Startup India Recommendation

Everything you need to know about our Programs

Application for Startup India Recommendation

IIIT-H Foundation is one of the incubators authorised by the Department of Industrial Policy & Promotion, Govt. of India, to “Recommend” a startup for availing the benefits under Startup India Action Plan

Definition of a Startup

An entity shall be considered a “Startup” if it satisfies the following conditions:
It should be a Private Limited Company (including a One Person Company) or Registered Partnership Firm or Limited Liability Partnership and should further satisfy the following criteria:
  • Should not be more than 5 years from the date of its incorporation/ registration, and
  • If its turnover for any of the financial years has not exceeded INR 25 crore, and
  • It is working towards innovation, development, deployment or commercialisation of new products, processes or services driven by technology or intellectual property.
  • Additional criteria:
  • The entity should not have been formed by splitting up or reconstruction of a business already in existence or created as subsidiary of an existing company or foreign entities.
  • A proprietorship or a public limited company is not eligible as startup.

Fee Structure

Startups applying for recommendation will need to pay a non refundable assessment fee as mentioned below.
  • Startup in AI &
  • Robotics and
  • AR/VR space
INR5,000 Application fee
  • Startup currently
  • incubated at
  • IIIT-H
  • Foundation
INR5,000 Issuance fee
  • Other Research and
  • Technology
  • based startups
INR10,000 Application fee

How to pay

Send the Fee to the below mentioned account through IMPS/ NEFT/ RTGS (any method). Startups will be required to fill in the transaction details in the application form.

Bank Details:

A/C: 50200014499050
Name: Banyan Intellectual Initiatives
IFSC: HDFC0000968

Applications will be processed within 3 weeks of receiving the completed application form and the stipulated assessment fee.

Mail your queries to startupindia@iiith.org