IITK FinTech Spark Program — Frequently Asked Questions
Answers to the questions founders most often ask about IITK FinTech Spark Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered?
The program offers a grant-in-aid of up to ₹6 lakh per team.
What is the application deadline?
The deadline for applications is May 18, 2026.
Who is eligible to apply?
Only undergraduate (UG) students of IIT Kanpur who have completed their 4th semester are eligible. Teams must have 2 to 3 members.
What stage of idea is expected?
The program is open to ideas at an early stage, from concept to prototype. Teams should have a preliminary pitch outlining their FinTech solution.
Is there any equity involvement?
No, the funding is provided as a grant-in-aid, so no equity is taken.
What documents are required to apply?
The application requires team member details, academic background, and a preliminary pitch. Additional documents like student ID proofs, team agreements, and a detailed project plan may be requested later.
How do I apply?
Applications are submitted through the online portal at the provided URL (https://lnkd.in/gw_PhUBi) by the deadline.
Does the program require MSME or DPIIT registration?
No, the program does not require MSME or DPIIT registration.
What happens after selection?
Selected teams are notified and provided with next steps for onboarding and grant disbursement. They also receive mentorship and a pathway to full incubation at SIIC.
Who offers IITK FinTech Spark Program?
IITK FinTech Spark Program is offered by SIIC IIT Kanpur, an academic institution. It is provided as non-dilutive funding.