About the NRL Startup Funding Program

In line with the action plan of ‘Startup India’ - Govt. of India’s flagship programme, Numaligarh Refinery Limited (NRL) in 2017, launched an initiative called ‘NRL iDEATION’ with a mission to provide a robust platform for the startup eco-system in the NE region, by providing incubation, mentoring & funding to ideas based on ‘Original Thinking’.

Objectives

To boost the startup ecosystem in the region and foster an entrepreneurial culture leveraging on innovation.
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Strategic Alignment

NRL will keep its focus on the North East region in line with its mission and vision, i.e. to give an impetus to the industrial development in the region.
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What have we achieved in last 5 years

Fund Disbursed INR 5.85 cr
400+ Cr

Total Valuation

37

Amazing Startups

50* + Cr p.a

Combined Annual Revenue

1000* +

Direct employment generated

Data as on June,2022

Why You Should Apply

Passion & Enthusiasm

You're excited about your startup idea and want to bring the MVP or the business plan into action.

Funding

You can get a grant or an equity funding from NRL iDEATION for your BPlan.

NRL iDEATION Community

You have the opportunity to join the fastest growing startup eco-systemin NER supported by NRL.

Brand Building

You are bullish on the future of your startup idea or the space in which your startup is operating and want to nuild a strong brand.

NRL Startup Funding Program Benefits

By joining the NRL iDEATION Startup Funding Program, you will have greater ability to solve the problem your startup is trying to solve and achieve higher growth

Grant Funding

Equity Funding

 
 
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NRL Supported Startup

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"With the support from NRL, we are able to scale our venture in new market. New doors and opportunities have opened for us and we are able to connect more dots in the market. We would like to thank NRL for their relentless effort, dedication and enthusiasm for nurturing startups in North East India."

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Rojen Leimapokpam, Founder
Picasoid Health Technology Pvt. Ltd.
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"Ideal program to support needs of Start Ups of the Region. Transparent Process and Qualitative Evaluation. Seasoned and supportive Team."

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Satyam Sarma, Founder
All Pro Auto Consultants Pvt. Ltd.
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"NRL Ideation is one of its kind platform to suport rntrepreneurs coming from northeastern states. For us it was a dream come true. Without NRL our project would have been just published in some research papers rather than an actual working device. The support and help we received from ideation team is unparalleled. Thank you."

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Parvez Salman, Co-founder
Vigitrics Pvt. Ltd.
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"Ideation has been incredibly valuable to our company. During COVID lockdown, ideation provided us with timely support to sail through the difficult times. With a "Yes, let's make it happen" attitude of the team, this program is successfully fostering an ecosystem that is needed in the Northeast."

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Achitra Borgohain
Founder Binbag
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"Ideation has been incredibly valuable to our company. During COVID lockdown, ideation provided us with timely support to sail through the difficult times. With a "Yes, let's make it happen" attitude of the team, this program is successfully fostering an ecosystem that is needed in the Northeast."

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Achitra Borgohain
Founder Binbag
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"Ideal program to support needs of Start Ups of the Region Transparent Process and Qualitative Evaluation. Seasoned and Supportive Team"

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Satyam Sarma, Founder
All Pro Auto Consultants Pvt. Ltd.
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"Ideation has been incredibly valuable to our company. During COVID lockdown, ideation provided us with timely support to sail through the difficult times. With a "Yes, let's make it happen" attitude of the team, this program is successfully fostering an ecosystem that is needed in the Northeast."

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Achitra Borgohain
Founder Binbag
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"NRL has helped with the grant and also mentoring me in various ways such as legal matters, vendors dealing etc. It has also given me exposure to numerous connections and let me exhibit my startup in National exhibition such as NERC 2022."

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Dr. Dipankar Kalita, Founder
Dr. Dipankar Laboratories Pvt. Ltd.
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"It's a wonderful initiative where startups get much needed initial support & thrust by a professional team that understands the dynamics & challenges involved in running a startup."

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Boudhyan Dutta, Co-founder
HIPnHOP
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"NRL ideation program is one of the best of its kind for Northeast India. Apart from the financial assistance the networking and mentorship they provide is so far best for us various workshop and seminars organised by NRL are priceless for a startup like us."

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Sunder Sharma, Founder
Hillsland Eduventure Private Limited
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"One of the best startup support platform in NE Region. NRL not only support financially also helping startup to launch and do projects inside their connected eco system and premises. Also, encourage startups to create impact for the region."

