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IGNITE - Fueling DeepTech Innovation for Impact
Incubator & Accelerator
Grant
About
IGNITE is a strategic initiative by IDFC FIRST Bank and FITT, IIT Delhi, designed to support startups in deep-tech and clean-tech sectors, offering financial grants, mentorship, and resources to drive impactful innovations in sustainability and social good, with applications open until November 5, 2025.
Benefits
- 💰Non-Dilutive GrantNon-dilutive grant up to ₹30 Lakhs per startup
- 🛠️ Flexibility Across R&D, Prototyping, Compliance, and PilotsFlexibility across R&D, prototyping, compliance, and pilots
- 🎓Workshops on Product Design, Market Entry, and FundraisingWorkshops on product design, market entry, and fundraising
- 🎓Mentorship from IIT Delhi Faculty and Industry LeadersMentorship from IIT Delhi faculty and industry leaders
- 🤝Investor Connect Series with VCs & AngelsInvestor Connect Series with VCs & angels
- 🎤Media Visibility and Certificate from FITT & IDFC FIRST BankMedia visibility and certificate from FITT & IDFC FIRST Bank
Eligibility Criteria
- Registered with DPIIT
- For-profit entity (Pvt. Ltd./LLP/OPC), under 7 years old
- Product with social impact aligned to ESG goals
- Clear roadmap for commercialization & scale
- No defaults or blacklisting by any agency
- Works in Sustainability, Green Tech, Climate Action, or AI for Social Good
- Technology Readiness Level 6+
Target Sector
Sustainability, Climate, Green Tech, AI for Social Good, Deep Tech
Target Location
India
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IDFC FIRST Bank, FITT, IIT Delhi