UPES DST-iTBI Ignition Grant 2.0 by Runway Incubator
Offered By - Runway Incubator
About the Program
The program specifically supports startups working in:
- DeepTech
- AI & ML
- AgriTech
- Sustainability Tech
The ignition grant aims to bridge the gap between ideation and market-ready product development by providing financial assistance, technical support, incubation guidance, and expert mentorship. According to the uploaded program document, selected startups can receive grant support of up to ₹10 lakhs to help progress from idea stage to Minimum Viable Product (MVP).
Apart from funding support, the program offers:
- Prototype development assistance
- Proof-of-concept validation
- Access to mentors and industry experts
- Incubation support
- Investor networking opportunities
- Startup ecosystem exposure
This makes the program particularly useful for founders who are still validating technologies, building initial products, or preparing for commercialization.
From a founder’s perspective, this opportunity is especially valuable for technical founders and research-driven startups that require early-stage grant funding and incubation support before pursuing commercial fundraising or scaling operations.
Offerings / Benefits:
- Grant support up to ₹10 lakhs
- Prototype development support
- Proof-of-concept validation assistance
- MVP development guidance
- Expert mentorship
- Access to industry leaders
- Incubation support
- Networking with investors
- Startup ecosystem exposure
- Technical and entrepreneurial guidance
Who Can Apply / Eligibility
- Open to:
- Early-stage startups
- Students
- Researchers
- Innovators
- Startups can be at:
- Ideation stage
- Proof-of-Concept (PoC) stage
- Prototype stage
- MVP stage
- Startups must work in one of the focus sectors:
- DeepTech
- AI & ML
- AgriTech
- Sustainability Tech
Best suited for innovation-driven startups building scalable technology products with early validation needs.
Selection Process
- Online application submission
- Startup screening and evaluation
- Assessment of:
- Innovation potential
- Technical feasibility
- Problem-solution fit
- Startup scalability
- Shortlisting and incubation selection
- Grant approval for selected startups
How to Apply
- Visit the official Runway Incubator application portal
- Complete the online application form
- Submit startup and innovation details
- Provide:
- Problem statement
- Product/technology information
- Team details
- Development stage
- Submit the application before the deadline
- Wait for shortlisting and further evaluation
Source & Verification
All information is compiled from publicly available sources. Refer to the links below for most accurate & updated details. Disclaimer
- Source 1: www.linkedin.com
- Source 2: start.runwayincubator.com
This information is provided for general awareness and does not constitute an endorsement by StartupGrantsHub.com. Exercise due diligence before submitting any personal or sensitive information.
Frequently Asked Questions
- Open to:
- Early-stage startups
- Students
- Researchers
- Innovators
- Startups can be at:
- Ideation stage
- Proof-of-Concept (PoC) stage
- Prototype stage
- MVP stage
- Startups must work in one of the focus sectors:
- DeepTech
- AI & ML
- AgriTech
- Sustainability Tech
Best suited for innovation-driven startups building scalable technology products with early validation needs.