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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.

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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.

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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.

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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.

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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.

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How to Apply for Seed Fund Incubator at Startup Stairs Pvt. Ltd.

Startup Stairs

Introduction

For many early-stage founders in India, having a great idea isn’t enough. The journey from concept to commercialization demands access to funding, mentorship, infrastructure, and a guiding ecosystem. Startup Stairs Pvt. Ltd. offers exactly that — it’s an incubator and accelerator focused on helping startups in emerging, high-impact sectors like drones, AI, robotics, EVs, and the informal economy.

Recognized by DPIIT and partnered with NSDC International, Startup Stairs has positioned itself as a seed-stage incubator. Through its programs, founders can access grant funding (including from the Startup India Seed Fund Scheme, SISFS), mentorship, prototyping support, business guidance, and networks.

This article is a detailed guide on how to apply for the Seed Fund Incubator at Startup Stairs, what criteria you must fulfill, how the application process works, tips for a successful application, and what benefits you can expect if selected.

What is Startup Stairs Pvt. Ltd.?

Startup Stairs is a DPIIT-recognized incubator and seed-stage accelerator based in Gurugram, Haryana. It is also an incubation centre partner with NSDC International.

Its mission is to empower founders in sectors like drones, EVs, AI/ML, robotics, IoT, as well as social impact and informal economy ventures. Startup Stairs aims to bridge the gap between innovation and commercialization, especially for under-served founders.

  • It operates a drone-centric incubation center with facilities for design, prototyping, regulatory support, and mentoring in the drone sector.

  • It is backed by government-linked partnerships: DPIIT recognition, NSDC International stake, skill-ecosystem alignment.

  • It offers various support services: product development, mentorship, go-to-market strategy, legal/finance guidance. Key Offerings & Programs at Startup Stairs

To understand what you are applying for, it’s important to know the types of support available:

  1. SISFS / Seed Grant Funding Startup Stairs is enabled to distribute seed funding under the Startup India Seed Fund Scheme. This assists startups with prototype development, product trials, market entry, etc.

  2. Sectoral Focus Areas Key sectors include drones, AI/ML, robotics, EVs, IoT, social impact, etc. Startup Stairs also has specific incubation for drones under “Drone Planet” and regulatory / prototyping support for hardware‐oriented innovation.

  3. Mentorship & Support Services Founders get access to domain experts for strategy, product design, finance, legal, marketing, regulatory compliance (especially for hardware / drone sectors), networking and investor connections.

  4. Government & Partner Backing The incubator has recognition from Startup India, DPIIT, and has received investment/stake from NSDC International. That gives credibility and also alignment with public-funded programs.

Eligibility Criteria

To apply for the seed fund incubator at Startup Stairs, ensure your startup meets these criteria:

  • Be a registered entity in India (Private Limited, LLP, or as required)

  • Innovator / founder team with a working prototype or proof of concept or early MVP, especially if you are hardware / drone / tech sector startup

  • Focus on sectors supported by Startup Stairs (drones, AI/Robotics, EVs, etc.) or social impact / informal economy solutions.

  • Founders should hold majority ownership and have legal compliance (incorporation documents, registrations).

  • Recognized under Startup India (preferable) or willing to get recognized. Startup Stairs is DPIIT recognized.

  • Some programs may prefer startups with certain readiness (prototype, tech platform) or positive net worth in case of growth acceleration programs.

Application Process: Step by Step

Here is how you can apply for the seed fund incubator at Startup Stairs:

Step 1: Visit the Startup Stairs Portal Go to their official website: to find the incubation/accelerator application page.

Step 2: Register & Submit Basic Application Fill out basic founder details, startup name, contact, sector, idea summary, and current stage (prototype, MVP, etc.).

Step 3: Prepare and Upload Documents Typical required documents include:

  • Certificate of Incorporation

  • Proof of concept / prototype details with data/photos/tests

  • Pitch Deck explaining problem, solution, market analysis, revenue model

  • Founders’ CVs

  • Any regulatory / compliance documents if relevant (especially for drones or hardware)

Step 4: Selection & Shortlisting Applications are first screened for eligibility, sector fit, and innovation potential. Startups may be asked for further clarification.

Step 5: Mentorship / Pitch / Assessment Shortlisted startups will be invited to pitch to the Startup Stairs committee. They may get mentorship input before final selection.

Step 6: Onboarding & Funding If selected, startups are onboarded: incubation support begins, seed funding is awarded (depending on program), mentorship starts, infrastructure access provided. Monitoring and periodic evaluations follow.

