Startup India Seed Fund Scheme at BIC-HPU
A programme by Biotechnology Incubation Centre (BIC-HPU) (Biotechnology Incubation Centre)
BIC-HPU has been a sanctioned Startup India Seed Fund incubator since 2023, passing funds to selected startups as grant or as debt.
At a glance
| Best for | DPIIT-recognised startups looking for seed support through a sanctioned incubator |
|---|---|
| Format | In person |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry |
About Startup India Seed Fund Scheme at BIC-HPU
BIC-HPU was sanctioned as an incubator under the Department for Promotion of Industry and Internal Trade's Startup India Seed Fund Scheme in 2023. It selects startups and disburses to them, some as grant and some as debt, and it publishes the resulting list with each company's DPIIT recognition number.
What you get
- Seed support disbursed by BIC-HPU as grant or as debt, decided case by case.
- A place at the centre and the same facilities its other incubatees use.
Who can apply
- DPIIT-recognised startups. Every company on the centre's funded list carries a DPIIT recognition number.
- Not restricted to Himachal Pradesh. Two of the eleven companies the centre lists as funded are registered in West Bengal and in Chandigarh.
- The centre's funded list spans agriculture, food and beverages, healthcare and life sciences, textiles and apparel, education, household services and specialty retail, so it is not confined to biotechnology despite the centre's name.
How selection works: through an Incubator Seed Management Committee chaired by the incubator's own nominee, with a representative of the state startup nodal team, a venture fund and angel network representative, an angel investor, and domain experts from industry and from academia.
How to apply: on the national Startup India seed fund portal, naming BIC-HPU as your chosen incubator. The centre's apply page links straight to it.