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AIC-AMTZ MediValley

Introduction

India’s healthcare and medical technology (MedTech) sector is witnessing an innovation boom. Startups across diagnostics, medical devices, healthcare AI, and biotech are redefining access and affordability. But even with bright ideas, early-stage founders often struggle to bridge the gap between innovation and implementation — particularly when it comes to funding, infrastructure, and regulatory guidance.

That’s where the AIC-AMTZ MediValley Incubation Council steps in.
Located within the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam — India’s first dedicated medical technology park — MediValley is not just an incubator; it’s a launchpad for MedTech innovation. One of its flagship offerings, the Seed Fund Incubation Program, empowers startups to move from prototype to commercialization.

If you’re a healthcare entrepreneur or MedTech innovator wondering how to apply, this article provides a complete, step-by-step guide — from eligibility to benefits, application process, and insider tips for success.


About AIC-AMTZ MediValley Incubation Council

Before diving into the application details, let’s understand what makes MediValley unique.

AIC-AMTZ MediValley is a Section 8, not-for-profit organization supported by Atal Innovation Mission (AIM), NITI Aayog, Government of India. It was established with a clear mission — to accelerate India’s MedTech ecosystem by providing world-class infrastructure, regulatory support, mentorship, and funding access.

Situated in the heart of AMTZ — a 270-acre campus with more than 50 state-of-the-art scientific facilities, testing labs, and manufacturing units — MediValley bridges the gap between ideation and industry.

Its ecosystem includes:

  • Innovation labs for R&D and prototyping

  • Regulatory and quality testing support through AMTZ’s facilities

  • Investor and government linkages for funding and grants

  • Mentorship programs with healthcare experts, clinicians, and industry veterans

This integrated environment enables startups to develop, test, validate, and commercialize medical technologies faster and more efficiently than anywhere else in India.


What is the Seed Fund Incubator Program?

The Seed Fund Incubator at AIC-AMTZ MediValley is designed for early-stage startups that have a proof of concept or prototype and are ready to scale. It offers financial support, infrastructure access, and business acceleration to help MedTech entrepreneurs transform innovative ideas into viable products.

Objectives of the Seed Fund Program:

  • To bridge the gap between ideation and market readiness

  • To enable startups to develop prototypes and conduct validation studies

  • To help founders understand regulatory and quality pathways

  • To provide access to clinical testing and manufacturing facilities

  • To create sustainable MedTech ventures that can scale nationally and globally

Key Focus Areas:

  • Diagnostic devices

  • Imaging technologies

  • AI-based healthcare tools

  • Wearable medical devices

  • Surgical instruments

  • Rehabilitation technologies

  • Affordable healthcare innovations


Eligibility Criteria

Not every startup may qualify — and that’s what keeps the program impactful. Here’s what the selection team typically looks for:

  1. Startup Recognition:
    The applicant should be a recognized startup as per DPIIT (Department for Promotion of Industry and Internal Trade) guidelines.

  2. Stage of Development:
    Applicants must have at least a proof of concept or prototype ready.

  3. Sector Focus:
    The innovation should fall within medical devices, diagnostics, biotech, or health-tech domains.

  4. Scalability & Impact:
    Startups should demonstrate potential for market scalability and societal impact in healthcare accessibility or affordability.

  5. Founding Team Strength:
    Preference is given to teams with technical or clinical expertise relevant to their innovation.


Benefits of Joining the Seed Fund Incubator at MediValley

Joining MediValley’s Seed Fund Incubator isn’t just about funding — it’s about becoming part of a holistic MedTech ecosystem. Here’s what startups gain:

1. Seed Funding Support

Selected startups can receive seed funding to accelerate prototype development, clinical validation, or market entry. The support may include grants, convertible debt, or equity-based funding depending on project needs.

2. Access to AMTZ Infrastructure

Startups get unparalleled access to AMTZ’s cutting-edge testing, calibration, and manufacturing facilities, such as:

  • Biocompatibility testing labs

  • 3D printing and prototyping centers

  • Radiology and imaging testing units

  • Cleanrooms and sterilization facilities

This access drastically reduces R&D costs and development timelines.

3. Mentorship & Networking

Each incubatee is paired with expert mentors from industry, academia, and healthcare who provide personalized guidance on:

  • Product design and development

  • Clinical and regulatory pathways

  • IP filing and protection

  • Business strategy and market entry

4. Regulatory & Compliance Assistance

Navigating medical regulations is often one of the biggest hurdles for startups. MediValley offers direct support for:

  • ISO 13485 compliance

  • Clinical validation protocols

  • CDSCO and international regulatory filings

5. Market Access & Partnerships

Through collaborations with hospitals, distributors, and corporate partners, startups can pilot their products and validate them in real-world clinical settings.

6. Visibility and Investor Connect

MediValley regularly hosts demo days, pitch sessions, and showcases at major MedTech events — giving founders direct exposure to investors, government bodies, and potential customers.


Step-by-Step: How to Apply for the Seed Fund Incubator

The application process is designed to be transparent, structured, and startup-friendly. Here’s a step-by-step breakdown:

Step 1: Visit the Official Website

Go to the AIC-AMTZ MediValley Incubation Council website. Navigate to the “Programs” or “Seed Fund” section.

Step 2: Review Eligibility and Guidelines

Carefully go through the eligibility criteria, funding limits, and documentation requirements before applying.

Step 3: Prepare the Application

You’ll typically need to submit:

  • Startup registration certificate

  • Pitch deck or business plan

  • Product prototype details or POC data

  • Founder profiles

  • Funding requirement and utilization plan

  • Supporting documents (patents, clinical studies, etc.)

Step 4: Submit Online Application

Fill out the application form online and upload all required documents.

Step 5: Evaluation & Shortlisting

Applications are reviewed by a selection committee that evaluates innovation, market need, feasibility, and team capability.

Step 6: Pitch & Interaction

Shortlisted startups may be invited to present their ideas before the evaluation panel.

Step 7: Selection & Onboarding

Once selected, startups sign an incubation agreement, receive funding, and gain access to facilities, mentorship, and support.


Tips for a Successful Application

Here are a few insider tips to strengthen your application:

  1. Be clear about the healthcare problem you’re solving — quantify its market or societal impact.

  2. Demonstrate innovation — show how your idea is different or better than existing solutions.

  3. Include validation data — even small-scale pilot results can add credibility.

  4. Highlight the team’s strengths — emphasize domain expertise or partnerships.

  5. Show scalability and sustainability — outline how you plan to scale or commercialize.

Remember: MediValley supports startups that combine innovation, feasibility, and impact — not just good ideas.


Success Stories: From Prototype to Product

Over the years, AIC-AMTZ MediValley has incubated several pathbreaking MedTech startups that have transformed patient care and healthcare delivery in India.

  • InnoDx Labs: Developed a low-cost point-of-care diagnostic device that received international validation and scaled production within 18 months.

  • MedSurg Instruments: Transitioned from concept to clinical trials within AMTZ’s facilities, reducing cost and development time by over 40%.

  • BioHeal Technologies: Secured follow-on funding after incubation to expand its wound care innovation globally.

These stories showcase how the right ecosystem and mentorship can accelerate MedTech innovation from idea to impact.


Why AIC-AMTZ MediValley Stands Out

Unlike generic incubators, MediValley is deeply specialized in MedTech and healthcare innovation. Its location inside AMTZ gives startups access to end-to-end capabilities — from R&D and testing to certification and manufacturing — all under one roof.

