Question

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

• A. Productization and early traction
• B. Scaling up and maximizing revenue
• C. Ideation & Designing Stage/Proof of Concept Stage to Minimum Viable Prototype
• D. Market acceleration and revenue growth

Answer 1

Answer:

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

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