Startup Seed Fund: grant category
A programme by Yeshwantrao Chavan College of Engineering (Yeshwantrao Chavan College of Engineering)
A milestone-paid grant for proof of concept, prototype development or product trials, for DPIIT-recognised startups with YCCE promoters.
At a glance
| Best for | DPIIT-recognised startups under two years old, with YCCE promoters |
|---|---|
| Stage | Prototype – MVP |
| Format | In person |
| Cost | Takes equity |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Startup Seed Fund: grant category
The grant helps incubated startups validate proof of concept, build a prototype or run product trials. It is paid in milestone-based instalments and must be spent on technology development and commercialisation, not on building facilities.
What you get
- A grant paid against milestones agreed with the selection committee
Who can apply
- Startups recognised by DPIIT and incorporated no more than two years before applying
- Companies in which YCCE promoters (students or faculty) hold at least 51% at the time of application
- Startups that have not received monetary support under another central or state scheme
How selection works: an Experts Advisory Committee checks eligibility, then scores the team, the idea, the business plan and the fund-use plan. It decides within 45 days of an application.
How to apply: send the prescribed application form with a pitching deck to yccetbif@ycce.edu. The call is open throughout the year. The published seed rules are dated 2021, so confirm the current call first.
Where to apply
Other YCCE programmes
- Startup Seed Fund: convertible debenture categoryRepayable seed investment, by convertible debenture, for market entry, commercialisation or scale-up by incubated startups.
- YCCE TBI Foundation technology business incubationAdmission to the YCCE TBI Foundation incubator for technology startups, with co-working space, faculty mentoring and part-time professional services.