IIMCIP
Incubator

IIMCIP

IIM Calcutta Innovation Park

IIM Calcutta

Kolkata, West Bengal, IndiaEst. 2014

Incubator and accelerator run by IIM Calcutta Innovation Park, a nonprofit under the aegis of IIM Calcutta, in Kolkata.

IIMCIP at a glance

Full nameIIM Calcutta Innovation Park
Part ofIIM Calcutta
Established2014
AddressIIM Calcutta, Joka, Diamond Harbour Road, Kolkata 700104
Programmes5 standing programmes
Stages supportedIdea, Prototype, MVP, Early revenue
FeesFree — all 2 programmes that state a fee policy
Official websiteiimcip.org
Emailcontact@iimcip.org

Which IIMCIP programme fits you

5 programmes compared by who they are for, the stage they accept, how long they run and what they cost.

By stage

Idea
NIDHI - Entrepreneur in Residence (EIR) programme
Prototype
NIDHI - Entrepreneur in Residence (EIR) programme
MVP
IDFC FIRST Bank IGNITE Programme, Prakriti Incubation Launchpad Cohort 2, Maruti Suzuki Nurture
Early revenue
Kotak BizLabs Accelerator Programme, Prakriti Incubation Launchpad Cohort 2
ProgrammeBest forStageDurationFormatCost
Kotak BizLabs Accelerator ProgrammeWith Kotak Mahindra BankEarly-revenue startups with social or environmental impactEarly revenueAcceleration journey; mentoring and capacity building across the cohort——
IDFC FIRST Bank IGNITE ProgrammeWith IDFC FIRST BankStartups on environmental and social challenges, at MVP or proof of conceptMVP9 months—Free
Prakriti Incubation Launchpad Cohort 2With Pernod Ricard India (PRIF)North East startups in sustainability and circular economyMVP – Early revenue12 months——
Maruti Suzuki NurtureWith Maruti SuzukiEarly-stage startups building for Indian mobilityMVP6 months—Free
NIDHI - Entrepreneur in Residence (EIR) programmeWith NSTEDB, Government of IndiaFirst-generation technology entrepreneurs with an idea or prototypeIdea – PrototypeOne year——

Programmes they run

Standing programmes at IIMCIP, separate from the funding calls above.

Acceleration for early-revenue startups with measurable social or environmental impact, run as a CSR initiative of Kotak Mahindra Bank with IIMCIP.

Best for: Early-revenue startups with social or environmental impact

  • Early revenue
  • Acceleration journey; mentoring and capacity building across the cohort
  • Grant support for selected startups

With Kotak Mahindra Bank

What you get, who can apply and how to apply

A CSR initiative of Kotak Mahindra Bank, run with IIM Calcutta Innovation Park, for early-revenue-stage startups with measurable social or environmental impact.

What you get

  • Mentoring from the IIMCIP ecosystem
  • Capacity-building bootcamps, workshops and webinars
  • Support on business model, pricing and go-to-market
  • Market access, buyer and corporate connects
  • Investor-readiness support and investor round tables
  • Grant support for selected startups, with a performance-linked top-up

Who can apply

  • Startups in the programme's focus sectors with proven revenue in the last 12 months
  • A valid DPIIT registration

How to apply

The call for applications is listed on the programme page with a date range of November 2026 to July 2027.

Official programme page

Nine-month incubation for startups on sustainable business solutions, with a CSR grant for each selected startup.

Best for: Startups on environmental and social challenges, at MVP or proof of concept

  • MVP
  • 9 months
  • Free
  • Grant support for selected startups

With IDFC FIRST Bank

What you get, who can apply and how to apply

A nine-month incubation programme for startups building solutions to environmental and social challenges, run by IIM Calcutta Innovation Park as implementation partner for IDFC FIRST Bank.

What you get

  • Nine months of structured incubation
  • A CSR grant for each selected startup, with a larger award for top performers
  • One-to-one mentoring and technical bootcamps
  • Mock pitch sessions and investor pitching opportunities

Who can apply

  • Startups registered and operating in India, with at least one Indian citizen founder
  • A functional MVP or proof of concept at TRL 4 or above
  • Incorporated not more than 10 years ago

How selection works

Eligibility screening, assessment by domain experts and jury members, a pitch if shortlisted, and final cohort selection.

How to apply

The stated call window was August to September 2026, with the cohort starting in October 2026.

Full IDFC FIRST Bank IGNITE Programme guide

Twelve-month incubation for North East startups on sustainable business solutions, implemented with Pernod Ricard India (PRIF).

Best for: North East startups in sustainability and circular economy

  • MVP – Early revenue
  • 12 months
  • Grant support for selected startups

With Pernod Ricard India (PRIF)

What you get, who can apply and how to apply

A twelve-month incubation programme for enterprises in the North East Region that address environmental challenges while building sustainable livelihoods.

