Tag Archive for: Seed funding for startups India

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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 Seed Fund Incubator Centre Shiv Nadar AIC Research Foundation

How to apply for seed fund incubator AIC Shiv Nadar Foundation

Introduction

Starting a startup is a thrilling journey, but one of the most common challenges for early-stage entrepreneurs is access to resources. Even the most innovative ideas require seed funding, mentorship, and infrastructure support to transform into scalable businesses. The Centre Shiv Nadar AIC Research Foundation, an Atal Incubation Centre (AIC) promoted by the Shiv Nadar Foundation, is dedicated to providing exactly that support to aspiring entrepreneurs.

This incubator is designed to nurture early-stage startups by offering equity-free seed funding, mentorship from industry experts, access to state-of-the-art infrastructure, and exposure to investors and networks. By providing a structured and holistic ecosystem, the AIC Shiv Nadar Foundation ensures that entrepreneurs are not only financially supported but also guided in scaling their startups successfully.

In this article, we’ll guide you through everything you need to know about applying for seed funding at the AIC Shiv Nadar Research Foundation, including eligibility, the application process, funding details, tips for successful applications, and notable success stories.

What is Centre Shiv Nadar AIC Research Foundation?

The Centre Shiv Nadar AIC Research Foundation is part of the Atal Incubation Centre (AIC) network, established under the Atal Innovation Mission (AIM), NITI Aayog. The foundation aims to promote entrepreneurship and innovation in India, especially in technology-driven and socially impactful sectors.

The incubator is located within the Shiv Nadar University campus, providing startups with access to advanced research labs, innovation centers, and collaborative workspaces. Its mission is to empower startups with funding, mentorship, and strategic guidance to accelerate their growth.

Key Features:

  • Mentorship & Guidance: Access to seasoned industry experts, academicians, and successful entrepreneurs.

  • Infrastructure Support: Co-working spaces, laboratories, and prototyping facilities.

  • Networking & Exposure: Opportunities to connect with investors, corporates, and fellow startups.

  • Workshops & Bootcamps: Regular events to enhance entrepreneurial skills and market readiness.

The incubator specifically focuses on sectors like AI & Machine Learning, HealthTech, AgriTech, CleanTech, FinTech, and Social Impact Ventures, ensuring startups receive domain-specific support.

Key Offerings of AIC Shiv Nadar Foundation

The AIC Shiv Nadar Research Foundation offers several benefits that can accelerate startup growth:

1. Zero-Cost Incubation

Startups admitted to the incubator receive office space, labs, and resources at no upfront cost. This allows founders to focus entirely on product development, customer acquisition, and business growth.

2. Equity-Free Seed Funding

Selected startups can receive seed funding without diluting equity, giving founders financial support while maintaining full control of their business.

3. Mentorship

The incubator provides structured mentorship programs where industry veterans and technical experts guide startups in strategy, operations, product development, and fundraising.

4. Networking Opportunities

Startups can engage with investors, corporates, and peer entrepreneurs through events, demo days, and industry workshops.

5. Sectoral Focus

The foundation emphasizes high-impact sectors, including:

  • AI & Machine Learning

  • HealthTech & MedTech

  • CleanTech & Sustainability

  • AgriTech & FoodTech

  • FinTech & Digital Solutions

  • Social Impact Ventures

This sectoral approach ensures startups receive tailored support based on industry-specific challenges and opportunities.

Eligibility Criteria

Before applying for seed funding and incubation at AIC Shiv Nadar Research Foundation, ensure your startup meets the following criteria:

  • Incorporation: Registered as a Private Limited Company or LLP in India.

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

  • Stage of Development: Early-stage startups with scalable business models, preferably with a working prototype or MVP.

  • Sector Preference: Startups should be technology-driven or innovation-led, with potential social or economic impact.

  • Government Recognition: DPIIT recognition is preferred but not mandatory.

Application Process

The application process for seed funding at AIC Shiv Nadar Research Foundation is designed to evaluate startups on innovation, scalability, and market potential.

Step 1: Visit the Official Website

Go to the AIC Shiv Nadar Foundation website to access program details and application links.

Step 2: Register Your Startup

Create an account by submitting basic information about your startup, founders, and contact details.

Step 3: Complete the Application Form

Provide detailed information including:

  • Startup Overview: Mission, vision, and problem statement.

  • Problem & Solution: Clearly define the market problem and how your solution addresses it.

  • Market Analysis: Include customer demographics, competitors, and market size.

  • Business Model: Explain revenue generation, pricing strategy, and scalability.

  • Financial Projections: Show projected revenue, costs, and fund requirements.

  • Team Composition: Highlight founders’ expertise and experience.

