Grant for Ventures: Eligibility, Benefits & How to Apply
Securing funding and mentorship is one of the most significant challenges faced by early-stage startups.
The Grant for Ventures program, led by the Kotak BizLabs Accelerator Programme, offers a unique opportunity for startups to receive financial backing, market access, and mentorship to scale their operations and create a lasting impact in their respective industries.
This 6-month accelerator program is designed to support startups across various sectors, providing grants of up to ₹30 Lakhs for high-potential ventures, alongside access to expert guidance, investor networks, and corporate connections.
In this guide, we will cover everything you need to know about the Grant for Ventures program, including:
- What is the Grant for Ventures program?
- Eligibility criteria for startups
- Focus areas of the program
- Benefits for startups
- Required documents for applying
- Step-by-step guide on how to apply
Let’s get started!
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 transform their business ideas into scalable and commercially viable solutions.
Key Objectives of the Grant for Ventures Scheme:
- Provide financial support to startups in the early stages of growth.
- Offer mentorship and training to help startups refine their business models.
- Connect startups with investors, partners, and corporate networks for market access.
- Help startups scale their operations and become investment-ready for the next round of funding.
Do you have an innovative startup ready for growth?
Apply for the Grant for Ventures and get access to funding, mentorship, and market opportunities to scale your business!
Eligibility Criteria for the Grant for Ventures Scheme
To apply for the Grant for Ventures program, startups must meet the following eligibility criteria:
| Eligibility Criteria | Details |
|---|---|
| Startup Type | Must be a Private Limited Company, LLP, or Partnership registered in India. |
| DPIIT Recognition | Must be DPIIT-recognized under the Startup India scheme. |
| Revenue | Must have an existing customer base and monthly revenue. |
| Stage of Development | Must be in the ideation, validation, or early traction stage. |
| Ownership | Must have at least 51% Indian ownership (excluding OCI/PIO). |
| Technology or Innovation | The startup should be working on innovative solutions or technological products with market potential. |
Is your startup eligible for the Grant for Ventures? Submit your application today to access funding and business support!
Focus Areas of the Grant for Ventures Scheme
The Grant for Ventures program focuses on startups in various key sectors, providing financial and mentorship support. Some of the main focus areas include:
| Focus Area | Description |
|---|---|
| EV/Mobility | Innovations in electric vehicles, green mobility, and sustainable transport solutions. |
| AgriTech | Technology-driven solutions for agriculture, precision farming, and supply chain optimization. |
| ClimateTech | Renewable energy, waste management, and sustainability innovations aimed at combating climate change. |
| HealthTech | Digital health, telemedicine, healthcare innovations, and biomedical devices. |
| FinTech | Financial technology solutions like digital payments, lending, and financial inclusion. |
| Circular Economy | Solutions focused on waste reduction, recycling, and sustainable production methods. |
| EdTech | Innovations in education technology aimed at improving learning outcomes and access to education. |
| Child & Maternal Health | Solutions targeting healthcare for children and mothers. |
| Open Innovation | Breakthrough solutions in emerging areas such as AI, blockchain, and IoT. |
Does your startup align with FinTech, ClimateTech, or HealthTech?
Apply now for the Grant for Ventures and gain access to mentorship, funding, and market access!
Benefits of the Grant for Ventures Scheme
The Grant for Ventures scheme provides numerous financial and non-financial benefits for eligible startups. Here’s a detailed breakdown:
| Benefit | Details |
|---|---|
| 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. |
Want to accelerate your startup? Apply for the Grant for Ventures to gain funding, expert mentorship, and market access!
Documents Required for the Grant for Ventures Application
To apply for the Grant for Ventures scheme, you will need to submit the following documents:
| Document | Details |
|---|---|
| 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). |
Ready to apply? Gather your documents and submit your application for the Grant for Ventures to secure funding and mentorship!
How to Apply for the Grant for Ventures Scheme
Here’s a simple, step-by-step guide to applying 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.
Don’t wait! Submit your application today for the Grant for Ventures and take the first step toward scaling your startup.
Is There a Deadline for Applying to the Grant for Ventures Scheme?
The Grant for Ventures program accepts applications on a rolling basis, with periodic deadlines announced on the official portal. Be sure to check for updates and deadlines on the official website.
Make sure you don’t miss the opportunity! Apply today for the Grant for Ventures to secure funding and growth support for your startup.
Conclusion: Why Apply for the Grant for Ventures?
The Grant for Ventures program is a powerful tool for early-stage startups looking for financial support, mentorship, and market access.
Whether you're focused on FinTech, ClimateTech, HealthTech, or other innovative sectors, this scheme provides the necessary resources to help your startup succeed and scale.