• IITB-IOE Scale-up Support Application Form

    IITB-IOE Scale-up Support Application Form

  • Scale-up Support

    Objective: To accelerate product development and go-to-market 
    Funding Support: INR Up to 100 Lakhs

    Instrument: Equity or Equity-linked  
    Tenure: 12 to 18 months 

    Click here for detailed guidelines of Scale-up support

    Instructions

    • To avail this funding startups needs to be incubated with SINE (if not already incubated) before the disbursement of seed fund. Click here for more information on SINE Incubation: General Terms and Support.
    • Before filling out the application form, read the eligibility criteria & terms and conditions carefully.
    • Click on the section name to expand the application form details.
    • Please be ready with the following documents before filling up the form, as the same has to be uploaded in the form.
      1. Company Pitch deck- Click here to download SINE Pitch Deck template.
      2. Copy of the Resolution passed by the board of the Company. 
      3. Certificate of Incorporation 
      4. Memorandum and Articles of Association 
      5. If an application is made after the commencement of operations of a company, the company will submit its latest financial position 
      6. Promoters’ contribution to the capital 
      7. Any other material to substantiate its seed support application such as outstanding client orders, letters of intent for placing orders, strategic alliance agreements with customers, invoices for services rendered, and alike. 
    • Eligibility 
      • The proposed project should be Technology/Science-based. 
      • The applicant must be a startup as per the DPIIT definition. If it is LLP or registered partnership, the applicant must be ready to convert the same into a company under the Companies Act, 2013 before releasing of the funds. 
      • At least one of the startup founding members must be either a student, faculty member, alumni, or staff member of IIT Bombay OR established linkage with IITB through a faculty member/researcher association or through IP. 
      • Selected startups needs to be incubated with SINE (if not already incubated) before the disbursement of seed fund.
      • The stage of the product may be Prototype/MVP/Market ready.  
      • The product should have a clear roadmap toward commercialization. 
      • The startup should have a requisite skillset or background within their team. 
      • IP ownership should be either with IIT Bombay or with applicant startups or innovators who have been assigned to the startups. If IP is owned by a third party, the applicant must have an exclusive right to use IP. 

      Please note: SINE reserves the right to revise the guidelines/approach.
      Application Deadline: 11:59 PM on 10/09/2024

  • Scale-up Fund Application Form

    • Applicant Details 
    • Have you registered as a private limited entity?*
    • Date of Incorporation*
       - -
      2 digit day, 2 digit month, 4 digit year
    • Promoter details*
      Rows
    • Team details*
      Rows
    • Mentor/Advisor details
      Rows
    • Key employee details*
      Rows
    • Product Details 
    • What technology area(s) are you using or intend to use in product?*

    • Stage of the Company*
    • Revenue Generated*
      Rows
    • List of the top 3 Paying customers*
      Rows
    • 0/500
    • Do you have a patent ?*
    • IP Details*
      Rows
    • Market Segment  
    • 0/500
    • List of Competitors*
      Rows
    • 0/500
    • Financial Details 
    • Have you raised funds ?*
    • Fund raised till date ?*
      Rows
    • 0/500
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    • 0/500
    • 0/500
    • Refer to SINE Pitch template here - Click here to download

    • Kindly attach following documents/ information along with an application for seed fund:

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    • Should be Empty: