Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology
By IIT Palakkad Technology IHub Foundation (IPTIF)
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Quick Answer
Samriddhi 2.0 is an incubation program by TECHIN IIT Palakkad and Symega Food Ingredients, offering up to ₹5 Lakhs funding and hybrid incubation for Food Technology startups at TRL 4+ addressing industry challenges.
Results & next round
Applications for this round closed on 10 July 2026. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by IIT Palakkad Technology IHub Foundation (IPTIF). Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this funding program
Samriddhi 2.0, an initiative by the Technology Innovation Foundation (TECHIN) of IIT Palakkad in collaboration with Symega Food Ingredients Ltd., is a focused incubation program aimed at fostering innovation within the crucial Food Technology sector. The program seeks to identify, nurture, and accelerate startups and innovators who are developing solutions at Technology Readiness Level (TRL) 4 and above. These innovations are expected to tackle pressing industry-relevant challenges across the entire food ecosystem, from production to consumption and waste management. The program's core objective is to bridge the gap between promising technological concepts and market-ready solutions, providing a robust platform for early-stage ventures. By focusing on TRL 4+ technologies, Samriddhi 2.0 targets innovations that have moved beyond the ideation phase and demonstrated a working prototype in a laboratory setting. This ensures that selected startups possess a tangible foundation upon which to build and scale their solutions. The collaboration with Symega Food Ingredients Ltd., a leader in sensory solutions, brings invaluable industry expertise and market perspective to the incubatees, enhancing their potential for commercial success. Samriddhi 2.0 also aligns with IIT Palakkad's mission to cultivate an environment of knowledge pursuit and innovation. Through TECHIN, its dedicated incubator arm, the program actively supports aspiring entrepreneurs in transforming their innovative ideas into sustainable and impactful businesses. This holistic approach encompasses not only financial assistance but also comprehensive mentorship, access to advanced infrastructure, and critical industry connections, positioning Samriddhi 2.0 as a pivotal platform for food tech innovators in India.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Funding providers
IIT Palakkad Technology IHub Foundation, known as IPTIF, is a not-for-profit company set up by IIT Palakkad in 2020. It is one of 25 Technology Innovation Hubs the Department of Science and Technology created under the National Mission on Interdisciplinary Cyber-Physical…
Learn moreBenefits & Funding
- Amount
- Up to ₹5 Lakhs
What You Get
Selected innovations in the Food Technology sector will receive funding support of up to ₹5 Lakhs (INR 500,000), structured as an equity investment as part of a comprehensive hybrid incubation program. This includes expert mentorship from IIT Palakkad's network and industry leaders, access to state-of-the-art laboratory and fabrication facilities, and subsidized incubation space. Startups will also benefit from crucial business support, including legal, financial, and IP consultation, along with investor access to help fine-tune their business models and scale their ventures.
Timelines & Process
Selection Process
Applications are initially reviewed by a panel of experts. Shortlisted teams are then invited to participate in a first virtual pitching round, where both the technical viability and business potential of their proposed innovations are assessed. Teams that successfully navigate this stage will advance to a final pitching round. The final selection will be based on the outcomes of these pitching rounds and evaluator recommendations. The exact funding amount and equity stake will be determined through discussions with the winning teams.
Application Process
- 1
Submit Application
Applicants submit their innovative Food Technology ideas via the online portal.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is Samriddhi 2.0?
Samriddhi 2.0 is an incubation program by TECHIN IIT Palakkad and Symega Food Ingredients Ltd., aimed at supporting innovative solutions in the Food Technology sector. It offers funding, mentorship, and incubation support to early-stage startups.
What kind of funding is provided?
The program offers funding support of up to ₹5 Lakhs. This is provided as an equity investment, with TECHIN holding a minor equity stake in the selected startups.
What are the eligibility criteria for applicants?
Applicants must be Indian nationals, have an innovative idea in Food Technology at TRL-4 or above (with a working prototype), and either be a registered startup or willing to register upon selection. A founder/co-founder must be full-time engaged.
What thematic areas does the program focus on?
The program focuses on Innovative Food Production & Processing, Sustainable Packaging & Preservation, Smart Processing & Automation, Food Waste Management & Circular Economy, and Food Safety, Quality & Nutritional Innovation.
Do I need to relocate to Palakkad for the incubation?
No, the program offers hybrid incubation (Online & Offline) and virtual pitching. While incubation space is available at a subsidized rate, relocation is not mandatory.
Is DPIIT Startup India recognition required?
Applicants should be a startup or willing to register as a startup immediately after the selection process. While not explicitly stated as a prerequisite, DPIIT recognition is typically a part of formal startup registration in India and would be expected.
What does the incubation support include?
Incubation support includes mentorship from experts and the PAN IIT network, business model fine-tuning, subsidized incubation space, access to fabrication and rapid prototyping facilities, and consultation for legal, financial, IP, and business aspects, along with investor connect.
Sources
Data on this page is compiled from official program and provider references.
