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Impact Orbit – Skilling & Livelihood Innovations Program — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about Impact Orbit – Skilling & Livelihood Innovations Program — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

How much funding is offered?

Grants of up to ₹12.5 lakhs are provided to selected ventures.

What is the application deadline?

The deadline is not specified in the provided information.

Who is eligible to apply?

Eligible applicants are registered for-profit or non-profit entities that have been operational for at least one year. They must be at the MVP to Early Revenue/Growth stage with a proven proof of concept or pilots, demonstrate early traction, have at least one full-time founder, a minimum of three employees, and must be impact-first with potential to impact at least three UN Sustainable Development Goals.

What sectors are supported?

The program focuses on Youth Employment Innovation, Future-Ready Skills Development (including green skills and digital fluency), Entrepreneurship & Self-Employment (nano enterprises/MSMEs), Rural Income Enhancement (food processing, agri-value addition, arts & crafts, tourism, climate-resilient livelihoods with a special focus on women), and Inclusive Economic Participation (PWD, LGBTQAI+, and other marginalized groups).

Is DPIIT or MSME registration required?

The provided information does not specify a requirement for DPIIT or MSME registration.

Does the program take equity?

No, NSRCEL does not charge any fees or take equity from founders. The funding is provided as a grant.

What documents are needed to apply?

The application process involves completing an online application form. Specific document requirements are not listed, but typical items may include business plan, proof of registration, and traction details.

How do I apply?
What is the duration of the program?

The program runs for approximately 8–9 months.

Can early-stage startups apply?

Yes, startups at the MVP to Early Revenue/Growth stage with a proven proof of concept or pilots can apply.

Who offers Impact Orbit – Skilling & Livelihood Innovations Program?

Impact Orbit – Skilling & Livelihood Innovations Program is offered by NSRCEL, IIM Bangalore, an academic institution. It is provided as non-dilutive funding.

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