Funding Details & What to Expect

While exact amounts may vary by program, here is what the seed fund incubator at Startup Stairs typically offers:

  • Seed funding under Startup India Seed Fund Scheme (SISFS) for prototype development, product trials, market entry.

  • In specific acceleration programs, grants or funding between ₹20 lakh to ₹1 crore may be available for selected startups (e.g., in Growth Acceleration Program).

  • Support services often accompany funding: mentorship, legal & financial guidance, go-to-market planning, regulatory compliance help, networking.

Tips for a Successful Application

To increase your chances of being selected:

  1. Clearly Define the Problem & Solution Show why the problem matters, who suffers, how big the market is, and how your solution is unique.

  2. Prototype / Proof of Concept Even a basic MVP or working model helps. Especially in hardware sectors like drones or IoT, evidence of prototyping or testing makes a difference.

  3. Strong Team Profile Founders should have complementary skills (technology, business, compliance). Highlight prior experience, domain knowledge, or achievements.

  4. Realistic Plan & Use of Funds Be clear how you will use the funds (product development, regulatory compliance, marketing, etc.). Set milestones.

  5. Sector Fit & Alignment Since Startup Stairs has specific focus areas, aligning with their supported sectors (drone, AI, robotics, etc.) or informal economy/social impact will help.

  6. Regulatory & Compliance Preparedness Especially for drone/hardware startups, knowledge of regulatory environment, certifications, safety, etc., helps.

  7. Good Pitch Deck & Storytelling Visual, concise, impact-oriented. Show metrics, vision, potential scalability.

What You Gain When Selected

If selected into the incubator program at Startup Stairs, you typically gain:

  • Seed Funding to convert prototype into product or get market entry

  • Mentorship with domain experts, legal, finance, marketing advisors

  • Infrastructure & Labs (especially for drone / hardware / prototyping)

  • Networking with investors, partner companies, corporates, other startups

  • Visibility & Credibility, being associated with a DPIIT-recognized incubator and NSDC link

Example or Success Initiatives

  • Startup Stairs’ Growth Acceleration Program with 4i (Integrity, Inclusion, Innovation, Impact) offered seed funding from ₹20 lakh to ₹1 crore for 20 startups, focusing on the informal sector.

  • Their platform Drone Planet helps drone startups with specialized mentors, regulatory guidance, prototyping, access to market connections.

Conclusion

Applying for the Seed Fund Incubator at Startup Stairs Pvt. Ltd. is a unique opportunity for founders in tech, hardware, drones, AI, robotics, or impact sectors to access early funding, mentorship, and infrastructure. If you align with their supported sectors, have a prototype or clear proof-of-concept, and a dedicated team, Startup Stairs could accelerate your growth significantly.

Take time to prepare a strong application: understand your market, plan your milestones, polish your pitch deck, and be ready to show why your solution matters. When done right, incubation at Startup Stairs could be the difference between a promising idea and an impactful business.

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How to Apply for Seed Fund Incubator at SSN Incubation Foundation

SSN

Introduction

Launching a startup in India is both exciting and challenging. Early-stage founders are often full of innovative ideas and entrepreneurial drive but face a common set of challenges: limited funding, lack of mentorship, and minimal access to infrastructure or industry networks. These obstacles can slow growth, delay product development, or even halt promising ventures.

To overcome these hurdles, startups need access to structured incubation programs and seed funding. SSN Incubation Foundation (SSNIF) provides precisely this support, combining financial assistance, mentorship, networking, and infrastructure under one roof. By helping startups accelerate their growth, SSNIF ensures innovative ideas are not limited by resource constraints.

Founded by the prestigious SSN Institutions, SSNIF focuses on fostering technology-driven and socially impactful startups. The incubator emphasizes sectors like AI, IoT, HealthTech, EdTech, CleanTech, and deep-tech solutions, creating an ecosystem where startups can thrive from concept to commercialization.

This article serves as a complete guide for founders who want to apply for seed funding at SSN Incubation Foundation. It covers eligibility, funding programs, application steps, tips for a successful application, examples of successful startups, and the long-term benefits of incubation at SSNIF.

What is SSN Incubation Foundation?

SSN Incubation Foundation (SSNIF) is a technology business incubator established to support early-stage startups in India. SSNIF bridges the gap between innovative ideas and the market by providing seed funding, mentorship, technical resources, and an ecosystem conducive to rapid growth.

Key Objectives of SSNIF:

  1. Provide Seed Funding: Early-stage financial assistance to support product development, market entry, and operational costs.

  2. Mentorship & Guidance: Access to industry leaders, SSN faculty, and experienced entrepreneurs who provide strategic guidance.

