IITK FinTech Spark Program at SIIC IIT Kanpur — Frequently Asked Questions
Answers to the questions founders most often ask about IITK FinTech Spark Program at SIIC IIT Kanpur — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered?
The IITK FinTech Spark Program provides a grant of up to ₹4L per selected team.
What is the application deadline?
The current application deadline is 28 February 2026.
Who can apply to this program?
Only IIT Kanpur students who have completed at least their fourth semester are eligible. Students from any undergraduate department can form teams of 2 to 3 members and submit an application.
What stage of startup is eligible?
The program is designed for early-stage FinTech ideas, from the ideation stage to early product stage, that are still within the campus and have not yet become full-fledged companies.
Which industry sectors does this program support?
The primary focus areas include payments, lending, RegTech, InsurTech, financial inclusion, and cybersecurity in finance. Teams working on other FinTech verticals are also encouraged to apply if the idea aligns.
Do I need DPIIT or MSME registration to apply?
No, the eligibility criteria do not require DPIIT or MSME registration. The program is open to students who still have an idea and want to transform it into a startup.
Does this program take equity or is it a grant?
The funding is provided as a grant, not as equity investment. Therefore, the program does not ask for a stake in your company. However, incubation services at SIIC may have their own terms, so we advise verifying directly.
What documents are typically needed to apply?
The application is submitted online through the provided link. You generally need to provide details about your team and the FinTech idea. Specific documents were not specified; it is best to check the application form for requirements.
What is the selection process like after submission?
Applications are initially shortlisted based on idea merit and FinTech relevance. Shortlisted teams then participate in an industry immersion phase, followed by a final pitch presentation. Funding decisions are made post-pitch, and disbursements are spread quarterly.
How and where do I apply?
Eligible teams must fill out the online application form available at the SIIC incubator website. The link is: https://siicincubator.com/programs/program_sep.php
Who offers IITK FinTech Spark Program at SIIC IIT Kanpur?
IITK FinTech Spark Program at SIIC IIT Kanpur is offered by SIIC IIT Kanpur, an academic institution. It is provided as non-dilutive funding.
How do I apply for IITK FinTech Spark Program at SIIC IIT Kanpur?
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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