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NSRCEL Campus Founders Programme by IIM Bangalore — Frequently Asked Questions

FAQ

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 to apply for the NSRCEL Campus Founders Programme?

The program is designed for current undergraduate or postgraduate students, as well as recent graduates who have completed their studies within the last year. Applicants must have a working prototype or demonstrate early traction with their startup. It is open to founders from across India, regardless of their sector.

What kind of financial support does this program offer?

The NSRCEL Campus Founders Programme provides an equity-free grant of up to ₹5 lakh. This non-dilutive funding is available for promising ventures that successfully advance to Phase 2 of the incubation journey.

What is the typical duration and format of the program?

The program's total duration can range from 3 to 12 months, depending on the individual venture's stage and progress. It operates in a hybrid format, combining virtual sessions with occasional in-person events and meetups.

Are there any restrictions on the type of industry or location for applicants?

No, the program is sector-agnostic, meaning it welcomes innovative ideas from any industry. Furthermore, it is open to student founders from across PAN India, without geographical limitations within the country.

Can you describe the selection process for the program?

The selection process involves several steps: an initial screening for eligibility, a telephonic interview, a pitch presentation to a mentor panel, a final assessment for program fit, and then onboarding into the Foundational Pre-Incubation Phase.

What is the application deadline for the NSRCEL Campus Founders Programme?

Applications for this program are accepted on a rolling basis, meaning there is no fixed deadline and submissions are always open.

Does the NSRCEL Campus Founders Programme take equity in my startup?

No, the program offers an equity-free grant, which means it provides funding without taking any ownership stake or equity in your startup.

What types of legal entities are eligible to apply?

The program welcomes applications from individuals, as well as legally registered entities such as private limited companies, Limited Liability Partnerships (LLPs), and proprietorships.

How can I apply for the NSRCEL Campus Founders Programme?

You can apply for the program online through the official application portal. The process typically involves submitting your venture details and going through the outlined selection stages.

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.

Is DPIIT recognition required for NSRCEL Campus Founders Programme by IIM Bangalore?

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for NSRCEL Campus Founders Programme by IIM Bangalore, though having it can strengthen your application and unlock other benefits.

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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