  3. Infrastructure Support: Co-working spaces, meeting rooms, labs, and prototyping facilities that help startups validate products and scale efficiently.

  4. Networking & Market Access: Introductions to investors, corporates, and potential clients to expand market opportunities.

  5. Skill Development: Workshops, bootcamps, and training sessions to strengthen entrepreneurial and managerial competencies.

Why SSNIF Stands Out:

  • Prestigious Academic Backing: Leverages SSN Institutions’ research capabilities, faculty expertise, and industry collaborations.

  • Sectoral Focus: Priority sectors include AI, IoT, HealthTech, CleanTech, EdTech, and social impact innovations.

  • Equity-Free Seed Funding: Startups can receive funding without diluting ownership.

  • Holistic Support: Beyond financial aid, SSNIF provides mentorship, ecosystem connections, and access to prototyping facilities.

Seed Funding Programs at SSNIF

SSNIF offers startups multiple avenues for financial support to accelerate growth.

1. Startup India Seed Fund Scheme (SISFS)
Administered by the Department for Promotion of Industry and Internal Trade (DPIIT), this program provides equity-free seed funding for startups incubated at recognized centers like SSNIF.

Eligibility:

  • Private Limited Company or LLP registered in India

  • Early-stage startups with a prototype or working MVP

  • Incubated at SSNIF or another DPIIT-recognized incubator

  • Innovative, technology-driven solutions

  • Majority ownership by Indian promoters

Funding Details:

  • Up to ₹50 lakh per startup

  • Disbursed in milestone-based phases

  • Intended to cover product development, operational costs, and market entry

2. SSNIF Seed Fund
This in-house funding program is specifically designed for startups incubated at SSNIF.

Eligibility:

  • Minimum 3 months of incubation at SSNIF

  • Early-stage startups with scalable business models

  • Preference for technology-driven and socially impactful solutions

Funding Details:

  • Up to ₹50 lakh

  • Can be provided as equity, debt, or a combination

  • Requires quarterly reporting and annual audits

Eligibility Criteria

To apply for SSNIF seed funding, startups must meet the following conditions:

  • Incorporation: Must be a Private Limited Company or LLP registered in India

  • Ownership: At least 51% held by Indian founders

  • Stage of Development: Early-stage startups with a validated prototype or MVP

  • Sector Preference: Technology-driven, innovative, and socially impactful solutions

  • Government Recognition: DPIIT recognition is preferred but not mandatory

Application Process

Step 1: Visit the Official Website
Start by exploring the official SSNIF portal for incubation programs, funding options, and application forms.

Step 2: Register Your Startup
Create an account and provide basic information about your startup and founding team.

Step 3: Complete the Application Form
Include comprehensive details such as:

  • Startup overview, mission, and vision

  • Problem statement and your innovative solution

  • Market analysis, competitors, and target customers

  • Business model, revenue streams, and scalability plan

  • Financial projections and fund utilization plan

  • Team composition and expertise

Step 4: Submit Required Documents
Attach necessary documents:

  • Certificate of Incorporation

  • DPIIT Recognition (if available)

  • Pitch deck

  • Financial statements (if available)

  • Founders’ CVs

Step 5: Selection Process

  • Screening: Initial evaluation of innovation, scalability, and alignment with SSNIF focus sectors

  • Pitch Presentation: Shortlisted startups present to a selection committee

  • Due Diligence: Assessment of feasibility, operational readiness, and financial planning

  • Onboarding: Successful startups receive seed funding, mentorship, and access to SSNIF resources

Tips for a Successful Application

  • Clearly Define Problem-Solution Fit: Demonstrate the uniqueness and impact of your solution

  • Understand Your Market: Provide insights into customers, competitors, and industry trends

  • Highlight Scalability: Show potential for regional, national, or global growth

  • Showcase a Strong Team: Complementary skills and relevant experience strengthen credibility

  • Provide Realistic Financials: Include clear fund utilization plans and projections

  • Prepare a Compelling Pitch Deck: Ensure visual clarity, concise storytelling, and measurable impact metrics

Success Stories

Startups that have benefited from SSNIF’s incubation and seed funding include:

  • MedTech Innovations: Developed affordable healthcare solutions and scaled operations with SSNIF support

  • AI Solutions Startup: Leveraged mentorship and funding to deploy AI tools for business automation

  • CleanTech Startup: Prototyped energy-efficient products and gained market access through SSNIF

These success stories highlight the combined value of funding, mentorship, and ecosystem support.

