FITT Incubation Grant (Early-Stage Startup Financial Assistance) is a grant from Foundation for Innovation and Technology Transfer (FITT), IIT Delhi for early-stage startups refining a business idea, building a prototype, or testing market potential with a clear fund-utilization plan…. It provides ₹4 Lakh to ₹1 Crore (amount may vary based on fund availability), for deep-tech / technology-based startups. Applications are open on a rolling basis.
Key facts
| Amount / benefit | ₹4 Lakh to ₹1 Crore (amount may vary based on fund availability) (₹4 Lakh to ₹1 Crore (amount may vary based on fund availability)) |
|---|---|
| Provider | Foundation for Innovation and Technology Transfer (FITT), IIT Delhi |
| Where | Pan-India |
| Sector | Deep-tech / technology-based startups |
| Deadline | Rolling / always open |
| Funding range | ₹4 Lakh to ₹1 Crore |
| Key requirement | Clear fund-utilization plan aligned to team goals |
| Variability | Amount varies based on fund availability |
| Target stage | Early-stage: idea refinement, prototype, market testing |
What is FITT Incubation Grant?
FITT's Incubation Grant is a direct financial assistance program for early-stage startups refining business ideas, building prototypes, or testing market potential. Grants range from ₹4 lakh to ₹1 crore based on team goals, fund availability, and detailed fund-utilization plans aligned to startup objectives. The program is designed for startups at the proof-of-concept and prototype-development stage. It is run by Foundation for Innovation and Technology Transfer (FITT), IIT Delhi.
A grant is financial support you don’t repay — awarded against eligibility and, usually, agreed milestones or utilisation of funds. 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 deep-tech / technology-based startups. 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.
Who is eligible for FITT Incubation Grant?
Early-stage startups refining a business idea, building a prototype, or testing market potential with a clear fund-utilization plan aligned to team goals. Generally expected to be part of or applying to FITT's incubation program at IIT Delhi. Technology-driven startups preferred.
How much does FITT Incubation Grant give, and in what form?
₹4 Lakh to ₹1 Crore (amount may vary based on fund availability), as ₹4 Lakh to ₹1 Crore (amount may vary based on fund availability).
Startups submit detailed proposals with fund-utilization plans aligned to team milestones. FITT evaluates applications based on team quality, business concept viability, and planned fund usage. Grants are disbursed upon approval; the exact amount depends on fund availability and startup needs at submission time.
How to apply for FITT Incubation Grant
- Prepare a business plan with clear fund-utilization strategy aligned to team goals and milestones
- Submit application through FITT's incubation application portal with presentation/pitch deck
- Participate in discussion with FITT team to clarify fund requirements
- Present to evaluation committee if shortlisted
- Receive approval and disbursal notification
Frequently asked questions
What is the maximum grant amount available?
Up to ₹1 crore, though amounts may vary based on fund availability and startup requirements.
What should the fund-utilization plan include?
The plan must be clear, aligned to team goals, and address how funds will be deployed toward prototype development, testing, or market entry activities.
Are startups required to be part of FITT's incubation program to receive this grant?
Startups are generally expected to be part of or applying to FITT's incubation program at IIT Delhi.
Related programmes
Browse similar grant programmes. CapEasy handles this under Fundraising advisory.
Source and verification
Official programme page: fitt-iitd.in. Verification date pending. 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.