What you get

  • Twelve months of incubation support
  • One-to-one mentoring and customised bootcamps
  • Guidance on business model, go-to-market, financial management and pitching
  • Market connects and buyer interaction
  • A fellowship grant for each startup, with a reward grant for top performers

Who can apply

  • Early-stage, early-revenue and MVP startups from the North East Region of India
  • Startups in sustainability and circular-economy sectors, including waste management, green manufacturing and cleantech

How to apply

The programme page carries a short application form. The application deadline was extended; check the page for the current date.

Official programme page

Six-month joint programme of Maruti Suzuki and IIMCIP for early-stage startups building solutions for Indian mobility.

Best for: Early-stage startups building for Indian mobility

  • MVP
  • 6 months
  • Free

With Maruti Suzuki

What you get, who can apply and how to apply

A joint initiative of Maruti Suzuki and IIM Calcutta Innovation Park for early-stage startups to co-create solutions for the Indian mobility landscape.

What you get

  • Mentoring and industry connects with Maruti Suzuki and IIMCIP mentors
  • A factory visit
  • An opportunity for a paid proof of concept
  • Pitch rounds that lead to a grand finale

Who can apply

  • Startups registered in India or with an office in India, whose applicant is an India resident
  • Startups with at least a minimum viable product
  • Focus areas include mobility convenience, core manufacturing and operations, AI and digital solutions, and sustainable products and accessories

How to apply

The application form is on the programme page. There is no participation fee.

Official programme page

A government fellowship for first-generation technology entrepreneurs, with pre-incubation at IIM Calcutta Innovation Park.

Best for: First-generation technology entrepreneurs with an idea or prototype

  • Idea – Prototype
  • One year
  • Grant support for selected startups

With NSTEDB, Government of India

What you get, who can apply and how to apply

A fellowship from the NSTEDB of the Government of India for first-generation entrepreneurs who want to validate and develop a technology business idea or prototype.

What you get

  • A monthly fellowship for one year
  • Pre-incubation at IIM Calcutta Innovation Park for ten fellows
  • Guidance from experienced entrepreneurs, and co-working space

Who can apply

  • Indian citizens with at least four years of completed full-time undergraduate or postgraduate education
  • First-generation entrepreneurs with no prior source of income who will work on the idea full time
  • Not a promoter or a significant shareholder of another company

How selection works

Screening takes six to eight weeks from the close of online applications. Only shortlisted applicants are contacted.

How to apply

Apply to a Programme Executing Partner TBI of your choice, and be incubated with that TBI for the length of the support.

Full NIDHI - Entrepreneur in Residence (EIR) programme guide

News

  • Sikkim Government Partners with IIMCIP to Support 250 Startupsentrepreneurindia.com · last month
  • Sikkim, IIMCIP Target 1,000+ Jobs Through 250-Startup Incubation Planindiacsr.in · last month
  • IDFC FIRST Bank, IIMCIP launch Rs 2-cr IGNITE programme for sustainable startupstice.news · 2 months ago

Source: Google News aggregated

How to apply to IIMCIP

Choosing the right programme

  • Kotak BizLabs is for startups with revenue in the last 12 months and a valid DPIIT registration.
  • IGNITE is for startups with a functional MVP or proof of concept at TRL 4 or above, incorporated within the last 10 years.
  • Prakriti is for North East startups at MVP, early-revenue or early stage.
  • Maruti Suzuki Nurture is for early-stage startups with at least an MVP, registered or with an office in India.
  • NIDHI-EIR is for first-generation entrepreneurs with a technology idea who have completed at least four years of formal full-time education.

How applications work

  • Check each programme's page for the current call window, because the dates shown on the site do not always agree.
  • Pay no one for an application. IIMCIP states it never charges for applications.

How selection works

  • IGNITE uses eligibility screening, assessment by domain experts and a jury, a pitch if shortlisted, and final selection on ratings.
  • NIDHI-EIR screening takes six to eight weeks after applications close, and only shortlisted applicants are contacted.

About IIMCIP

IIM Calcutta Innovation Park (IIMCIP) is a nonprofit company set up under the aegis of IIM Calcutta to promote entrepreneurship and innovation. It runs incubation and acceleration programmes from IIM Calcutta, Joka, Kolkata, several of them with corporate CSR partners and one with a government scheme.

What they support

The programmes take technology-enabled and social-impact startups. The Kotak BizLabs Accelerator Programme names sectors including agriculture and supply chains, climate, financial inclusion, education, healthcare, and traditional and craft-based livelihoods. The IGNITE and Prakriti programmes focus on sustainable business: green manufacturing, recycling and upcycling of waste, and clean technologies. The Maruti Suzuki Nurture programme focuses on the mobility landscape in India.

Several programmes have a clear cut-off. IGNITE requires the startup to be incorporated no more than 10 years ago, and the NIDHI-EIR fellowship is for Indian citizens who are not significant shareholders in another company.

