What is the motivation behind this programme?
Start-ups are recognized as disruptive forces that have redefined industries. It’s time to apply this force in rural India. It can boost the rural sector through revenue, sustainable solutions, job opportunities, and more. Over time, we strive to empower the rural sector to lead this evolution too.
Can only Rural Start-ups apply?
No. While fundamentally the program’s prime focus is rural, urban startups are also encouraged to apply
What are the other perks of this programme for entrepreneurs?
The partners in this programme bring unique assets to the table. ICICI Foundation has a vast network of partner institutions, development professionals and on-ground partners. This form of support can be irreplaceable for grassroots start-ups.
Can an applicant apply for this while being considered by other incubation programmes?
Yes, however but, if selected by IINPACT, you must choose to participate either in IINPACT or in another incubation programme.
What is the duration of the programme?
The incubation process lasts for twelve to eighteen months. However, you can expect to receive support as an alumnus too.
Does the applicant have to be a full-time entrepreneur/business person?
Yes. Full-time dedication to the start-up and solution is non-negotiable.
Can an applicant apply for two or more ideas, products or businesses?
Yes. You can. But, each idea, product or service should be unique. If a specific application is selected, you will have to make it the sole focus of your business.
Are there any costs involved in the programme?
No. Incubatees will neither have to pay to join the programme nor for support, services, or advice.
What happens after the conclusion of the programme?
The incubatee will receive a certificate during the convocation ceremony and may get a fundraising opportunity for the journey ahead. Additionally, IINPACT will continue to support as per your requirements and mutual alignment of interest.