Benefits Beyond Funding

SSNIF provides holistic support to ensure long-term growth:

  • Mentorship from SSN faculty and industry leaders

  • Access to co-working spaces, labs, and prototyping facilities

  • Networking with investors, corporates, and fellow entrepreneurs

  • Workshops, bootcamps, and skill development programs

  • Guidance on commercialization, fundraising, and market entry strategies

Conclusion

For early-stage startups, applying for the SSN Incubation Foundation seed fund incubator is a prime opportunity to access funding, mentorship, infrastructure, and a robust startup ecosystem. By following the application process, meeting eligibility criteria, and submitting a compelling proposal, founders can maximize their chances of selection. SSNIF equips startups to transform innovative ideas into scalable, impactful businesses that can thrive in competitive markets.

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  • Focus Keyword: SSNIF Seed Fund

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How to Apply for Seed Fund Incubator at Mazumdar Shaw Medical Foundation – Technology Business Incubator

Apply for Seed Fund Incubator at MSMF-TBI

Introduction

India’s health-tech and biotech ecosystem is booming — from AI-driven diagnostics to affordable medical devices, startups are redefining how healthcare is delivered. But scaling such innovations requires more than just ideas; it takes infrastructure, regulatory support, funding, and access to experts.

That’s where the Mazumdar Shaw Medical Foundation – Technology Business Incubator (MSMF-TBI) comes in. Established under the visionary leadership of Dr. Kiran Mazumdar-Shaw, the incubator operates at the intersection of healthcare, biotechnology, and entrepreneurship, helping startups turn scientific breakthroughs into viable businesses.

If you’re an early-stage founder working on a healthcare, med-tech, or biotech innovation, this article walks you through how to apply for the Seed Fund Incubator at MSMF-TBI, its eligibility criteria, funding details, benefits, and expert tips to strengthen your application.

About Mazumdar Shaw Medical Foundation – TBI

The Mazumdar Shaw Medical Foundation (MSMF) was established to promote medical innovation, translational research, and entrepreneurship in India. Its Technology Business Incubator (MSMF-TBI) is located within the Mazumdar Shaw Medical Center, Narayana Health City, Bengaluru, providing startups access to hospitals, clinicians, and cutting-edge biomedical infrastructure.

Supported by the Department of Science and Technology (DST) and Startup India Seed Fund Scheme (SISFS), MSMF-TBI focuses on enabling early-stage innovations that can make healthcare affordable, accessible, and technology-driven.

Key highlights:

  • One of India’s leading health-tech incubators recognized by Startup India.

  • Provides seed funding, lab space, and clinical validation support.

  • Close collaboration with Narayana Health’s hospital network for real-world testing.

  • Mentorship from doctors, biomedical engineers, regulatory experts, and investors.

Focus Areas

MSMF-TBI supports startups working across the healthcare and life-sciences spectrum, including:

  • Medical devices and diagnostics (hardware, software, sensors, wearables)

  • Biotech and life sciences (therapeutics, genomics, drug delivery systems)

  • Digital health (AI in healthcare, telemedicine, EMR platforms)

  • Assistive technology (prosthetics, rehabilitation tools)

  • Healthcare accessibility innovations (low-cost point-of-care devices, rural health solutions)

Why Choose MSMF-TBI?

Founders benefit from a comprehensive ecosystem designed to support both research and entrepreneurship:

  1. Clinical Access & Validation – Access to Narayana Health hospitals for trials, clinician feedback, and user validation.

  2. State-of-the-art Labs & Infrastructure – Biosafety labs, wet labs, device testing and prototyping facilities.

  3. Seed Funding Support – Grants under SISFS to develop prototypes, conduct trials, or scale production.

  4. Regulatory & IP Guidance – Legal and IP experts help with patents, certifications (CDSCO/ISO), and regulatory filings.

  5. Mentorship & Networking – Expert mentors from Biocon, Narayana Health, academia, and venture funds.

  6. Investor Access – Opportunity to pitch at demo days and connect with angel and VC networks.

Eligibility Criteria

To apply for the Seed Fund Incubator at MSMF-TBI, your startup must:

  • Be a DPIIT-recognized startup (or in the process of applying).

  • Be an Indian-registered entity (Private Limited, LLP, or similar).

  • Be working in health-tech, biotech, or med-tech innovation.

  • Have a prototype or proof of concept ready for testing or validation.

  • Be in the pre-revenue or early-revenue stage.

  • The founder(s) must hold a majority share in the company.

  • Must not have received more than ₹10 lakh of financial support under any other central/state seed fund scheme.

