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
What is the SPARK Program?
The SPARK Program is a high-impact scale-up initiative launched by the Society for Innovation & Entrepreneurship (SINE), IIT Bombay, in partnership with HDFC Bank Parivartan. It aims to help early-revenue, technology-driven startups accelerate their commercialization and achieve national and global competitiveness.
How much funding can a startup receive through the SPARK Program?
Selected startups can receive grant support of up to ₹50 lakhs. This funding is milestone-linked.
What type of startups is the SPARK Program looking for?
The program targets early-revenue, technology-driven startups that have reached a Technology Readiness Level (TRL) of 5 or higher. The focus is on ventures with the potential for national impact and global competitiveness, particularly in deep-tech and advanced technology sectors.
Does the SPARK Program take equity from participating startups?
No, the SPARK Program provides grant support, which means it does not take any equity stake in the participating startups.
What non-financial benefits are offered to selected startups?
Beyond the grant, selected startups receive structured mentorship, access to the IIT Bombay innovation ecosystem, opportunities for increased visibility, and avenues for collaboration.
Is there a specific deadline to apply for the SPARK Program?
Yes, the application deadline for the SPARK Program is January 20, 2026.
Are there any specific industry or state requirements for eligibility?
The program focuses on deep-tech and advanced technology sectors, but specific industry or state requirements are not detailed in the provided information. The primary criteria are being an early-revenue, technology-driven startup at TRL 5 or above.
Where can I apply for the SPARK Program?
You can apply for the SPARK Program through the official application portal: https://parivartan.accubate.app/ext/form/13796/1/apply?source=startupgrantsindia.com&ref=startupgrantsindia.com
Is DPIIT recognition required for SPARK Program at SINE, IIT Bombay?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for SPARK Program at SINE, IIT Bombay, though having it can strengthen your application and unlock other benefits.
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.
How do I apply for SPARK Program at SINE, IIT Bombay?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.