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Updated On:01/12/2023
Start Up


The Government of India recognises the importance of startups in driving innovation and economic growth. Various ministries and departments have introduced various schemes to provide financial, infrastructural, and regulatory support to startups occasionally. To support this mission, Oil India Limited under its SNEH initiative has signed an MoU with IIM Lucknow Enterprise Incubation Center [IIML EIC] and has launched an exclusive program for Startups named “Corporate VC Startup Engagement Program [CSEP]”. The program is open for Startups across various sectors and stages having a strong integration of technology and innovation at its core.

Startups, under this 24-month long Incubation program will be offered the most comprehensive support from OIL India and IIML EIC in the areas of Idea Conceptualization and Validation, Product Development, Mentorship and capacity Building, GTM Strategy and exploring Product Market Fit, Corporate Industry Connect, Legal & IPR Support, Fund Raising Support, Global Launch Support, Marketing Strategy Support, Market Access to Related Area Startups, Access to Industry Experts from the Senior Management of Oil India Limited pool and Funding Support In the Form of Equity Investments / Grant.

To be a part of the program the Startup should be a registered entity in India holding a DPIIT Number and recognised under the category of a Startup by Govt of India.

The last date to apply for the program is 30th November 2023. For more details about the program, important dates, eligibility criteria and offerings reach us at: https://eic.iimlincubator.com/oil-india-limited