Any Indian company incorporated under the Companies Act 1956/2013, primarily a Micro, Small and Medium Enterprises (MSME) as defined in the MSMED Act, 2006
Any company registered as a Start-up, as defined, and recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India
The majority stake (more than 51%) of the applicant entity must be held in India
The applicant should have developed a working prototype of the proposed solution relevant to the challenge area under ANIC
