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Grant for Ventures in Darbhanga

GFV

Kotak BizLabs Accelerator Programme

Guidance for businesses in Darbhanga

Securing funding and mentorship is one of the most significant challenges faced by early-stage startups.

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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:

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Benefits

The Grant for Ventures scheme provides numerous financial and non-financial benefits for eligible startups. Here's a detailed breakdown:

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.

Eligibility

To apply for the Grant for Ventures program, startups must meet the following eligibility criteria:

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.
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    Documents required

    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

      Here's a simple, step-by-step guide to applying for the Grant for Ventures scheme:

      1. 1

        Prepare Documents

      2. 2

        Submit Application

      3. 3

        Evaluation Process

      4. 4

        Interview & Pitch

      5. 5

        Funding Disbursement

      About the 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.

      Focus areas

      The Grant for Ventures program focuses on startups in various key sectors, providing financial and mentorship support. Some of the main focus areas include:

      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.

      Deadlines

      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.

      Is this scheme right for you?

      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.

      Frequently asked questions

      What is the Grant for Ventures Scheme?

      The Grant for Ventures is a government-backed initiative that provides financial support and mentorship to early-stage startups working in innovative sectors.

      How much funding is available under the Grant for Ventures scheme?

      Startups can receive up to ₹30 Lakhs in equity-free funding.

      What are the eligibility criteria for the Grant for Ventures?

      Eligibility includes DPIIT-recognized startups that have a customer base and monthly revenue, among other criteria.

      What documents are required to apply for the Grant for Ventures?

      Required documents include your pitch deck, business plan, financial statements, and proof of DPIIT registration.

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