EVOLVE 4.0 Incubation Program
By AIC-Pinnacle Entrepreneurship Forum
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
AIC-Pinnacle × NATRAX incubation for MVP-to-commercialization mobility and EV startups — mentorship, testing support, industry and investor connect. Cohort of up to 20. Deadline 20 October 2026.
- Funding amount
- Varies
- Funding type
- Grant
- Application deadline
- 13d — 20 Oct 2026
- Location
- Open to startups registered in India
About this grant
EVOLVE 4.0 is an incubation program by AIC-Pinnacle Entrepreneurship Forum in collaboration with NATRAX – National Automotive Test Tracks, built to accelerate startups shaping Indian mobility and electric transportation.
The cohort supports ventures from MVP to commercialization across EV & mobility, components & battery technology, telematics & connected mobility, shared & smart mobility, aerial mobility, automotive technology, mobility software & digital solutions, and allied emerging technologies.
Selected startups (up to 20) get mentoring and ecosystem support, product development and testing support (strengthened by the AIC-Pinnacle–NATRAX MoU for testing and validation), industry and market connect, investor connect and funding support, and national and international exposure.
On AIC-Pinnacle’s site, Evolve is described as a 12-month program with four modules — Idea & Research, Funding Access, Product Development, and GTM Strategies — culminating in an investor demo day. No fixed cash grant or equity stake is stated in the Evolve 4.0 call materials.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
AIC-Pinnacle Entrepreneurship Forum is an Atal Incubation Centre in Pune, registered as a Section 8 not-for-profit company and hosted by Pinnacle Industries Ltd., an automotive interiors, seating, EV components and speciality vehicles manufacturer. It says it is supported by the…
Learn moreNATRAX (National Automotive Test Tracks) is India’s national automotive proving ground and test facility. It partners with incubators such as AIC-Pinnacle Entrepreneurship Forum to give mobility and EV startups access to testing, validation and automotive technical expertise.
Learn moreBenefits & Funding
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
- Mentoring & ecosystem support from AIC-Pinnacle
- Product development & testing support, including pathways via the NATRAX collaboration for automotive testing and validation
- Industry & market connect
- Investor connect & funding support, including an investor demo day as part of the Evolve programme design
- National & international exposure
No fixed cash grant or equity percentage is published for Evolve 4.0; funding support is through investor connect and ecosystem pathways.
- Duration
- 12 months
- Cohort size
- 20 startups
- Bootstrap friendly
- Yes
Timelines & Process
Selection Process
Applications are screened for fit with mobility/EV focus areas and stage. AIC-Pinnacle and NATRAX stakeholders evaluate shortlisted teams; selected startups join the incubation cohort (up to 20).
Application Process
- 1
Submit application
Complete the Evolve 4.0 Google Form.
You - 2
- 3
- 4
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
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is EVOLVE 4.0?
An incubation program by AIC-Pinnacle Entrepreneurship Forum with NATRAX to accelerate startups in Indian mobility and electric transportation from MVP to commercialization.
What do selected startups get?
Mentoring, product development and testing support, industry and market connect, investor connect and funding support, and national/international exposure. No fixed cash grant is published.
Who should apply?
Startups building EV, battery/components, telematics, shared/smart mobility, aerial mobility, automotive tech, mobility software, or allied emerging technologies at MVP to commercialization stage.
How large is the cohort?
Up to 20 startups.
When is the deadline?
Applications close on 20 October 2026.
Sources
Data on this page is compiled from official program and provider references.
