Zero Equity Incubation Program — Frequently Asked Questions
Answers to the questions founders most often ask about Zero Equity Incubation Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the Zero Equity Incubation Program?
This program, offered by the MeitY-nasscom Center of Excellence, is an incubation initiative designed to support Indian startups in emerging technologies. It provides extensive non-monetary resources and mentorship without taking any equity from the participating companies.
Does this program provide direct cash funding to startups?
No, the Zero Equity Incubation Program does not offer direct cash grants. Its focus is on providing infrastructure, mentorship, market access, and other non-monetary support.
Does the program take equity from participating startups?
No, this is a Zero Equity Incubation Program, meaning that the program does not take any equity or ownership stake from the startups that are selected to participate.
Who is eligible to apply for the Zero Equity Incubation Program?
The program is open to Indian startups across idea, product, and revenue stages. Eligible startups must be working in emerging technologies such as IoT, AI, ML, quantum computing, biotechnology, healthtech, robotics, dronetechnology, Generative AI (GenAI), and Large Language Models (LLM).
What types of emerging technologies are specifically supported?
The program specifically supports innovations in IoT, automation, Artificial Intelligence (AI), Machine Learning (ML), quantum computing, biotechnology, healthtech, robotics, dronetechnology, Generative AI (GenAI), and Large Language Models (LLM).
Are there any specific benefits for female founders?
Yes, female founders are eligible for an additional rental subsidy for their incubation seats, which aims to encourage and support women's entrepreneurship in the technology sector.
What kind of resources and support can a startup expect to receive?
Participants receive subsidized co-working space, access to a prototyping lab, shared GPU access, cloud credits, strategic market access opportunities with enterprises and government bodies, tailored mentorship from experts, and connections to investors through networking events.
What is the application deadline for this program?
The application process for the Zero Equity Incubation Program operates on a rolling basis, meaning applications are accepted continuously and are always open.
How can I apply for the Zero Equity Incubation Program?
Interested startups can apply by submitting a detailed online application. The process typically involves an initial screening followed by interviews for shortlisted candidates.
Is DPIIT recognition required for Zero Equity Incubation Program?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Zero Equity Incubation Program, though having it can strengthen your application and unlock other benefits.
Who offers Zero Equity Incubation Program?
Zero Equity Incubation Program is offered by Ministry of Electronics and Information Technology (MeitY), a government body. It is provided as non-dilutive funding.