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Tridib Konwar, Co-founder
ParkingRhino Online Services Pvt. Ltd.
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"NRL Ideation is a unique and innovative scheme launched by Numaligarh Refinery Limited. aAHARAN has received incredible financial as well as professional support under this scheme. This is an extremely important scheme for helping new startups in the northeastern region."

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Amit Ghosh, Founder
AAHARAN EDUSMART PVT. LTD.
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"NRL iDEATION is a very focussed and supportive program enabling startups at the early stages of their journey. They effectively analyze, support and monitor startups in their journey for market roll out. Axom Farm Machinery is extremely thankful for the much needed support received from the platform."

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Swakshar Chakraborty, Co-founder
Axom Farm Machinery Pvt. Ltd.
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"It is highly appreciable especially of the fact that they are focusing on the underseved areas of the country, i.e. the north eastern states. It gives a chance for Startups like ours to avail initial funding in the form of grants which was earlier not common to find around here."

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Mandira Chetri, Co-founder
O2 Himalaya Pvt. Ltd.
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"It is a very good initiative to make people entrepreneurial. Through this program, lot of opportunities have been created among the young generation in the entire NE region to become self reliant. This program is providing us a platform to transform our research & development ideas (plasma technology) into a viable business model"

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Dr. Bornali Sarmah, Co-founder
DuraCoat Tech Pvt. Ltd.
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"NRL iDEATION has built a diverse portfolio of incubatees and this diversity is what is required in North-East-India."

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Surjya Borthakur, Founder
Deroi Innovations Pvt. Ltd.
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"NRL's iDEATION program is a real boost for the emerging start ups of North East India. Through this program many start up have been able to see multiply their grow rate. We were also a participant in ideation and we received an grant funding, through which we have also seen growth."

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Rupam Choudhury, Co-founder
Zerund Bricks
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"NRL's startup program is an amazing initiative. I shall recommend this competition to all those who are have any great idea and requiring handholding. NRL always find a way to get it done - and done well"

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Dr. Lipi Mahanta, Founder
Rognidaan Technologies Pvt. Ltd.
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"NRL's iDEATION startup grant has enabled us to conduct field trials of our product in a timely manner. The entire process from application, pitching, results to agreement signing and disbursal of funds is efficient and the personnel involved are helpful and approachable."

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Dr. Rituparna Buragohain, Co-founder
Oujja Biosolutions Pvt. Ltd.
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"By timely disbursement of funds and other providing other non-financial benefits the NRL iDEATION program has really helped early stage startups like us. We are grateful to NRL for taking this initiative."

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Upal Jyoti Baruah, Co-founder
Let's Learn Together
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"By timely disbursement of funds and other providing other non-financial benefits the NRL iDEATION program has really helped early stage startups like us. We are grateful to NRL for taking this initiative."

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Upal Jyoti Baruah, Co-founder
Let's Learn Together
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How NRL iDEATION Works?

APPLICATION Submission

Startups submit their business plan through online mode at www.nrlideation.co.in

Jury Round Selection

The proposals selected at the prelimiary screening are called to present their pitches in front of a Jury.

Disbursement of NRL
iDEATION Fund

The proposals selected by te Jury Committee are then either given rant or equity funding as the case may be.

Pre-Screening Selection

A primary screening is done by the NRL IDEATION Steering Committee members.

Agreement Signing

Once recomended for funding by the Jury Committee, selected startups are called for an Agreement signing ceremony at NRL Campus.

Start Your Application

How NRL iDEATION Works?

APPLICATION Submission

Startups submit their business plan through online mode atwww.nrlideation.co.in

Jury Round Selection

The proposals selected at the prelimiary screening are called to present their pitches in front of a Jury.

Disbursement of NRL iDEATION Fund

The proposals selected by te Jury Committee are then either given rant or equity funding as the case may be.

Pre-Screening Selection

A primary screening is done by the NRL IDEATION Steering Committee members.

Agreement Signing

Once recomended for funding by the Jury Committee, selected startups are called for an Agreement signing ceremony at NRL Campus.



Strategic Alignment

NRL will keep its focus on North East region in line with its mission

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Eligibility Criteria

• Any Indian Citizen
• Any NRI

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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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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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Frequently Ask Question

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.