Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology

Samriddhi 2.0 is a focused incubation program launched by the Technology Innovation Foundation (TECHIN) of IIT Palakkad in partnership with Symega Food Ingredients Ltd. The program aims to identify, nurture, and accelerate startups and innovators in the Food Technology sector who have developed solutions at Technology Readiness Level (TRL) 4 and above. These innovations should target industry-relevant challenges across the entire food ecosystem, from production and processing to packaging, preservation, waste management, and safety. By concentrating on TRL 4+ technologies, the program ensures that selected ventures have already demonstrated a working prototype in a laboratory setting, providing a solid foundation for further development and scaling. Samriddhi 2.0 provides a hybrid incubation model, combining virtual and in-person support, along with seed funding of up to ₹5 Lakhs as an equity investment. The collaboration with Symega Food Ingredients brings valuable industry expertise and market insights to the incubatees. Through TECHIN, IIT Palakkad's incubator, the program offers comprehensive mentorship, access to state-of-the-art labs and fabrication facilities, subsidized incubation space, and critical business support including legal, financial, and IP consultation. This holistic approach is designed to transform promising food technology concepts into sustainable, market-ready businesses.

• Seed funding up to ₹5 Lakhs as an equity investment
• Hybrid incubation model (Online & Offline)
• Focus on Food Technology innovations at TRL 4+
• Expert mentorship from IIT Palakkad and industry leaders
• Access to labs, fabrication facilities, and subsidized space
• Business support including legal, IP, and investor connect

Applicants must be Indian nationals by origin and citizenship, with an innovative idea in the Food Technology sector that has progressed to at least TRL-4, meaning a working prototype is available. The idea must be novel and proprietary. Applicants can be existing startups or must be willing to register as a startup immediately upon selection. A founder or co-founder must commit full-time to the venture. Prior applicants to TECHIN incubation calls within the last three months are not eligible. There are no specific stage or industry restrictions beyond the Food Technology focus, and no DPIIT or MSME registration is explicitly required, but formal startup registration is expected post-selection.

Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology is open to startups at any stage. It is open to startups registered anywhere in India.

The most recent application window for Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology closed on 10 Jul 2026. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.

Selected startups receive funding support of up to ₹5 Lakhs (INR 500,000) as an equity investment from TECHIN, with the exact amount and equity stake determined through discussions with the winning teams. Beyond funding, the program offers a comprehensive hybrid incubation package that includes: expert mentorship from IIT Palakkad's network and industry leaders; access to state-of-the-art laboratory and fabrication facilities; subsidized incubation space; business support such as legal, financial, and intellectual property consultation; investor access and fundraising support; and training workshops to fine-tune business models and scale the venture.

Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology is offered by IIT Palakkad Technology IHub Foundation (IPTIF), an academic institution. It is delivered directly by IIT Palakkad Technology IHub Foundation (IPTIF) as a equity. You can verify current details and timelines on the provider's official website before applying.

Applications are initially reviewed by a panel of experts. Shortlisted teams are then invited to a first virtual pitching round, where both the technical viability and business potential of their innovations are assessed. Teams that successfully pass this stage advance to a final pitching round. Final selection is based on the outcomes of these pitching rounds and evaluator recommendations. The exact funding amount and equity stake are negotiated with the winning teams.

Before you apply to Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology, keep the following documents ready:

• 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.

Samriddhi 2.0 (समृद्धि) – Call for Innovations in Food Technology is best suited for startups in India seeking an equity investment of ₹5L. If that describes your startup, review the eligibility criteria above before applying.