IGNITE - Fueling DeepTech Innovation for Impact

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 grant up to ₹30 Lakhs per startup
• Flexibility across R&D, prototyping, compliance, and pilots
• Workshops on product design, market entry, and fundraising
• Mentorship from IIT Delhi faculty and industry leaders
• Investor Connect Series with VCs & angels
• Media 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+