INVENT

INVENT, an acronym for Innovative Ventures and Technologies for Development, is a joint initiative of the Technology Development Board (TDB), Government of India , Department for International Development (DFID), Government of the United Kingdom and Villgro Foundation as the monitoring agency for the implementation of the program. INVENT aims to make a positive social impact by providing incubation support to technology-oriented start-ups whose offerings benefit the Bottom of Pyramid of the society.

 The INVENT addresses challenges and barriers across inclusive innovation lifecycle, for the benefit of up to 1 million poor people at the bottom of the economic pyramid. The incubation support is aimed at creating a viable pipeline for impact investments in 8 low income states of India (Uttar Pradesh, Madhya Pradesh, Bihar, Chhattisgarh, Jharkhand, Rajasthan, Orissa and West Bengal).

Who can apply

  • Any start-up which has a plan to reach out markets of at least one of the 8 low income states viz. Uttar Pradesh, Madhya Pradesh, Bihar, Chhattisgarh, Jharkhand, Rajasthan, Orissa and West Bengal.
  • Market Ready Stage or already have some customer traction.
  • Incorporated as a private limited company (LLP/partnership firms are not eligible).
1. Any start-up which has a plan to reach out markets of at least one of the 8 low income states viz. Uttar Pradesh, Madhya Pradesh, Bihar, Chhattisgarh, Jharkhand, Rajasthan, Orissa and West Bengal.
2. Market Ready Stage or already have some customer traction.
3. Incorporated as a private limited company (LLP/partnership firms are not eligible).

Program Partners :

Startups Supported:

38

Funding support:

8

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