IIML EIC SportsTech Acceleration Program — Frequently Asked Questions
Answers to the questions founders most often ask about IIML EIC SportsTech Acceleration Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What kind of funding can startups expect from this program?
The program offers funding opportunities directly from IIML EIC for eligible startups. Additionally, it provides critical access to external investment through its network of leading Venture Capital firms, angel investors, and strategic partners, facilitating avenues for significant capital infusion.
Is there a specific amount of funding guaranteed?
No, the program does not specify a fixed grant amount. Funding is provided as an "opportunity" and depends on the startup's stage, potential, and successful pitches to IIML EIC's internal funds or external investors.
Which industries are prioritized for this acceleration program?
The program is intensely focused on startups innovating across SportsTech, FitnessTech, AI in Sports, Wearables, eSports, Sports Analytics, Athlete Management, Creator Economy (within sports), and Sports Media. Any venture at the intersection of sports and technology is highly relevant.
Do I need a fully incorporated company to apply?
The program generally welcomes startups at various stages. Any specific legal-entity requirements are detailed in the application form.
What kind of mentorship is provided?
Participants receive 1:1 mentorship from a diverse pool of industry experts, experienced founders, and domain specialists. A unique aspect is the "Super Mentorship" opportunity with renowned Indian cricketer Bhuvneshwar Kumar, offering high-profile guidance.
Is physical relocation to IIM Lucknow required for the program?
The program description does not explicitly state a relocation requirement. Typically, acceleration programs of this nature may operate in a hybrid or virtual model, but physical presence for certain events or mentorship sessions might be encouraged or required. Applicants should clarify this with the program organizers if selected.
What is the deadline to apply?
The application deadline is July 31, 2026.
Does the program take equity?
The program offers grant funding (non-dilutive) and investment opportunities. It does not specify taking equity for participation, but external investors may seek equity.
How do I apply?
Applications are submitted via an online form hosted on the IIML EIC platform. You need to provide detailed information about your startup, including team, problem, solution, market opportunity, business model, and traction, along with supporting documents like pitch deck, founder CVs, company registration docs, and product demos.
Is DPIIT recognition required for IIML EIC SportsTech Acceleration Program?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for IIML EIC SportsTech Acceleration Program, though having it can strengthen your application and unlock other benefits.
Who is eligible to apply for IIML EIC SportsTech Acceleration Program?
IIML EIC SportsTech Acceleration Program is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers IIML EIC SportsTech Acceleration Program?
IIML EIC SportsTech Acceleration Program is offered by IIM Lucknow Enterprise Incubation Centre, an academic institution. It is provided as non-dilutive funding.