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Closed Equity Funding

IFCI Scheme for Scheduled Tribe Innovators

by IIT Mandi Catalyst

This initiative is designed to support Scheduled Tribe innovators who are building innovative and technology-driven business ideas with strong commercial potential. The program focuses on nurturing early-stage startups by providing equity-based financial support rather than loans, enabling founders to concentrate on product development and market validation without immediate repayment pressure. The scheme aims to empower young innovators, students, and early entrepreneurs from the Scheduled

This program is not accepting applications right now.Many schemes reopen in cycles. Explore currently open programs or talk to an expert about alternatives.
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.

About this scheme

This initiative is designed to support Scheduled Tribe innovators who are building innovative and technology-driven business ideas with strong commercial potential. The program focuses on nurturing early-stage startups by providing equity-based financial support rather than loans, enabling founders to concentrate on product development and market validation without immediate repayment pressure.

The scheme aims to empower young innovators, students, and early entrepreneurs from the Scheduled Tribe community to transform their ideas into sustainable ventures. Along with funding support of up to INR 30 lakhs, selected startups benefit from incubation support, mentorship, networking opportunities, and assistance in fundraising. The program is structured to help founders move from ideation or prototype stages towards building viable, scalable commercial businesses that can create social and economic impact.

Who can apply

  • The startup should be at the ideation, prototype, or pre-revenue stage.
  • The startup must be a registered legal entity as a Private Limited company.
  • The lead founder must belong to the Scheduled Tribe category with a minimum of 51% shareholding.
  • Startups may be supported through CSR initiatives or incubated at recognized Technology Business Incubators.
  • Students or youth with innovative, commercially viable, and technology-driven ideas are eligible to apply.

Eligible entity types: Private Limited

Official application

Ready to apply? Get the official link

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.

Free. IncorpX provides assistance for preparation; selection rests with IIT Mandi Catalyst.

Frequently asked questions

How much funding does IFCI Scheme for Scheduled Tribe Innovators provide?

IFCI Scheme for Scheduled Tribe Innovators provides up to Rs. 30 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.

Is IFCI Scheme for Scheduled Tribe Innovators currently accepting applications?

Closed on Feb 12, 2026. Always confirm the current window with the program authority before preparing your application.

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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