Moreover, its partnership with Atal Innovation Mission (AIM) ensures alignment with national startup and innovation goals, while its collaborations with DST, BIRAC, and state governments expand opportunities for funding and scale.

It’s not just about incubation — it’s about creating MedTech leaders who can compete globally.


Conclusion

The future of healthcare innovation lies in enabling startups that can make medical technology more affordable, accessible, and advanced.
The Seed Fund Incubator at AIC-AMTZ MediValley is a golden opportunity for founders ready to take their MedTech ideas to the next level — with the right funding, mentorship, and infrastructure to turn vision into value.

Whether you’re a researcher, clinician, or engineer passionate about transforming healthcare, now is the time to act.
Visit the MediValley website, explore the Seed Fund Incubation Program, and take your first step toward building the next generation of MedTech innovation — from India, for the world.

BAMU

Introduction

India’s startup ecosystem has become one of the fastest-growing in the world, powered by innovation, youth energy, and government-led initiatives that encourage entrepreneurship across every sector. However, for early-stage entrepreneurs, access to mentorship, infrastructure, and funding remains one of the biggest challenges.

That’s where Atal Incubation Centre – Dr. Babasaheb Ambedkar Marathwada University (AIC-BAMU) steps in.

Located in the historic city of Aurangabad, Maharashtra, AIC-BAMU Foundation is a government-supported incubation centre established under the Atal Innovation Mission (AIM) of NITI Aayog. It provides startups with end-to-end support through incubation, mentorship, networking, and seed funding opportunities under the Startup India Seed Fund Scheme (SISFS).

Whether you are a student innovator, a first-time founder, or a research-driven entrepreneur, AIC-BAMU offers the right ecosystem to take your idea from concept to commercialization.

This article is your comprehensive roadmap on how to apply for seed funding and incubation at AIC-BAMU — covering eligibility criteria, benefits, focus sectors, success stories, and the complete application process.


1. About AIC-BAMU Foundation

The Atal Incubation Centre – Dr. Babasaheb Ambedkar Marathwada University Foundation (AIC-BAMU) was established with the mission to promote innovation, entrepreneurship, and economic development in the Marathwada region and beyond.

Supported by Atal Innovation Mission (AIM), NITI Aayog, the incubator is designed to nurture startups across sectors such as technology, agriculture, healthcare, sustainability, and manufacturing.

The centre operates within the Dr. Babasaheb Ambedkar Marathwada University (BAMU) campus, leveraging the university’s vast research base, faculty expertise, and student talent. Its goal is to create an ecosystem that connects academia, industry, and investors to fuel startup growth.

Vision

To transform Marathwada into a hub of innovation and entrepreneurship that empowers local talent and contributes to India’s national innovation mission.

Mission

  • To provide a supportive ecosystem for early-stage entrepreneurs.

  • To offer structured incubation, mentorship, and access to funding.

  • To promote sustainable and technology-led ventures that address India’s developmental challenges.

  • To facilitate industry-academia collaboration and foster innovation-driven economic growth.


2. Key Highlights of AIC-BAMU

Government-Recognized Incubator
Established under Atal Innovation Mission, NITI Aayog, and recognized by Startup India.

Seed Fund Support
Provides funding through Startup India Seed Fund Scheme (SISFS) for prototype development and commercialization.

University-Backed Infrastructure
Located within Dr. Babasaheb Ambedkar Marathwada University campus with access to labs, R&D centres, and research scholars.

Mentorship Network
Connects startups with industry leaders, academicians, investors, and policymakers.

Focus on Regional Innovation
Empowers entrepreneurs from Tier-2 and Tier-3 cities to create scalable businesses.

Track Record of Impact
Over 100 startups incubated, with several progressing to receive national recognition and follow-on funding.


3. Focus Sectors at AIC-BAMU

AIC-BAMU supports startups across a wide range of innovation-driven domains, including:

  • Agritech and Rural Innovation

  • HealthTech and Biotechnology

  • Clean Energy and Environmental Solutions

  • Information Technology and IoT

  • Education and Skill Development

  • Manufacturing and Industry 4.0

  • Sustainable Development and Social Enterprises

The incubator prioritizes ventures that bring technological innovation, social impact, and employment generation potential to the region.


4. Seed Fund and Incubation Program Overview

AIC-BAMU runs a multi-tier incubation and funding model that supports startups from ideation to growth.

A. Pre-Incubation Program

Duration: 3–6 months
Objective: Idea validation and prototype development
Support Includes:

  • Access to mentors and research labs

  • Business model canvas training

  • Prototype guidance

  • Pitching and business presentation workshops

B. Full Incubation Program

Duration: 12–24 months
Objective: Market readiness, customer acquisition, and scaling
Support Includes:

  • Dedicated workspace and mentorship

  • Networking with investors and industry partners

  • Marketing and financial planning assistance

C. Seed Fund Program (Under SISFS)

Through the Startup India Seed Fund Scheme, AIC-BAMU provides:

  • Up to ₹20 lakhs (grant) for prototype development and product trials.

  • Up to ₹50 lakhs (investment) for commercialization or scaling.

Funding is milestone-based and linked to the startup’s progress and deliverables.


5. Eligibility Criteria

To be eligible for incubation and seed funding at AIC-BAMU, startups must meet the following:

✅ Must be recognized by DPIIT under Startup India.
✅ Must be a registered entity — Private Limited Company, LLP, or Partnership Firm.
✅ Should be less than 10 years old from the date of incorporation.
Annual turnover must be below ₹100 crore in any financial year.
✅ Startup should be in prototype or early commercialization stage.
✅ Product or service must involve innovation, technology, or a new business model.
✅ Startup must not have received SISFS funding from another incubator.


6. Step-by-Step Application Process

Here’s how founders can apply for seed funding and incubation at AIC-BAMU:

Step 1: Register on Startup India Portal

Ensure your startup is registered and recognized by DPIIT.

Step 2: Apply on the SISFS Portal

Visit the Startup India Seed Fund Scheme portal and select AIC-BAMU Foundation as your preferred incubator.

Step 3: Submit Application Documents

You’ll need to upload:

  • Business Plan / Pitch Deck

  • Problem-Solution Fit

  • Prototype Details / MVP

  • Founder Profiles

  • Financial Plan and Milestones

Step 4: Screening

The Seed Fund Evaluation Committee reviews all applications based on innovation potential, scalability, and market need.

Step 5: Pitch Presentation

Shortlisted startups present their ideas before a selection panel of industry experts, academicians, and investors.

Step 6: Selection and Onboarding

Selected startups sign an incubation agreement (MoU) and begin their structured incubation journey.

Step 7: Funding Disbursement

Seed fund is released in tranches linked to milestones achieved by the startup.


7. Benefits of Joining AIC-BAMU

Joining AIC-BAMU offers several tangible and strategic benefits to entrepreneurs:

Seed Funding Access
Up to ₹50 lakhs in funding support under SISFS.

Mentorship and Advisory
Regular sessions with domain experts, investors, and professors.

University Ecosystem Access
R&D facilities, student interns, and lab resources from BAMU.

Investor and Corporate Connects
Networking opportunities with angels, VCs, and industry bodies.

Entrepreneurship Training
Workshops on business strategy, legal compliance, and financial literacy.

Infrastructure
Office spaces, meeting rooms, and high-speed internet for resident startups.

Networking and Events
Demo days, hackathons, startup challenges, and policy roundtables.

