NSRCEL Campus Founders Programme by IIM Bangalore
Equity-free grant up to ₹5L & incubation for student founders by IIM Bangalore.
- Funding amount
- ₹5L (grant)
- Funding type
- Grant
- Provider
- NSRCEL, IIM Bangalore (Academic)
- Application deadline
- Rolling
- Eligible stage
- Idea · Product
- Location
- Open to startups registered in India
Overview
The NSRCEL Campus Founders Programme is a structured incubation initiative run by NSRCEL at IIM Bangalore, designed to nurture the next generation of entrepreneurs. It is open to current students and recent graduates across India, guiding ventures from prototype stage through validation to early growth. The program leverages NSRCEL's extensive mentor and alumni network, providing hands-on support, peer learning, and access to industry experts and investors.
The program follows a multi-stage journey, equipping founders with entrepreneurial skills, strategic insights, and market-ready tools. It offers a non-dilutive grant-in-aid of up to ₹5 lakh for up to three qualifying ventures that reach Phase 2. Additionally, participants receive a startup toolkit with partner discounts from AWS, RazorpayX, Stripe, and Zoho to reduce initial costs. Networking opportunities through NSRCEL's alumni and mentor base further strengthen fundraising, business development, and partnership potential.
The initiative is sector-agnostic and open across PAN India, positioning student founders for success as they transition from academia to scalable venture building. The program is free to apply with a rolling deadline, and no equity is taken in exchange for funding.
Highlights
- Equity-free grant of up to ₹5 lakh for up to three ventures per cohort; no equity taken.
- Open to current students and recent graduates (less than one year out) from any discipline across India.
- Multi-stage incubation: from prototype validation to early scale, with virtual and in-person sessions.
- Startup toolkit discounts from AWS, RazorpayX, Stripe, Zoho to lower operational costs.
- Sector-agnostic and free to apply with rolling deadline.
- Access to NSRCEL's alumni network and investor ecosystem.
Who can apply
The NSRCEL Campus Founders Programme is open to current undergraduate and postgraduate students from any discipline, as well as recent graduates who have completed their studies fewer than 12 months before the selection date. There is no age limit. Founders from any Indian state can apply, and all entity types are welcome: individual founders, private limited companies, LLPs, or proprietorships. A working prototype is mandatory — ventures must have a proof of concept to apply. The program is sector-agnostic, so startups from any industry are eligible. DPIIT or MSME registration is not required to apply.
NSRCEL Campus Founders Programme by IIM Bangalore is open to startups at the idea and product stage. It is open to startups registered anywhere in India. Applicants should be registered as individual, private limited and llp.
- Eligible stage
- Idea · Product
- Location
- Open to startups registered in India
- Entity type
- Individual, Private Limited, Llp, Proprietorship
Deadline & timing
NSRCEL Campus Founders Programme by IIM Bangalore accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.
What the funding covers
Successful ventures that progress to Phase 2 receive a non-dilutive grant of up to ₹5 lakh. The grant is equity-free — NSRCEL does not take any stake in the company. Additionally, all participants enjoy a startup toolkit with discounts and credits from partners including AWS, RazorpayX, Stripe, and Zoho. Founders gain structured incubation, mentorship from industry experts, access to NSRCEL's extensive alumni network, peer learning opportunities, and investor access throughout the program.
About the provider
NSRCEL Campus Founders Programme by IIM Bangalore is offered by NSRCEL, IIM Bangalore, an academic institution. It is delivered directly by NSRCEL, IIM Bangalore as a grant. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
Applications are initially screened against eligibility criteria (student/recent grad status, presence of a working prototype, acceptable entity type). Shortlisted applicants are then invited for a telephonic interview to discuss their venture and assess their entrepreneurial drive. Next, candidates deliver a pitch presentation to a panel of mentors, outlining their prototype, market potential, and team capabilities. A final program-fit assessment ensures alignment with the Foundational Pre-Incubation Phase. Selected founders are then onboarded into the program at IIM Bangalore.
Documents you’ll need
Before you apply to NSRCEL Campus Founders Programme by IIM Bangalore, keep these documents ready — note the program-specific requirements at the top:
- Certificate of incorporation showing your startup is registered as individual and private limited
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
NSRCEL Campus Founders Programme by IIM Bangalore is best suited for idea and product-stage startups in India seeking non-dilutive funding of ₹5L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
Who is eligible for the NSRCEL Campus Founders Programme?
Current undergraduate or postgraduate students from any discipline, and recent graduates who have graduated less than one year before the selection date. There is no age limit. Founders from any Indian state can apply. All entity types (individual, private limited, LLP, proprietorship) are welcome. A working prototype is mandatory.
What funding is offered and does it require equity?
Up to ₹5 lakh grant is available for up to three ventures that advance to Phase 2. This is a non-dilutive grant — NSRCEL does not take any equity in exchange for the funding.
What is the application deadline?
The programme has a rolling or always-open deadline. You can apply any time; selection happens on a batch-by-batch basis.
Is the programme open to any industry?
Yes, the programme is sector-agnostic. Startups from any industry are welcome as long as they have a working prototype and clear potential for scale.
Do I need DPIIT or MSME registration to apply?
No, DPIIT or MSME registration is not required to apply.
What documents are needed for the application?
You need to submit venture details, a working prototype description, and answers to the online application form. Do not submit video links or pitch decks separately unless asked. A compelling pitch is required with the application.
How do I apply?
Applications are submitted online at https://nsrcel.accubate.app/ext/form/23329/1/apply. Ensure you meet all eligibility criteria and have a working prototype.
What is the programme duration?
The programme lasts between 3 to 12 months depending on the venture's stage and progress. It follows a hybrid format with virtual sessions and occasional physical events at IIM Bangalore.
Does the programme provide office space or incubation support?
Yes, the programme offers dedicated incubation support including mentorship, networking, peer learning, and access to a closed mentorship program. Physical infrastructure details are not specified, but cohort immersion may be included.
What happens after I receive the grant funding?
After receiving the grant, you progress to the acceleration and growth phase with continued mentorship, larger networking opportunities, and exposure from NSRCEL's alumni network to help scale your prototype to market.
How much funding does NSRCEL Campus Founders Programme by IIM Bangalore provide?
NSRCEL Campus Founders Programme by IIM Bangalore provides ₹5L (up to) as grant. Always confirm the exact amount and any conditions on the official site, as figures can change between cohorts.
Who offers NSRCEL Campus Founders Programme by IIM Bangalore?
NSRCEL Campus Founders Programme by IIM Bangalore is offered by NSRCEL, IIM Bangalore, an academic institution. It is provided as non-dilutive funding.
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