Enabling entrepreneurs translate idea/proof-of-concept – level projects into commercial ventures.

1. A startup recognized by DPIIT, incorporated not more than 2 years ago at the time of application.
2. The startup must have a business idea to develop a product or a service with a market fit, viable commercialization, and scope of scaling.
3. The startup should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted.
4. Startup should not have received more than Rs 10 lakh of monetary support under any other Central or State Government scheme.
5. Shareholding by Indian promoters in the startup should be at least 51% at the time of application to the incubator for the scheme, as per Companies Act. 2013 and SEBI (ICDR) Regulations, 2018.