iCreate Pro-Fund Gateway Prototype/PoC Funding Support — Frequently Asked Questions
Answers to the questions founders most often ask about iCreate Pro-Fund Gateway Prototype/PoC Funding Support — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What kind of funding is offered through the iCreate Pro-Fund Gateway?
The iCreate Pro-Fund Gateway primarily offers grant funding, which means it is non-dilutive and does not require you to give up equity in your startup.
What is the maximum funding amount available?
Through the iCreate Pro-Fund Gateway, eligible projects can receive funding support ranging from ₹2 lakh up to ₹30 lakh.
Who is eligible to apply for this program?
The program is open to Indian citizens who are individual innovators, students, or early-stage startups. The project should be focused on hardware or software-based technology innovation and be in the Idea-to-Proof-of-Concept (PoC) development stage, or already have a PoC ready.
Are there specific requirements for startups registered in certain states?
Yes, for specific grant opportunities offered by the Government of Gujarat, your startup must be registered as an LLP or a private limited company in Gujarat.
Does the program require DPIIT or MSME registration?
The provided information does not specify a requirement for DPIIT or MSME registration to apply for the iCreate Pro-Fund Gateway.
What types of projects or industries are preferred?
The program specifically targets projects related to hardware or software-based technology innovation, including areas like AI/SaaS for enterprises, deeptech, electronics, and robotics. The focus is on developing a Proof-of-Concept (PoC) or prototype.
Is there a deadline to apply for the iCreate Pro-Fund Gateway?
The application deadline for the iCreate Pro-Fund Gateway is currently not specified in the program details.
What are the benefits of participating in this program beyond funding?
Beyond funding, participants receive comprehensive support including business and technical mentorship, access to prototyping and digital innovation labs, incubation services, and connections with investors, industry, and the startup ecosystem. Hostel accommodation on the iCreate campus is also available.
How can I apply for the iCreate Pro-Fund Gateway?
You can apply for the iCreate Pro-Fund Gateway by visiting the application portal at https://icreate.accubate.app/ext/form/3861/1/apply?source=startupgrantsindia.com.
Does iCreate Pro-Fund Gateway Prototype/PoC Funding Support take equity?
No. iCreate Pro-Fund Gateway Prototype/PoC Funding Support is grant and is non-dilutive — the provider does not take an equity stake in your startup.
Who offers iCreate Pro-Fund Gateway Prototype/PoC Funding Support?
iCreate Pro-Fund Gateway Prototype/PoC Funding Support is offered by iCreate, a startup incubator. It is provided as non-dilutive funding.
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