FundingRs. 10 lakh to Rs. 30 lakh
Equity-free Idea Logistics & Mobility
ClosesJun 15, 2026
Closed Grant Equity-free
ASIIM Program
Ambedkar Social Innovation and Incubation Mission (ASIIM) is an incubation and funding support program implemented by IIT Mandi Catalyst to promote inclusive entrepreneurship among SC and Divyang innovators. The program is launched by the Ministry of Social Justice and Empowerment (MoSJ&E), Government of India, under the IFCI Venture Capital Fund for SCs (VCF-SC). ASIIM supports technology-driven and socially impactful business ideas at early stages, helping innovators convert ideas into
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About this scheme
Ambedkar Social Innovation and Incubation Mission (ASIIM) is an incubation and funding support program implemented by IIT Mandi Catalyst to promote inclusive entrepreneurship among SC and Divyang innovators.
The program is launched by the Ministry of Social Justice and Empowerment (MoSJ&E), Government of India, under the IFCI Venture Capital Fund for SCs (VCF-SC). ASIIM supports technology-driven and socially impactful business ideas at early stages, helping innovators convert ideas into sustainable commercial ventures.
Selected innovators receive structured incubation support including mentorship, networking opportunities, fundraising assistance, and equity-based financial support of up to Rs. 30 lakhs. The initiative aims to empower underrepresented communities and foster innovation-led social and economic development.
Who can apply
- Applicants must belong to Scheduled Caste (SC) or Divyang category
- The startup or idea should be at ideation, prototyping, or pre-revenue stage
- Innovators aiming to solve societal problems through their ideas are eligible
- Winners of hackathons such as Smart India Hackathon can apply
- Startups receiving CSR support from companies are eligible
- Students or youth with innovative and creative ideas can apply
Official application
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Applications are submitted directly with IIT Mandi Catalyst, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
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Open the official applicationFrequently asked questions
How much funding does ASIIM Program provide?
ASIIM Program provides up to Rs. 30 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is ASIIM Program currently accepting applications?
Closed on Jan 23, 2026. Always confirm the current window with the program authority before preparing your application.
Does ASIIM Program take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
Important disclaimer
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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