Incubation

STEM Cell — STEM Innovation Entrepreneurship

A programme by FSID, IISc (Foundation for Science Innovation and Development)

FSID's deep science incubator on the IISc campus, open to founders with no IISc affiliation and accepting applications all year.

At a glance

Best forFounders of IP-based deep science and deep tech startups, whether or not they are connected to IISc
StagePrototype – Early revenue
DurationNot stated
FormatIn person
Grant supportFor selected startups. A place in the programme does not by itself guarantee a grant.

About STEM Cell — STEM Innovation Entrepreneurship

STEM describes itself as a domain agnostic, open deep science and deep tech incubator that accepts applications all through the year. It incubates IP-based startups that commercialize science and technology for societal benefit, and says its offerings have been honed over more than 25 years.

What you get

  • Fully furnished physical space on the IISc campus, with no rent
  • Access to labs at IISc, as per IISc policy
  • Access to MATTER, FSID's prototyping labs, at concessional rates
  • Technical and business mentors from IISc and from industry
  • Seed funding through grants and equity-related instruments
  • Cloud credits from partner organisations
  • Access to working capital and debt funding through FSID's partners
  • Group medical insurance covering founders and employees
  • Trainings and events run by FSID and its partners
  • Connects to angel networks, venture funds and corporates, plus the IISc alumni and entrepreneur peer network

Who can apply

  • Anyone with an idea rooted in deep science. FSID states its incubation services are open to all and are not restricted to IISc alumni
  • No incorporation, geography or category requirement is stated

How selection works: a jury made up of FSID's core team, faculty from IISc and other academic institutions, financial and legal experts, partner organisations and domain experts from industry. It assesses the entrepreneurial team, customer problem definition, technology and intellectual property, competitive landscape, markets, business model, financials and societal impact.

How to apply: send your business plan or pitch deck to stem.cell@fsid-iisc.in. There is no form and no deadline — applications are taken all year.

Where to apply

Other FSID programmes

Everything about FSID, IISc