What are the key benefits of this program?

Selected startups can receive up to 30 Lakhs equity funding along with mentorship, incubation support, networking, and growth support. Successful ventures can further qualify for up to 15 Crore venture funding from VCF-SC.

Who is eligible for this opportunity?

Applicants must belong to Scheduled Caste (SC) or SC Divyang category and must be identified or supported by TBIs, AICs, Science & Technology Parks/STPI, or government-supported/reputed private incubators. Students from Smart India Hackathon are also eligible.

Is this opportunity suitable for early-stage startups?

Yes, this is suitable for idea-stage and MVP-stage startups across all sectors.

What is the deadline?

No specific deadline. Applications are accepted on an ongoing basis through TBIs.

Does the program take equity?

Yes. VCF-SC provides equity funding (equity stake in the startup) up to 30 lakhs over 3 years.

Ambedkar Social Innovation and Incubation Mission (ASIIM) – Up to ₹30 Lakhs

The Ambedkar Social Innovation and Incubation Mission (ASIIM) is a Government of India initiative under the Venture Capital Fund for Scheduled Castes (VCF-SC), launched by the Ministry of Social Justice and Empowerment.

The program is designed to promote entrepreneurship among Scheduled Caste (SC) youth, particularly those working on innovative and technology-driven ideas. It focuses on enabling early-stage founders to transition from ideation to commercially viable businesses through structured incubation and financial support.

ASIIM operates through a network of Technology Business Incubators (TBIs), including those supported by the Department of Science and Technology and other recognized incubation centers. Startups are identified and supported within these ecosystems, ensuring that ideas are validated, nurtured, and guided toward commercialization.

The initiative aims to support 1,000 innovative ideas, emphasizing ventures that contribute to socio-economic development while leveraging technology.

Ambedkar Social Innovation and Incubation Mission (ASIIM)

Ambedkar Social Innovation and Incubation Mission (ASIIM)

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