Programmes

The Kotak BizLabs Accelerator Programme is a CSR initiative of Kotak Mahindra Bank, run with IIMCIP. It is designed for early-revenue-stage startups with measurable social or environmental impact, offers mentoring, capacity building, market access and investor-readiness support, and includes grant support for selected startups. The programme is pan-India, with outreach focused on East and North-East India.

The IDFC FIRST Bank IGNITE Programme is a nine-month incubation programme for startups working on environmental and social challenges. IIMCIP is the implementation partner. The programme aims to incubate 16 startups, and each selected startup receives a CSR grant, with a larger award for top performers. The stated call for applications ran from August to September 2026, with the cohort starting in October 2026, so this intake is past.

Prakriti Incubation Launchpad Cohort 2 is a twelve-month incubation programme for early-stage, early-revenue and MVP startups from the North East Region of India, implemented by IIMCIP with Pernod Ricard India (PRIF). Selected startups receive a fellowship grant, and top performers can receive a reward grant. The page says the application deadline was extended.

Maruti Suzuki Nurture is a six-month joint initiative of Maruti Suzuki and IIMCIP for early-stage startups building solutions for Indian mobility. Participants get mentoring and industry connects, and the programme includes a factory visit and an opportunity for a paid proof of concept. There is no participation fee.

The NIDHI-EIR programme is a fellowship from the Government of India's NSTEDB for first-generation technology entrepreneurs. It provides pre-incubation at IIMCIP for ten fellows, with a monthly fellowship for one year. Applications go to a Programme Executing Partner TBI of the applicant's choice, and screening takes six to eight weeks after applications close.

Facilities and support

Participants get one-to-one mentoring from IIMCIP and its network of industry experts, customised bootcamps, masterclasses and webinars, business diagnostics and mock pitch sessions, and introductions to investors. The Kotak programme includes investor round tables and a Demo Day. The page for each programme lists its own support in more detail.

How to apply

Each programme has its own application route, listed on its page. IIMCIP states that it never asks for payment to apply for funding or business support, and that no individual can guarantee funding on its behalf in exchange for money. Questions can go to contact@iimcip.org.

Get in touch

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IIM Calcutta, Joka, Diamond Harbour Road, Kolkata 700104

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Frequently asked questions about IIMCIP

What is the full form of IIMCIP?

IIMCIP stands for IIM Calcutta Innovation Park.

What is IIMCIP?

IIMCIP is an incubator based in Kolkata, West Bengal.

What does IIMCIP do?

IIM Calcutta Innovation Park (IIMCIP) is a nonprofit company set up under the aegis of IIM Calcutta to promote entrepreneurship and innovation. It runs incubation and acceleration programmes from IIM Calcutta, Joka, Kolkata, several of them with corporate CSR partners and one with a government scheme.

Where is IIMCIP located?

IIMCIP is located at IIM Calcutta, Joka, Diamond Harbour Road, Kolkata 700104.

What programs does IIMCIP run?

IIMCIP runs Kotak BizLabs Accelerator Programme, IDFC FIRST Bank IGNITE Programme, Prakriti Incubation Launchpad Cohort 2 and Maruti Suzuki Nurture, among others.

Which IIMCIP programme should I apply to?

It depends on how far along your startup is. Idea stage: NIDHI - Entrepreneur in Residence (EIR) programme. Prototype stage: NIDHI - Entrepreneur in Residence (EIR) programme. MVP stage: IDFC FIRST Bank IGNITE Programme, Prakriti Incubation Launchpad Cohort 2 and Maruti Suzuki Nurture. Early revenue stage: Kotak BizLabs Accelerator Programme and Prakriti Incubation Launchpad Cohort 2. Check the programme's own eligibility before applying — several programmes are sector-specific.

Do IIMCIP programmes charge a fee?

No. Every IIMCIP programme that states a fee policy is free to join, including IDFC FIRST Bank IGNITE Programme and Maruti Suzuki Nurture.

Does IIMCIP provide funding?

Selected startups in some IIMCIP programmes can receive grant support, including Kotak BizLabs Accelerator Programme, IDFC FIRST Bank IGNITE Programme, Prakriti Incubation Launchpad Cohort 2 and NIDHI - Entrepreneur in Residence (EIR) programme. Grant amounts are set per programme and cohort, and selection into a programme does not guarantee a grant — check the programme's own page for current terms.

How do I apply to IIMCIP?

- Kotak BizLabs is for startups with revenue in the last 12 months and a valid DPIIT registration. - IGNITE is for startups with a functional MVP or proof of concept at TRL 4 or above, incorporated within the last 10 years. - Prakriti is for North East startups at MVP, early-revenue or early stage.

When was IIMCIP founded?

IIMCIP was founded in 2014. It is an incubator.