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GOVERNMENT GRANT SCHEME

Spark Grant

Kickstart Your Idea with Early-Stage Seed Capital

Designed for ideation and early-prototype stage founders, the Spark grant helps cover initial expenses like market research, MVP development, and patent filing.

Spark Grant
Scheme Details

Grant Overview & Importance

What it is: A micro-grant (typically offered by incubators or state startup policies) to convert an innovative idea into a tangible prototype.

Why it is important: It bridges the critical 'valley of death' funding gap before a startup is ready for angel investment.

Who qualifies: Student entrepreneurs, solo founders, and teams at the ideation stage.

What You Receive with Growthora

Incubator matching and application
Pitch deck creation for ideation stage
Market sizing and research validation
Mentorship on MVP development roadmap
Application for state startup seed funds

Application Documents

Government dossier compiled and validated by our team:

Founders' Profiles
Problem-Solution Pitch Deck
Basic Market Research Data
DIPP/Startup India Registration (if incorporated)
Letter of Recommendation (optional but helpful)

Grant Application & Approval Process

01

Incubator Selection

Identifying incubators running Spark/Seed grant cohorts.

02

Pitch Creation

Distilling the idea into a 10-slide pitch.

03

Application

Submitting the proposal online.

04

Screening Pitch

Presenting to the incubation committee.

05

Incubation

Getting selected for the incubation program.

06

Fund Release

Receiving the first tranche of the Spark grant.

Frequently Asked Questions

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Business Loan

Debt Funding

  • Up to ₹10 Crore
  • Fast Approval
  • Low Interest Rates

Government Grant

Non-Refundable

  • Non-Refundable Grant
  • Central & State Schemes
  • For Startup & MSME

Startup Funding

Equity / Seed

  • Seed Fund Support
  • Angel Investor Connect

Business Growth Support

Consulting

  • Expansion Planning
  • Digital Marketing
Growthora - The One Stop Growth Partner For Every Stage Of Business