IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups — Frequently Asked Questions
Answers to the questions founders most often ask about IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered by the IIMK LIVE BIP?
The programme does not provide direct seed capital at this time. Instead, it offers non-financial support, including mentorship, incubation, co-working space, and investor connections. It also helps you access government funding schemes and external investors to secure capital.
What is the deadline to apply?
The application deadline is 31 August 2026.
Who is eligible to apply?
The programme is open to any entrepreneur or startup, regardless of affiliation with IIMK. You must have a proof of concept or a working prototype, and your venture must be registered as a company (or you must complete registration within three months of admission confirmation). Ventures promoted by IIMK students, alumni, or faculty may receive priority if the idea holds similar merit.
Is there any sector or state restriction?
No, the programme is open to startups from all sectors and does not specify any state restrictions.
Is DPIIT or MSME registration required?
There is no mention of DPIIT or MSME registration requirements. However, your venture must be registered as a company, or you must register within three months of admission.
Does the programme take equity?
No, the programme does not take equity. It is an incubation programme, not an equity-based accelerator, and no equity stake is mentioned.
What documents are typically needed to apply?
You need to submit a detailed startup idea and business plan demonstrating your proof of concept or prototype. The application can be initiated by contacting enquiry@iimklive.org.
How and where do I apply?
You can apply by submitting your expression of interest and business plan via the provided application form (Google Form link) or by contacting enquiry@iimklive.org. The selection process includes an initial screening and a presentation to the selection committee at the IIMK Campus in Kochi.
Is there an incubation fee?
Yes, incubatees are required to pay a half-yearly incubation fee of ₹18,000 plus applicable taxes for each six-month term throughout the incubation period.
Can startups that have already raised funding apply?
Yes, the programme does not restrict applicants based on prior funding. It focuses on early-stage ventures with innovative ideas and a clear path to product-market fit.
Who offers IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups?
IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups is offered by IIMK LIVE, an academic institution. It is provided as non-dilutive funding.
How do I apply for IIMK LIVE BIP — 2-Year Incubation & Mentorship for Startups?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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