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spark

FOR VISIONARY STUDENTS EMBARKING ON STARTUP JOURNEYS

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SPARK

Join our Spark program, tailored for innovative student ideators/startups at IIMK to kick start your startup journey. The program aims to support student innovators with mentorship, seed funds, co working space and market connect. This is a structured program which provides mentorship, market access, and funding to help you to  convert your  idea to a successful venture. The program starts with a financial support of up to ₹1 lakh for groundbreaking ideas, along with training and mentorship to help you transform your vision into a viable business. On achieving considerable progress by the student innovators this program offers further funding  up to ₹3.6 lakhs as fellowships followed by an equity seed funding up to Rs. 25 Lakhs.

Supporting Partner

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Supporting Partner

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Benefits of the Program

Office

Co-Working Space

Access to a collaborative environment to network and innovate

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Mentorship

Guidance from experienced entrepreneurs and industry experts.

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Training

Workshops and resources to develop essential skills

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Financial Support

Funding to kickstart and grow your startup

Eligibility Criteria

Frequently Asked Questions
 

  1. What is the Spark program?
    The Spark program is designed to support innovative students at IIM Kozhikode who are in the early stages of their startup journey. It offers financial support, training, and mentorship to help turn groundbreaking ideas into viable businesses.

  2. Who can apply for the program?
    The program is open to students of IIM Kozhikode working on innovative startup ideas. Eligible students include those enrolled in PGP, PGP-LSM, PGP-BL, PGP-Finance, and the PhD Regular/Practice track.

  3. What stages of startups are eligible?
    Students at the idea stage, prototype stage, or early commercialization stage of their startups can apply for the program.

  4. How much funding is available?
    The Spark program offers financial support of up to ₹1 lakh, with fellowship support up to Rs ₹3.6 lakhs, and seed funding of up to ₹25 lakhs for startups ready to scale.

  5. What kind of training will participants receive?
    Participants will have access to workshops and resources designed to develop essential entrepreneurial skills, including business planning, marketing, and financial management.

  6. Is mentorship provided?
    Yes, the program includes mentorship from experienced entrepreneurs and industry experts who will provide guidance throughout your startup journey.

  7. Is there a co-working space available?
    Yes, selected participants will have access to a collaborative co-working space that encourages networking and innovation among aspiring entrepreneurs.

  8. How can I apply?
    Applications can be submitted through the official IIMK LIVE website. Ensure you provide all required documentation and information about your startup idea.

  9. What is the selection process?
    Applications will be evaluated based on innovation, feasibility, and potential impact. Shortlisted candidates may be invited to pitch their ideas to a selection committee.

  10. Is the program virtual or in-person?
    The program includes both virtual and in-person components, allowing flexibility for participants.

  11. Is there a fee to apply for the Spark program?
    No, there is no fee to apply for the Spark program.

  12. How will I be informed about the application status?
    IIMK LIVE will communicate the status of your application via email to your registered email ID.

  13. Can I apply if I’m not a student of IIM Kozhikode?
    No, this program is exclusively for students currently enrolled at IIM Kozhikode.

  14. What support is provided beyond funding?
    In addition to funding, participants will receive mentorship, networking opportunities, and access to resources to help refine their solutions and scale their impact.

  15. When is the application deadline?
    Please check the IIMK LIVE website for the most current deadlines and updates regarding the application process.

  16. Can I apply if my startup is at an early stage?
    Yes, early-stage startups are encouraged to apply, provided they have a clear innovative idea.

  17. How will the funding be disbursed?
    Funding will be disbursed based on project milestones and deliverables outlined in the investment agreement.

  18. How can I ensure my startup information is kept confidential?
    All information related to startups will be treated as confidential and shared only with the selection committee.

  19. What if I need further assistance with my application?
    For any questions or assistance regarding your application, please contact the program coordinator at IIMK LIVE.

  20. Will I get fellowship and seed funding support if I get selected to the Spark Program ?
    This program doesn't guarantee funding to startups,  funding is based on the progress achieved by the startups and recommendation by the investment committee of IIMK LIVE.

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