CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups
IIITMK's CHIPMAT initiative offers grant support up to ₹40 lakhs for startups and MSMEs innovating in semiconductors and advanced materials, with access to labs, mentorship, and incubation.
- Funding amount
- ₹40L (grant)
- Funding type
- Grant
- Provider
- INDIAN INSTITUTE OF INFORMATION TECHNOLOGY AND MANAGEMENT KERALA (incubator)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
CHIPMAT is a flagship acceleration program led by the Indian Institute of Information Technology and Management Kerala (IIITMK), in partnership with Maker Village, CoE on IIoT Sensors, ATAL EIC, and Semicon Kerala. The initiative is designed to strengthen India's position in the global semiconductor and advanced materials landscape by turning cutting-edge research and bold ideas into market-ready products.
The program supports projects across the entire deep-tech value chain—from semiconductor design, chip development, and advanced materials ventures to product validation and pilot manufacturing. By providing financial grants and institutional support, CHIPMAT aims to overcome the typical hurdles of deep-tech development, such as high R&D costs, limited infrastructure, and market-entry barriers.
With a focus on Atmanirbhar Bharat, CHIPMAT invites startups, innovators, researchers, MSMEs, and deep-tech entrepreneurs to contribute to India's technological sovereignty. The program is a call to action for those ready to build indigenous solutions, reduce reliance on foreign technology, and create robust supply chains for the future.
Highlights
- Grant support up to ₹40 Lakhs
- Focus on semiconductors and advanced materials
- Open to startups, MSMEs, research teams, and spin-outs
- Pan-India eligibility—no geographic restrictions
- Institutional support including labs, mentorship, and incubation
Who can apply
CHIPMAT is open to a wide range of entities driving innovation in semiconductors and advanced materials:
- Fabless Startups needing design, verification, or tapeout support
- Product Companies with proprietary IP requiring validation or pilots
- Advanced Materials Ventures seeking process optimization or pilot production
- Application Ventures integrating indigenous chips into deployable systems
- Research Teams / Spin-outs with defensible IP and commercialization plans
- MSMEs developing high-risk semiconductor, material, or chip-based technology
There are no geographic restrictions—applicants from across India are welcome.
CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.
What the funding covers
Selected projects receive grant support of up to ₹40 Lakhs—non-repayable capital to fuel innovation. This funding can be used for R&D, prototyping, product validation, pilot manufacturing, and market entry activities.
Beyond the grant, CHIPMAT provides:
- Access to cutting-edge lab infrastructure
- Technical and business mentorship
- Incubation support from partners like Maker Village and ATAL EIC
- Networking opportunities within India's deep-tech ecosystem
- Workshops to enhance entrepreneurial and technical capabilities
About the provider
CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups is offered by INDIAN INSTITUTE OF INFORMATION TECHNOLOGY AND MANAGEMENT KERALA, a startup incubator. It is delivered directly by INDIAN INSTITUTE OF INFORMATION TECHNOLOGY AND MANAGEMENT KERALA as a grant. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
Applications undergo a multi-stage evaluation:
- Initial Screening: Applications are reviewed for eligibility and alignment with the program's focus areas by a panel from IIITMK and partners.
- Detailed Evaluation: Shortlisted applicants are invited to present their projects to a selection committee of academicians, industry veterans, and deep-tech specialists. This may include a Q&A session and due diligence on the team and IP.
- Final Selection: The committee assesses innovativeness, impact potential, team strength, and scalability to make the final decision.
Documents you’ll need
Before you apply to CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups is best suited for startups in India seeking non-dilutive funding of ₹40L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
What is CHIPMAT?
CHIPMAT is an initiative by IIITMK and its partners (Maker Village, CoE on IIoT Sensors, ATAL EIC, Semicon Kerala) to accelerate innovation in India's semiconductor and advanced materials sectors. It offers grants and institutional support to help deep-tech ideas become market-ready products.
How much funding does CHIPMAT provide?
The program offers a grant of up to ₹40 Lakhs per selected project. This is non-repayable funding, so no equity is taken.
Who can apply for CHIPMAT?
Eligible applicants include fabless startups, product companies with proprietary IP, advanced materials ventures, application ventures, research teams or spin-outs with defensible IP, and MSMEs working on high-risk semiconductor, material, or chip-based technologies.
Are there any geographic restrictions?
No, CHIPMAT is open to applicants from across India. There are no state or region restrictions.
What are the focus areas of CHIPMAT?
The program focuses on semiconductor design, chip development, advanced materials, product validation, pilot manufacturing, and indigenous deep-tech innovation.
Does CHIPMAT take equity?
No, the grant is non-repayable, so CHIPMAT does not take equity in your company.
What non-financial support does CHIPMAT offer?
Selected projects receive technical mentorship, access to lab infrastructure, incubation support through partners like Maker Village and ATAL EIC, networking opportunities, and training workshops.
What does the grant cover?
The grant can be used for R&D, prototyping, product validation, pilot manufacturing, and market entry activities.
What documents are needed to apply?
Typically, you need a detailed project proposal, business plan, technical specifications, team résumés, and incorporation documents if applicable.
How do I apply for CHIPMAT?
You can apply by completing the online application form available at the provided Google Forms link. Ensure all required details about your startup, innovation, team, and project proposal are accurately filled.
What is the application deadline for CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups?
CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups runs on a rolling basis with no fixed deadline — applications are accepted on an ongoing basis. Check the official site to confirm the window is currently open.
Is DPIIT recognition required for CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups, though having it can strengthen your application and unlock other benefits.
Who offers CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups?
CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups is offered by INDIAN INSTITUTE OF INFORMATION TECHNOLOGY AND MANAGEMENT KERALA, a startup incubator. It is provided as non-dilutive funding.
Alternatives to CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups
Not sure CHIPMAT: ₹40L Grant for Semiconductor & Advanced Materials Startups is the right fit, or already applied? These are other grants open to Indian startups that founders shortlist alongside it.
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