SIDBI Innovation Challenge Fund (SICF) 2026

About

The SIDBI Innovation Challenge Fund (SICF) offers funding and support for startups and enterprises that develop innovative solutions addressing socio-economic challenges in India, with a focus on scalability and alignment with Sustainable Development Goals.

Benefits

• 💰Funding
  Up to ₹2 Crore for implementation
• 🌍Support for sustainable enterprise creation
  Support for sustainable enterprise creation
• 🚀Access to market linkage and credit connect
  Access to market linkage and credit connect
• 🤝Capacity building and expert support
  Capacity building and expert support

Eligibility Criteria

• Startups and enterprises focused on innovative solutions
• Projects aligned with Sustainable Development Goals
• Must address socio-economic challenges
• Must be scalable and impactful

Participation Commitments

• Project implementation commitment
• Alignment with development agendas
• Engagement in capacity building activities

Target Region

India

Target Sector

Technology and innovation for socio-economic development