Sustainability Incubation Program
Fostering ventures that spearhead innovative solutions to combat climate change and address various sustainability challenges
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.
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
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
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
Bruno Gutierres
Director of Open Innovation, ALSTOM
Jasvinder Singh
Director - Bids Management (Rail Controls), ALSTOM
Krishna A
Executive Coach, Social Volunteer, Consultant
Lucien Grant Peters
Innovation Champion and Venture Coach, ALSTOM
Sri Krishna
Consultant, Ex - Senior Vice President, Bosch
Umesh Nagarajaiah
Leadership Coach, Ex - Managing Director, Bosch Chassis Systems
Yesudhas Devadhason
Component Development Director, ALSTOM
Muralidharan Sridharan
Chairman, Mobility Aftermarket
Hear from our ventures
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 sustainabilityincubationprogram@iimb.ac.in
Program Partner
Ecosystem Partner
