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For which stage of a startup is the 'Idea Grant' applicable?

AProductization and early traction

BScaling up and maximizing revenue

CIdeation & Designing Stage/Proof of Concept Stage to Minimum Viable Prototype

DMarket acceleration and revenue growth

Answer:

C. Ideation & Designing Stage/Proof of Concept Stage to Minimum Viable Prototype

Read Explanation:

Idea Grant

  • For startups who are in Ideation & Designing Stage/Proof of Concept Stage to the Minimum viable prototype.

  • The grant amount is upto Rs.3 lakhs.

Idea Grant (Student Innovator)

  • For students who are in Ideation & Designing Stage/Proof of Concept Stage to the Minimum Viable Prototype Development.

  • The grant amount is upto Rs.2 lakhs


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