General Guidelines

Important information for applicants

  1. Balmer Lawrie & Co. Ltd. has collaborated with IIM Calcutta Innovation Park (IIM-CIP) for the National Level Startup Hunt Program. IIM-CIP shall receive all applications on behalf of Balmer Lawrie & Co. Ltd. and a dedicated webpage has been hosted by IIM-CIP for receiving online application from startups. Alternately, start-ups applying through the website would be redirected to the IIM-CIP once they click the 'Apply Now' button.
  2. Eligible applicants should fill in the online application form available in the 'Apply Now' section.
  3. The duration of the support is 1-3 years. However, the reasonability of the time frame would be judged based on scope and complexity of the project.
  4. An entity can submit more than one proposal having unique scope, but only one may be selected based on evaluation.
  5. Start-ups presently being incubated by institutes approved by the Central Government for such incubation, are also eligible to participate and if selected must submit a no-objection certificate from the concerned incubating institute.
  6. An applicant, who has applied for similar schemes of any CPSE elsewhere and gets selected, should immediately intimate Balmer Lawrie & Co. Ltd. about such selection as multiple sourcing of fund under the similar scheme is not allowed.
  7. Bought out technologies would not be entertained.
  8. Upon successful innovation and test marketing, the production / required infrastructure should be set up within India.
  9. The startup fund is aimed at fostering entrepreneurship and promoting innovation by creating a healthy ecosystem for the startups to prosper and grow, and it should not in any way be considered as a Research Fellowship for supporting research of Ph.D. students or any other such academic research.
  10. Last Date for receipt of online application is April 15, 2021. Soft copy of the Qualification Credential, Innovation Idea, Proof of Concept, Feasibility Report, Profile of Individuals / Team Members and documents in support of the eligibility should be furnished as and when required.
Last updated on : 01/04/2021
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