Venture Center
This grant program, supported by BRBNMPL's CSR, offers up to ₹5 Lakh to entrepreneurs and startups developing science-based innovations for sustainability, focusing on proof-of-concept and prototype development within a 6-month incubation period.
The BRBNMPL-Venture Center CSR Collaboration Grant is a unique initiative designed to empower entrepreneurs and startups at the forefront of science-based innovations with significant social impact. Supported by Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) through its Corporate Social Responsibility activities, this program provides crucial funding and comprehensive incubation support from Venture Center.
The primary objective is to foster technology incubation and support technology entrepreneurs associated with Venture Center, an incubator recognized by the Central Government (DST-NSTEDB and DBT – BIRAC). The program specifically promotes the development and application of modern and advanced technologies to address pressing socio-economic challenges, particularly within the sustainability domain.
This grant program is structured to validate technology and products by supporting essential stages such as prototype development, pilot studies, and field trials. It also aids in exploring potential markets, assessing the commercial viability of specific applications, and ultimately attracting investor interest for the startup company or potential licensors for the technology. Beyond financial support, the program emphasizes building a robust ecosystem, including a strong network of peers, mentors, investors, and other service partners, crucial for the sustained growth of the participating entrepreneurs. The program's duration is set for 6 months, ensuring focused and accelerated development for selected projects.
Closed