Catalyst, dtVL Startup Loan (via Down Town Venture Labs)
Offered by Down Town Venture Labs
Overview
Catalyst is an initiative of Down Town Venture Labs Foundation (dtVL), the incubator of Assam down town University, aimed at empowering early-stage startups by providing financial assistance in the form of an interest-free loan of up to Rs. 2,00,000. No interest is charged on the loan, and full repayment is due on or before 365 days from the date of disbursal.
Eligibility
- Startup must be at one of three stages: Early Revenue Stage, MVP Stage, or Pilot Launch Phase
- At least 51 percent of founder ownership must be held by Indian citizens
- Startup must be a registered legal entity
Funding Purpose
The loan is meant to cover operational costs associated with scaling up, marketing and customer acquisition, product development and prototyping, and procurement of equipment and technology. Personal expenses are explicitly prohibited.
Application Process
Applicants submit an online form requiring a comprehensive business plan with financial projections, along with proof of traction, revenue, or an MVP. An expert panel reviews submissions, shortlisted applicants present their plans, and final approvals follow the panel's recommendations.
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.