IIM Lucknow Enterprise Incubation Centre

IIML Business Advisor is our consulting service arm through which we provide consulting services to Governments, PSUs, Corporates, MSMEs and Startups. We have pioneered in the field of Corporate Venturing and assisting many Maharatna and Navratana PSUs in devising policies & process for setting up and managing the Corporate Venture Capital Fund for Startups.

Goldman Sachs 10,000 Women is a world-class business education program designed exclusively for women entrepreneurs in partnership with India's most prestigious management institutions including IIM Lucknow EIC. The program provides essential tools, skills, and networks to help scale businesses. It has reached over 200,000 women globally and supported over 3,800 women-led businesses in India since 2008. The meticulously structured initiative builds strong strategic, financial, and operational capabilities, taught by world-class faculty. Modules provide practical frameworks for financial management, marketing, negotiation, and leadership, with a focus on fostering innovation and operational excellence. Applicants should be owners or co-owners of a venture, with business operational for at least one year, an annual turnover more than ₹30 lakhs, a minimum of 3 employees, and must not be a previous graduate of 10,000 Women.

IIML-Venture Fund is a corpus of seed funds created by IIML-EIC for supporting early-stage incubated startups. We provide SEED capital under this arm. The fund is sector agnostic with technology focus on industry 4.0. Objective is to provide support to deserving startups to build their financial foundation and raise capital from external investor. Eligibility: Registered company in India incubated at IIML EIC, Shareholding by Indian promoters in the incubate start up should be at least 51%, Startup should be recognized by DPIIT. Fund Size: Upto INR 25 Lacs. Fund Instrument: CCPS.

NIDHI –SSP under the Department of Science and Technology (DST), Government of India provides financial assistance to start-ups with promising Ideas, Innovations, and Technologies. This timely support enables deserving start-ups to build their financial foundation and be able to raise investments from angel and venture capitalist and other financial institutions. Eligibility: Registered company in India with minimum of three months of physical or virtual incubation at IIML EIC, Shareholding by Indian promoters in the incubate start up should be at least 51%, Startup should be recognized by DPIIT. Fund Size: Upto INR 50 Lacs. Fund Instrument: Equity or Quassi Equity Instrument, OCD or CCD.

Startup India initiative of the Government of India envisages building a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. Objective of fund is to provide financial assistance to startups for Proof of Concept, Prototype Development, Product Trials, Market Entry, and Commercialization. Eligibility: A startup, recognized by DPIIT, incorporated not more than 2 years ago at the time of application and must be having technology in its core product or service, or business model. Startup should not have received more than Rs 10 lakh of monetary support under any other Central or State Government scheme. Shareholding by Indian promoters in the startup should be at least 51% at the time of application to incubator for the scheme. Fund Size: Upto INR 50 Lacs. Fund Instrument: Optional Convertible Debt.