Who can Apply?

Faculty member from Engineering Institutions or

B-Schools.

Affiliation of the applicants (i.e., Principal Investigator (PI), CoPrincipal Investigator (Co-PI))

A Start-up company shall be the requirement for the

execution of the project. After selection and funding

of the project by IBITF, the concerned faculty

members (along with staff, students, alumni, or other

technical professionals) will be required to open a

start-up company as per their institute policies.

Project Duration, Funding, and other details

• Initially for 1 year and extendable up to 2 years
• Initial grant for the 1st year (up to 10 lakhs) with a maximum grant of 45 Lakhs for 2years
• periodical review meetings will be conducted to assess the progress the project
• Projects having industry collaboration will be given preference

Workplace

Engineering Institutions or B-Schools where the PI is

affiliated