Prakriti Incubation Launchpad Cohort 2
By IIM Calcutta Innovation Park
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Quick Answer
An incubation program by IIM Calcutta Innovation Park and Pernod Ricard India Foundation offering grants and mentorship to early-stage sustainable businesses from India's North Eastern Region.
- Funding amount
- Up to ₹15 Lakhs
- Funding type
- Grant
- Provider
- IIM Calcutta Innovation Park
- Application deadline
- Closed
Results & next round
Applications for this round closed on 18 August 2026. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by IIM Calcutta Innovation Park. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this grant
The Prakriti Incubation Launchpad Cohort 2, a flagship program by IIM Calcutta Innovation Park (IIMCIP) in partnership with Pernod Ricard India Foundation (PRIF), is meticulously designed to foster sustainable business solutions in India's critical North Eastern Region. This initiative specifically targets nascent enterprises committed to addressing pressing environmental challenges while concurrently generating sustainable livelihoods for local communities. The program aims to support innovative startups that contribute significantly to environmental conservation, inclusive economic growth, climate resilience, and sustainable industrial development within the region, proactively tackling issues such as rapid urbanization, inefficient resource management, limited waste infrastructure, environmental degradation, and pollution.
Key focus areas for this cohort are strategically aligned with regional needs: Green Manufacturing, which actively encourages the adoption of energy-efficient, low-carbon, and resource-optimized production processes; Recycling and Upcycling of Waste, by supporting groundbreaking solutions that convert various forms of agricultural, industrial, and consumer waste into high-value-added products; Cleantech Solutions, an umbrella category encompassing renewable energy applications, advanced water and wastewater management, air quality solutions, and climate-resilient technologies; and the Promotion of Local and Indigenous Resources, by enabling enterprises to responsibly harness regional raw materials, traditional knowledge, and local skills to create market-ready, scalable, and environmentally sustainable products and services.
IIMCIP, serving as the implementing partner, plays a pivotal role in identifying and nurturing scalable startups. Their expertise covers comprehensive assessment of market and investment readiness, alongside providing extensive one-on-one mentoring support. The program offers strategic guidance on critical aspects such as product development, effective customer identification, and robust pricing strategies, ensuring that participating startups are thoroughly equipped for successful market entry and sustainable growth.
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
IIM Calcutta Innovation Park (IIMCIP) is a Section 8, not-for-profit company set up in 2014 under the Indian Institute of Management Calcutta. It is recognised as a Technology Business Incubator by the Department of Science and Technology, and it is based on the IIM Calcutta…
Learn moreOverview Pernod Ricard India Foundation (PRIF) is the Section-8 CSR vehicle of Pernod Ricard India, the Indian subsidiary of the global French spirits major Pernod Ricard. Established to deliver Pernod Ricard's commitment to corporate social responsibility in India, PRIF…
Learn moreBenefits & Funding
- Amount
- Up to ₹15 Lakhs
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
The Prakriti Incubation Launchpad offers comprehensive support, starting with a fellowship grant for each selected startup, providing crucial initial capital to accelerate their development. Additionally, top-performing startups are eligible for a reward grant of up to ₹15 lakhs, incentivizing excellence and significant growth within the program. Beyond financial assistance, the program delivers 12 months of intensive incubation support, including personalized one-on-one mentorship from IIM Calcutta Innovation Park's experienced team. Participants benefit from customized capacity-building bootcamps and webinars, covering essential topics like robust business model development, effective go-to-market strategies, sound financial management, and persuasive pitching techniques. The program also facilitates vital market connects and buyer interactions, alongside extensive networking opportunities with key ecosystem partners and industry experts, ensuring startups gain visibility, access to essential resources, and strategic partnerships for scaling their impact.
- Disbursement
- Milestone Based
- Duration
- 12 months
- Funding source
- CSR funded
- Bootstrap friendly
- Yes
Timelines & Process
Selection Process
Applications for the Prakriti Incubation Launchpad Cohort 2 will undergo a rigorous selection process led by IIM Calcutta Innovation Park (IIMCIP). The process begins with an initial screening of all submitted applications to verify eligibility and assess their alignment with the program's focus areas in sustainable business solutions for the North Eastern Region. IIMCIP's expert team will evaluate the scalability of the startups, assess their market potential, and determine their readiness for investment. Shortlisted startups will typically be invited for a subsequent round of evaluations, which may include interviews, detailed presentations of their business models, or pitching sessions before a distinguished selection committee. This committee, comprising representatives from IIMCIP and possibly industry experts, will make the final decisions on cohort members and identify the top-performing startups eligible for the reward grants, based on their innovation, impact potential, and business viability.
Application Process
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Apply Online
Submit your startup application through the official portal with all required details.
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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
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the main objective of the Prakriti Incubation Launchpad Cohort 2?
The program aims to promote enterprises that address environmental challenges while generating sustainable livelihoods, specifically focusing on the North Eastern Region of India.
What kind of financial support is offered to participating startups?
The program provides a fellowship grant to each startup in the cohort and a reward grant of up to ₹15 lakhs for the top-performing startups.
What are the key focus areas for businesses applying to this program?
The program focuses on Green Manufacturing, Recycling and Upcycling of Waste, Cleantech Solutions (renewable energy, water management, air quality, climate-resilient tech), and Promotion of Local and Indigenous Resources.
Who is eligible to apply for this incubation launchpad?
Early-stage, early-revenue, and MVP startups from the North East Region of India are eligible. Applicants must be Indian citizens, and their businesses must be operational in the North East.
What kind of support, beyond funding, can startups expect?
Startups will receive 12 months of incubation support, one-on-one mentorship from IIMCIP, capacity building bootcamps, guidance on business models and GTM, market connections, and networking opportunities with ecosystem partners.
Is DPIIT Startup India recognition a mandatory requirement for application?
While the program references a standard DPIIT-style startup definition for context, it does not explicitly state that DPIIT Startup India recognition is a mandatory requirement for application.
Sources
Data on this page is compiled from official program and provider references.