Step 4: Submit Supporting Documents

Attach necessary documents such as:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate (if available)

  • Pitch Deck

  • Financial Statements (if any)

  • Founders’ CVs

Step 5: Selection Process

Applications go through a multi-stage evaluation process:

  1. Screening: Initial review of business potential, innovation, and alignment with AIC objectives.

  2. Pitch Presentation: Shortlisted startups present their ideas to the selection committee.

  3. Due Diligence: Assessment of feasibility, financials, and operations.

  4. Onboarding: Selected startups join the incubation program and access funding, mentorship, and infrastructure.

Funding Details

AIC Shiv Nadar Foundation provides two primary funding streams:

1. Startup India Seed Fund Scheme (SISFS)

  • Funding Amount: Up to ₹50 lakh

  • Purpose: Product development, market entry, and operational costs

  • Disbursement: Milestone-based

  • Eligibility: Startups incorporated within the last 2 years, developing innovative solutions

2. AIC Shiv Nadar Seed Fund

  • Funding Amount: Up to ₹50 lakh

  • Instrument: Can be equity, debt, or a mix

  • Eligibility: Startups incubated at AIC for a minimum of 3 months

  • Reporting: Quarterly financial reporting and annual audits

Both funding streams provide financial support while minimizing the pressure to dilute ownership, helping founders retain control over their ventures.

Tips for a Successful Application

  • Articulate Problem-Solution Fit: Demonstrate how your product uniquely addresses a real-world problem.

  • Show Market Understanding: Highlight customer needs, competitors, and trends.

  • Emphasize Scalability: Show potential for regional, national, or global expansion.

  • Showcase a Strong Team: Investors value complementary skills and relevant expertise.

  • Provide Financial Clarity: Present realistic projections and clear utilization plans for seed funds.

  • Craft a Compelling Pitch Deck: Use visuals and clear messaging to make a strong impression.

Success Stories

Several startups have benefited from AIC Shiv Nadar Foundation’s incubation and seed funding:

  • AgriSolutions: Leveraged mentorship and funding to develop an AI-driven platform for precision farming.

  • HealthTech Innovations: Scaled their telemedicine platform nationwide with guidance from AIC mentors.

  • GreenTech Ventures: Developed sustainable solutions in the clean energy sector and secured seed funding for commercialization.

These examples highlight how funding, mentorship, and ecosystem support can transform early-stage ideas into thriving businesses.

Benefits Beyond Funding

Seed funding is just one part of the support system. Incubation at AIC Shiv Nadar Foundation offers:

  • Mentorship from Industry Leaders

  • Access to Workshops, Bootcamps, and Networking Events

  • Opportunities for Product Validation and Market Testing

  • Exposure to Potential Investors, Partners, and Clients

This holistic approach ensures that startups are well-equipped for sustainable growth and long-term success.

Conclusion

For early-stage startups, applying for seed funding at AIC Shiv Nadar Foundation is a golden opportunity. The combination of financial support, mentorship, infrastructure, and networking creates a fertile ground for innovation and growth.

By following the application process, meeting eligibility criteria, and preparing a strong proposal, founders can maximize their chances of joining the incubation program and transforming their ideas into scalable businesses.

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How to Apply for Seed Fund Incubator AIC ADT Baramati Foundation

AIC ADT Baramati Seed Fund Incubator

Introduction

Starting a startup is an exciting journey, but early-stage entrepreneurs often face one major challenge: resources. While a transformative idea is essential, it is equally important to have access to funding, mentorship, and an enabling ecosystem to scale effectively. The AIC ADT Baramati Foundation offers a platform that empowers early-stage startups with seed funding, mentorship, and incubation support to transform their ideas into successful ventures.

Promoted by the Atal Innovation Mission (AIM) and supported by NITI Aayog, the AIC ADT Baramati Foundation focuses on nurturing innovative startups with high growth potential. With zero-cost incubation, equity-free grants, and access to a robust network of mentors, investors, and industry experts, this incubator stands as a key resource for aspiring entrepreneurs in India.

This comprehensive guide covers eligibility, application process, funding details, tips for a successful application, and the benefits of joining the AIC ADT Baramati Seed Fund Incubator.

About AIC ADT Baramati Foundation

The Atal Incubation Center – ADT Baramati Foundation is a not-for-profit initiative designed to promote innovation, entrepreneurship, and early-stage startup growth. Located in Baramati, Maharashtra, the incubator provides startups with a nurturing environment where ideas can be converted into scalable businesses.

Key objectives of the incubator include:

  • Fostering Innovation: Encouraging technology-driven and socially impactful startups.

  • Providing Seed Funding: Equity-free funding for early-stage ventures.

  • Mentorship & Advisory: Guidance from industry leaders, entrepreneurs, and domain experts.

  • Networking & Outreach: Connect with investors, industry partners, and fellow entrepreneurs.

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

The incubator has a particular focus on sectors such as AgriTech, FoodTech, HealthTech, FinTech, Renewable Energy, and Social Impact ventures, aligning with Maharashtra’s economic and technological growth priorities.

Key Offerings of AIC ADT Baramati Foundation

  1. Zero-Cost Incubation
     Startups gain access to infrastructure, labs, meeting rooms, and co-working spaces without any upfront costs. This allows entrepreneurs to focus on product development and market validation.

  2. Equity-Free Seed Funding
     Selected startups may receive grants or seed funding without giving away ownership, empowering founders to retain full control of their ventures.

  3. Mentorship & Advisory
     Guidance from experienced entrepreneurs, industry experts, and investors ensures that startups receive strategic advice to scale and grow efficiently.

