Awards

Each ANIC winner is eligible for a funding of up to
INR 1 crore

Funding of INR 1 crore comprises of 2 parts:

• Grant-in-Aid
  • up to INR 80 lakhs
  • non-returnable grant
• Equity Investment
  • up to INR 20 lakhs
  • 2% equity in the start-up to be held by the government