIIT recognition for your startup.

Step 2: Choose JSS STP as Your Incubator

While applying under the Startup India Seed Fund Scheme, select “JSS Science and Technology Entrepreneurs’ Park (JSSATE, Bengaluru)” as your preferred incubator.

Step 3: Prepare Required Documents

You’ll need the following documents for submission:

  • DPIIT Recognition Certificate

  • Certificate of Incorporation

  • Detailed Pitch Deck

  • Founder/Team Profiles

  • Business Plan & Market Research

  • Fund Utilization Plan

  • Financial Statements (if available)

Step 4: Online Application

Submit your complete proposal either through the Startup India portal or directly on JSS STP’s official website.

Step 5: Screening Process

The applications are reviewed for eligibility, innovation, and scalability potential. Shortlisted startups are invited for a pitch session.

Step 6: Pitch Presentation & Evaluation

A jury of experts including academicians, investors, and industry professionals evaluate the startup’s business model, innovation quotient, and execution plan.

Step 7: Selection & Funding

Selected startups receive the seed fund in tranches, linked to their performance and milestone achievements.

5. Benefits of Incubation at JSS STP

Startups joining JSS STP gain access to a powerful ecosystem of resources and opportunities that go far beyond funding.

Here’s what makes JSS STP special:

  1. 💰 Seed Funding Support:
    Early-stage funding up to ₹50 lakhs to turn your prototype into a market-ready product.

  2. 🧠 Expert Mentorship:
    One-on-one guidance from successful entrepreneurs, industry leaders, and JSSATE faculty.

  3. 🧩 Technical Infrastructure:
    Access to labs, testing facilities, co-working spaces, and prototyping tools on campus.

  4. 🌍 Networking & Industry Linkages:
    Connect with angel investors, venture capitalists, and government stakeholders.

  5. 📚 Business Development Workshops:
    Training in fundraising, marketing, IP protection, and financial management.

  6. ⚙️ Access to Academic Resources:
    Collaboration with JSSATE’s engineering and management departments for R&D support.

  7. 🌱 Sustainability and Impact Focus:
    Encouragement for startups building solutions in sustainability, healthcare, clean energy, and social impact.

6. Focus Sectors Supported by JSS STP

JSS STP supports startups across a range of sectors with high potential for innovation and scalability, including:

  • HealthTech & MedTech

  • AgriTech

  • Clean & Renewable Energy

  • Internet of Things (IoT)

  • Artificial Intelligence & Machine Learning

  • Robotics & Automation

  • EdTech

  • Social Impact & Sustainability

This diverse sectoral focus ensures that both tech-driven and socially impactful ventures receive equal attention and support.

7. Success Stories

Over the years, JSS STP has incubated numerous successful startups that have gone on to raise funding, scale operations, and make a measurable impact.

A few notable examples include:

  • SmartR Energy: Developing smart monitoring systems for renewable energy optimization.

  • AgroTech Innovations: Empowering farmers with affordable AgriTech tools for data-driven cultivation.

  • MedAssist: A healthcare solution providing teleconsultation tools for rural India.

These success stories underline how JSS STP doesn’t just fund startups — it builds impactful innovators who create value for society.

8. Contact Details

📍 JSS Science and Technology Entrepreneurs’ Park (JSS STP)
JSS Academy of Technical Education (JSSATE),
Dr. Vishnuvardhan Road, Uttarahalli-Kengeri Main Road, Bengaluru – 560060

📧 Email: info@jssstp.org / jssate@jssstp.org
🌐 Website: https://www.jssstp.org
📞 Phone: +91-80-2861-2565

9. Conclusion

The JSSATE Science and Technology Entrepreneurs’ Park (JSS STP) has become a launchpad for innovators who dream of building solutions that truly make a difference.

By combining technical expertise, business mentorship, and access to the Startup India Seed Fund Scheme, JSS STP ensures that startups get the perfect mix of funding and strategic support to scale confidently.

If you have a groundbreaking idea but lack the initial push — JSS STP could be your ideal starting point. Its holistic incubation model ensures you’re not just building a startup but also shaping the future of innovation in India.

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. 🚀

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. 🌸

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.

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.

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.