Action Plan

ONGC Startup Program will support young entrepreneurs through the early stages of their development in the Energy Sector. ONGC has also entered into an MoU with Society For Innovation & Entrepreneurship (SINE), IIT Bombay. A brief of the process is mentioned here:

Step 1
Receipt of application on this website or through Innovation challenge
Step II
Evaluation of applications to decide first cut-off
Step III
Presentation of Business Plan before steering committee
Step IV
Due Diligence, Finalization of Term Sheets/Joint Incubation & Investment Programme agreement (JIIPA) with Selected Start-Ups