SSCBS Innovation and Incubation Foundation (SIIF)

Investment and incubation decisions are overseen by Prof. Kumar Bijoy as CEO and Director, with governance from a board of directors that includes Dr. Poonam Verma (Chairperson) and six additional directors. The foundation uses an internal evaluation panel that assesses business proposals for clarity, feasibility, founder-market fit, and scalability before issuing acceptance.

SIIF sources almost exclusively from the student and alumni network of Shaheed Sukhdev College of Business Studies, a constituent college of the University of Delhi. Prospective founders apply via email or walk-in, and student teams are directed to a preparatory program called YUVA before submitting a formal pitch. External, non-campus startups can apply but the pipeline is structurally tied to the college.

SIIF primarily provides seed funding assistance through the government-backed Startup India Seed Fund Scheme, which is typically structured as grants or soft loans rather than equity. The foundation’s incubation service agreement focuses on mentorship, infrastructure, and ecosystem access, with no public disclosure of equity-for-support swaps.

Neither. SIIF is a not-for-profit Section 8 company — a legal structure in India for entities that promote commerce, art, science, or charity and apply profits solely to those objectives. It operates as a government-policy-aligned university incubator rather than a return-seeking venture capital firm or a family office.

SIIF targets the very earliest stages: idea, concept, and pre-revenue. Its incubation process is built for founders who are still refining their value proposition and building an MVP. The foundation evaluates traction — users, pilots, or early revenue — but explicitly accepts startups at the ideation stage.

SIIF is the formal incubation foundation of SSCBS, a constituent college of the University of Delhi. The college principal, Dr. Poonam Verma, chairs SIIF, and the foundation operates on the college’s campus in Rohini, Delhi. The relationship is structural and governance-linked, not a loose affiliation.

No. SIIF has not publicly disclosed a dedicated fund size, assets under management, or total deployment amount. The foundation’s seed funding is facilitated through the Startup India Seed Fund Scheme, a central government initiative, making its deployable capital contingent on government disbursement cycles rather than a committed private fund.