Follow-on Funding Support
Assistance in raising further rounds post-seed stage.


8. Success Stories

AIC-BAMU has incubated more than 100 startups, many of which have made a significant social and economic impact:

  • AgriEdge: Developed a precision agriculture platform that helps farmers increase yield using IoT data.

  • HealthWave: A digital health startup connecting rural patients with affordable telemedicine services.

  • BioLoop: Created biodegradable alternatives to single-use plastics.

  • SkillBridge: Built an AI-powered platform for employability training for youth in smaller cities.

These success stories highlight AIC-BAMU’s commitment to empowering entrepreneurs who solve local and global challenges through innovation.


9. Why Choose AIC-BAMU?

Here’s why AIC-BAMU is one of the most impactful incubation hubs in western India:

Government-backed incubation under AIM, NITI Aayog
Access to BAMU’s academic and research infrastructure
Deep focus on rural and regional innovation
Integrated funding through Startup India Seed Fund Scheme
Proven track record of startup success and impact

AIC-BAMU combines the strength of academia with the agility of startup culture, making it an ideal platform for innovators looking to scale their ideas.


10. Contact Information

📍 Address:
Atal Incubation Centre – Dr. Babasaheb Ambedkar Marathwada University,
BAMU Campus, Aurangabad, Maharashtra – 431004

📧 Email: info@aicbamu.org
🌐 Website: https://aicbamu.org
📞 Phone: +91-240-2403333


Conclusion

The Atal Incubation Centre – Dr. Babasaheb Ambedkar Marathwada University (AIC-BAMU) represents the power of innovation-driven education. By providing structured incubation, expert mentorship, and funding support through the Startup India Seed Fund Scheme, it empowers founders to build scalable, sustainable businesses.

AIC-BAMU has proven that innovation isn’t just confined to metropolitan cities — it thrives in regions where vision meets support.

If you’re a startup founder looking to validate your idea, access funding, and connect with India’s broader innovation network, AIC-BAMU offers the right foundation to launch and scale your startup journey.

AIC-BIMTECH

Introduction

India’s startup revolution is thriving like never before. With government initiatives, private investments, and academic collaborations shaping the entrepreneurial ecosystem, startups today have unprecedented opportunities to grow and scale. One of the most prominent enablers of this ecosystem is the Atal Incubation Centre – Birla Institute of Management Technology (AIC-BIMTECH).

Backed by NITI Aayog’s Atal Innovation Mission, AIC-BIMTECH is a hub of innovation and entrepreneurship that provides early-stage startups with the right mix of funding, mentorship, and infrastructure. Through its participation in the Startup India Seed Fund Scheme (SISFS), AIC-BIMTECH has emerged as a powerful bridge between an idea and a sustainable enterprise.

This article walks you through everything you need to know about applying for Seed Fund support at AIC-BIMTECH — from understanding eligibility to completing the application, exploring key benefits, and learning from success stories of startups that began their journey here.


1. About AIC-BIMTECH

The Atal Incubation Centre – BIMTECH, located in Greater Noida, is among India’s most impactful incubation platforms designed to nurture and scale startups across multiple domains. It is part of a national network of incubation centers under the Atal Innovation Mission, which aims to promote entrepreneurship and innovation-driven enterprises across India.

AIC-BIMTECH provides holistic incubation support to early-stage entrepreneurs. Its mission is not limited to funding but extends to strategic mentorship, skill-building, investor access, and long-term growth support. Over the years, the center has incubated over 100 startups, facilitated millions in funding, and generated hundreds of jobs across diverse sectors.

Key Focus Areas

  • Agritech and sustainability

  • Healthcare and wellness

  • Education and skill development

  • Clean energy and environment

  • Fintech and digital innovation

  • Women-led startups

Incubation Model

AIC-BIMTECH follows a stage-based incubation model that includes:

  • Idea Validation – Helping startups test and validate their core business ideas.

  • Prototype Development – Guiding startups in building market-ready prototypes.

  • Scaling and Commercialization – Supporting startups in expanding operations and attracting investments.

With a strong network of mentors, corporate partners, and government bodies, AIC-BIMTECH empowers founders to build businesses that are not only profitable but also socially impactful.


2. Understanding the Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme (SISFS), launched by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Government of India, is a flagship initiative aimed at helping startups in their early stages.

Seed funding is often the most critical phase for a startup—it’s the foundation that helps transform a validated idea into a market-ready product or service. The SISFS bridges this gap by providing financial assistance to promising startups through incubators like AIC-BIMTECH.

Types of Funding Support Offered by AIC-BIMTECH

  1. Grant Support (up to ₹20 Lakhs)

    • For prototype development, product validation, and market testing.

    • Ideal for startups still working on proof of concept or early product development.

  2. Investment Support (up to ₹50 Lakhs)

    • Provided as debt, equity, or convertible instruments.

    • For startups ready for market entry, commercialization, or early scaling.

Objective of the Program

  • Bridge the gap between idea validation and commercial investment.

  • Support innovative ideas with market potential.

  • Create job opportunities and promote inclusive growth through entrepreneurship.

By being part of SISFS through AIC-BIMTECH, startups gain not only funding but also the strategic ecosystem to accelerate their growth.


3. Eligibility Criteria

Before applying for the Seed Fund at AIC-BIMTECH, startups must ensure they meet the eligibility criteria as defined by DPIIT and AIC-BIMTECH guidelines.

Startup Eligibility

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

  • Must be incorporated as a Private Limited Company, LLP, or Partnership Firm.

  • The age of the startup should not exceed 10 years from the date of incorporation.

  • The annual turnover should be below ₹100 crore in any financial year.

  • The startup must have Indian founders holding at least 51% ownership.

  • The idea or product should be innovative, technology-driven, and scalable.

Sectoral Preference

While startups from all sectors are welcome, AIC-BIMTECH gives special preference to those operating in:

  • Agritech

  • Fintech

  • Clean energy

  • Sustainability

  • Healthcare

  • Women entrepreneurship

Startups focusing on social impact and sustainability often get added attention due to AIC-BIMTECH’s mission-driven incubation philosophy.


4. Step-by-Step Application Process

Applying for the AIC-BIMTECH Seed Fund is a structured and transparent process. Here’s how you can do it:

Step 1: Register on the Startup India Portal

  • Visit Startup India Portal and create your startup profile.

  • Get DPIIT recognition, which is mandatory for the SISFS application.

Step 2: Choose AIC-BIMTECH as Your Incubator

  • Under the Seed Fund Scheme section, select AIC-BIMTECH as your preferred incubator.

Step 3: Fill the Application Form

Include the following details:

  • Startup overview and sector

  • Problem-solution statement

  • Market potential and target audience

  • Team details and experience

  • Financial requirements and proposed milestones

Step 4: Upload Required Documents

Prepare and upload:

  • DPIIT recognition certificate

  • Incorporation certificate

  • Founder KYC documents

  • Pitch deck and business model

  • Financial projections

Step 5: Evaluation Process

Your application undergoes two rounds:

  1. Preliminary Screening: Evaluation based on innovation, market potential, and scalability.

  2. Pitch Presentation: Shortlisted startups present before a selection panel of investors and experts.

Step 6: Onboarding and Funding

If selected, startups are:

  • Onboarded into the AIC-BIMTECH incubation program.

  • Assigned mentors and business advisors.

  • Provided funding in tranches based on milestone achievement.


