Sustainability Incubation Program

Fostering ventures that spearhead innovative solutions to combat climate change and address various sustainability challenges

Register Your Interest -
Sustainability Incubation Program at NSRCEL

*Note - This form is only for expressing interest in the program. The actual application form is the final step in the registration process.

NSRCEL, in partnership with ALSTOM, is helping entrepreneurs with business models that enable successful shifts to sustainability solutions. The Sustainability Incubation Program helps startups build viable technology, favorable policy environment, and scalable go-to-market and revenue models that cater to climate-centric solutions. 

 

Who is it for?

From better transit management to enhanced infrastructure and much more, We look to support business models addressing key problem areas across the space of sustainability with the following sectors in scope.

However, we are also keen on interacting with founders beyond the below scope, working on solutions that positively impact and improve the space of sustainability in India.

Sustainability sectors new

Impact so far

Hours of Individual Mentoring

Ventures Incubated

Sectors Focus on Climate

Mentors Engaged

Partners

Jobs Created

Annual Recurring Revenue

Grants Awarded

Funds Raised (in the last 2 years)

Eligibility Criteria

 

Should be in operation for less than 5 years

Should be Market Ready and ideally at a late traction stage

Tech-Enabled Climate-Centric Ventures

Revenue-Generating

Should be incorporated in India

What can you expect from the program?

Mentoring

You will have access to world-class mentors, IIM faculty, and industry stalwarts who will guide you at every step

Governance

Receive expert advice on building robust governance structures to ensure sustainable growth

Cohort-Based Learning

Cohort-Based Learning: Engage in a dynamic learning environment with peer startups, fostering shared knowledge and collaboration

Founder Mindset

Cultivate a resilient and growth-oriented mindset essential for entrepreneurial success

Build Product-Market Fit

Develop and validate your product-market fit with tailored support and resources

Networking and Connects

Tap into a vast network of professionals and industry leaders to accelerate your growth

Grant Support

Benefit from financial support to scale your innovative ideas into impactful solutions

How the Program Helps you

Applications are open!

Mentors

Hear from our ventures

Niharika

⇐ Founder & CEO (Volar Alta)

“NSRCEL gave me an exceptional incubation experience. The program not only provided access to top-notch mentors, but also connected me with a wide range of valuable resources and tools that were critical to the success of my startup. From business development support to marketing and branding strategies, NSRCEL offered a comprehensive ecosystem that catered to all of my needs as an entrepreneur.”

Abishek Hosangady

⇐ CTO (Evoride Motors Pvt. Ltd.)

“The program has been a great value addition for Evoride, from providing a framework to model our business plans and KPI’s to giving access to mentorship from key industry stakeholders and experts. The program has helped us focus key areas of importance and prioritise immediate steps and actions to be taken in our startup journey.”

Ankit Kherodiya

⇐ Founder (RevX Energy)

“The Sustainability Incubation Program was a critical stepping stone in RevX’s growth journey. The program structure was very well defined and outstandingly well executed. The program team’s feedback and need analysis was crucial in optimising our GTM Strategy. We also benefited from a number of valuable industry connects.”

Nipun N Pise

⇐ Founder (Flextron)

“The program has provided us with industry connects, mentorship and access to guidance from business leaders. A highlight for us has been the Micelio connect, which gavce us access to Micelio Labs for our testing. Apart from this, the mentorship offered on refining our business model has been of immense value to us. These are mere examples of the numerous benefits and valuable opportunities that NSRCEL and the Program has afforded us.”

Frequently Asked Questions

Who is eligible to apply?

Entrepreneurs with a validated, market-ready currently at a late traction stage, fulfilling the eligibility criteria listed above. However, if you are an entrepreneur with a revolutionary concept, we would like to have a conversation with you. 

Can a single founder apply to the program?

Yes. We accept applications from solo founders.

If I have applied in the past, can I apply again?

Sure, but to improve your chances of selection do highlight any additional information of your progress since your previous application.

When can I apply?

You can record your interest.

What stage should the startup be in to be eligible?

Startups demonstrating the potential to innovate, implement and create impact in the innovation areas listed in the ‘Who is it for?’ section.

What startups can expect from the program?

Through the program, we look to help startups build organizational capacity for sustainability and expansion, lead them toward market pathways for revenue and profitability, and sharpen their business models and value propositions through the program.

Selected startups can also access virtual workshops, one-on-one mentoring sessions, masterclasses designed from a sustainability/mobility lens, peer learning activities, and other networking sessions with our network of advisors and community of founders.

Will startups receive funding?

The best startups will receive grants as a part of an INR 1.5 Cr corpus fund

What is the fee structure?

The program is free of cost

Do I need to be present for the entire duration of the program?

We recommend that at least one of the founders attend the sessions and activities organized as part of pre-incubation and Incubation, to benefit from the sessions and workshops designed specifically for the program.

How long is the program for?

Startups participating in the program will go approximately through a 6-month engagement which might vary based on the stage of the venture, progression, and need assessment.

How much equity does NSRCEL take from my startup?

We do not take any equity from the ventures that are a part of this program.

What should I do if my question isn't answered here?

You can reach out to us at [email protected]

 Program Partner

Ecosystem Partner