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Rolling Grant Equity-free

Zero Equity Incubation Program

by Ministry of Electronics and Information Technology (MeitY)

Zero equity incubation for Indian startups in emerging technologies, with special support for female founders.

Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
Who this is for
  • Deeptech, AI or healthtech startups seeking zero-equity incubation from MeitY-nasscom CoE.

About this scheme

The MeitY-nasscom Center of Excellence offers a Zero Equity Incubation Program designed to support and promote the emerging technologies ecosystem in India. As a collaborative initiative between the Ministry of Electronics and Information Technology (MeitY) and NASSCOM, the CoE is dedicated to fostering innovation and entrepreneurship by addressing the foundational challenges faced by startups. MeitY, a key government ministry, drives India's digital transformation and policies, while NASSCOM serves as India's premier trade body and chamber of commerce for the technology industry, representing over 3000 companies. Their joint mandate is to accelerate India's position as a global hub for technological innovation and startup growth.

This incubation program is structured to provide substantial non-monetary support, focusing on enabling founders to concentrate on their core innovation without the burden of equity dilution. It emphasizes building and scaling by offering critical resources that are often inaccessible or costly for early-stage ventures. The program itself does not offer direct cash grants but facilitates an environment conducive to growth by removing common barriers and providing a robust ecosystem.

Startups participating in the program can leverage a range of resources for product development and operational efficiency. These include access to a subsidized co-working space and a prototyping lab, essential for hardware and deeptech innovations, allowing startups to build and test their products. Participants also benefit from shared GPU access, crucial for AI and machine learning development that requires significant computational power, alongside valuable cloud credits from leading providers to support their technological infrastructure. This comprehensive infrastructure support aims to reduce operational costs and accelerate development cycles.

Beyond physical and digital infrastructure, the program provides strategic market access opportunities with established enterprises and government bodies, helping startups find their first customers, validate their solutions, and scale their reach. Mentorship is a key component, offering tailored guidance from seasoned industry experts, successful entrepreneurs, and technical specialists, alongside connections to potential funding sources through investor networking events and pitch sessions. Female founders receive additional support through a rental subsidy for their incubation seats, promoting inclusivity and encouraging greater participation of women in the deeptech startup ecosystem, addressing historical disparities.

Who can apply

  • Startups must be based in India, contributing to the nation's innovation landscape.
  • The program targets startups working on emerging technologies, specifically including IoT, automation, Artificial Intelligence (AI), Machine Learning (ML), quantum computing, biotechnology, healthtech, robotics, dronetechnology, Generative AI (GenAI), and Large Language Models (LLM).
  • Startups led by female founders are eligible for an additional rental subsidy, promoting women's entrepreneurship within the technology sector.

Benefits & funding

Headline support

Support amount varies

  • This zero equity incubation offers subsidized co-working space, a prototyping lab, shared GPU access, and cloud credits.
  • Participants gain strategic market access, tailored mentorship from experts, and investor networking opportunities.
  • Female founders receive an additional rental subsidy.
  • No direct cash grants are provided.

How the application process works

The journey below is informational, compiled from the official program guidelines. Applications are submitted directly with Ministry of Electronics and Information Technology (MeitY), in your own name.

  1. 1

    Applicants submit detailed online applications, which undergo rigorous screening by industry experts and MeitY-nasscom CoE.

  2. 2

    Shortlisted startups are invited for virtual or in-person interviews to present ideas and demonstrate products.

  3. 3

    Final selection considers innovation potential, team strength, and alignment.

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 Ministry of Electronics and Information Technology (MeitY), 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 Ministry of Electronics and Information Technology (MeitY).

Frequently asked questions

What kind of support does the program offer?

The program provides zero-equity incubation, subsidized co-working and prototyping lab access, shared GPU access, enterprise market access opportunities, rental subsidy for female seats, cloud credits, mentorship, and funding connects.

Is the program equity-free?

Yes, this is a Zero Equity Incubation Program, meaning no equity is taken from participating startups.

Are there any specific benefits for female founders?

Yes, female founders can receive an additional rental subsidy for their incubation seats to encourage their participation.

Which technologies are supported by the program?

The program supports emerging technologies including IoT, automation, Artificial Intelligence (AI), Machine Learning (ML), quantum computing, biotechnology, healthtech, robotics, dronetechnology, Generative AI (GenAI), and Large Language Models (LLM).

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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