5. Benefits of the AIC-BIMTECH Seed Fund Program

AIC-BIMTECH provides startups with a complete growth ecosystem, not just financial aid.

Funding Support

Access up to ₹50 lakhs in grants or investments for product development and market entry.

Strategic Mentorship

Get one-on-one mentorship from successful entrepreneurs, investors, and domain experts who guide you through product development, fundraising, and business expansion.

Networking Opportunities

Gain access to a vast network of venture capitalists, angel investors, and corporate partners through demo days and investor connect events.

Infrastructure Support

State-of-the-art co-working spaces, labs, meeting rooms, and office resources within the BIMTECH campus.

Capacity Building

Workshops, bootcamps, and training programs designed to enhance leadership, marketing, and fundraising skills.

Visibility & Recognition

AIC-BIMTECH’s affiliation with NITI Aayog and the Atal Innovation Mission gives startups credibility and exposure at both national and international levels.


6. Success Stories from AIC-BIMTECH

Over the years, AIC-BIMTECH has nurtured several innovative startups that have gone on to make significant social and economic impact. Some notable examples include:

1. Brainwired

A deep-tech agritech startup that developed WeSTOCK, a livestock health monitoring system. It enables farmers to track and maintain cattle health using IoT and AI.

2. Bamboo India

Focused on promoting eco-friendly consumer products made from bamboo, this startup is redefining sustainability and replacing plastic in households across India.

3. Farmonaut

A space-tech startup using satellite data and remote sensing to help farmers improve crop yield, detect stress, and manage resources efficiently.

These startups demonstrate how AIC-BIMTECH’s structured mentorship and funding can transform ideas into real-world success stories.


7. Tips for a Strong Application

If you want to maximize your chances of selection, keep these key points in mind:

  • Show Innovation: Highlight the uniqueness of your idea — what makes it stand out?

  • Demonstrate Market Need: Use data or research to validate demand for your solution.

  • Focus on Team Strength: Showcase relevant expertise and passion within your team.

  • Present a Clear Financial Plan: Explain how the seed fund will help you achieve specific milestones.

  • Prepare a Strong Pitch Deck: Include your problem, solution, traction, and go-to-market strategy clearly.

Remember — the selection committee is looking for startups that are both innovative and execution-ready.


8. Contact Information

For further assistance or to know more about applying for seed funding, reach out to:

📍 Address:
Atal Incubation Centre – BIMTECH,
Plot No. 5, Knowledge Park II,
Greater Noida, Uttar Pradesh – 201306

📧 Email: aic@bimtech.ac.in
🌐 Website: www.aicbimtech.com
📞 Phone: +91 120 684 3000


Conclusion

The Atal Incubation Centre – BIMTECH is more than just an incubator; it is a launchpad for India’s next generation of changemakers. Its strong backing from NITI Aayog, combined with its hands-on mentorship, investor network, and funding support, makes it one of the most sought-after incubation centers under the Startup India Seed Fund Scheme.

By applying for seed funding through AIC-BIMTECH, you don’t just receive capital — you become part of a thriving ecosystem that nurtures innovation, collaboration, and long-term growth.

If you’re an early-stage entrepreneur with a disruptive idea and the ambition to build something impactful, AIC-BIMTECH might just be the perfect place to start your journey.

COEP Bhau Institute

Introduction

Entrepreneurship is the heartbeat of innovation — and institutions like the COEP’s Bhau Institute of Innovation, Entrepreneurship, and Leadership (Bhau Institute) have become its driving force.

Located in the vibrant city of Pune, Maharashtra, Bhau Institute stands as one of India’s most dynamic incubation ecosystems, nurturing startups that are solving real-world challenges across technology, sustainability, health, and manufacturing sectors.

Supported under the Startup India Seed Fund Scheme (SISFS), Bhau Institute helps early-stage startups with financial assistance, mentorship, and access to top-notch infrastructure.

This detailed guide explains everything you need to know about how to apply for the Seed Fund Incubator at Bhau Institute, including eligibility, funding structure, benefits, and the step-by-step application process.


1. About COEP’s Bhau Institute

The Bhau Institute of Innovation, Entrepreneurship, and Leadership is the official startup incubation center of the College of Engineering Pune (COEP) — one of India’s oldest and most reputed engineering institutions.

Founded to bridge the gap between technology and entrepreneurship, Bhau Institute has been instrumental in transforming innovative student projects and research ideas into successful startups.

Mission and Vision

Bhau Institute’s mission is to create entrepreneurs who can change the world by fostering creativity, innovation, and business leadership.

The institute envisions building an entrepreneurial ecosystem where startups receive support across all growth stages — from ideation to market entry.

Focus Areas

Bhau Institute incubates startups across multiple sectors, including:

  • Artificial Intelligence & IoT

  • Robotics and Automation

  • CleanTech & Renewable Energy

  • AgriTech & Food Processing

  • MedTech & Healthcare

  • Smart Manufacturing

  • Social Impact & Sustainability

Through programs like Startup India Seed Fund Scheme, Bhau Institute provides both financial and non-financial support to founders building the future.


2. Understanding the Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme (SISFS) was launched by the Department for Promotion of Industry and Internal Trade (DPIIT) to help early-stage startups access crucial funding support.

Under this program, Bhau Institute acts as an approved incubator, enabling founders to access funding through two primary channels:

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

  • Debt or Convertible Debentures up to ₹50 Lakhs:
    For market entry, commercialization, and scaling.

This initiative ensures that startups can transform promising ideas into sustainable businesses without facing the initial financial roadblocks that often limit early innovation.


3. Eligibility Criteria

To qualify for the Seed Fund at Bhau Institute, startups must meet both SISFS and Bhau-specific eligibility requirements.

Basic SISFS Eligibility

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

  2. It should be registered as a Private Limited Company, LLP, or Registered Partnership.

  3. The startup should not be more than 10 years old from its incorporation date.

  4. Annual turnover should not exceed ₹100 crore in any financial year.

  5. The startup should not have received more than ₹10 lakh in funding from any other government scheme for prototype development.

  6. It must be working on an innovative idea involving product, process, or service development.

Bhau Institute-Specific Eligibility

  • The idea must demonstrate commercial viability and scalability.

  • Startups focusing on technology-driven innovation are preferred.

  • Founders should possess technical or entrepreneurial capability to execute the business plan.

  • Startups should be willing to incubate physically or virtually at Bhau Institute.


4. Step-by-Step Application Process

Applying for the Seed Fund Incubator at Bhau Institute involves several key steps to ensure transparency and fairness.

Step 1: Register on Startup India Portal

Step 2: Apply on SISFS Portal

  • Log in to the Seed Fund portal on Startup India.

  • Select COEP’s Bhau Institute as your preferred incubator.

Step 3: Fill Out Application Details

  • Provide startup information, business summary, team details, financial projections, and funding requirements.

Step 4: Internal Screening

  • Bhau Institute’s internal evaluation team reviews all applications for innovation, feasibility, and market potential.

Step 5: Pitch Presentation

  • Shortlisted startups are invited to present their ideas before the Seed Fund Management Committee (SFMC) — a panel of investors, mentors, and experts.

Step 6: Evaluation and Due Diligence

  • Startups undergo due diligence for financial, technical, and business aspects.

Step 7: Final Approval and Funding

  • Upon approval, startups are onboarded to Bhau’s incubation program, and funds are disbursed in stages based on milestones achieved.


5. Benefits of the Bhau Institute Seed Fund Program

💰 Seed Funding Support

Access up to ₹70 lakhs in grants or debt-based funding to fuel your startup journey.