  4. Networking Opportunities
     The incubator provides opportunities to connect with investors, successful founders, and potential collaborators through workshops, bootcamps, and networking events.

  5. Sectoral Focus
     Startups in sectors such as Agriculture, Renewable Energy, HealthTech, FinTech, and Social Impact are particularly encouraged to apply, though all innovative, scalable ideas are welcome.

Eligibility Criteria

Before applying for the AIC ADT Baramati Seed Fund Incubator, ensure your startup meets the following criteria:

  1. Incorporation
     Must be a registered company in India, either Private Limited or LLP.

  2. Promoter Ownership
     At least 51% of shareholding should be held by Indian promoters.

  3. Stage of Development
     Startups should be in the early stage, with a scalable business model and a prototype or validated solution.

  4. Sector Preference
     Preference is given to technology-driven and innovative solutions with potential social or economic impact.

  5. Government Recognition
     Startups with DPIIT recognition are preferred for compliance and validation purposes.

Application Process

Applying for seed funding at AIC ADT Baramati Foundation involves a structured process to select startups with the highest potential:

Step 1: Visit the Official Website
 Navigate to the AIC ADT Baramati Foundation portal to explore detailed guidelines for startup incubation and seed funding.

Step 2: Create an Account
 Register your startup by providing basic information about the founders, team, and business.

Step 3: Fill the Application Form
 The application requires detailed information including:

  • Startup Overview: Company mission, vision, and background.

  • Problem Statement & Solution: Clearly define the problem and your innovative solution.

  • Market Analysis: Target customers, market size, competition, and unique value propositions.

  • Business Model: Revenue model, pricing strategy, and scalability plans.

  • Financial Projections: Estimated revenue, costs, and required funding.

  • Team Composition: Founders’ expertise, experience, and complementary skills.

Step 4: Submit Required Documents
 Attach supporting documents such as:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate

  • Pitch Deck

  • Financial Statements (if available)

  • Founders’ CVs

Step 5: Selection Process
 Applications are assessed through multiple stages:

  • Screening: Initial evaluation based on innovation, scalability, and alignment with incubator objectives.

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

  • Due Diligence: Assessment of feasibility, financials, and growth potential.

  • Onboarding: Selected startups join the incubation program and gain access to funding, mentorship, and infrastructure.

Funding Details

The AIC ADT Baramati Seed Fund Incubator provides financial support through two primary avenues:

  1. Startup India Seed Fund Scheme (SISFS)
  • Funding Amount: Up to ₹50 Lakhs

  • Purpose: Support product development, market entry, and operational costs

  • Disbursement: Milestone-based

  • Eligibility: Startups incorporated within the last 2 years, developing innovative products or services

  1. ADT Baramati Seed Fund
  • Funding Amount: Up to ₹50 Lakhs

  • Instrument: Equity, debt, or combination

  • Eligibility: Startups incubated for a minimum of 3 months

  • Reporting: Quarterly financial reporting and annual audits

These programs allow startups to grow without relinquishing control, ensuring founders retain equity while accessing crucial early-stage capital.

Tips for a Successful Application

  • Clearly Define Problem-Solution Fit: Show how your solution addresses a real market problem.

  • Understand Your Market: Demonstrate knowledge of your customers, competitors, and industry trends.

  • Highlight Scalability: Illustrate the potential for regional, national, or global growth.

  • Showcase a Strong Team: Founders with complementary skills increase selection chances.

  • Provide Realistic Financials: Include detailed fund utilization plans and projections.

  • Create a Compelling Pitch Deck: Clear storytelling and visuals make a strong impression.

Success Stories

Several startups have benefited from the AIC ADT Baramati Foundation:

  • AgriSmart Solutions: Leveraged mentorship and funding to scale their precision agriculture platform nationwide.

  • CleanEnergy Innovations: Developed renewable energy solutions and attracted investor funding post-incubation.

  • HealthMedTech: Gained technical guidance and seed funding, launching a successful healthtech product in rural areas.

These examples highlight how a structured ecosystem of mentorship, funding, and infrastructure can accelerate early-stage startups into thriving ventures.

Benefits Beyond Funding

Joining the AIC ADT Baramati Seed Fund Incubator provides more than financial support:

  • Mentorship from industry leaders and successful entrepreneurs

  • Access to workshops, bootcamps, and pitch sessions

  • Networking with investors, ecosystem partners, and fellow founders

  • Opportunity to validate and refine your business model in a supportive environment

  • Exposure to potential partnerships, clients, and investors

Conclusion

The AIC ADT Baramati Seed Fund Incubator is an excellent launchpad for early-stage startups aiming to scale their ideas into impactful businesses. With mentorship, equity-free funding, and access to a collaborative ecosystem, founders are empowered to navigate early-stage challenges and achieve sustainable growth.

For entrepreneurs wondering “how to apply for seed fund incubator AIC ADT Baramati Foundation,” following the outlined steps and preparing a strong proposal can dramatically increase your chances of success.

Apply today, access funding, mentorship, and infrastructure, and give your startup the boost it deserves!