IGNITE Program Grant by FITT-IIT Delhi and IDFC FIRST Bank (CSR Initiative)

Foundation for Innovation & Technology Transfer (FITT) - IIT Delhi

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Details

Amount

Upto: ₹30 lakh

Deadline

November 12, 2025

Provider

Foundation for Innovation & Technology Transfer (FITT) - IIT Delhi

Type

grant

About this Opportunity

The IGNITE Program is a Corporate Social Responsibility (CSR) initiative by IDFC FIRST Bank in partnership with FITT-IIT Delhi. It is designed for high-potential Deep-Tech startups.

The program offers a Grant of up to ₹30 Lakhs to eligible ventures.

IGNITE is envisioned as a structured initiative that combines:

  • Funding (Patient Capital)
  • Mentorship
  • Outreach and Monitoring

It focuses on building a strong ecosystem of knowledge-sharing and capacity-building to help startups turn deep innovation into real-world, commercially viable solutions with social impact.

Eligibility

  • Must be a DPIIT-registered startup.
  • Must be a for-profit entity (Pvt. Ltd./LLP/OPC) and less than 7 years old.
  • Must have an ESG-aligned product with demonstrable social impact.
  • Must have a clear commercialization roadmap.
  • Must have a Technology Readiness Level (TRL) of 6+ (prototype demonstrated in a simulated environment or higher).
  • The company must have no defaults/blacklisting.