🧠 Mentorship Network

Get guidance from a diverse network of mentors — entrepreneurs, investors, and industry leaders.

🏢 Infrastructure and Facilities

Leverage Bhau Institute’s advanced co-working spaces, prototyping labs, testing equipment, and R&D infrastructure.

🌱 Business Development Assistance

Expert help in refining business models, go-to-market strategies, and investor readiness.

🌍 Networking and Collaboration

Participate in demo days, startup summits, and industry networking sessions for maximum visibility.

📚 Skill Development Workshops

Workshops and boot camps on product design, pitching, IP management, and funding strategies.

🧩 Global Partnerships

Collaborations with universities and international innovation hubs to expand your global presence.


6. Notable Startups Supported by Bhau Institute

Over the years, COEP’s Bhau Institute has nurtured numerous innovative startups that have made significant contributions across various sectors.

Some of the prominent ones include:

  • AirX Labs: Developing next-gen flight simulation systems.

  • Matisoft Cyber Security Labs: AI-based cybersecurity solutions.

  • FarmToFork: Building traceable and transparent agri-supply chains.

  • Mitra Biotech: Working on healthcare diagnostics and biosciences solutions.

These success stories demonstrate how Bhau Institute transforms raw ideas into impactful ventures.


7. Why Choose Bhau Institute for Your Startup Journey

There are several reasons why Bhau Institute stands out among India’s leading incubators:

  • Strong academic foundation at COEP, fostering innovation-driven startups.

  • Multidisciplinary ecosystem blending engineering, design, and business.

  • Deep integration with industry mentors and venture capitalists.

  • Regular investor connect programs and national startup summits.

  • Comprehensive support covering funding, IP, and commercialization.


8. Tips for a Strong Application

  1. Be Clear and Concise: Articulate your value proposition effectively.

  2. Highlight Innovation: Showcase how your solution is unique.

  3. Demonstrate Market Need: Support your application with data or user validation.

  4. Show Team Capability: Emphasize skills and experience that make your team the right fit.

  5. Use Realistic Projections: Keep your funding request and growth plan achievable.

  6. Social Impact: If applicable, highlight sustainability or inclusivity aspects.


9. Contact Information

COEP’s Bhau Institute of Innovation, Entrepreneurship, and Leadership
College of Engineering Pune (COEP)
Shivajinagar, Pune – 411005, Maharashtra, India
🌐 Website: https://bhau.org
📧 Email: info@bhau.org
📞 Phone: +91-20-25507000


10. Conclusion

The COEP’s Bhau Institute of Innovation, Entrepreneurship, and Leadership is more than an incubator — it’s a launchpad for visionary startups.

By combining the academic strength of COEP with the entrepreneurial spirit of India’s startup movement, Bhau Institute empowers founders to turn innovative ideas into impactful businesses.

Through the Startup India Seed Fund Scheme, it ensures that financial barriers never stand in the way of creativity and innovation.

If you’re a passionate entrepreneur ready to take your idea to the next level, apply for the Seed Fund Incubator at Bhau Institute today — and take the first step toward shaping India’s future innovation landscape. 🚀

Crescent Innovation & Incubation

Introduction

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

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

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


1. About Crescent Innovation & Incubation Council (CIIC)

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

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

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

  • Agriculture & Food Technology

  • Renewable Energy & Sustainability

  • HealthTech & MedTech

  • Smart Manufacturing

  • Artificial Intelligence & IoT

  • EV & Mobility

  • Social Innovation and Education Technology

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


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

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

Under this program, CIIC offers:

  • Prototype Development Grants: Up to ₹20 lakhs

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

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


3. Eligibility Criteria for Startups

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

Basic Eligibility (as per SISFS):

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

  • Registered as a Private Limited Company, LLP, or Registered Partnership.

  • Startup should be less than 10 years old from the date of incorporation.

  • Annual turnover should be below ₹100 crore in any previous financial year.

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

CIIC-Specific Eligibility:

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

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

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


4. Step-by-Step Application Process

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

Step 1: Register on Startup India Portal

Step 2: Apply through the SISFS Portal

  • Log in to the Startup India Seed Fund portal.

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

Step 3: Fill the Application Form

Provide detailed information, including:

  • Startup name and incorporation details

  • Founders’ profiles

  • Problem statement and proposed solution

  • Business model and target audience

  • Funding requirement and utilization plan

  • Prototype or market traction (if available)

Step 4: Screening by CIIC

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

Step 5: Pitch Presentation

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

Step 6: Due Diligence & Approval

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

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

Step 7: Onboarding & Fund Disbursement

  • Startups are onboarded into CIIC’s incubation program.

  • Funds are released in tranches linked to milestone achievements.


5. Benefits of CIIC Seed Fund Incubator

💰 Financial Support

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

🧠 Mentorship Network

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

🏢 World-Class Infrastructure

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

🧭 Business Mentoring

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

🌍 Networking & Collaboration

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

🧩 Corporate & Government Linkages

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

⚙️ Sector-Focused Acceleration

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


6. Notable Startups from CIIC

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

Some notable success stories include:

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

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

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

  • Solis BioDyne: Innovating sustainable bio-based materials.

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


7. Why Choose CIIC as Your Incubation Partner?

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

Here’s what sets CIIC apart:

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

  • Access to expert faculty and R&D facilities.

  • Regular demo days and investor connects.

  • Customized startup acceleration programs.

  • Global collaboration opportunities with other incubators and corporates.


8. Tips for a Successful Application

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

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

  3. Market Readiness: Demonstrate scalability and commercialization potential.

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

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

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


9. Contact Details

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


10. Conclusion

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

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

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

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

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.

SASTRA TBI Seed Fund

Introduction
Starting a startup is both thrilling and challenging. While innovative ideas are the foundation of entrepreneurship, early-stage startups often struggle with critical hurdles, including limited funding, lack of mentorship, and restricted access to infrastructure. The Foundation for Innovation & Research at SASTRA TBI – FIRST provides a solution to these challenges.

SASTRA TBI – FIRST, hosted at SASTRA University, is a premier technology business incubator that supports early-stage startups with seed funding, mentorship, infrastructure, and networking opportunities. By offering structured guidance, financial support, and exposure to industry experts, FIRST helps startups transform ideas into scalable, sustainable ventures.

This article provides a comprehensive guide on how to apply for seed fund incubator SASTRA TBI – FIRST, covering eligibility criteria, funding details, application steps, tips for a successful application, and success stories of startups that have thrived under the incubator.

What is SASTRA TBI – FIRST?

The Foundation for Innovation & Research at SASTRA TBI – FIRST is a technology business incubator established to promote entrepreneurship, innovation, and research. The incubator provides early-stage startups with a supportive ecosystem to develop, validate, and commercialize their products or services.

Key Objectives of FIRST:

  • Promote Entrepreneurship: Encourage young innovators and aspiring entrepreneurs to convert ideas into commercially viable solutions.

  • Provide Seed Funding: Offer early-stage financial support for product development, prototype creation, and market entry.

  • Mentorship & Advisory: Connect startups with successful entrepreneurs, industry experts, and academic advisors.

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

  • Networking & Market Access: Facilitate introductions to investors, potential collaborators, and corporate partners.

FIRST primarily supports startups in sectors such as technology, healthcare, education, energy, and social impact ventures, with an emphasis on innovation-driven solutions.

