IFCI Scheme for Scheduled Tribe Innovators — Frequently Asked Questions
Answers to the questions founders most often ask about IFCI Scheme for Scheduled Tribe Innovators — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the IFCI Scheme for Scheduled Tribe Innovators?
This scheme, managed by IIT Mandi Catalyst, is an initiative to support early-stage startups founded by Scheduled Tribe innovators, providing equity-based funding and comprehensive incubation support for technology-driven business ideas with commercial potential.
What is the maximum funding available through this scheme?
The program offers equity-based financial support of up to ₹30 lakhs to selected startups.
What is the application deadline for the IFCI Scheme?
The application deadline for this program is 2026-02-12.
Who is eligible to apply for this program?
The program is open to startups at the ideation, prototype, or pre-revenue stage. The startup must be a registered Private Limited company, and its lead founder must belong to the Scheduled Tribe category with at least 51% shareholding. Students and youth with innovative, commercially viable, and technology-driven ideas are also encouraged to apply.
Does this program require DPIIT or MSME registration?
The provided information does not specify a requirement for DPIIT or MSME registration.
Does the IFCI Scheme for Scheduled Tribe Innovators take equity in the startup?
Yes, this program provides equity-based financial support, meaning it takes an equity stake in the selected startups rather than offering loans.
What kind of support is provided in addition to funding?
Beyond financial support, selected startups receive incubation support, mentorship, valuable networking opportunities, and assistance with future fundraising efforts.
How can I apply for the IFCI Scheme?
To apply, you need to complete and submit the online application form by the specified deadline. You can find the application form at the provided URL: https://forms.zohopublic.in/documents1/form/IITMandiCatalystApplicationForm/formperma/ia9DNjSmH4gFdnNur2-1yw3vApYYze-vtdMR9JY8dcA?utm_source=startupgrantsindia.com&ref=startupgrantsindia.com.
Who offers IFCI Scheme for Scheduled Tribe Innovators?
IFCI Scheme for Scheduled Tribe Innovators is offered by IIT Mandi Catalyst, an academic institution. It is provided as an investment.
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