FITT Investment Fund – ₹1.5 Cr Funding

Accelerator

About FITT-IIT Delhi:

The Foundation for Innovation & Technology Transfer (FITT) at IIT Delhi has for three decades facilitated IP management, research translation, technology development and technology transfer, industry engagement, CSR programs, startup incubation, etc. The organization has supported more than 300 startups and entrepreneurs through various funding schemes and mentoring-led incubation programs.

FITT INVESTMENT FUND (FIF):

The FITT Investment Fund (FIF) is a strategic initiative established by the FITT-IIT Delhi. The FIF aims to provide essential financial support to startups and entrepreneurs affiliated with the institute and beyond. The FIF is committed to promoting innovation, accelerating the growth of early-stage startups, and fostering a robust entrepreneurial ecosystem. The mission is not only to bridge the financial gap for technology-driven startups but also to contribute to the overall development of a thriving startup community.

Eligibility:

  1. Building Deep Tech Innovations
  2. TRL 4(Lab Validated) and above
  3. Mandatory DPIIT Recognition
  4. Preferably Incorporated for more than 1 Year
  5. FITT Incubated/ Funded Startups or at least one cofounder should be an Alumni/ Student/ Faculty of any of the IITs
  6. The Startup must have at least one paid pilot

*Post the closing of the applications eligibility criteria may vary depending on the applications received.

Timeline: Apply by 23:59 hours IST on 31st August 2024

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