Why SASTRA TBI – FIRST Stands Out

SASTRA TBI – FIRST differentiates itself by offering:

  • Zero-Cost Incubation: Selected startups access labs, co-working spaces, and mentorship without upfront costs.

  • Equity-Free Seed Funding: Entrepreneurs retain ownership while receiving financial support.

  • Sectoral Focus: Prioritizes technology, healthcare, EdTech, clean energy, and social impact solutions.

  • Holistic Support: Combines funding, mentorship, technical assistance, market exposure, and investor networking.

This integrated ecosystem ensures that startups are not just funded but also guided toward sustainable growth and market validation.

Seed Funding Programs at SASTRA TBI – FIRST

FIRST provides two main funding programs for incubated startups:

1. Startup India Seed Fund Scheme (SISFS)

Launched by DPIIT, SISFS provides equity-free funding to early-stage startups.

Eligibility:

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

  • Startups with a prototype or proof of concept.

  • Incubated at FIRST or another recognized incubator.

  • Technology-driven, innovative solutions.

  • Majority Indian ownership.

Funding Details:

  • Up to ₹50 Lakhs.

  • Disbursed in milestone-based phases.

  • Intended for product development, operational costs, and market entry.

2. FIRST In-House Seed Fund

FIRST also provides an in-house seed fund to support startups incubated at their facility.

Eligibility:

  • Incubated at FIRST for at least 3 months.

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

Funding Details:

  • Up to ₹50 Lakhs.

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

  • Requires regular reporting and annual audits.

Eligibility Criteria

Before applying for seed funding at FIRST, ensure your startup meets the following requirements:

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

  • Promoter Ownership: Minimum 51% held by Indian founders.

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

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

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

Application Process

Applying to FIRST involves the following steps:

Step 1: Visit the Official Website

Explore the incubator’s official portal to review incubation programs, funding opportunities, and application forms.

Step 2: Register Your Startup

Create an account by providing basic details about your startup and founders.

Step 3: Complete the Application Form

Include detailed information such as:

  • Startup overview, mission, and vision

  • Problem statement and innovative solution

  • Market analysis, target customers, and competitors

  • Business model and revenue strategy

  • Financial projections and fund utilization plan

  • Team composition and expertise

Step 4: Submit Required Documents

Attach necessary documents:

  • 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 focus.

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

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

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

Tips for a Successful Application

  • Clearly articulate problem-solution fit.

  • Demonstrate deep understanding of the market and competitors.

  • Highlight scalability potential, locally and globally.

  • Showcase a competent and complementary founding team.

  • Provide realistic financial projections and fund utilization plan.

  • Prepare a visually clear and persuasive pitch deck.

Success Stories

Several startups have achieved notable growth through FIRST incubation:

  • EduTech Innovators: Developed an AI-based learning platform with funding and mentorship from FIRST.

  • Clean Energy Solutions: Scaled renewable energy solutions across South India using FIRST resources.

  • HealthTech Startup: Leveraged mentorship and labs to develop telemedicine solutions for rural areas.

These stories illustrate the power of combining funding, mentorship, and structured support to accelerate growth.

Benefits Beyond Funding

  • Mentorship from industry experts, academicians, and successful entrepreneurs

  • Access to state-of-the-art labs, co-working spaces, and prototyping facilities

  • Networking with investors, corporate partners, and ecosystem collaborators

  • Validation of business ideas in a structured and supportive environment

  • Exposure to workshops, bootcamps, and market entry strategies

Contact Information

Conclusion

For early-stage startups, applying for seed fund incubator SASTRA TBI – FIRST offers a significant opportunity to access mentorship, funding, infrastructure, and networking. By following the application process, meeting eligibility criteria, and preparing a compelling proposal, startups can maximize their chances of selection. FIRST combines financial support with mentorship, infrastructure, and market access to help startups transform innovative ideas into scalable and sustainable ventures.

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  • Focus Keyword: SASTRA TBI Seed Fund

  • SEO Title: Apply for Seed Fund Incubator at SASTRA TBI

  • SEO Description: Learn how to apply for seed fund incubator SASTRA TBI – FIRST to access funding, mentorship, and startup support in India.

  • SEO Keywords: SASTRA TBI Seed Fund, FIRST SASTRA Incubator, Startup Funding India, Seed Funding Startups, Incubator Application

Sharda Launchpad Federation

Introduction

Every startup begins with a spark — an idea full of potential. Yet, for many early-stage founders, turning that idea into a viable business requires more than just passion. Funding, mentorship, and access to an entrepreneurial ecosystem are key factors that can make or break a startup.
This is where Sharda Launchpad Federation (SLF) steps in.

As the official incubator of Sharda University, SLF supports entrepreneurs in transforming innovative concepts into successful, scalable ventures. Through the Startup India Seed Fund Scheme (SISFS) and other programs, the incubator provides crucial early-stage funding, expert mentorship, and a nurturing environment for entrepreneurs to grow.

If you’ve been wondering how to apply for the seed fund incubator at Sharda Launchpad Federation, this guide gives you a complete step-by-step roadmap — from eligibility and documentation to funding support and success tips.

About Sharda Launchpad Federation

The Sharda Launchpad Federation (SLF) is an initiative by Sharda University to promote innovation, entrepreneurship, and technology-driven growth. It aims to provide startups with the right mix of capital, mentoring, networking, and market exposure.

SLF’s mission is to empower early-stage startups through holistic incubation — helping them validate their ideas, build prototypes, raise capital, and scale sustainably.

Key Features

  • Seed Funding: Up to ₹50 lakh under the SISFS program.

  • Equity-Free Grants: Financial assistance without giving up ownership.

  • Mentorship: Access to top industry experts, investors, and academics.

  • Infrastructure: Modern co-working spaces, labs, and testing facilities.

  • Networking: Exposure to potential partners, investors, and market linkages.

  • Capacity Building: Bootcamps, workshops, and investor meets.

SLF supports a wide spectrum of industries including HealthTech, EdTech, FinTech, Clean Energy, AgriTech, and AI/IoT-based startups.

Eligibility Criteria

Before applying, make sure your startup meets the following eligibility guidelines:

  1. Registered Entity: The startup must be registered in India as a Pvt. Ltd. company, LLP, or OPC.

  2. DPIIT Recognition: Preferably recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

  3. Indian Ownership: At least 51% shareholding should be with Indian founders.

  4. Stage: Must be an early-stage startup (ideation, prototype, or pre-revenue).

  5. Age of Startup: Not more than 2 years from the date of incorporation (for SISFS).

  6. Innovation Focus: The startup should offer an innovative, technology-driven, or socially impactful solution.

Application Process

Follow these steps to apply for the seed fund incubator program at Sharda Launchpad Federation:

Step 1: Visit the Official Website

Go to https://sharda.ac.in/incubation or the Sharda Launchpad Federation portal to view details about the incubation and funding programs.

Step 2: Register Your Startup

Create an account on the online portal and provide your basic startup details — name, registration number, and contact info.

Step 3: Fill the Application Form

Provide comprehensive information such as:

  • Problem statement and proposed solution

  • Product or service description

  • Target market and competitors

  • Business and revenue model

  • Current traction (if any)

  • Fund requirement and utilization plan

Step 4: Attach Required Documents

Prepare and upload:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate (if available)

  • Pitch Deck

  • Founders’ resumes

  • Financials or business plan

Step 5: Evaluation & Pitch

After submission, applications are reviewed for innovation, scalability, and team capability. Shortlisted startups are invited to pitch before a selection committee that includes domain experts and investors.

