IIITB Innovation Centre

Offers funding support upto ₹ 4 lakh for prototype stage startups (Entrepreneur-in-Residence) for 12 months, and funding support upto ₹ 7 lakh for Proof of Concept to Product for 12 months. Focus areas include Civic Tech & Education, Financial inclusion including digital payments, Healthcare or Agriculture. Uses emerging digital technology paradigms such as SaaS/PaaS/IoT, AI, Blockchain, Robotics.

The program involves stages: A) Purpose + Discover (Opportunity + Onboarding) for 3-6 Months, B) Pilot (MVP) + Create Solution for 3-6 Months, Refinement for 3 Months, Early Customers + Iterative Changes + Launch for 3-6 Months. Total A + B is 12-18 Months. Additionally, if the start-up shows promise, iterative changes + perfect Product Market Fit in 6-12 Months (Seed to be reached), total duration 2 Years Max. For profit-making companies, they should reach scale, while public-good companies should look at the level of acceptance by their audiences.

Designed to help startups achieve problem/solution fit and solution/customer fit. Offers expert mentorship, guidance from industry advisors, support from IIITB Innovation Centre with strategic ecosystem backing from the Reserve Bank Innovation Hub (RBIH) as Strategic Knowledge Partner. Includes expert-led sessions from Wadhwani Foundation’s Liftoff program. Thematic areas include Digital Payments & Infrastructure, Financial Inclusion, Lending Innovation & Credit Scoring, Cybersecurity & Fraud Management, Climate Tech-Driven Finance. Successful teams may transition into a 12-month incubation program with access to funding opportunities. No grant or fund provided in this pre-incubation program. Offers platform access to FSS BLAZE™ sandbox (2 licenses per startup, AWS-hosted environments), technical mentoring (80 hours/quarter), enablement kit (SDKs, Postman collections, Swagger, MVP blueprints), production readiness support, showcase & promotion opportunities, co-creation and roadmap influence.

Offers dedicated FPO Partners, on-ground validation, technology support, and opportunity to scale up. Duration from September 2, 2024 to December 26, 2024. A CIET Initiative.

Designed to help founders convert ideas into sustainable businesses by achieving problem/solution fit and solution/customer fit. Supported by IIITB Innovation center team and expert mentors and advisors from the industry. Includes sessions from Wadhwani Foundation’s Liftoff program. Thematic areas include Preventive Healthcare, Women Health, Geriatric care, Food & Nutrition, Fitness & Sport, Palliative care. Founders can choose focus areas for startup skillsets. No grant or fund provided in this pre-incubation program. Successful teams have a pathway to a twelve-month incubation program with access to grants/funds from IIITB, Wadhwani Foundation and other investor partners.