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How to Apply for Seed Fund Incubator at Dayananda Sagar Entrepreneurship Research & Business Incubation Foundation

DERBI

Introduction

In India’s rapidly growing startup ecosystem, early-stage funding can make the difference between an idea remaining on paper and transforming into a scalable business. Dayananda Sagar Entrepreneurship Research & Business Incubation Foundation (DERBI), based in Bengaluru, Karnataka, is a leading incubator supporting technology-driven startups.

DERBI provides access to seed funding, mentorship, infrastructure, and industry networks under the Startup India Seed Fund Scheme (SISFS). This article offers a comprehensive guide on how to apply for DERBI’s incubation programs, including eligibility criteria, application steps, benefits, and tips for a successful application.

1. About DERBI Foundation

The Dayananda Sagar Entrepreneurship Research & Business Incubation Foundation (DERBI) was established to bridge the gap between innovation and commercialization. Operated under the umbrella of Dayananda Sagar University, DERBI is recognized by the Department of Science & Technology (DST) and the Ministry of Electronics & Information Technology (MeitY) as a Technology Business Incubator.

Vision and Mission

  • Vision: To nurture early-stage tech startups and create a sustainable entrepreneurial ecosystem.

  • Mission: To provide startups with funding, mentorship, and industry connections to scale their innovations successfully.

Key Focus Areas

DERBI primarily supports startups in sectors such as:

  • Information Technology & AI

  • IoT and Robotics

  • AgriTech and FoodTech

  • HealthTech and MedTech

  • CleanTech and Renewable Energy

  • Social Entrepreneurship and Education Technology

2. Understanding DERBI Seed Fund Programs

DERBI offers two main programs to support startups at different stages:

A. GALLOP – Seed Fund Incubation Program

  • Duration: Up to 2 years

  • Funding: ₹10 Lakhs to ₹40 Lakhs

  • Focus: Early-stage startups with working prototypes

  • Support Includes:

    • Mentorship in technology, business strategy, and marketing

    • Access to labs and prototyping facilities

    • Guidance on market entry, customer acquisition, and scaling

    • Networking opportunities with investors, corporates, and experts

    • Assistance in fundraising and commercial partnerships

GALLOP is ideal for startups that have a prototype or minimum viable product (MVP) and are ready to scale.

B. PACE – Pre-Incubation Program

  • Duration: 3–4 months

  • Focus: Nascent ideas and early-stage entrepreneurs

  • Support Includes:

    • Mentoring using the Stanford BioDesign methodology

    • Business model refinement

    • Customer discovery and market validation

    • Workshops and training on entrepreneurship fundamentals

PACE helps startups refine ideas, validate their market potential, and prepare for full-scale incubation.

3. Eligibility Criteria

Startups applying for DERBI’s seed fund programs must meet both SISFS and DERBI-specific eligibility:

SISFS Requirements

  • DPIIT Recognition: Preferred but not mandatory

  • Legal Status: Private Limited Company, LLP, or Partnership

  • Startup Age: Typically less than 3 years for early-stage programs

  • Annual Turnover: Should not exceed ₹100 Crores in any financial year

  • Government Funding History: Should not have received more than ₹10 Lakh for prototype development

DERBI-Specific Requirements

  • Technology-driven innovation with high commercial potential

  • Working prototype or proof-of-concept

  • Strong founding team with technical and entrepreneurial skills

  • Willingness to incubate physically or virtually at DERBI

  • Preference for startups in DERBI’s focus sectors

4. Step-by-Step Application Process

Applying for DERBI’s seed fund involves a structured process:

Step 1: Register on Startup India Portal

Step 2: Apply via DERBI Website

Step 3: Prepare Application Documents

  • Company registration certificate

  • PAN card and bank account details

  • Proof of concept or prototype documentation

  • Detailed business plan including market, competition, and revenue model

  • Funding requirement and utilization plan

  • Team profile with roles and expertise

Step 4: Screening

  • DERBI evaluates applications for innovation, feasibility, and market potential

Step 5: Pitch Presentation

  • Shortlisted startups present to a panel of mentors, investors, and domain experts

Step 6: Due Diligence

  • Legal, financial, and technical verification of the startup

Step 7: Onboarding & Fund Disbursement

  • Selected startups join DERBI incubation

  • Funds disbursed in tranches based on milestones

5. Benefits of Joining DERBI Foundation

💰 Seed Funding

  • Up to ₹40 Lakhs for early-stage tech startups

🧠 Mentorship

  • Guidance from successful entrepreneurs, domain experts, and investors

🏢 Infrastructure & Labs

  • Co-working spaces, prototyping labs, and advanced tools for development

🌱 Business Development Support

  • Assistance with fundraising, go-to-market strategies, and scaling

🌍 Networking Opportunities

  • Investor meets, corporate partnerships, and startup ecosystem events

📚 Skill Development

  • Workshops, bootcamps, and training in business, tech, and entrepreneurship

6. Success Stories

DERBI has helped multiple startups transform their ideas into scalable businesses:

  • AgriBot: Robotics and IoT solutions for smart agriculture

  • MediTrack: AI-powered healthcare analytics platform

  • SolarInnovate: Renewable energy solutions for rural and urban markets

  • EduTech Solutions: Technology-driven learning platforms

These startups have successfully leveraged DERBI’s resources, funding, and mentorship to achieve market validation and growth.

7. Why Choose DERBI Foundation

  • Government-recognized incubation under SISFS

  • Strong focus on technology-driven startups

  • Access to experienced mentors and investors

  • World-class labs, prototyping tools, and co-working spaces

  • Proven track record of scaling early-stage startups

  • Extensive networking and funding opportunities

8. Tips for a Successful Application

  1. Clearly articulate your problem statement and innovative solution

  2. Highlight your market validation and traction metrics

  3. Present a strong founding team with complementary skills

  4. Provide realistic financials and milestone-based funding plan

  5. Demonstrate the scalability and commercialization potential of your solution

  6. Emphasize any social or environmental impact

9. Contact Information

DERBI Foundation
Dayananda Sagar University, Bengaluru, Karnataka – 560068
📧 Email: info@derbifoundation.com
🌐 Website: https://derbifoundation.com/
📞 Phone: +91-6366885507

10. Conclusion

The Dayananda Sagar Entrepreneurship Research & Business Incubation Foundation (DERBI) is a launchpad for tech innovators, providing early-stage funding, mentorship, and infrastructure to turn ideas into scalable ventures.

Through programs like GALLOP and PACE, DERBI equips startups with the resources and guidance needed to navigate challenges, validate ideas, and expand their business.

For technology-driven entrepreneurs in Bengaluru and across India, DERBI offers an unparalleled opportunity to access funding, mentorship, and incubation support. 🚀

Apply today and transform your innovative idea into a successful, market-ready business.