Step 6: Selection & Onboarding

Selected startups undergo due diligence and then join the incubation program. Upon successful induction, startups may receive funding under SISFS or other SLF funding opportunities.

Funding Details

1. Startup India Seed Fund Scheme (SISFS)

  • Amount: Up to ₹50 lakh

  • Form: Equity-free grants or debt instruments

  • Purpose: Prototype development, product validation, market entry, or scaling operations

  • Disbursement: Released in tranches based on milestones

2. Sharda Launchpad Federation Fund

  • Internal Grants: SLF offers internal funds and connects startups with angel investors and venture capitalists.

  • Mentorship Support: Continuous monitoring and guidance on fund utilization and growth milestones.

Benefits of Incubation at SLF

  1. Zero-Cost Workspace: Free co-working areas and access to labs.

  2. Expert Mentorship: Guidance from successful founders and professors.

  3. Investor Connections: Networking with angel investors and VC firms.

  4. Market Access: Exposure through demo days, exhibitions, and startup fairs.

  5. Skill Building: Training in pitching, business development, and financial modeling.

  6. Visibility: Opportunities to represent your startup at national-level events.

Tips for a Successful Application

💡 1. Strong Problem–Solution Fit:
Show how your product solves a specific, pressing issue in your target market.

💡 2. Demonstrate Innovation:
Highlight what makes your approach unique and scalable.

💡 3. Clear Fund Utilization:
Break down how you’ll use the grant to achieve measurable milestones.

💡 4. Build a Balanced Team:
Incubators prefer teams with complementary technical and business skills.

💡 5. Keep Your Pitch Simple:
Tell a clear, engaging story — the why, what, and how behind your idea.

Success Stories from SLF

  • MedCare AI: A HealthTech startup that developed an AI-powered early diagnosis tool and secured funding under SISFS.

  • AgriNova: Used seed funding to launch a precision farming device and raised follow-on funding within six months.

  • EduMentor: An EdTech platform that scaled across 50+ institutions after SLF incubation.

These success stories underline how strategic mentorship and funding at SLF can accelerate startup journeys from ideation to market success.

Contact Information

📍 Address: Sharda Launchpad Federation, Sharda University Campus, Greater Noida, Uttar Pradesh
📧 Email: info@shardalaunchpad.com
🌐 Website: https://sharda.ac.in/incubation
📞 Phone: +91-120-4060210

Conclusion

For early-stage entrepreneurs, the Sharda Launchpad Federation is more than an incubator — it’s a launchpad to success. With access to funding, mentorship, and infrastructure, startups can focus on building, testing, and scaling their innovations confidently.
If you have a promising idea and the drive to make it real, applying for the Seed Fund Incubator at Sharda Launchpad Federation could be your first big leap toward creating impact and growth.

ACE Foundation Seed Fund

Introduction

Starting a startup is exciting, but early-stage entrepreneurs often face a major challenge — access to funding, mentorship, and infrastructure. Innovative ideas alone are rarely enough; founders need support to transform concepts into scalable, sustainable businesses.

The IITI Advanced Centre for Entrepreneurship (ACE) Foundation, established at the Indian Institute of Technology Indore (IITI), addresses these challenges. ACE Foundation is a technology-driven incubator that provides startups with equity-free seed funding, mentorship from industry experts, co-working spaces, and networking opportunities. This ecosystem ensures that innovative ideas have the resources and guidance to grow into viable ventures.

If you’re wondering “how to apply for seed fund incubator ACE Foundation?”, this comprehensive guide covers eligibility criteria, application steps, funding details, success tips, and benefits of joining the program.


What Is IITI ACE Foundation?

The Advanced Centre for Entrepreneurship (ACE) Foundation at IIT Indore is a not-for-profit technology business incubator. It was established to foster innovation and entrepreneurship among early-stage startups, providing a structured environment to develop, validate, and commercialize products or services.

Key Features of ACE Foundation:

  • Mentorship: Guidance from seasoned entrepreneurs, industry experts, and IIT faculty.

  • Infrastructure: Co-working spaces, laboratories, and meeting rooms equipped with modern technology.

  • Networking: Access to investors, potential collaborators, and startup ecosystems.

  • Funding Support: Seed funding through the Startup India Seed Fund Scheme (SISFS) and ACE-specific grants.

  • Workshops & Bootcamps: Training sessions to enhance entrepreneurial and managerial skills.

ACE Foundation primarily supports startups in technology-driven sectors, including AI, IoT, Deep Tech, HealthTech, EdTech, Sustainability solutions, and ventures with a social impact focus.


Key Offerings of ACE Foundation

Zero-Cost Incubation
Startups receive access to co-working spaces, labs, and mentorship without upfront costs, allowing founders to focus on product development and market validation.

Seed Funding Opportunities
ACE Foundation provides equity-free seed funding of up to ₹50 lakh to help startups develop prototypes, scale operations, and prepare for subsequent investment rounds.

Mentorship & Advisory Support
Personalized guidance from industry experts, investors, and IIT Indore faculty helps startups overcome technical, operational, and market challenges.

Networking & Exposure
Regular pitch sessions, workshops, and networking events provide exposure to investors, corporate partners, and potential clients.

Sectoral Focus
ACE Foundation emphasizes high-growth sectors such as:

  • AI & Machine Learning

  • HealthTech & MedTech

  • Deep Technology & IoT

  • Clean Energy & Sustainability

  • EdTech & Skill Development


Eligibility Criteria

To apply for seed funding at ACE Foundation, startups must meet the following requirements:

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

  • Promoter Ownership: At least 51% of shareholding held by Indian founders.

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

  • Sector Focus: Preference for technology-driven or innovative solutions, including social impact ventures.

  • Government Recognition: Startups recognized by DPIIT are preferred.


Application Process

Step 1: Visit the Official Website
Go to the ACE Foundation portal to access detailed guidelines and the online application form.

Step 2: Register Your Startup
Create an account with basic information about your startup and founders.

Step 3: Fill the Application Form
Provide comprehensive details about your startup:

  • Startup overview, mission, and vision

  • Problem statement and solution

  • Market analysis and target audience

  • Business model and revenue strategy

  • Financial projections

  • Team composition and expertise

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

  • Certificate of Incorporation

  • DPIIT Recognition (if available)

  • Pitch Deck

  • Financial Statements (if any)

  • Founders’ CVs

Step 5: Selection Process
Applications undergo multiple evaluation stages:

  • Screening: Initial assessment for innovation, scalability, and alignment with ACE Foundation’s objectives.

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

  • Due Diligence: Evaluation of feasibility, financials, and operational readiness.

  • Onboarding: Successful startups are inducted into the incubation program.


Funding Details

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, working on innovative solutions

2. ACE Foundation Seed Fund

  • Funding Amount: Up to ₹50 lakh

  • Instrument: Equity-free, debt, or a combination

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

  • Reporting: Quarterly financial updates and annual audits


Tips for a Successful Application

  • Clearly Define Problem-Solution Fit: Demonstrate how your solution addresses a real-world problem effectively.

  • Understand Your Market: Show deep knowledge of your target audience, competitors, and trends.

  • Highlight Scalability: Present a roadmap for regional, national, or global growth.

  • Show a Strong Team: Investors and incubators value capable, committed founders with complementary skills.

  • Provide Realistic Financials: Clear projections and fund utilization plans increase credibility.

