Saturday, June 10, 2023

Apply for the Open Challenge Program 2.0 organized by AIC STPI – Bangalore


If you are a resident of India and interested in wining a business grant, you can apply for the Open Challenge Program 2.0 which is organized by the AIC STPI.  AIC STPI, Bengaluru’s main focus areas will be Healthcare, ICT, IoT, E-Commerce etc.

Check the Eligibility Criteria for more information.

Sponsoring Agency: AIC STPI

Type of Fund: Grant

Deadline: January 29, 2022


STPI in collaboration with Atal Innovation Mission (AIM), NITI Aayog has started Atal Incubation Centre in Bengaluru for innovative start-ups working in specific domains.

AIC STPI Bengaluruis Centre of Entrepreneurship (Incubator) works to support, promote and grow a culture of innovation leading to start-ups & successful entrepreneurs. AIC STPI Bengaluru focus areas are Healthcare, ICT, IoT, E-Commerce, etc.

Eligibility Criteria

The following recipients are eligible:

  • Private Limited Company (as defined in the Companies Act, 2013) or
  • Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
  • Limited Liability Partnership (under the Liability Partnership Act 2008)

Funding Information

What you should know:

  • Complete Incubation support&Co-working space
  • Makerspace (Lab)
  • Mentoring support viz Product/Business devp, HR, Legal, Finance, IPR/Patent& other support services.
  • Access to VCs for funding support.
  • Networking opportunities/Industry connect and Go-to-market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
  • Ready to work P&P incubation within the constraint of lock down & thereafter.
  • Additional facilities and services of the pan-India domain-specific CoEs of STPI may be leveraged.
  • Seed funding of up to Rs. 10.00 Lakhs may be provided to the beneficiary/supported Startups based on innovativeness of idea, novelty of solutions, strength of team & soundness of business proposal.

For more information, visit here.


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