Funding

Funding Schemes for Starups Incubated in AIC IIT Delhi

  1. Faculty Innovation and Research-driven Entrepreneurship (FIRE)
    • Funding support upto 50 lakhs
    • Commercialization of the technologies developed at IIT Delhi through Faculty-led Enterprises
  2. Sona-Comstar-IIT Delhi Innovation Program (SCIDIP)
    • Financial support upto 80 lakhs
    • Innovators in Smart, safe and eco-friendly mobility solutions

Platform for Harnessing Deep Technologies (PHD) Incubator

  • Funding upto 50 lakhs
  • Innovators in deep technology domain to develop POC and commercialize technology

Biotechnology Ignition Grant (BIG) Scheme- BIRAC

  • Establish and validate proof of concept
  • Mentoring incubatees and new startups
  • Support upto Rs 50lakhs

NIDHI Seed Support System – DST

  • Support to incubateestartups up to Rs 1 crore

Pfizer IIT Delhi Innovation & IP Program

  • Supports upto Rs 50 lakhs to propel India’s healthcare innovations from idea to IP

Technological Incubation and Development of Entrepreneurs (TIDE), (MCIT) – www.mit.gov.in

  • To support technology ventures/IT and IT & ES at incubators in early stages of their development
    • Bridge between promoters investment and venture/angel investment
    • Equity and operational funding, funding support to start-ups upto Rs. 30 lakhs
    • For biotech start-ups, after completion of PoC
    • Investment based support to startups for scaling up, funding support upto Rs. 1cr.
    • For biotech start-ups who have successfully validated their products

Starups and innovators incubated at AIC IIT Delhi

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