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Innovation and Incubation Program

FITT invites Innovative Ideas / Proposals/ Ventures for Financial/Marketing Support under various schemes of Govt. of India.

Sustainable Entrepreneurship and Enterprise Development- SEED BIRAC – www.birac.nic.in
SEED- Third Call for Application – Apply Here!
  • 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
Launching Entrepreneurial Driven Affordable Products- LEAP- BIRAC – www.birac.nic.in
LEAP- Call for Applications – Apply Here!
  • Investment based support to startups for scaling up, funding support upto Rs. 1cr.
  • For biotech start-ups who have successfully validated their products
PHD Incubator Program- IIT Delhi – www.iitd.ac.in
  • Platform for harnessing deep technologies
  • Funding support upto Rs. 50 lakhs to develop PoC and commercialize the technology
NIDHI Seed Support System – DST – www.dst.gov.in
  • Financial support to incubatee start-ups up to Rs 1 crore
Biotechnology Ignition Grant (BIG) Scheme- BIRAC – www.birac.nic.in
  • Establish and validate proof of concept
  • Mentoring incubatees and new start-ups
  • Financial support upto Rs 50 lakh
Pfizer IIT Delhi Innovation & IP Program
  • Funding supports upto Rs 50 lakhs to propel India’s healthcare innovations from idea to IP
Entrepreneurial & Managerial Development (MSME) – www.msme.gov.in
  • To nurture / promote technology / knowledge-based innovative ventures through financial / incubation support
Support Mechanism Technology Development Board (TDB) – www.tdb.gov.in
  • Seed Support to Technology Business Incubators
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

For Details & Applications Please Contact
Program Coordinator,
FITT, IIT Delhi,
Hauz Khas, New Delhi – 110016,
Phone: +91 11 2685 7762, 2651 0432
Email: mdfitt@gmail.com / kirityroy@yahoo.com/ bbif.fitt@gmail.com