Question

The 'Productization Grant' is intended for startups looking to achieve what?

• A. Secure seed funding for initial business idea development.
• B. Convert a Minimum Viable Prototype into a final product with early traction/revenue.
• C. Expand their existing market share through aggressive marketing.
• D. Develop a novel technological innovation with no immediate market application.

Answer 1

Answer:

B. Convert a Minimum Viable Prototype into a final product with early traction/revenue.

Productization Grant

• For startups who are looking to convert the Minimum viable prototype into the final product with early traction/ early revenue.

• The grant amount is upto Rs.7 lakhs