Does my application need to be in English?


Can I submit more than one application per round? If yes, do these have to be for different sectors?

Yes, you can submit more than one application per round. If the applications are for projects in the same sector, they should reflect two distinct projects.

What if my project does not fall under any of the three stages designated as MA stages?

Please select the stage that you feel is the closest fit. If the Evaluation Committee determines that your application fits better in another category, they will consider your proposal for that other type of award. You may email us with queries.

My organization is based out of India. Am I still eligible for an MA award?

Yes. However, the project must have been developed/tested/implemented in India.

Can NRIs or foreign citizens resident in India apply?

Yes. However, the project should have been developed/tested/implemented in India.

How does MA define an innovation?

MA takes a broad approach to defining innovation. Both new products and improvements to existing services or business models qualify. If you have any doubts about whether your product or service is innovative enough for MA, please do not hesitate to get in touch before applying.

How and when will I be notified about the status of my application?

MA will post the results of the shortlisted projects on our website and email those shortlisted applicants to request them to participate in the pitching session in Delhi. Once the final award decisions are made, MA will again post the final awardees on our website and email the selected awardees.

How many awards will be given per round?

MA partners determine the number of awards given each round based on the quality of applications received and their alignment with MA’s priorities. In R4 MA expects to make at least 30 awards across all sectors.

How is the amount of funding determined?

Funding for Stage 1 grants is fixed at Rs. 30 lakhs, where 10 lakhs are designated for capacity building. Stage 2 grants may be awarded up to Rs 1 crore. The amount of funding will be determined by the needs of the project and based on the input of the Evaluation Committee and Due Diligence experts. Funding for South-South projects are determined on a project-by-project basis, also based on the the needs of the project and based on the input of the Evaluation Committee and Due Diligence experts.

How is the funding disbursed to the awardees?

The MA grant is disbursed in three tranches. The first tranche (45%) is released at the start of the project period; the second tranche (45%) is released based on mid-project milestones; the third tranche (10%) is released upon completion of the project. The grant money released through these three tranches does not include Rs. 10 lakhs earmarked for capacity building. The capacity building fund of Rs. 10 Lakhs will be retained by FICCI and will be subsequently utilized/ released on need basis.

What is the nature of the relationship between MA program administrators and awardees?

FICCI assigns an ‘innovation manager’ to each awardee. The role of the innovation manager is to collect and review the quarterly reports submitted by the awardee, to monitor the progress of the project and release the tranche disbursements accordingly, and to make connects between awardees and a range of potential project partners or funders. FICCI will periodically invite awardees to participate in innovation expositions and showcases. Awardees may get in touch with their innovation manager with challenges or other requests for assistance.

What support services are accessible to awardees?

MA supports awardees through a capacity building program, which includes workshops hosted by FICCI and other MA partners, as well as access to mentors, networks, and investment opportunities. The MA grant includes a 10 lakh award which is designated for capacity building. This funding may be allocated towards staff/leadership training and access to advisory or incubation services.

  1. Local private and non-governmental entities (must be registered in India) They can be :
    • Partnerships under the Indian Partnership Act, 1932
    • Sole proprietorships
    • Limited Liability Partnerships (LLPs)
    • Family Owned Businesses/ HUFs
    • Companies registered under the Companies Act, 1956
  2. For profit educational institutions
  3. Non-profit educational institutions
    • Partnerships under the Indian Partnership Act, 1932
    • Sole proprietorships
    • Limited Liability Partnerships (LLPs)
    • Family Owned Businesses/ HUFs
    • Companies registered under the Companies Act, 1956
  4. Private Individual(s)
    • Private Individual(s) must
    • Be legal residents of India
    • Be 18 years of age or older
    • Have lived in India for the full calendar year leading up to the submission of their application
    • Currently live in India at the time of submitting their application
  5. Consortia of the above
  6. Proposals involving assistance for the following purposes will not be eligible for MA awards
    • Military, law enforcement, security forces, or prison-related purposes
    • Assistance or support for terrorists or terrorist organizations
    • Support for the performance of abortions as a method of family planning or to motivate or coerce any person to practice abortions; lobbying for or against abortion
    • Involuntary sterilizations or any family planning activity involving coercion, including use of incentive payments for family planning users or pre-determined targets or quotas for service providers
    • Promotion of the sale or export of tobacco
    • Activities that contribute to violation of international workers’ rights; or activities that would induce U.S. firms to relocate in a manner likely to reduce the number of U.S. jobs
    • Support for commodity exports, including agricultural exports, if the commodity is likely to be in surplus on world markets and substantial injury will be caused to U.S. producers of the same, similar, or competing commodities
    • Tropical forest degradation
    • Publicity, propaganda or lobbying in the U.S. and
    • Activities with environmental impact that cannot be adequately mitigated