Startup Scholarship at 91springboard Koramangala Forum Mall

supported by KBITS and Government of Karnataka

We are proud to announce our collaboration with Karnataka Biotechnology and Information Technology services (KBITS) and Government of Karnataka in an effort to promote entrepreneurship in the state. KBITS enables an environment for fostering entrepreneurial activities in the state and we are honoured to be the chosen partner in this initiative.

As part of this scholarship, startups are provided coworking membership at 91springboard Koramangala, Bangalore at a subsidised rate of INR 3000 per month per member. If you’re a student entrepreneur, membership is provided at a further subsidised rate of INR 1000 per month per member.

What the scholarship covers

  • Comfortable workstations
  • Conference rooms
  • Photocopying/ Printing
  • Network with community
  • Free or discounted access to events
  • High Speed Wifi
  • Projector and screen
  • Open 24/7 with professional security
  • 24/7 power backup
  • Receive mail c/o 91springboard
  • Lockers/document storage
  • Access to a curated list of service providers
  • Discounted medical insurance
  • Lakhs in freebies from our partners
  • Tea, coffee, and water
  • Cafeteria, lounge, and games

Frequently Asked Questions

  • The startup should be run by at least one full-time dedicated founder (except in case of student entrepreneur)
  • The startup should be an innovation and technology-based startup
  • The startup should not be over 4 yrs since date incorporation
  • The startup should be clocking revenues under 50 crore annually
  • The scholarship is available for only upto 5 people per team
  • At least 50% of the startup’s team should be based in Karnataka
  • The startup should be registered in Karnataka under the Karnataka Shops & Commercial Establishments Act or it should be willing to do it within 3 months of scholarship.
The Scholarship will be valid for a period of 12 months from the date of seat allotment.
Once the application form is filled up, there is an expert evaluation followed by final selection by an apex committee. ​The selected startup would be required to present in the next Apex Committee physical meet​.
Yes. You can always join as a non-scholarship member paying the regular membership fees and later apply for scholarship. Similarly, a startup receiving the scholarship can always apply for non-scholarship membership once their scholarship period is over. Of course, this will be subject to availability.
We are hoping to reach you back with a decision within 30 days. In particular cases of doubts, the startup might be asked to present in a physical meeting of Apex committee and that may take a bit more time.
While there is no limit on team size to be eligible for the scholarship, the scholarship will be provided only to up to a max of 5 team members per startup.
The Scholarship will be valid for a period of 1 year post approval. The startup shall need to join the membership within 1 month period. Else, the space can be provided to them only on availability basis.
The scholarship will be valid for a period of 1 year post approval and from the date of seat allotment.
Yes, the student who is part of the team would be eligible for the Student Scholarship or the Internship plan.
No. Only the full time students in your team can be on the Student Scholarship plan. The non-students can await the Startup Scholarship plan.
The company should not be 3 year or older as on the date of selection of the company. The validity will still be 1 year post the selection.
Out of 150 cabins, 75 seats are in cabins and 75 seats are open. Allotment will be in an availability basis.
Even if you have been working out of the non-scholarship plan at 91springboard, you may still apply for the scholarship. The Scholarship will be valid for 12 months from your date of selection and will not be valid for the historical time you have spent at the hub. Hence, there won’t be any reimbursement.
No. This Scholarship is only available to selected startups working out of 91springboard Kormangala, Bangalore and not available at the other hubs.
91springboard has a referral policy and you shall be eligible to receive those discounts if you refer other members to 91springboard. For other discounts, the applicability will depend on the specific discount or the specific tieup. Please contact 91springboard team if you have a question regarding a specific discount.
If you application was rejected earlier you can apply again with a reworked model post 3 months from the previous application.
No. The service you will receive will be same as a non-scholarship company in the hub. Think of it as college – some student are paying full fees and some are receiving scholarships – but the services are the same.
There are no separate charges for meeting rooms at 91springboard for a limited period of time per team. You will have same access to meeting rooms and event areas. Parking is not provided for by 91springboard but by a third party vendor. The charges for this will be as decided by the vendor.
The startup should be registered in Karnataka under the Karnataka Shops & Commercial Establishments Act. If it’s not registered in Karnataka, you can still apply but you should be willing to do it within 3 months of scholarship selection. ​

If you have any questions, please feel free to email us at blr.st1@91springboard.com