ASIIM Program — Frequently Asked Questions
Answers to the questions founders most often ask about ASIIM Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered under the ASIIM Program?
Selected innovators can receive up to ₹30 lakhs in equity-based financial support.
What is the application deadline?
The deadline to apply is January 23, 2026.
Who is eligible to apply?
Applicants must belong to the Scheduled Caste (SC) or Divyang (disability) category. Their startup or idea should be at the ideation, prototyping, or pre-revenue stage. There is no restriction on sector, but the idea must be technology-driven and socially impactful.
Is DPIIT or MSME registration required?
No, DPIIT or MSME registration is not mentioned as a requirement for this program.
Does the program take equity?
Yes, the funding is described as 'equity-based financial support', meaning the program takes an equity stake in the venture.
What stage of startup is supported?
ASIIM supports early-stage ideas at the ideation, prototyping, or pre-revenue stage.
Can winners of hackathons apply?
Yes, winners of hackathons such as Smart India Hackathon are eligible to apply.
How do I apply?
You can apply through the online application form provided by IIT Mandi Catalyst at the official link.
What documents are needed?
The application process requires filling an online form. Specific document requirements are not listed, but applicants may need to provide identity proof, caste/disability certificate, and a business pitch.
Is the program open to students?
Yes, students or youth with innovative and creative ideas can apply.
Who offers ASIIM Program?
ASIIM Program is offered by IIT Mandi Catalyst, an academic institution. It is provided as non-dilutive funding.