  • Prepare a Compelling Pitch Deck: Visual clarity, storytelling, and impact metrics matter.


Success Stories

Several startups have leveraged ACE Foundation’s incubation and seed funding:

  • HealthSense AI: Developed AI-driven healthcare solutions and secured early-stage funding for prototype testing.

  • GreenEnergy Solutions: Leveraged mentorship and funds to scale clean energy innovations across India.

  • EdVantage Tech: EdTech startup that gained national recognition after incubation at ACE Foundation.

These examples highlight how funding, mentorship, and a structured ecosystem accelerate startup growth.


Benefits Beyond Funding

  • Mentorship from industry leaders and IIT faculty

  • Access to state-of-the-art labs, co-working spaces, and meeting rooms

  • Networking with investors, corporate partners, and fellow entrepreneurs

  • Exposure to workshops, bootcamps, and pitch competitions

  • Guidance on commercialization, market entry, and fundraising strategies

ACE Foundation ensures that startups are not just funded but equipped for sustainable growth.


Contact Information


Conclusion

For early-stage startups, applying for seed fund incubator ACE Foundation is a golden opportunity. With mentorship, funding, infrastructure, and networking, ACE Foundation equips startups to scale innovations into successful businesses. By following the application process, preparing a strong proposal, and leveraging the ecosystem, founders can transform their ideas into impactful ventures.

CIBA Seed Fund

Introduction

Starting a startup is an exciting journey full of creativity, ambition, and the drive to create meaningful impact. However, having an innovative idea is often not enough. Early-stage startups in India frequently face challenges like limited funding, lack of mentorship, and minimal access to industry networks. These hurdles can slow down growth and limit the potential impact of an idea.

This is where incubators and seed funding programs come into play. They provide startups with the resources, mentorship, and ecosystem support required to convert innovative ideas into scalable and sustainable businesses.

The Centre for Incubation and Business Acceleration (CIBA) is one such platform that has been instrumental in supporting early-stage startups across India. With operational centers in Goa and Mumbai, CIBA provides not only seed funding but also mentorship, industry connections, prototyping facilities, and a structured incubation environment. Whether you are working in sectors like agriculture, healthcare, energy, biotechnology, or technology-driven solutions, CIBA offers a holistic ecosystem to nurture your startup from concept to commercialization.

This article provides a comprehensive guide on how to apply for the seed fund incubator at CIBA, including eligibility criteria, funding details, application steps, tips for success, and insights into the benefits of joining the program.


What is CIBA?

The Centre for Incubation and Business Acceleration (CIBA) is a technology business incubator established to foster innovation and entrepreneurship in India. It provides startups with access to a robust ecosystem of funding, mentorship, and infrastructure that accelerates growth and commercialization.

Services Offered by CIBA:

  • Seed Funding: Financial support to help early-stage startups develop their products and scale operations.

  • Modern Office Spaces: Access to well-equipped co-working and incubation spaces in Goa and Mumbai.

  • Mentorship & Networking: Guidance from industry experts, experienced entrepreneurs, and academic advisors.

  • Rapid Prototyping Facilities: Resources to build and test product prototypes.

  • Business Plan Assistance: Support in refining business models, revenue strategies, and growth plans.

  • Growth Acceleration: Programs to enhance market readiness and investor engagement.

CIBA is recognized under the Startup India Seed Fund Scheme (SISFS) and the Seed Support System for Start-ups in Incubators by the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology, Government of India.

Website: https://ciba.org.in


Seed Fund Overview

CIBA administers seed funding through the Seed Support System for Start-ups in Incubators. This initiative is designed to provide financial support to early-stage startups that have innovative ideas or technologies and require resources to scale operations and move toward commercialization.

Funding Details:

  • Investment Amount: ₹2 lakh to ₹25 lakh

  • Investment Mode: Equity investment in a private limited company

  • Equity Stake: Up to 20%

  • Board Representation: 1 Board Director or 1 Board observer seat

  • Reporting Requirements: Bi-annual presentations to the seed committee and quarterly/annual financial reports

The funding is aimed at startups at the proof-of-concept or early commercialization stage that are incubated at CIBA.


Eligibility Criteria

Startups applying for CIBA Seed Fund must meet the following:

  • Incorporation: Private Limited Company under the Companies Act, 2013.

  • Ownership: At least 51% owned by Indian citizens.

  • Stage of Development: Validated prototype or proof of concept.

  • Sector Focus: Agriculture, food processing, biotechnology, healthcare, energy, mobility, and other technology-driven sectors.

  • DPIIT Recognition: Preferred but not mandatory.

  • Prior Funding: Must not have received more than ₹10 lakh under other Central or State Government schemes.


Application Process

Applying to CIBA for seed funding is straightforward but requires careful preparation.

Step 1: Visit the Official Website
Access CIBA’s website to find detailed information about incubation programs, seed funding guidelines, and application forms.

Step 2: Download the Incubation Application
Obtain the application form to apply for admission into CIBA’s incubation program.

Step 3: Obtain a Recommendation Letter
CIBA is authorized to recommend startups for benefits under the Startup India Action Plan. Download and complete the Recommendation Letter Application Form.

Step 4: Prepare Required Documents
Ensure you have:

  • Certificate of Incorporation

  • DPIIT Recognition Certificate (if available)

  • Pitch Deck

  • Financial Statements (if available)

  • Founders’ CVs

Step 5: Submit the Application
Submit the completed application form along with all supporting documents to CIBA for evaluation.


Selection Process

The selection process is designed to identify startups with strong potential:

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

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

  3. Due Diligence: Assessment of feasibility, operational readiness, and growth potential.

  4. Onboarding: Successful startups are inducted into CIBA’s incubation program and receive seed funding.


Tips for a Successful Application

  • Clearly Define the Problem & Solution: Show how your solution addresses a real problem in an innovative way.

  • Demonstrate Market Understanding: Highlight target customers, market trends, and competition.

  • Showcase a Scalable Business Model: Present plans for regional, national, or global growth.

  • Highlight a Strong Team: Emphasize complementary skills and experience in the founding team.

  • Provide Clear Financials: Include realistic projections and fund utilization plans.

  • Prepare a Compelling Pitch Deck: Visuals and storytelling matter to make a strong first impression.


Benefits of Incubation at CIBA

Beyond seed funding, CIBA provides:

  • Mentorship: Access to experts in business, technology, and sector-specific domains.

  • Networking Opportunities: Connect with investors, industry partners, and fellow startups.

  • Prototyping Facilities: Use labs and resources to develop and validate products.

  • Market Exposure: Opportunities to test ideas with real customers and partners.

  • Skill Development: Workshops, bootcamps, and training sessions to enhance entrepreneurial skills.


Success Stories

Several startups have successfully scaled with CIBA’s support:

  • AgriTech Startup: Developed IoT-enabled smart farming solutions, leveraging mentorship and funding.

  • HealthTech Startup: Launched digital health platforms using CIBA’s resources and networks.

  • FoodTech Startup: Introduced value-added food products and expanded market reach with incubator support.


Contact Information


Conclusion

For early-stage startups, the CIBA Seed Fund is a vital opportunity to secure financial support, mentorship, and access to a robust incubation ecosystem. By following the application steps, meeting eligibility criteria, and preparing a strong proposal, startups can maximize their chances of selection and growth.

With CIBA’s support, founders can accelerate their journey from concept to commercialization, gain market exposure, and build scalable, sustainable businesses.