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Organisation Name:

Alberta Foundation for the Arts (AFA)

Grant Amount:₹1 crore

Application Deadline:

June 15, 2026

About Organisation

The Laboratory for Innovation, Venturing and Entrepreneurship (LIVE) at IIM Kozhikode is a leading business incubator established in 2016 with the support of the Department of Science and Technology, Government of India. It aims to foster innovation, entrepreneurship, and startup growth across sectors. LIVE functions as a national platform to transform innovative ideas into scalable and impactful business ventures. By offering incubation, mentorship, and strategic support, the organization plays a vital role in strengthening India’s startup ecosystem, particularly in emerging sectors like maritime innovation and technology-driven enterprises.

About the Grant

The Ushus Program is a maritime startup seed grant initiative led by Cochin Shipyard Limited (CSL) in collaboration with IIM Kozhikode LIVE. It is designed to strengthen India’s maritime startup ecosystem by offering financial, technical, and business support. This maritime startup seed grant in India provides funding, mentorship, incubation, and market access to startups. The program aligns with national initiatives promoting innovation and entrepreneurship in maritime sectors. Selected startups receive grants, pilot funding, and equity investment opportunities, enabling them to scale their solutions and address industry challenges effectively.

Who can Apply?

Eligible applicants for this maritime startup seed grant India must be DPIIT-recognized startups with innovative solutions in the maritime sector. Applicants should have a viable business idea with strong commercialization and scalability potential. Startups must integrate technology into their product, service, or business model. Additionally, at least 51% shareholding must be held by Indian promoters, in compliance with regulatory norms. The solution should align with specified maritime focus areas. This opportunity is ideal for tech-driven startups in India aiming to innovate and grow within the maritime industry.

How to Apply?

Interested startups can apply for the maritime startup seed grant India by submitting their application through the designated process before the deadline. Applicants should prepare detailed information about their business idea, technology, and market potential. Ensure that all eligibility criteria are met, including DPIIT recognition and shareholding requirements. Shortlisted candidates may be invited for further evaluation, presentations, or discussions as part of the selection process conducted by IIM Kozhikode LIVE and CSL.

Application Deadline

The final date to apply for this maritime startup seed grant India is June 15, 2026. Late submissions will not be considered, so applicants should complete the process well in advance.

Last Date To Apply
June 15, 2026

For more information, please visit the grant website here.