Social Impact Innovation Scheme in Gurugram
SIIS
M3M Foundation
Guidance for businesses in Gurugram
In today's rapidly evolving world, innovation is key to solving some of the most pressing social challenges. Whether it's healthcare, environmental issues, or education, social impact-driven innovations have the power to transform communities and improve lives.
The M3M Foundation's Social Impact Innovation Scheme 2025 is designed to empower young innovators and entrepreneurs working on ideas and ventures aimed at addressing these challenges.
This blog provides a detailed guide on the Social Impact Innovation Scheme — covering its eligibility, benefits, application process, and more.
If you are an entrepreneur or early-stage startup working on impactful solutions, this scheme can provide the support you need to take your ideas to the next level.
Benefits
The Social Impact Innovation Scheme offers a host of financial and non-financial benefits to selected startups and innovators. Here's a breakdown of the key benefits:
Eligibility
The Social Impact Innovation Scheme is open to individuals and early-stage startups that are committed to solving social challenges. The eligibility criteria are as follows:
Documents required
To apply for the Social Impact Innovation Scheme, applicants need to provide the following documents:
How to apply
The application process for the Social Impact Innovation Scheme is straightforward:
- 1
Prepare Your Documents
- 2
Submit Your Application
- 3
Review & Shortlisting
- 4
Interview/Presentation
- 5
Final Selection & Funding
About the scheme
The Social Impact Innovation Scheme is an initiative launched by the M3M Foundation to support early-stage startups and individual innovators working towards solving societal challenges in key sectors like green energy, waste management, healthcare, and education.
The scheme's goal is to help these ventures with grants, mentorship, incubation support, and networking opportunities to ensure that innovative solutions for social challenges get the attention, funding, and expertise they need to scale and make a real impact.
Key Objectives of the Social Impact Innovation Scheme
- Support innovation in sectors that address key societal issues.
- Foster growth of early-stage startups through financial support, mentorship, and networking.
- Promote sustainable development in sectors such as energy, water, health, and environment.
- Encourage youth-driven solutions to tackle global challenges like climate change, healthcare disparities, and educational inequality.
Focus areas
The Social Impact Innovation Scheme targets the following critical areas of innovation:
Deadlines
The Social Impact Innovation Scheme accepts applications on a rolling basis but may have specific deadlines set by the M3M Foundation each year. Be sure to check the official application portal regularly for updates on deadline announcements.
What Are the Benefits of for Electric Vehicles and Green Mobility Projects?
The Social Impact Innovation Scheme offers significant benefits to startups focused on electric vehicles (EVs) and green mobility:
- Funding for sustainable mobility and electric vehicle innovations.
- Mentorship from industry leaders in clean technology and mobility solutions.
- Networking opportunities with investors and government bodies who support green innovation.
These benefits can provide the necessary support to bring your green mobility solutions to market faster.
Is this scheme right for you?
The Social Impact Innovation Scheme provides the financial support, mentorship, and networking opportunities required to turn innovative solutions into sustainable ventures.
Whether you are working on green energy, healthcare solutions, or sustainable textiles, this scheme offers everything you need to scale your project and make a real difference in society.
Frequently asked questions
What is the Social Impact Innovation Scheme?
It is a government-backed program designed to support early-stage startups and individuals working on innovative solutions to solve societal challenges, especially in sectors like healthcare, environment, and education.
How can I apply for the Social Impact Innovation Scheme?
Visit the official program portal to submit your application, along with the required documents, including your project proposal and incubation proof.
What funding is available under the Social Impact Innovation Scheme?
The scheme offers up to ₹5 Lakhs in seed grants, along with follow-on funding, mentorship, and incubation support.
Who is eligible for the Social Impact Innovation Scheme?
Indian citizens aged 18–35 years, early-stage startups, and individuals with a social impact-driven idea are eligible.
What are the key objectives of the Social Impact Innovation Scheme?
The key goals are to accelerate innovation in social impact sectors, provide seed funding, and support scalable solutions that drive sustainable development.
What types of projects are funded under the Social Impact Innovation Scheme?
The program supports projects focused on green energy, waste management, education, healthcare, sustainable mobility, and deep-tech.
How do I submit an application for the Social Impact Innovation Scheme?
Submit your application through the official portal by uploading the necessary documents and project proposal.
Is there a deadline for applying to the Social Impact Innovation Scheme?
The program typically accepts applications on a rolling basis, but check the portal for specific deadline announcements.
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