UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE
A six-month, no-cost blockchain incubation program at IIM Lucknow for DPIIT-recognised startups registered in Uttar Pradesh.
- Funding amount
- Varies by program
- Funding type
- Equity
- Provider
- IIM Lucknow Enterprise Incubation Centre (Academic)
- Application deadline
- Closes in 13d (18 Jun 2026)
- Eligible stage
- Product · Revenue
- Location
- Open to startups registered in India
- DPIIT recognition
- Required — the startup must hold DPIIT (Startup India) recognition
Overview
UDBHAV 3.0 is a comprehensive six-month incubation initiative focused on blockchain technology, offered completely free of charge. It is spearheaded by the Centre of Excellence in Blockchain Technology, operating under the umbrella of the IIM Lucknow Enterprise Incubation Centre (IIML EIC). The program receives crucial backing from the Government of Uttar Pradesh, with Microsoft serving as a key Technology Partner and the Kerala Blockchain Academy contributing as a Knowledge Partner. This collaborative effort aims to nurture innovation in the blockchain space.
The program is specifically designed to assist startups in developing, validating, and successfully scaling their blockchain-based solutions and use cases. Participating startups gain co-incubation privileges, granting them access to IIML EIC's extensive ecosystem and dedicated workspace facilities. They also benefit from structured mentorship provided by seasoned industry experts, receive support for capacity building, and get assistance with product validation and commercialisation strategies. A significant aspect is the dedicated handholding support for the intricate development of blockchain use cases.
Beyond direct incubation, UDBHAV 3.0 offers robust operational support, including helpdesks for legal, Intellectual Property Rights (IPR), and financial matters. Startups can also leverage IIML EIC's advanced infrastructure, such as its Supercomputer, IoT labs, and 3D Printing facilities. The program further creates pathways to potential funding and corporate engagement opportunities, facilitates access to global markets, and provides direct interaction with Microsoft's cutting-edge blockchain stack through the technology partnership. Applications for this program close on June 18, 2026.
Highlights
- Six-month, no-cost incubation for blockchain startups.
- Run by IIM Lucknow Enterprise Incubation Centre (IIML EIC).
- Open to DPIIT-recognised startups registered in Uttar Pradesh.
- Focus on product and revenue-stage blockchain or Web3 use cases.
- Application deadline is June 18, 2026.
- Equity-based program with varied funding amounts.
Who can apply
This program is open to startups that meet specific criteria, ensuring a focus on high-potential blockchain ventures within Uttar Pradesh.
Applicants must be:
- Officially recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
- Registered within the state of Uttar Pradesh.
- Actively engaged in developing or working on blockchain-based use cases.
- Have at least 51% of their equity held by Indian founders.
UDBHAV 3.0 targets startups at the product or revenue stage within the gaming, media, and Web3 industries. Eligible legal entities include Private Limited Companies and Limited Liability Partnerships (LLPs). The incubation program itself is offered at no cost to selected startups, being fully subsidised.
Deadline & timing
Applications for UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE are open and the current deadline is Closes in 13d (18 Jun 2026). Applications are closing soon, so prepare your documents early. Deadlines can change — always reconfirm on the official source before submitting.
What the funding covers
Selected startups are granted a six-month, no-cost incubation experience. This includes co-incubation access to IIML EIC's state-of-the-art workspace and laboratory facilities. Participants receive structured mentorship from industry leaders, alongside access to specialised helpdesks for legal, Intellectual Property Rights (IPR), and financial guidance. A key benefit is the dedicated handholding support provided for the development of blockchain-based use cases.
The Centre of Excellence also facilitates connections to potential funding avenues and corporate engagement opportunities. These connections are forged through the broader IIML EIC ecosystem, as well as through its partners, Microsoft and the Kerala Blockchain Academy network. While the program does not provide a direct grant cheque, it offers crucial access to capital through these established partner and ecosystem channels.
About the provider
UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE is offered by IIM Lucknow Enterprise Incubation Centre, an academic institution. It is delivered directly by IIM Lucknow Enterprise Incubation Centre as a equity. You can verify current details and timelines on the provider's official website before applying.
Documents you’ll need
Before you apply to UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE, keep these documents ready — note the program-specific requirements at the top:
- DPIIT (Startup India) recognition certificate — mandatory for this program
- Certificate of incorporation showing your startup is registered as private limited and llp
- 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.
Who this is best for
UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE is best suited for product and revenue-stage gaming media web3 startups in India seeking an equity investment. Because DPIIT recognition is mandatory, it is aimed at startups already registered under Startup India. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
What is the UDBHAV 3.0 Blockchain Incubation program?
UDBHAV 3.0 is a six-month, no-cost incubation program for blockchain startups, run by the IIM Lucknow Enterprise Incubation Centre (IIML EIC)'s Centre of Excellence in Blockchain Technology. It aims to help startups build, validate, and scale blockchain-based solutions.
Is there any cost for startups to participate in UDBHAV 3.0?
No, the six-month incubation program is offered completely free of charge to selected startups, as it is fully subsidised.
Alternatives to UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE
Not sure UDBHAV 3.0 Blockchain Incubation , IIML EIC CoE is the right fit, or already applied? These are other equity open to Indian startups that founders shortlist alongside it.
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