SPARK Program at SINE, IIT Bombay — Frequently Asked Questions
Answers to the questions founders most often ask about SPARK Program at SINE, IIT Bombay — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is provided under the SPARK Program?
Selected startups can receive a milestone-linked grant of up to ₹50 lakh.
What is the application deadline for the SPARK Program?
The current deadline is 20 January 2026.
Who is eligible to apply for the SPARK Program?
Any DPIIT-recognized Indian startup that is at Technology Readiness Level (TRL) 5 or above, early-revenue, technology-driven, and working in deep-tech or advanced technology domains. The startup must be committed to scaling commercialization and creating a national or global impact.
Does the SPARK Program require DPIIT or MSME certification?
Yes, it requires DPIIT recognition for the startup. There is no mention of MSME registration being mandatory.
Does the SPARK Program take equity in the startup?
No, the SPARK Program provides a grant, which is non-dilutive, meaning it does not take any equity.
How is the funding disbursed?
The grant is milestone-linked, meaning it is disbursed in stages as the startup achieves specific pre-agreed milestones.
What documents are needed to apply for the SPARK Program?
The specific document list is not available. You will likely need to provide details of your startup's technology, business model, revenue, team, and DPIIT registration. Follow the application link for the exact submission format.
How do I apply for the SPARK Program?
You can apply online through the Accubate application form at: https://parivartan.accubate.app/ext/form/13796/1/apply?source=startupgrantsindia.com&ref=startupgrantsindia.com
Can my startup apply if it is not based near IIT Bombay?
The eligibility does not mention any location restriction, so startups from anywhere in India that are DPIIT-recognized should be eligible to apply.
What kind of mentorship is offered to selected startups?
The program provides structured mentorship from industry experts, successful entrepreneurs, and access to SINE’s network of faculty and partners.
Who offers SPARK Program at SINE, IIT Bombay?
SPARK Program at SINE, IIT Bombay is offered by SINE, IIT Bombay, an academic institution. It is provided as non-dilutive funding.