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Global Accelerator

FutureRise Funds in Cuttack

How Cuttack-based founders and MSMEs can access FutureRise Funds, with routing through ROC Cuttack and IDCO (Odisha Industrial Infrastructure Development Corporation).

What is FutureRise Funds? — Cuttack, Odisha

Cuttack is among India's most active metropolitan MSME ecosystems, with established lender networks, incubators, and institutional investor presence. Uptake of central programmes such as FutureRise Funds is meaningfully higher here than in peer markets.

Startup Odisha has recognised 2,000+ startups and Odisha's MSME Policy offers 30% capital subsidy plus interest subvention and SGST reimbursement. For Cuttack applicants, this creates a stackable incentive environment where FutureRise Funds can be paired with Startup Odisha and Odisha MSME Development Policy 2022 for maximum benefit.

FutureRise Funds is a capital instrument suited to early-stage Cuttack startups — particularly those registered with DPIIT and filed via ROC Cuttack. Odisha's sectoral strengths shape the founder pool, and IDCO (Odisha Industrial Infrastructure Development Corporation) helps bridge the pre-seed-to-seed pipeline alongside the central scheme.

FutureRise Funds is a global startup accelerator initiative that helps Indian startups scale internationally by entering the Saudi Arabian market.

The program is powered by India Accelerator and supported by Saudi Arabia National Technology Development Program under the Empowering Accelerators initiative.

It focuses on long term market expansion, enterprise pilots, strategic partnerships, and investment opportunities for eligible startups.

Benefits of FutureRise Funds

Access to $15M Pool

Opportunity to secure venture tech funding to fuel international operations.

Saudi Market Entry

Hands-on support for entity setup, local networking, and government collaborations.

Global Mentorship

Guidance from industry leaders and global investors to refine your growth strategy.

Compliance Assistance

Direct help with Saudi regulatory frameworks and procurement processes.

Elite Exposure

Showcase your innovation at global events such as LEAP (The Tech conference in Riyadh).

FutureRise Funds Eligibility

1

Basic Eligibility

Incorporated and operating in India, with a market ready product or validated MVP and demonstrated traction.

2

Technology and Intent

Operate in focus sectors such as AI, EV, sustainability, PropTech, or DeepTech and show intent for global expansion into the Middle East.

3

Market Potential

The solution should have potential for enterprise adoption or government collaboration in Saudi Arabia.

Documents Required for FutureRise Funds

  • Company Pitch Deck
  • One Pager / Executive Summary
  • Product Demo or Prototype
  • Financial Snapshot
  • Founder Profiles
  • Market Entry Strategy
  • Incorporation Certificate
  • Traction Metrics

How to Apply for FutureRise Funds

1

Check Eligibility

2

Prepare Application Documents

3

Submit Application

4

Evaluation Process

5

Program Selection

Frequently Asked Questions

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