Incubation

XCITE Rural Business Incubation Programme

A programme by XCITE (XLRI Council for Innovation, Technology and Entrepreneurship) (XLRI Council for Innovation, Technology and Entrepreneurship)

A six-month hybrid incubation for rural founders in 12 eastern and north-eastern states, with mentoring and milestone-linked grant support. Cohort 1 applications are closed.

At a glance

Best forRural, agri-based and grassroots founders, producer groups and cooperatives in eastern and north-eastern India
StageIdea – Early revenue
Duration6 months
FormatHybrid
CostNo equity
Grant supportFor selected startups. A place in the programme does not by itself guarantee a grant.
Run withNABARD

About XCITE Rural Business Incubation Programme

XCITE's flagship programme for rural, agri-based and grassroots enterprises. Applications for the first cohort have closed, and founders can register interest for future cohorts.

What you get

  • Structured mentoring from founders and sector experts, with at least one one-on-one session a month
  • Hands-on help with business development, compliance and market linkages
  • Incubation space, on-campus learning and a common services pool for IT, marketing, e-commerce, legal and compliance
  • Grant support during incubation in up to three milestone-linked tranches, with no equity taken
  • An opening bootcamp and a graduation bootcamp with demo day at XLRI Jamshedpur
  • Exposure visits and links to producer organisations, NABARD field offices, state livelihood missions and CSR partners
  • After graduation, quarterly review support for up to 12 months and an alumni track

Who can apply

  • Individuals, teams, farmer producer organisations, self-help groups, cooperatives and student ventures operating in Bihar, Jharkhand, Odisha, West Bengal, Sikkim, Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland or Tripura
  • Ventures at idea stage, pre-revenue or early-revenue
  • Women-led and tribal-led ventures get a reserved share of at least 30% of each cohort
  • No registration is needed to apply, but a registered entity is needed before any grant is paid

How selection works: Pre-screening, then an interview with the incubation committee, scored out of 100. A score of at least 50 is needed. About 4 to 6 weeks from close to result.

How to apply: Cohort 1 is closed. Use the register-interest link on the XCITE page to be told when the next cohort opens. Questions can go to xcite.office@xlri.ac.in.

Where to apply

Everything about XCITE (XLRI Council for Innovation, Technology and Entrepreneurship)