AIC-JITF Equity Debt Support
Offered by AIC Jyothy Institute of Technology
Overview
AIC-JITF (Atal Incubation Centre at Jyothy Institute of Technology) is an incubation centre operating under NITI Aayog guidelines that offers multiple funding mechanisms to its incubated startups, one of which is an equity debt facility. This instrument is intended for startups at later stages of growth that require capital beyond initial incubation support.
Funding Purpose
Equity debt of up to 25 lakhs is available as per the guidelines of NITI Aayog, intended for later-stage growth capital rather than initial idea or prototype development.
Application Process
The site describes a pre-incubation to incubation to implementation pipeline with an online application for incubation; no further steps are detailed.
How to Apply
- 1Click "Apply Now" above and submit your application directly on the official page.
- 2The offering organisation screens applications against its own eligibility criteria.
- 3Shortlisted applicants may be invited to a pitch or interview round.
- 4The final decision rests solely with the offering organisation.
- 5There is no guarantee of funding at any stage.
Before You Apply
- ZeedFund is an independent tracker, not the offering organisation or a funding body.
- Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
- Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.