The Startup Incubation and Innovation Centre, IIT Kanpur (incubatoriitk), invites applications for the SIDBI Seed Fund Programme for Ministry of Micro, Small and Medium Enterprises, Government of India (MSMEs) and startups in the defence and related sectors. This initiative is hosted under FIRST (Programme/SPiDeR) in collaboration with iDEX and aims to promote innovation-led growth in domestic defence manufacturing, import substitution, and export potential.
Program Offerings
Startups and MSMEs selected under this program may receive seed funding support in the form of equity or equity-like instruments, ranging from ₹10 lakhs to ₹150 lakhs.
Supported activities may include:
- Testing, trials, and prototype validation
- Product design and development
- Technology transfers and pilot-scale manufacturing
- Field and market trials
- Product launch and scale-up
Other components deemed eligible by the Investment Committee
Focus Sector
Startups and MSMEs referred and supported by iDEX under various challenges, specifically in the defence and allied sectors, are encouraged to apply.
Contact: Ashish Sharma
Email: ashish.sharma@iitkfirst.com