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MCL Seed Fund (via FTBI, NIT Rourkela)

Offered by FTBI, NIT Rourkela

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Overview

CSR-funded seed capital from Mahanadi Coalfields Limited for innovative startups incubated at FTBI, NIT Rourkela, particularly those with longer development timelines and social-impact potential.

Eligibility

  • Must be incubated at FTBI NIT Rourkela with a signed incubation agreement
  • Company registered under the Companies Act 2013
  • Focus on innovative technologies with high development timelines and social-impact potential

Funding Purpose

Supports innovative or long-gestation technologies with community benefit.

Application Process

Complete and submit the application proforma available on FTBI's site, including audited financials, a detailed business plan, funding history, and 3-year financial projections.

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How to Apply

  1. 1Click "Apply Now" above and submit your application directly on the official page.
  2. 2The offering organisation screens applications against its own eligibility criteria.
  3. 3Shortlisted applicants may be invited to a pitch or interview round.
  4. 4The final decision rests solely with the offering organisation.
  5. 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.