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How to Apply for Seed Fund Incubator at CGLS Foundation (STEP)

CGLS Foundation STEP Seed Fund

Introduction

Launching a startup is exhilarating but comes with challenges such as limited funding, mentorship, and operational resources. The CGLS Foundation (STEP) incubator, supported by the Atal Innovation Mission (AIM), NITI Aayog, provides early-stage startups with seed funding, mentorship, and infrastructure, enabling innovators to scale their ideas efficiently.

If you are asking “how to apply for seed fund incubator CGLS Foundation STEP?”, this guide covers eligibility, funding opportunities, step-by-step application, and expert tips to strengthen your application.

About CGLS Foundation (STEP)

STEP stands for Science, Technology, and Entrepreneurship Platform, a not-for-profit initiative under the CGLS Foundation, focused on fostering innovation-driven startups.

The incubator primarily supports:

  • Technology startups solving real-world problems

  • Social impact ventures creating measurable positive change

  • Early-stage entrepreneurs seeking seed capital, mentorship, and networking

Key Offerings of CGLS Foundation STEP:

  • Zero-Cost Incubation: Access to infrastructure, workspace, and labs without upfront charges

  • Mentorship & Guidance: Connect with industry experts, investors, and successful entrepreneurs

  • Networking Opportunities: Pitch events, workshops, accelerator programs, and investor meets

  • Seed Funding: Equity-free, milestone-based financial support to kickstart operations

Eligibility Criteria

Before applying, ensure your startup meets the following requirements:

  • Company Registration: Registered Private Limited Company, LLP, or OPC in India

  • Promoter Ownership: Minimum 51% shareholding by Indian promoters

  • Stage of Development: Early-stage startup with a prototype, MVP, or validated concept

  • Sector Focus: Preference for technology-driven or innovation-led startups

  • Compliance: Recognized by DPIIT

Meeting these criteria increases your chances of being selected for incubation and funding.

Seed Fund Programs at CGLS Foundation (STEP)

1. STEP Seed Fund

  • Funding Amount: Up to ₹50 lakh

  • Purpose: Product development, proof of concept, pilot testing, and market entry

  • Eligibility: Startups incubated at CGLS Foundation for a minimum of 3 months with validated technology or service

  • Disbursement: Milestone-based, with progress monitoring

2. Startup India Seed Fund Scheme (SISFS)

  • Funding Amount: Up to ₹50 lakh

  • Purpose: Operational costs, market testing, product development, and scaling

  • Eligibility: Early-stage startups incorporated within 2 years and incubated at recognized centers like STEP

  • Disbursement: Tranche-wise based on milestone achievement

Step-by-Step Guide to Apply

Step 1: Visit the Official Website

Go to the CGLS Foundation STEP portal to understand the program details, eligibility, and benefits.

Step 2: Registration

Create an account by providing your startup and founder information.

Step 3: Submit Expression of Interest (EOI)

Include:

  • Startup overview

  • Problem statement and innovative solution

  • Market research and competitive analysis

  • Business model and revenue projections

  • Founding team profiles

Step 4: Upload Required Documents

  • Certificate of Incorporation

  • DPIIT recognition certificate

  • Pitch deck or prototype demonstration

  • Financial statements (if available)

Step 5: Screening and Shortlisting

The incubator reviews applications. Shortlisted startups are invited for:

  • Pitch presentation

  • Due diligence assessment

  • Interaction with mentors and investors

Step 6: Onboarding

Selected startups sign an incubation agreement detailing:

  • Fund disbursement schedule

  • Milestones and reporting obligations

  • Access to mentorship and infrastructure

Step 7: Fund Disbursement

Funds are released in milestone-based tranches, ensuring accountability and progress tracking.

Tips for a Successful Application

  • Problem-Solution Fit: Clearly define the problem and how your solution is unique

  • Scalability: Show potential for regional or national growth

  • Strong Team: Highlight skills, experience, and complementary expertise

  • Market Understanding: Demonstrate knowledge of target market, competitors, and opportunities

  • Financial Planning: Provide realistic projections and a clear fund utilization plan

Success Stories

  • GreenAgriTech: Launched sustainable farming solutions and scaled across Gujarat using STEP support

  • SmartMedTech: Secured ₹40 lakh seed funding to develop health-tech solutions and expand operations

These success stories demonstrate how CGLS Foundation STEP Seed Fund can transform early-stage ventures into nationally recognized startups.

Conclusion

For innovators seeking mentorship, guidance, and seed funding, CGLS Foundation STEP is a strategic platform to accelerate growth. By preparing a strong application, demonstrating innovation and scalability, and aligning with STEP’s objectives, early-stage entrepreneurs can maximize their chances of selection.

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