SBI Foundation LEAP Innovators for Bharat: Innovation for Social Good Program (India)

SBI Foundation Leap Innovators for Bharat: Innovation for Social Good is a collaborative initiative between SBI Foundation, a CSR subsidiary of State Bank of India and IIT Kanpur to foster a robust incubation ecosystem.

The program focuses on nurturing and promoting early-stage and growth-stage impact-driven startup companies in the AgriTech, Healthcare, and CleanTech sectors to drive indigenous innovation and maximize the positive impact on society.

Focus Areas

• Agriculture and Agricultural Technologies (AgriTech):
  • Farm mechanization & automation
  • Post-harvest loss management
  • Soil & plant health
  • Food Security & Enhanced Nutrition
  • Farm input management
  • Transparency in agriculture
  • Farming as a service (FAAS)
  • Solutions for improving supply chain, storage and food processing
  • Agri-Entrepreneurship
• Clean and Green Technologies (CleanTech):
  • Waste Management
  • Circular Economy (Waste to Wealth)
  • Green & Renewable Energy
  • Water, Sanitation & Hygiene (WASH)
  • Pollution (air, water and soil) Mitigation
  • Climate change management
• Healthcare:
  • In-vitro diagnostics
  • Assistive technologies for the differently abled
  • Mental health management solutions
  • Nutrition

Funding Information

• Funding Support:
  • INR 8 lakhs for 24 Early-stage Startups
  • INR 12 lakhs for 6 Growth-stage startups
• Incubation Support:
  • Access to IIT Kanpur’s incubation facilities, infrastructure support, and technical expertise.
  • Networking opportunities with industry experts, government bodies, and potential partners.
• Mentorship: Tailored mentoring sessions to help startups refine their product, business model, and go-to-market strategy.
• Market Access: Assistance in scaling solutions through partnerships with PSUs, industries, and communities for socially impactful outcomes.
• Follow-on Funding: Opportunities to secure additional funding through investor connects, workshops and pitch sessions.

Eligibility Criteria

• Startups whose focus aligns with the program areas.
• Startups incorporated and based in India.
• Each startup must have at least one full-time employee.
• The product or technology provides a functionality/capability not available in any off-the-shelf product, or a functionality/capability that can be demonstrated to possess a competitive advantage.
• The product or technology offered by the startup represents original ideas, wholly owned, with freedom to use or is licensed by the startup.
• The team has formed, or is a part of, a recognized, legal entity as its company’s structure.
• Only Private Limited Companies with all compliances in place may apply.
• The incubation policy of the incubator at IIT Kanpur will apply to startups joining the cohort.

For more information, visit IIT Kanpur.