Grant and funding routes in the NNF policy
A programme by Navyug Navachar Foundation (Navyug Navachar Foundation)
Prototype, seed, patent and sustenance support from AKTU's Innovation Hub and Uttar Pradesh Startup Policy incentives that NNF can put its startups forward for.
At a glance
| Best for | NNF incubatees, and for some routes students or alumni of AKTU-linked colleges. |
|---|---|
| Stage | Idea – MVP |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Grant and funding routes in the NNF policy
NNF's incubation policy lists several grant and funding routes. They are not NNF's own funds. Most are Innovation Hub schemes of Dr. A.P.J. Abdul Kalam Technical University (AKTU), Lucknow, copied into the policy, plus incentives from the Uttar Pradesh government's startup policy. The policy is dated 2023 and NNF's funding pages are thin, so check which are open before you plan around one.
What is listed
- Sustenance allowance for pass-out student entrepreneurs, paid monthly for up to twelve months with quarterly reviews
- Prototype development fund for students and ideation-stage startups with a proof of concept; the startup must become DPIIT-registered within six months of the grant
- Seed fund for startups judged commercial-ready by an internal committee; it involves giving up a small equity share after the startup turns profitable
- Patent filing grant, reimbursed to incubated startups once a patent is filed
- Grassroot innovator fund, run through AKTU's own incubation centre
- Incentives under the Uttar Pradesh Startup Policy 2020 (sustenance allowance, prototype grant, marketing or seed grant, event participation grant), where NNF can recommend a startup
Who can apply
- Sustenance allowance: alumni of AKTU associated, affiliated or constituent colleges, not studying, with a family-income limit
- Prototype fund: students of AKTU colleges
- Seed fund and patent grant: NNF incubatees
- State incentives: startups recommended by NNF, who may be asked to pitch
How to apply: apply for incubation first, then ask the NNF team (nnf@ietlucknow.ac.in) which of these routes your startup can be put forward for.