Step-by-Step Application Process

Step 1: Visit the MSMF-TBI Website

Go to https://msmf.in and navigate to the Incubation / Seed Fund section. Review the eligibility, documentation requirements, and program details.

Step 2: Register Your Startup

Create an account and fill in basic information such as startup name, founders’ profiles, problem statement, and current stage.

Step 3: Upload the Required Documents

Prepare the following:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate

  • Pitch Deck (Problem, Solution, Market, Revenue Model, Team, Financials)

  • Prototype details or working demo evidence

  • Utilization plan for the seed fund (R&D, prototyping, trials, IP, etc.)

Step 4: Screening and Evaluation

Applications are reviewed by MSMF-TBI’s selection committee, comprising domain experts, clinicians, and investors. They assess innovation, impact potential, feasibility, and scalability.

Step 5: Pitch Round

Shortlisted startups are invited to present their idea to the evaluation panel. You’ll be asked to highlight the problem you’re solving, uniqueness, market potential, and how funding will be used.

Step 6: Selection & Onboarding

Selected startups are onboarded into the incubation program. MSMF-TBI assigns mentors, provides access to lab facilities, and releases the seed grant in tranches based on milestone completion.

Funding Details

Under the Startup India Seed Fund Scheme (SISFS), startups incubated at MSMF-TBI can receive:

  • Up to ₹20 lakh for prototype development or product trials.

  • Up to ₹50 lakh for market entry, commercial scaling, or regulatory compliance.

  • Non-financial support: mentorship, legal and IP support, lab access, and clinical validation facilities.

The actual amount and structure depend on your startup’s readiness and milestones defined by the incubation team.

Key Tips for a Strong Application

  1. Show the Impact – Demonstrate how your solution improves accessibility, affordability, or quality of healthcare.

  2. Prototype Evidence – Include test data, user feedback, or early clinical validation, if available.

  3. Regulatory Awareness – Mention applicable standards (CDSCO, CE, ISO, FDA) and your roadmap for compliance.

  4. Strong Founding Team – Highlight clinical, technical, or entrepreneurial experience relevant to your domain.

  5. Clear Fund Utilization Plan – Specify milestones (e.g., clinical trial, prototype iteration, certification).

  6. Scalability and Market Insight – Show a real pathway to adoption in India and potentially global markets.

Benefits of Joining MSMF-TBI

Once onboarded, startups enjoy multiple advantages:

  • Access to Narayana Health’s clinical network for real-world validation.

  • Shared lab facilities for biotech, molecular biology, and device prototyping.

  • One-on-one mentoring with experts from Biocon and Narayana Health.

  • Business development and investor-readiness programs.

  • Visibility in health-tech and life-sciences investor networks.

  • Support in regulatory filings and patent applications.

Impact and Notable Startups

MSMF-TBI has supported numerous innovations addressing India’s critical healthcare challenges:

  • Dozee – A contactless health-monitoring system that originated under MSMF mentorship.

  • Sascan Meditech – Affordable oral cancer screening device developed and validated through the TBI ecosystem.

  • Axio Biosolutions – Innovators in wound-care biomaterials that benefited from early biotech mentorship.

These examples reflect the kind of scalable, impactful startups MSMF-TBI nurtures.

Conclusion

The Mazumdar Shaw Medical Foundation – TBI provides a one-of-a-kind platform for health-tech founders to validate, refine, and scale their innovations. From lab access to clinical validation, regulatory support to funding, the incubator bridges the gap between science and business.

If you’re building a med-tech, biotech, or health-innovation startup, applying to the Seed Fund Incubator at MSMF-TBI could be your gateway to transforming a scientific idea into a market-ready product with global potential.

Visit https://msmf.in to learn more and begin your application today.

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How to Apply for Seed Fund Incubator at Startup Incubation and Innovation Centre (SIIC) IIT Kanpur

SIIC IIT Kanpur

Introduction

In India’s growing entrepreneurial landscape, the Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur has become a key player in nurturing groundbreaking startups. Established in 2000 in collaboration with the Small Industries Development Bank of India (SIDBI), SIIC was created to bridge the gap between innovative ideas and market success.

Over the past two decades, it has helped build an ecosystem where early-stage founders can access mentorship, funding, research facilities, and strategic support to scale their ideas. The Seed Fund Incubator Program at SIIC IIT Kanpur, supported by the Startup India Seed Fund Scheme (SISFS), empowers promising entrepreneurs to bring their ideas to life.

If you are an early-stage founder with a strong business model and a working prototype, this guide will help you understand exactly how to apply for the Seed Fund Incubator at SIIC IIT Kanpur, the eligibility criteria, benefits, and key tips to strengthen your application.

