MI
Marico Innovation Foundation

Indian Innovation Icons 2027

Offers Indian for-profit and non-profit innovators six months of mentorship from Marico's leadership, investor introductions and national visibility, with no cash prize and no equity taken.

Between cyclesMarico Innovation FoundationIndia

Applications run on a rolling basis and go through a two-step review: an initial screening on novelty, potential impact and clarity of the problem being solved, then a deeper evaluation of uniqueness, scalability, national or global impact potential, and the strength of the leadership team, which can include interviews and outside due diligence. About 10 innovators per cohort are selected by the G…

The program looks for high-impact Indian innovations, for-profit or not-for-profit, solving real-world problems with strong potential for national or global impact, across sectors like health, education, agriculture, climate, clean energy, financial inclusion and food security. Applicants can be at any stage from idea or prototype through to paying customers, and prior funding is not a barrier.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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