SIDBI Innovation Challenge Fund 2026 – AI-enabled Prototype Solutions for MSME Lifecycle Support

The SIDBI Innovation Challenge Fund invites innovators, startups and enterprises to propose scalable AI-enabled prototype solutions for supporting MSMEs throughout their business lifecycle. The current call falls under the Scale-up / Replicable Interventions category and seeks solutions capable of measurable impact and wider institutional adoption.

• Applicants should have an AI-enabled prototype solution addressing challenges across the MSME lifecycle.
• The proposed intervention should be scalable or replicable.
• Eligible applicant groups identified in current announcements include innovators, startups, MSMEs and enterprises.
• Solutions should generate measurable outcomes rather than only providing information.

• Fund support up to ₹2 crore may be considered for implementing selected solutions.
• Opportunity to pilot and scale technology that strengthens India’s MSME ecosystem.
• Potential pathway toward wider institutional adoption.

• Applicants submit proposals through SIDBI’s Innovation Challenge Fund portal. SIDBI reviews submissions against the challenge theme, expected outcomes and scalability requirements. Selected proposals may receive implementation funding subject to evaluation and sanction.