FundingRs. 10 lakh to Rs. 30 lakh
Equity-free Idea Logistics & Mobility
ClosesJun 15, 2026
Closed Grant Equity-free Students
IITK FinTech Spark Program
FinTech program for IITK UG students, offering grants up to Rs. 6 lakh and mentorship.
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
The IITK FinTech Spark Program is a flagship initiative by the Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur, designed to guide innovators from ideas to market-ready solutions within FinTech. SIIC IIT Kanpur, an integral part of the Indian Institute of Technology, Kanpur, is a leading technology business incubator that fosters student innovation and entrepreneurship, supporting ventures that address real-world challenges. With a robust track record of nurturing over 200 startups and facilitating significant funding, SIIC strengthens India's startup ecosystem. This program specifically underscores the institution's commitment to cultivating cutting-edge solutions from its student body, leveraging their academic prowess and entrepreneurial spirit.
The program focuses specifically on the FinTech domain, a rapidly evolving sector critical for India's digital economy and financial inclusion. It addresses high-impact problems in areas like digital payments, lending, RegTech, cybersecurity, and financial inclusion. Participants are encouraged to develop solutions where relevance meets significant market opportunities, aiming for maximum impact, scalability, and disruptive potential within financial technology. The goal is to move beyond theoretical concepts and create tangible products that can revolutionize the financial landscape.
Financial support is provided as a grant-in-aid, offering up to Rs. 6 lakh. This crucial funding equips student teams with the necessary resources to advance their FinTech concepts, build prototypes, and conduct initial market validation. The grant acts as a catalyst, enabling teams to move beyond theoretical frameworks and build tangible, impactful solutions for the FinTech industry, covering costs for development, testing, and initial user feedback.
Complementing monetary aid, the program offers comprehensive non-monetary support. This includes structured mentorship from domain experts,including seasoned entrepreneurs, FinTech industry leaders, and IIT Kanpur faculty,who provide invaluable technical, business, and strategic guidance. Teams gain crucial exposure to real-world FinTech problems and industry insights, ensuring solutions are practically grounded and market-ready. A clear pathway to full incubation at SIIC IIT Kanpur is also provided, offering continued infrastructure, resources, legal and IP support, networking opportunities, and ecosystem access for sustained growth and commercialization.
Who can apply
- Applicants must be undergraduate (UG) students who have successfully completed their 4th semester. This ensures participants have a foundational understanding of engineering principles and a level of maturity to tackle complex FinTech challenges, while still being early in their academic journey.
- Applications are accepted from teams consisting of 2 to 3 members. This team size encourages collaborative work and diverse skill sets, while remaining agile for rapid development.
- Teams must be formed by students enrolled across various academic departments of IIT Kanpur, demonstrating a multidisciplinary approach. FinTech solutions often require a blend of technical expertise (e.g., computer science, electrical engineering), business acumen (e.g., management sciences), and design thinking, making multidisciplinary teams ideal for creating well-rounded and innovative products.
Eligible entity types: Individual Innovator
Benefits & funding
Headline support
Up to Rs. 6 lakh
- Non-monetary benefits include structured mentorship from experts and faculty, exposure to FinTech problems, and a clear pathway to full incubation at SIIC IIT Kanpur.
- This incubation offers infrastructure, resources, legal and IP support, networking opportunities, and ecosystem access.
How the application process works
The journey below is informational, compiled from the official program guidelines. Applications are submitted directly with SIIC IIT Kanpur, in your own name.
- 1
The process involves an online application and idea submission.
- 2
Applications are then reviewed by a panel for shortlisting.
- 3
Shortlisted teams proceed to an interview or detailed pitch presentation before final selection.
Want a second pair of eyes before you submit?IncorpX provides assistance for structuring proposals and organising the paperwork this process expects.
Official application
Ready to apply? Get the official link
Applications are submitted directly with SIIC IIT Kanpur, 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
Apply in your own name with SIIC IIT Kanpur. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does IITK FinTech Spark Program provide?
IITK FinTech Spark Program provides up to Rs. 6 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is IITK FinTech Spark Program currently accepting applications?
Closed on May 18, 2026. Always confirm the current window with the program authority before preparing your application.
Does IITK FinTech Spark 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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