FundingFunding opportunities up to ₹10 Lakh through ACIC-VGU schemes
Equity-free Idea AI, SaaS & Enterprise
ClosesAug 15, 2026
Closed Grant Equity-free
Social Impact Incubation Programme 2025 by IIMCIP
by IIM Calcutta Innovation Park
A Daimler India and IIM Calcutta Innovation Park programme backing ten impact startups with a Rs. 1.1 crore fund corpus, mentoring, and market access.
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
- For MVP or early-revenue social enterprises in sustainability, green mobility, livelihoods, and women's empowerment.
About this scheme
The Social Impact Incubation Programme is a joint effort by Daimler India Commercial Vehicles (DICV) and IIM Calcutta Innovation Park (IIMCIP). It is built to close the gap for impact-driven startups that often struggle with thin funding and disconnected networks.
The programme supports social entrepreneurs building sustainable, technology-enabled solutions. Ten high-potential ventures are picked for all-round support meant to widen their impact, speed up revenue growth, and make them investment-ready.
What the programme provides:
Funding: access to a Rs. 1.1 crore fund corpus, including an assured fellowship grant and an implementation grant for the strongest startups.
Mentorship: focused guidance from IIM Calcutta Innovation Park experts.
Capacity building: custom bootcamps shaped around the needs of social enterprises.
Market access: chances for pilots, validation, implementation, and strategic networks to expand reach.
Investment readiness: the opportunity to pitch for seed funding once the programme ends.
Who can apply
- Stage: the venture needs to have reached MVP (a minimum viable product) or be earning early revenue.
- Themes: it should work in sustainability, sustainable livelihoods, green mobility, or women's empowerment.
- Founder: whoever applies has to hold Indian citizenship.
- Entity: the business must count as a startup, under ten years old with turnover below Rs. 100 crore, based in India and set up as a private limited company, a registered partnership firm, or an LLP.
Benefits & funding
Headline support
Support amount varies
- Access to a Rs. 1.1 crore fund corpus, with an assured fellowship grant and an implementation grant for top performers.
- Focused mentoring from IIM Calcutta Innovation Park experts and custom bootcamps built for social enterprises.
- Market access through pilots, validation, and strategic networks, plus the chance to pitch for seed funding on completion.
How the application process works
The journey below is informational, compiled from the official program guidelines. Applications are submitted directly with IIM Calcutta Innovation Park, in your own name.
- 1
Eligible social enterprises apply through the official IIMCIP contest portal, after which ten ventures are selected for the programme.
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 IIM Calcutta Innovation Park, 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 IIM Calcutta Innovation Park. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How many startups are selected?
Ten high-potential ventures are chosen for all-round support to grow their impact, revenue, and investment readiness.
What funding is on offer?
Access to a Rs. 1.1 crore fund corpus, including an assured fellowship grant and an implementation grant for the strongest startups, with a chance to pitch for seed funding at the end.
Who is eligible?
Indian-citizen founders running MVP or early-revenue startups in sustainability, green mobility, sustainable livelihoods, or women's empowerment, incorporated in India as a private limited company, partnership firm, or LLP and recognised as a startup.
Who runs the programme?
It is a joint initiative of Daimler India Commercial Vehicles (DICV) and IIM Calcutta Innovation Park (IIMCIP).
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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