Navrachna Foundation for Entrepreneurship Development
NewGenIDEC Programme
About the Programme
The New Generation Innovation and Entrepreneurship Development Centre (NewGen IEDC) is an initiative by the Department of Science & Technology (DST), Government of India, implemented through EDII, Ahmedabad. It aims to promote innovation and entrepreneurship among science and technology students by supporting the development of innovative, commercially viable projects.
Established within academic institutions, NewGen IEDCs provide mentorship, guidance, and resources to help students transform ideas into startups. The centres also work to build a strong entrepreneurial culture in the Host Institution, encouraging students to become job creators rather than job seekers.
Objective of Newgen IEDC
- To harness the knowledge and energy of youth, encouraging them to actively contribute to the nation’s economic growth.
- To foster the development of innovation-led, knowledge-based enterprises and promote self-employment, especially among students.
- To nurture a culture of entrepreneurship driven by innovation and creativity.
- To establish an institutional support system that offers comprehensive guidance, resources, and information for aspiring S&T entrepreneurs.
Call for Application
Supported by: Department of Science & Technology, Government of India, through NewGen Innovation & Entrepreneurship Development Centre (IEDC)
Objective
To empower student-led innovation by providing financial support of up to Rs.2.5 lakh per project for Proof-of-Concept (PoC) or prototype development, while also fostering entrepreneurship through mentorship, capacity building, and commercialization pathways.
Available Support Prototype Grant (Up to Rs.2.5 lakh per project)
Rs.25,000—Mentor Support
Rs.25,000—Company Registration Support for Mentee (stipend to be used for forming a legal entity)
Rs.200,000—Materials, Fabrication, prototyping
Mentoring & Incubation
Access to workshops, mentorship, and startup advisory under our entrepreneurship ecosystem.
Additional Funding Opportunities
Top-performing teams may qualify for:
- Follow-on grants in the upcoming MSME Hackathons chapter
- Incentives under StartinUP initiative
Evaluation & Selection Process
Initial Shortlisting: Based on innovation, feasibility, and social/commercial potential
- Final Pitch: Presentation In front of expert panel (Incubation team + industry mentors)
- Grant Approved: Once the project gets technical approval and the budget is verified.
Eligibility Criteria
- The proposed project should belong to the domain of science, engineering, technology, or allied fields.
- The project must be either hardware-based or a hardware-software integrated solution.
- This grant is applicable only to those startups or students who have not received funding exceeding ₹2.5 lakhs from any government or private sector organization for their idea.
- A maximum of 4 team members is allowed per project, with at least one member being a student of I.T.S Engineering College, Greater Noida.
Important Notes for All Selected Ideas
1.Each selected idea must include one mentor and one mentee from I.T.S Engineering College.
2. Mentees are required to register their company using the company registration support provided under the project.
3. If the mentee’s company is already registered, valid bills/invoices related to the company formation must be submitted.
4. Upon verification of documents, a reimbursement of up to ₹25,000 will be provided.
5. The prototype must be completed within 6 months after receiving the required materials.
6. A short delay may be accommodated, but only after committee approval.
7. Any machinery or non-consumable item purchased under the project must be duly submitted at the time of final project submission.
8. Monthly progress reports must be submitted in the prescribed format.
Application Timeline
Submission Deadline: 10 Aug 2025
Post-Grant Requirements
- Final working prototype submission & demonstration.
- Next Stage of Project/Commercialization planning.
Be ready with your presentation in the given format. It will be held the next day after the last date, and the schedule will be emailed to you.
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