About this programme
Strategic venture-building initiative by IIMA Ventures and Jaivel Aerospace supporting early-stage deeptech startups in aerospace and defence sectors. Provides USD 400,000 in pre-seed and seed-stage funding per startup, combining venture capital with access to a global advanced manufacturing network. Supports founders developing dual-use technologies in autonomy, propulsion, secure communications, and advanced materials. It is run by CIIE.CO (Centre for Innovation Incubation & Entrepreneurship, IIM Ahmedabad) — operating brand IIMA Ventures.
The support is delivered through the programme’s own structure, and the form it takes is set by the issuing authority. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
It is aimed at businesses in aerospace · defence · autonomy & onboard intelligence · secure communications · propulsion & advanced materials. Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
How it works
IIMA Ventures provides venture capital from its balance sheet (equity or equity-linked instruments). Alongside capital, startups gain access to mentorship from deeptech and aerospace leaders, industry partnerships, pilot opportunities, and global advanced manufacturing network facilities. The fund combines strategic investment with operational support infrastructure.
Who can apply
Pre-seed or seed-stage startups seeking first institutional investment; must be legally registered in India or actively establishing an Indian entity; teams focused on autonomy, propulsion, AI, materials, and dual-use technologies.
How to apply
- Visit IIMA Ventures' Aerospace & Defence Acceleration Fund page
- Complete and submit the application via Typeform link provided on their website
- Applications are evaluated on team expertise, technology dual-use potential, and market readiness
Documents you’ll typically need
- Business registration / incorporation certificate
- PAN (and GST registration, where applicable)
- Identity and address proof for the applicant / directors
- A short description of your business or project
The exact checklist depends on the programme and your specifics.
Frequently asked
What funding amount does the Aerospace & Defence Acceleration Fund provide?
USD 400,000 in pre-seed/seed funding per startup.
What sectors does this fund focus on?
Autonomy & Onboard Intelligence (UAVs, robotics, navigation), Secure Communications & Strategic Systems, Propulsion & Aerospace Technologies, Advanced Manufacturing, and High-performance Advanced Materials.
Is geographic location a requirement?
Startups must be legally registered in India or actively establishing an Indian entity.
What stage of startups does this fund support?
Pre-seed and seed-stage startups seeking their first institutional investment.
Reviewed July 2026. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.