NSRCEL Campus Founders Programme by IIM Bangalore — Frequently Asked Questions
Answers to the questions founders most often ask about NSRCEL Campus Founders Programme by IIM Bangalore — who qualifies, the funding amount, required documents and how the application works.
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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