About SIIC IIT Kanpur

The Startup Incubation and Innovation Centre (SIIC) is one of India’s oldest and most successful technology business incubators. Functioning under the Foundation for Research & Innovation in Science & Technology (FIRST), a Section 8 company promoted by IIT Kanpur, SIIC is a hub for innovation-driven entrepreneurship.

It has supported over 500 startups and 200+ innovators across sectors like CleanTech, AgriTech, MedTech, DeepTech, and Sustainable Development. SIIC provides physical incubation, virtual incubation, and funding support through government and corporate partnerships.

The centre is backed by multiple funding programs, including SIDBI, BIRAC, MeitY, and DST, allowing startups to access both seed funding and grants for product development and market entry.

Objective of the Seed Fund Incubator

The Seed Fund Incubator at SIIC IIT Kanpur aims to identify high-potential early-stage startups and provide them with both financial and infrastructural support to validate their ideas and achieve early market traction.

The program’s primary objectives are:

  • To enable innovators to transform prototypes into market-ready products.

  • To help startups achieve product-market fit and early customer validation.

  • To bridge the gap between idea-stage funding and venture capital readiness.

  • To provide access to IIT Kanpur’s labs, mentors, and research expertise.

Eligibility Criteria

Before applying, startups must ensure they meet the basic eligibility requirements for the Seed Fund Incubator at SIIC IIT Kanpur.

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

2. Age of Startup:
The startup should be less than 2 years old from the date of incorporation at the time of application.

3. Type of Entity:
Startups registered as a Private Limited Company, LLP, or Registered Partnership Firm are eligible.

4. Stage of Development:
The startup should have a prototype or proof of concept (PoC) that can be validated within six months.

5. Innovation Criteria:
The idea should involve novel technology, social impact, or innovation in product, process, or service delivery.

6. Funding Limit:
Startups that have not received more than ₹10 lakh in funding from any other government program are eligible to apply.

Funding Support Offered

Under the Startup India Seed Fund Scheme, SIIC IIT Kanpur provides:

  • Prototype/PoC Development Funding: Up to ₹20 lakh as a grant for product development, testing, or prototyping.

  • Market Entry and Commercialization Funding: Up to ₹50 lakh as a convertible debenture or debt-linked instrument for scaling and market validation.

  • Access to Mentors and Networks: Startups gain access to IIT Kanpur’s network of faculty experts, alumni entrepreneurs, and investors.

  • Infrastructure Support: Use of research labs, testing facilities, and co-working space within IIT Kanpur’s campus.

Application Process: Step-by-Step Guide

Here’s how you can apply for the Seed Fund Incubator at SIIC IIT Kanpur:

Step 1: Visit the SIIC IIT Kanpur Website

Go to the official portal — https://siicincubator.com.

Navigate to the Programs section and select the Seed Fund Incubation Program.

Step 2: Fill Out the Application Form

Complete the online application form, including:

  • Startup overview and problem statement

  • Product or solution details

  • Business model and revenue streams

  • Market potential

  • Team profile and expertise

Step 3: Upload Required Documents

Attach all mandatory documents such as:

  • Certificate of Incorporation

  • Startup India DPIIT Recognition Certificate

  • Pitch deck and business plan

  • Financial statements (if applicable)

  • Proof of concept (prototype images, testing results, etc.)

Step 4: Preliminary Screening

SIIC’s internal committee reviews your application for completeness and innovation viability.

Step 5: Evaluation by Expert Panel

Shortlisted startups are invited to pitch to an evaluation committee comprising IIT Kanpur faculty, investors, and domain experts.

Step 6: Due Diligence and Selection

After technical and financial due diligence, selected startups are onboarded into the incubation program and receive seed funding support.

Key Benefits of Joining SIIC IIT Kanpur

  1. World-Class Infrastructure
    Access to laboratories, testing equipment, rapid prototyping facilities, and co-working spaces at IIT Kanpur.

