Grant for Ventures:Eligibility, Benefits & How to Apply
Eligibility, Benefits & How to Apply to scale your startup with the Kotak BizLabs Accelerator Programme.
What is the Grant for Ventures Scheme?
The Grant for Ventures scheme is part of the Kotak BizLabs Accelerator Programme, a government-backed initiative designed to help early-stage startups refine their business models, gain market traction, and scale their operations.
This program targets startups with innovative ideas in sectors like EV/Mobility, AgriTech, HealthTech, and ClimateTech.
The scheme provides financial grants, equity-free funding, and mentorship from industry experts, investors, and business leaders.
By offering these resources, the Grant for Ventures helps startups develop their business ideas into products that can grow and generate revenue.
Benefits of the Grant for Ventures Scheme
Grant Support
Up to ₹30 Lakhs in grant funding for high-potential startups.
Equity-Free Funding
The grant is equity-free, allowing startups to maintain full ownership of their company.
Mentorship & Training
Expert-led guidance from seasoned professionals and industry leaders.
Market Access
Exposure to investors, partners, and customers at Demo Days and roadshows.
Networking Opportunities
Opportunities to connect with key stakeholders in the corporate world, investment sector, and government bodies.
Bank Support
Loan assistance from nationalized banks, private sector banks, and Tamil Nadu Industrial Co-operative Bank.
Eligibility Criteria for the Grant for Ventures Scheme
To apply for the Grant for Ventures program, startups must meet the following eligibility criteria:
Must be a Private Limited Company, LLP, or Partnership registered in India.
Must be DPIIT-recognized under the Startup India scheme.
Must have an existing customer base and monthly revenue.
Must be in the ideation, validation, or early traction stage.
Must have at least 51% Indian ownership (excluding OCI/PIO).
The startup should be working on innovative solutions or technological products with market potential.
Documents Required for the Grant for Ventures Application
To apply for the Grant for Ventures scheme, you will need to submit the following documents:
Pitch Deck
A comprehensive pitch deck covering the problem, solution, market opportunity, and growth strategy.
Executive Summary
A brief summary of your startup's mission, vision, and business goals.
Business Plan
A detailed business plan outlining your market analysis, financial projections, and growth strategy.
Proof of DPIIT Registration
Proof of recognition under Startup India (DPIIT).
Revenue Proof
Evidence of monthly revenue and customer base.
Product Demo or Video
A demo video or product introduction video (optional but recommended).
How to Apply for the Grant for Ventures Scheme
Prepare Documents
Gather all necessary documents, including pitch deck, executive summary, business plan, DPIIT registration proof, revenue proof, and product demo/video.
Submit Application
Complete and submit your application online through the official Grant for Ventures portal.
Evaluation Process
Your application will be reviewed by the Kotak BizLabs team for eligibility and potential.
Interview & Pitch
Shortlisted startups will be invited for an interview or pitch presentation.
Funding Disbursement
Upon successful evaluation, funding will be disbursed to your startup, along with ongoing support.
Prepare Documents
Gather all necessary documents, including pitch deck, executive summary, business plan, DPIIT registration proof, revenue proof, and product demo/video.
Submit Application
Complete and submit your application online through the official Grant for Ventures portal.
Evaluation Process
Your application will be reviewed by the Kotak BizLabs team for eligibility and potential.
Funding Disbursement
Upon successful evaluation, funding will be disbursed to your startup, along with ongoing support.
Interview & Pitch
Shortlisted startups will be invited for an interview or pitch presentation.