PIEDS SIDBI iDEX Fund - BITS Pilani PIEDS — Frequently Asked Questions
Answers to the questions founders most often ask about PIEDS SIDBI iDEX Fund - BITS Pilani PIEDS — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the maximum funding amount available through the PIEDS SIDBI iDEX Fund?
The PIEDS SIDBI iDEX Fund offers financial support of up to ₹1.5 crore to eligible startups.
What is the application deadline for this funding program?
The application deadline for the PIEDS SIDBI iDEX Fund is March 31, 2026.
Which types of startups are eligible to apply for this fund?
Eligible startups must be Indian private limited companies, recognised by DPIIT, and have won an iDEX challenge. They must have previously received grant support from iDEX, been incorporated for at least one year, and be willing to incubate with PIEDS at BITS Pilani. The focus must be on defence and allied technology domains, with the startup already at the prototyping or product development stage.
Is DPIIT recognition a mandatory requirement for applicants?
Yes, it is a mandatory requirement that applying startups must be recognised by DPIIT as an Indian startup.
Does the PIEDS SIDBI iDEX Fund take equity from participating startups?
No, this program is structured as a grant, meaning it provides funding without taking an equity stake in the startup.
What kind of support does the program offer in addition to funding?
Beyond financial assistance, the program provides structured incubation support through PIEDS, including technical mentorship, access to infrastructure, and domain expertise. It also assists with prototyping, field trials, preparing for real-world deployment, and navigating go-to-market strategies like procurement processes and partnerships.
Who is the primary provider of the PIEDS SIDBI iDEX Fund?
The program is implemented by the Pilani Innovation & Entrepreneurship Development Society (PIEDS) at BITS Pilani, in collaboration with the Small Industries Development Bank of India (SIDBI).
How can an eligible startup apply for the PIEDS SIDBI iDEX Fund?
Eligible startups can apply for the PIEDS SIDBI iDEX Fund through the official application form available online.
Who offers PIEDS SIDBI iDEX Fund - BITS Pilani PIEDS?
PIEDS SIDBI iDEX Fund - BITS Pilani PIEDS is offered by PIEDS, an academic institution. It is provided as non-dilutive funding.
How do I apply for PIEDS SIDBI iDEX Fund - BITS Pilani PIEDS?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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