How to Apply for Start Up Fund
Start Up Fund accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
The selection process for the Start Up Fund is rigorous and multi-faceted. Initially, applications submitted through the online portal are thoroughly reviewed by a dedicated Startup Steering Committee or experts appointed by Oil India Limited. This initial screening focuses on evaluating the novelty and innovation of the business idea, its potential for commercialization, the viability of the market fit, and the scope for scaling. Proposals that are purely academic R&D, lack commercial potential, or pose significant ethical/environmental risks are filtered out. Shortlisted startups progress to a presentation/interaction round, where they pitch their solutions, technology, and business model to a panel of experts from OIL and its incubation partners. This stage assesses the team's capabilities, the depth of their technological understanding, and their strategic vision. The final selection is based on a comprehensive evaluation of these criteria, culminating in an invitation to join the SNEH program and formalize the support through a tripartite agreement.