Welcome to NRL Startup

Start-Ups are the engines of exponential growth, manifesting the power of innovation. Startup India is a flagship initiative of the Government of India, intended to build the eco-system for nurturing Startups in India. NRL has taken up a mission based on this Government vision to energize this Start up revolution in India, primarily from NE region, by providing Incubation, Nurturing and fostering to worthy Ideas.

About the Scheme

NRL Ideation 2017 is an event NRL intends to launch as a part of its start up initiative. NRL has earmarked a rolling fund to invest in selected start ups,that have the potential to grow in future. NRL will continue to invest in those ventures that turn out to be successful and use them as an arm for NRL’s own growth in unrelated business. Ideation is the event proposed for selection of the start-ups in this year 2017.

FAQ

The application can be submitted by all citizens of India, including NRIs who are willing to work in India and undertake projects promising innovative technologies/solutions.

The application form is available online on www.ideation.nrl.co.in. Applicants are required to register, fill and submit the online form.One aplication number will be sent to applicant's registered mobile as well as e-mail id.

Application form will be available on line for limited period only. During these period , applicant has to enter details about their idea(s).Application opening time will be announced through different media like news paper , TV or through other media.

There is no limit to the number of projects to be submitted by an applicant. However, only one proposal may be qualified under the scheme, if it is found to be selected as per the selection process.

Under the NRL StartUp program, NRL shall provide for the selected proposals / projects mentoring / advisory support. Specific assistance for testing, incubation etc. can be provided on need basis and will be a part of internal review, evaluation and monitoring process of NRL for the selected Idea(s).

Proposals which have already received funding support from other sources - Government, PSUs, Other bodies etc. will not be considered for funding support.

Yes, an agreement has to be signed with NRL for carrying out the proposal / project, in the event it is selected by NRL for funding.

NRL StartUp portal is for the General public. This portal provides the information about the NRL's StartUp fund scheme . In the portal, there is a link as "CONTACT US" through which Queries can be posted . Based on the nature of queries, the FAQ section will also be updated on periodic basis.

The duration of the first category of idea i.e. Seed Funding incubation project - is expected to be completed within 3 to 6 months. However, each proposal will be evaluated and a reasonable time frame will be assessed based on the scope and complexity of the project.



Type of proposals

NRL will keep its focus on different type of proposals in line with its mission

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Eligibility Criteria

• Indian citizens
• Non-Resident Indians (NRIs)

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Selection Process

For the year 2017, startup ideas will be selected from a competition..

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General Guidelines

•  Applicants may be individuals or teams.

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Target domain of the fund

NRL will look for promising business ideas that has potential to grow and mature
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Application form

Click here to open Application form
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Administration of the Fund

A Startup Fund of Rs. 10 crores will entirely be utilized for incubation of startup ideas including organizing an annual competition for...
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About NRL

Numaligarh Refinery Limited (NRL), a subsidiary of M/s Bharat Petroleum Corporation Limited, is a Public Sector Undertaking (PSU)...
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