Technology-driven startups tackling some of India’s most pressing development challenges now have an exciting opportunity to secure patient equity capital through the AWE Tech Innovation Challenge 2026.

Managed by AWE Funds, powered by the Evergreen Philanthropic Fund (EPF), and supported by the Bayer Foundation and AWE Foundation, the challenge is designed to identify and invest in innovative startups creating measurable impact in healthcare, climate resilience, sustainable agriculture, and women’s empowerment.

Selected companies will receive equity investments ranging from US$100,000 to US$300,000, alongside strategic support, investor access, and valuable industry connections to help accelerate their growth.

About the AWE Tech Innovation Challenge

The AWE Tech Innovation Challenge seeks to support entrepreneurs building scalable technology solutions that improve the lives of underserved and climate-vulnerable communities across India.

Unlike traditional grant programmes, the initiative provides long-term patient equity capital, enabling startups to grow sustainably without the pressure of rapid exits.

The programme focuses on companies capable of delivering both commercial success and measurable social impact.

Funding Opportunity

Successful startups may receive:

Equity investment between US$100,000 and US$300,000
Funding for up to five startups
Long-term patient capital from an evergreen investment fund
Access to investors and industry experts
Strategic business support
Corporate introductions
Networking opportunities
Direct interaction with the AWE investment team

Funding decisions are made solely at the discretion of the AWE Funds investment team.

Who Should Apply?

The challenge welcomes startups that are:

Early-Stage Startups

Innovative companies with validated technology solutions that are beginning to scale.

Growth-Stage Startups

Businesses with demonstrated traction seeking investment to accelerate expansion.

Technology-Led Ventures

Companies leveraging technology as the core driver of their solution.

Deep-Tech Startups

Ventures applying advanced scientific or engineering innovations to solve complex challenges.

Impact Enterprises

Businesses committed to creating measurable improvements in people’s lives while building sustainable commercial models.

Priority Sectors

The programme focuses on four major sectors that address India’s most urgent development needs.

Healthcare

Technology solutions improving healthcare access, affordability, quality, diagnostics, treatment, and health outcomes.

Sustainable Agriculture

Innovations supporting farmers through:

Smart farming
Precision agriculture
Digital agriculture
Supply chain improvements
Agricultural productivity
Climate-smart farming

Women’s Empowerment

Solutions that strengthen women’s:

Economic participation
Financial inclusion
Entrepreneurship
Health
Education
Agency and decision-making

Climate

Technology innovations addressing:

Climate resilience
Environmental sustainability
Resource efficiency
Adaptation
Climate-smart development

Impact Areas

The initiative aims to contribute toward ambitious impact targets, including:

Improving health outcomes for 1 million people
Supporting 1.5 million women to gain greater agency
Improving livelihoods for 500,000 rural and small-town residents, including farmers

Applicants should clearly demonstrate how their solution contributes to measurable social and environmental outcomes.

What Selected Startups Receive

Beyond financial investment, selected companies gain access to a comprehensive support ecosystem.

Patient Equity Capital

Unlike many investment programmes focused on rapid exits, AWE Funds provides long-term investment designed to help companies scale sustainably.

Industry Connections

Founders receive warm introductions to:

Potential customers
Corporate partners
Strategic collaborators
Ecosystem partners

Direct Investor Access

Every application is reviewed directly by the AWE investment team without intermediaries, ensuring founders receive genuine consideration.

Progressive Investment Journey

High-performing startups advance through multiple evaluation stages, gaining increasing exposure to experienced investors and industry leaders.

Selection Process

Applications progress through several competitive stages.

Stage 1: Application Review

The investment team evaluates and scores all submitted applications.

Stage 2: Top 20

The twenty highest-scoring startups present to the AWE Leadership Team.

Stage 3: Top 10

Selected startups pitch to industry experts.

Stage 4: Top 5

The final five startups advance directly to the Investment Committee for funding consideration.

This staged process provides multiple opportunities for feedback, exposure, and investor engagement.

Information Required During Application

Applicants should be prepared to provide detailed business information, including:

Startup name
Website
LinkedIn profile
Business location
Sector
Problem statement
Solution description
Social impact achieved
Founder information
Educational background
Professional experience
Revenue model
Annual revenue
Current fundraising details
Existing investor commitments
Company valuation
Previous funding history
Market size (TAM/SAM)
Obtainable market size
Industry growth rate
Competitor analysis
Pitch deck (PDF)

Preparing this information in advance can help ensure a smoother application process.

Application Deadline

Deadline: 31 July 2026

Interested founders are encouraged to submit their applications well before the deadline to avoid last-minute technical issues.

Apply Here

Why Startups Should Apply

Securing capital remains one of the biggest challenges for impact startups, particularly those operating in underserved markets.

The AWE Tech Innovation Challenge provides much more than funding—it offers founders the opportunity to connect with experienced investors, industry experts, strategic partners, and a long-term investment platform committed to scaling impact.

For startups building innovative technology solutions in healthcare, agriculture, women’s empowerment, or climate resilience, this challenge offers a valuable opportunity to accelerate growth while expanding positive social impact across India.

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AWE Tech Innovation Challenge @AWE Funds