What kind of funding does this program offer?

The SIDBI Seed Fund Program at IIML EIC provides equity-based funding, meaning the program invests in your startup in exchange for a stake in your company. This is not a grant or a loan, and the funding does not need to be repaid.

What is the maximum funding amount available?

Eligible DeepTech startups can receive an investment of up to ₹50 lakhs through this program. The exact amount will depend on the startup's potential, stage, and specific funding requirements assessed during the selection process.

Which industries or sectors are preferred?

The program specifically targets DeepTech startups, with a strong focus on Artificial Intelligence (AI), Robotics, Internet of Things (IoT), Blockchain, Advanced Manufacturing, and other emerging technologies that demonstrate significant innovation.

Is DPIIT registration mandatory?

Yes, your startup must be officially recognized and registered with DPIIT under the Startup India initiative.

Is incubation with IIML EIC mandatory?

Startups must either already be incubated at IIML EIC or be willing to join the IIML EIC incubation program as part of the application and funding process. This ensures access to the full suite of support services.

What non-financial support is provided?

Beyond funding, the program offers expert mentorship, networking opportunities, strategic guidance, a curated startup toolkit, help desk support for legal, IPR, and financial matters, and access to advanced lab infrastructure including supercomputers, IoT labs, and 3D printing facilities.

SIDBI Seed Fund Program - IIML EIC

Under SIDBI Seed Fund by IIM Lucknow Enterprise Incubation Centre

ClosedUp to ₹50L

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Higgsfield Plus — 1 year through Startup Grants India

Funding providers

Provider

IIM Lucknow Enterprise Incubation Centre

Noida · Uttar Pradesh · India

IIM Lucknow Enterprise Incubation Centre (IIML-EIC) Established in 2011 as a Section 8 company by IIM Lucknow, the Enterprise Incubation Centre (IIML-EIC) operates from IIM Lucknow's Noida campus in Sector 62. Supported by NSTEDB (DST) and the Uttar Pradesh State Government,…

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Application Process

1
Apply Online
Submit your application form and required documents via the designated online portal.
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How to apply

Four steps from draft to disbursement — one action each.

1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
4
Submit on the official portal
Use the official application link and verify all details before final submission.
5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.

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Sources

Data on this page is compiled from official program and provider references.

IIM Lucknow Enterprise Incubation CentreProvider

News

India's SIDBI-iDEX fund to back defence startups with up to ₹1.5 Croreapp.dealroom.co · last month

Source: Google News aggregated

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Subsidies

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Debt programs

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Up to ₹10L

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Up to ₹25L

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The SIDBI Seed Fund Program at IIM Lucknow Enterprise Incubation Centre (IIML EIC) is a crucial initiative designed to bolster India's burgeoning DeepTech startup ecosystem. In partnership with the Small Industries Development Bank of India (SIDBI), this program aims to provide timely seed capital to promising DeepTech ventures, enabling them to overcome initial financial hurdles, accelerate product development, and scale their businesses effectively. This strategic collaboration leverages IIML EIC's deep incubation expertise and SIDBI's financial muscle to identify, nurture, and propel startups in critical emerging technology sectors. The program is committed to fostering innovation and market expansion for startups that are developing cutting-edge solutions.

DeepTech startups often face longer gestation periods and higher R&D costs compared to other sectors. This seed fund addresses these specific challenges by offering not just financial backing but also a comprehensive support system that includes mentorship, strategic guidance, access to advanced lab infrastructure, and critical business support services. By participating, startups gain a significant advantage through IIML EIC's curated ecosystem, designed to provide a fertile ground for innovation and successful market entry.

SIDBI Seed Fund Program - IIML EIC

SIDBI Seed Fund Program - IIML EIC

Funding providers

Application Process

How to apply

Sources

News

Webinars

Can Your Startup Win Grants?

Introduction to Grants, Subsidies and Incentives

Grants closing soon

Subsidies

Debt programs

Competitions closing soon

Equity closing soon

Frequently Asked Questions

About this funding program

Eligibility

Timelines & Process

Benefits & Funding

Webinars

Can Your Startup Win Grants?

Introduction to Grants, Subsidies and Incentives

Grants closing soon

Subsidies

Debt programs

Competitions closing soon

Equity closing soon

Startup Software Credits

Higgsfield

Replit

Warp

Manus

Semrush

Bolt

Hostinger

Notion

Reclaim.ai

Microsoft

Huawei

Google

Results & next round