  2. Customized Mentorship
    Regular guidance from IIT Kanpur faculty, industry experts, and entrepreneurs in residence.

  3. Networking and Investor Access
    SIIC connects startups with investors, angel networks, and corporate partners.

  4. Brand Credibility
    Being incubated at IIT Kanpur adds credibility and enhances investor confidence.

  5. Knowledge Resources
    Startups gain access to workshops, entrepreneurship boot camps, and IP assistance.

  6. Comprehensive Support Ecosystem
    From ideation to scaling, SIIC supports every stage of a startup’s journey.

Documents Required

When applying, keep the following documents ready:

  • Certificate of Incorporation

  • Startup India Recognition Certificate (DPIIT)

  • Detailed pitch deck

  • Business plan

  • Proof of prototype

  • Bank account details

  • Founders’ PAN cards and Aadhaar

  • Financial projections

Selection Criteria

Startups are evaluated based on:

  • Innovation and Technology Readiness

  • Team Capability and Execution Potential

  • Scalability and Market Fit

  • Social or Economic Impact

  • Sustainability and Long-term Vision

The evaluation panel also considers the feasibility of the business model and the clarity of the problem-solution fit.

Success Stories from SIIC IIT Kanpur

1. Noccarc Robotics:
A MedTech startup incubated at SIIC that developed the Noccarc V310 ICU ventilator in record time during the COVID-19 pandemic.

2. Phool.co:
Started as a small idea to recycle temple flowers, Phool.co now produces eco-friendly incense sticks and biodegradable alternatives.

3. HelpUsGreen:
One of India’s most celebrated social impact startups, backed by SIIC, transforming floral waste into sustainable products.

4. E-Spin Nanotech:
A deep-tech venture developing nanofiber-based filtration technology with global applications.

Each of these startups demonstrates SIIC’s capability to transform innovation into scalable business models.

Tips for a Strong Application

  • Ensure your pitch deck highlights innovation, scalability, and sustainability.

  • Clearly define your problem statement and how your startup provides a unique solution.

  • Provide realistic financial projections with a clear funding requirement.

  • Emphasize team strength and prior achievements.

  • Keep all documents concise and professional.

Conclusion

The Seed Fund Incubator at SIIC IIT Kanpur is a gateway for India’s next generation of entrepreneurs to turn ideas into impact. Whether you are working in technology, sustainability, healthcare, or social innovation, this incubator offers a powerful mix of funding, mentorship, and world-class facilities.

With over 20 years of experience and hundreds of successful startups, SIIC IIT Kanpur continues to shape India’s innovation-driven future. If you have a market-ready prototype and the passion to scale your startup, this is the opportunity to bring your vision to life.

To learn more or start your application, visit www.siicincubator.com.

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How to Apply for Seed Fund Incubator at Rungta Business Incubator

RuBI Seed Fund

Introduction


Starting a startup is an exciting journey, but early-stage founders often face critical challenges such as limited access to funding, mentorship, and infrastructure. For entrepreneurs with innovative ideas, having a supportive ecosystem is essential to scale their ventures effectively. The Rungta Business Incubator (RuBI) offers exactly that—a platform to nurture startups with seed funding, mentoring, technical resources, and networking opportunities.

Located within Rungta Group of Institutions, RuBI is designed to support early-stage startups, helping them transform innovative concepts into scalable and sustainable businesses. By combining seed funding with mentorship and business acceleration services, RuBI ensures that startups are well-equipped to overcome challenges, validate their solutions, and reach the market successfully.

This article is a complete guide for entrepreneurs on how to apply for seed fund incubator RuBI, including eligibility criteria, application process, funding details, tips for success, and examples of startups that have benefited from RuBI’s incubation program.

What is Rungta Business Incubator (RuBI)?

Rungta Business Incubator (RuBI) is a technology and innovation-driven incubator established to promote entrepreneurship and startup culture within India. It serves as a bridge between early-stage startups and industry resources, providing comprehensive support in areas like funding, mentorship, product development, and market access.

Key Objectives of RuBI:

  • Promote Entrepreneurship: Encourage young innovators and entrepreneurs to commercialize technology-driven solutions.

  • Seed Funding: Provide financial support to early-stage startups to cover product development, operational costs, and market entry.

  • Mentorship & Advisory: Offer guidance from successful entrepreneurs, domain experts, and academic professionals.

  • Infrastructure Support: Access to co-working spaces, labs, prototyping facilities, and innovation workshops.

  • Networking & Market Access: Facilitate connections with investors, industry experts, and potential customers.

RuBI primarily focuses on startups in technology, manufacturing, energy, health, education, and social impact ventures, helping them convert ideas into actionable business solutions.

Why RuBI Stands Out

Rungta Business Incubator offers several advantages that make it a preferred choice for startups:

  • Sector-Specific Focus: Priority is given to technology-driven startups, social enterprises, and innovation-based ventures.

  • Zero-Cost Incubation: Selected startups can access office space, labs, and mentorship without upfront charges.

  • Equity-Free Seed Funding: Entrepreneurs retain full ownership while gaining financial support for scaling operations.

