STBI Growth Fund Seed Investment 2026
By Savli Technology and Business Incubator (STBI)
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Quick Answer
Equity investment up to ₹2 crore for advanced-stage science & technology startups with active operations in Gujarat, offered by STBI.
- Funding amount
- Up to ₹2Cr
- Funding type
- Equity
- Application deadline
- 9d — 24 Nov 2026
- Location
- Open to startups registered in India
- Registrations needed
- DPIIT recognition, Private Limited company registration
About this funding program
The G₹OWTH Fund, a flagship initiative by Savli Technology & Business Incubator (STBI) under the Department of Science & Technology, Government of Gujarat, is dedicated to fostering science & technology-driven startups. This program specifically focuses on supporting deep-tech ventures as they navigate the critical 'Valley of Death' phase, which encompasses technology validation and commercialisation. The Seed Investment component is tailored for advanced-stage startups, providing crucial capital to help them scale and achieve market entry. It is designed for high-potential ventures with robust value propositions and a strong foundation in technological innovation.
This investment aims to facilitate various growth activities, including pilot-scale production, full-fledged commercialisation, market expansion, further advancement of Technology Readiness Levels (TRL), and overall scaling of operations. By offering significant capital and strategic support, the G₹OWTH Fund Seed Investment seeks to accelerate the journey of promising startups from advanced development to market leadership, cementing Gujarat’s commitment to fostering a vibrant and innovative startup ecosystem.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Funding providers
Savli Technology and Business Incubator (STBI) is a technology business incubator run by the Department of Science and Technology, Government of Gujarat (DST-GoG). It sits inside the GIDC industrial estate at Savli, Manjusar, on the outskirts of Vadodara, and works mainly with…
Learn moreBenefits & Funding
- Amount
- Up to ₹2Cr
What You Get
The G₹OWTH Fund provides a substantial equity investment of up to ₹2 crore per startup. This capital is specifically designed to support advanced-stage science and technology ventures through critical phases such as pilot-scale production, commercialisation, market entry, and expansion. The investment structure involves equity, equity-linked instruments, debentures, or other similar legally permissible convertible instruments, enabling startups to focus on growth without immediate repayment burdens. Beyond funding, selected ventures will benefit from the broader support ecosystem of Savli Technology & Business Incubator (STBI), which includes strategic guidance for TRL advancement and scaling high-potential technologies. The program is geared towards fueling ideas and powering startups to achieve limitless growth.
Timelines & Process
Selection Process
Applications for the G₹OWTH Fund Seed Investment are rigorously evaluated by a selection committee comprising experts from Savli Technology & Business Incubator (STBI) and representatives from the Department of Science & Technology, Government of Gujarat. The evaluation criteria focus on the startup's technological innovation, scalability, market potential, team capabilities, and alignment with the program's objectives to support ventures past the 'Valley of Death'. Shortlisted startups will undergo a detailed due diligence process, which may include reviewing financial projections, intellectual property, and operational plans. Final selections are made based on these comprehensive assessments, aiming to identify high-potential deep-tech ventures ready for commercialisation and significant market impact.
Application Process
- 1
Submit Application
Submit your online application through the STBI portal, including all required documents and details.
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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
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What kind of funding is offered under the Seed Investment component?
The Seed Investment component offers equity funding, which may include equity-linked instruments, debentures, or other legally permissible convertible instruments, up to ₹2 crore per startup. This is not a grant or a loan.
What is the maximum amount of funding a startup can receive?
Startups can receive up to ₹2 crore (₹20,000,000) as equity investment under this component of the G₹OWTH Fund.
What are the key eligibility criteria for the Seed Investment?
Eligible startups must be DPIIT-recognised Private Limited Companies, not more than 10 years old, with cumulative revenue not exceeding ₹100 crore in the last 5 years. Additionally, they must have at least 51% ownership and control with Indian promoters and demonstrate active business operations in Gujarat.
Can startups based outside Gujarat apply for this investment?
Yes, startups incorporated anywhere in India can apply, provided they have active business operations in Gujarat. This includes manufacturing, processing, or research & development activities within the state.
Which technology readiness level (TRL) is this investment aimed at?
The Seed Investment is generally aimed at advanced-stage startups, specifically those at Technology Readiness Level (TRL) 5 onwards, focusing on validation, commercialisation, and scaling.
What is the application deadline for the Seed Investment?
The last date to apply for the Seed Investment component is 24 November 2026, 5:00 PM IST.
Sources
Data on this page is compiled from official program and provider references.
