The Leap Fund is a government-authorized scheme designed to support innovative businesses, especially in the biotech sector.
This fund offers substantial financial investment and expert mentorship to help startups scale their operations in high-impact sectors like Agriculture, Health, Energy, and the Environment.
If you're running a Private Limited Company or are in the process of forming one (understanding the minimum capital requirement for LLP in India or Pvt Ltd is the first step), and you're working in these emerging sectors, this blog is a must-read! Here's everything you need to know about the Leap Fund Scheme, from eligibility to the necessary documentation.
What is the Leap Fund?
The Leap Fund is a government-backed initiative that provides critical funding and resources to innovative businesses, particularly those in the biotechnology sector.
The fund is aimed at early-stage companies looking for how to raise funds for a startup in India to scale their operations and successfully take their products to market.
This equity-based investment program offers up to ₹1 Crore to businesses. Unlike a without security business loan, which is debt-based, the Leap Fund involves equity, allowing startups to get the resources and network needed to expand operations without the immediate pressure of monthly repayments.
Key Features of the Leap Fund Scheme:
Equity Investment
Up to ₹1 Crore in capital without repayment obligations.
Milestone-based Funding
Capital disbursed efficiently for product development and market entry.
Expert Mentorship
Access to biotech professionals who understand regulatory hurdles and ISO certifications.
Strategic Networking
Exposure to global markets and potential venture tech funding partners.
Industry Credibility
Government backing makes it easier to attract private investors later.
Is your biotech startup ready to scale and make a difference in health, energy, or agriculture?
Apply for the Leap Fund and receive up to ₹1 Crore in equity investment to drive growth!
Eligibility Criteria for the Leap Fund Scheme
To qualify for the Leap Fund, your startup must meet specific technical and legal standards. The Leap Fund eligibility focuses on businesses that show high potential for innovation and commercialization.
Leap Fund Eligibility Table
| Criteria | Details |
|---|---|
| Business Type | Private Limited Companies, LLPs, or Partnerships. |
| Company Age | Registered for up to 10 years from the date of incorporation (DPIIT recognition preferred). |
| Focus Sector | Biotech, Agriculture, Health, Energy, and Environment. |
| Technology Readiness Level | TRL 5 or above (Product must be in advanced development/testing). |
| Profitability & Model | Must be a for-profit business with a scalable and clear growth strategy. |
Are you a biotech startup ready to scale?
Apply for the Leap Fund and get up to ₹1 Crore in equity investment to drive growth!
Focus Areas of the Leap Fund Scheme
The Leap Fund details highlight that this program isn't just for software; it's for hardware and deep-tech innovations that solve real-world problems. Key areas include:
🌾 Biotech in Agriculture
Solutions for crop protection, soil health, and genetic engineering (similar to RKVY RAFTAAR focus areas).
🏥 Biotech in Health
Biopharmaceuticals, vaccines, med-tech, and personalized medicine (aligned with the startup health program).
⚡ Biotech in Energy
Bioenergy, biomass conversion, and sustainable energy solutions.
🌱 Biotech in Environment
Bioremediation, waste management, and sustainable manufacturing.
🏙️ Emerging Areas
Clean-tech, food security, and smart city hardware.
Is your biotech startup focused on agriculture, health, or energy?
Apply now for the Leap Fund and access equity investment and expert mentorship!
Benefits of the Leap Fund Scheme
Participating in the Leap Fund Scheme offers far more than just a bank balance update. It provides a foundation for startup funding in India success.
Equity Investment
Up to ₹1 Crore in capital without repayment obligations.
Milestone-based Funding
Capital disbursed efficiently for product development and market entry.
Expert Mentorship
Access to biotech professionals who understand regulatory hurdles and ISO certifications.
Strategic Networking
Exposure to global markets and potential venture tech funding partners.
Industry Credibility
Government backing makes it easier to attract private investors later.
Need equity investment to scale your biotech startup?
Apply for the Leap Fund and receive up to ₹1 Crore in funding to grow your impactful technology!
Documents Required for the Leap Fund Application
To ensure a smooth application process, you must keep all Documents required for Leap Fund submission ready and professionally organized.
Required Documents:
- ✓Company Registration Docs: Certificate of Incorporation, MoA, AoA, and MSME Certification.
- ✓Detailed Pitch Deck: Explaining the problem, biotech solution, and market traction (refer to grant for ventures for deck tips).
- ✓Comprehensive Business Plan: Financial projections for 3-5 years and scaling milestones.
- ✓Technology Description: Detailed technical whitepaper and proof of Concept (TRL 5+ evidence).
- ✓Founders' CVs: Highlighting technical expertise and past entrepreneurial experience.
- ✓Market Analysis: Competitor landscape and Target Addressable Market (TAM).
- ✓Legal Compliance: Tax filings (ITR), GST certificates, and IP/Patent documents.
How to Apply for the Leap Fund Scheme
Here is a simple step-by-step guide to applying for the Leap Fund Scheme:
Prepare Your Documents
Submit Your Application
Application Review
Interview & Pitch
Funding & Mentorship
Apply now for the Leap Fund
Get equity investment, mentorship, and networking to fuel your biotech startup growth!
Is There a Deadline for Applying to the Leap Fund Scheme?
The Leap Fund Scheme generally accepts applications on a rolling basis, meaning there is no fixed closing date.
However, funds are limited per financial year, so applying early is recommended. Always check the official portal for the latest Leap Fund eligibility updates. You can also read about the truth about Enego services to see how we assist with these applications.
FAQs: Leap Fund Scheme
What is the Leap Fund Scheme?
It is a government-authorized equity investment program providing up to ₹1 Crore to early-stage startups in biotech and allied sectors.
How much funding is available under the Leap Fund Scheme?
Startups can secure up to ₹1 Crore in equity-based funding to fuel their commercialization.
Who is eligible for the Leap Fund Scheme?
Eligible entities include Private Limited Companies and LLPs in sectors like Biotech, Agri, and Health, with a product at TRL 5 or above.
What documents are required for the Leap Fund application?
Key documents include a Pitch Deck, Business Plan, Tech Roadmap (TRL proof), Founder CVs, and Incorporation Certificates.
Is this a loan or a grant?
Neither. It is an equity investment, meaning the fund takes a small stake in your company in exchange for capital and mentorship.
Conclusion: Why Apply for the Leap Fund Scheme?
The Leap Fund provides a once-in-a-lifetime opportunity for biotech and hardware startups to bypass the "valley of death" and scale rapidly. With up to ₹1 Crore in equity, elite mentorship, and a platform for global networking, it is the perfect launchpad for serious innovators.
If you want to understand how government grants work or need help with your application, now is the time to act.
Ready to scale your biotech startup?
Contact Enego today for expert guidance on your Leap Fund application and secure the funding your startup deserves.