  • Holistic Support: Combines funding, mentoring, technical assistance, and market networking for accelerated growth.

By combining financial, technical, and business support, RuBI provides a nurturing environment for early-stage startups to thrive.

Seed Funding Programs at RuBI

RuBI provides startups with multiple funding options to help them develop, validate, and scale their products:

1. Startup India Seed Fund Scheme (SISFS)

Launched by DPIIT, SISFS is an equity-free seed funding program for early-stage startups.

Eligibility:

  • Must be registered as a Private Limited Company or LLP in India.

  • Early-stage startups with a prototype or proof of concept.

  • Incubated at RuBI or another recognized incubator.

  • Technology-driven, innovative solutions.

  • Majority ownership held by Indian promoters.

Funding Details:

  • Up to ₹50 Lakhs.

  • Disbursed in milestone-based phases.

  • Covers product development, operational costs, and market entry.

2. RuBI In-House Seed Fund

RuBI also offers an in-house seed fund to provide additional financial support to incubated startups.

Eligibility:

  • Startups incubated at RuBI for a minimum of 3 months.

  • Early-stage startups with scalable business models in focus sectors.

Funding Details:

  • Up to ₹50 Lakhs.

  • Can be equity-free, debt, or a combination.

  • Requires regular reporting and annual audits.

Eligibility Criteria

Startups should meet the following criteria to apply for RuBI’s seed funding:

  • Incorporation: Private Limited Company or LLP registered in India.

  • Promoter Ownership: At least 51% owned by Indian founders.

  • Stage of Development: Early-stage startups with validated prototypes or MVPs.

  • Sector Preference: Technology-driven, innovative, or social impact solutions.

  • Government Recognition: Startups recognized by DPIIT are preferred but not mandatory.

Application Process

Applying for seed funding at RuBI involves the following steps:

Step 1: Visit the Official Website

Explore RuBI’s official portal to access incubation programs, seed funding options, and application forms.

Step 2: Register Your Startup

Provide basic details about your startup and founders to create an account and unlock the application form.

Step 3: Fill the Application Form

Include detailed information such as:

  • Startup overview, mission, and vision

  • Problem statement and innovative solution

  • Market analysis, target audience, and competitors

  • Business model and revenue strategy

  • Financial projections and fund utilization plan

  • Team composition and expertise

Step 4: Submit Required Documents

Attach supporting documents such as:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate (if available)

  • Pitch deck

  • Financial statements (if any)

  • Founders’ CVs

Step 5: Selection Process

  • Screening: Initial evaluation based on innovation, scalability, and sector alignment.

  • Pitch Presentation: Shortlisted startups present their business idea to a selection committee.

  • Due Diligence: Assessment of operational feasibility, financial planning, and growth potential.

  • Onboarding: Selected startups are inducted into the incubator and gain access to seed funding, mentorship, and infrastructure.

Tips for a Successful Application

  • Clearly articulate the problem-solution fit.

  • Demonstrate market understanding and competitor awareness.

  • Highlight scalability potential—regional, national, or global.

  • Showcase a strong founding team with complementary skills.

  • Provide realistic financial projections and fund utilization plans.

  • Prepare a compelling, visually clear pitch deck.

Success Stories

Several startups have benefited from RuBI’s incubation program:

  • Tech Manufacturing Startup: Developed a smart manufacturing solution using RuBI labs and seed funding.

  • HealthTech Startup: Leveraged mentorship to launch telemedicine solutions for rural areas.

  • Renewable Energy Startup: Scaled clean energy innovations with RuBI’s guidance and investor connections.

These examples show how seed funding, mentorship, and incubation support accelerate growth and market readiness.

Benefits Beyond Funding

  • Mentorship from experienced entrepreneurs, industry experts, and academicians

  • Access to labs, prototyping facilities, and co-working spaces

  • Networking with investors, corporates, and startup ecosystem partners

  • Validation of business ideas and operational guidance

  • Exposure to workshops, bootcamps, and pitch competitions

Contact Information

  • Address: Rungta Business Incubator (RuBI), Rungta Group of Institutions, Bhilai, Chhattisgarh, India

  • Email: info@rungtabi.org

  • Phone: +91 788 222 3333

  • Website: www.rungtabi.org

Conclusion

Applying for seed fund incubator Rungta Business Incubator (RuBI) is an excellent opportunity for early-stage startups. By providing mentorship, funding, infrastructure, and networking, RuBI enables entrepreneurs to transform innovative ideas into scalable businesses. Following the application process, meeting eligibility criteria, and preparing a strong proposal can significantly improve a startup’s chances of selection.