SPRINT (Strategic Program for Research Innovation and Next-Gen Tech Commercialization) is a loan from IIT Ropar - Technology and Innovation Foundation (iHub-AWaDH) for deep-tech, hardware/software R&D startups and individuals with innovative CPS-aligned ideas, patents/IP preferred, women founders encouraged. It provides Up to Rs 50 lakh (grant, equity, or loan), for deep-tech, Cyber-Physical Systems, hardware and software R&D. Applications are open on a rolling basis. Last verified against the official page on 2 November 2026.
Key facts
| Amount / benefit | Up to Rs 50 lakh (grant, equity, or loan) (Up to Rs 50 lakh (grant, equity, or loan)) |
|---|---|
| Provider | IIT Ropar - Technology and Innovation Foundation (iHub-AWaDH) |
| Where | Pan-India |
| Sector | Deep-tech, Cyber-Physical Systems, hardware and software R&D |
| Deadline | Rolling intake |
What is SPRINT?
SPRINT (Strategic Program for Research Innovation and Next-Gen Tech Commercialization) — Up to Rs 50 lakh (grant, equity, or loan) — Deep-tech, hardware/software R&D startups and individuals with innovative CPS-aligned ideas, patents/IP preferred, women founders encouraged. It is run by IIT Ropar - Technology and Innovation Foundation (iHub-AWaDH).
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan. 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, cyber-physical systems, hardware and software r&d. 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 SPRINT?
Deep-tech, hardware/software R&D startups and individuals with innovative CPS-aligned ideas, patents/IP preferred, women founders encouraged.
How much does SPRINT give, and in what form?
Up to Rs 50 lakh (grant, equity, or loan), as up to Rs 50 lakh (grant, equity, or loan).
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Browse similar loan programmes. CapEasy handles this under Working-capital loan advisory.
Source and verification
No official page is linked for this programme yet. Last verified 2 November 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.