Marine Venture • USHUS Program
Marine Venture
Funding, Mentorship & Incubation for Maritime Startups
Marine Venture supports maritime innovators with equity-led capital, specialist mentorship and structured incubation to commercialise ocean-tech solutions.
Sapno Se Safalta Tak
0 Mo
Incubation Roadmap
₹0 Cr
Related Hub Grant Potential
0%
Minimum Indian Ownership
MVP
Minimum Product Stage
What It Is
What Is Marine Venture?
Marine Venture 2026, under the USHUS Program, is a collaboration between IIMK LIVE and Cochin Shipyard Ltd. for technology-driven startups in maritime and allied sectors.
It connects high-potential founders with industrial scale, equity-led partnerships, incubation and specialised mentorship for digital transformation and decarbonisation.
Why Founders Apply
- 01
Equity investment based on startup readiness
- 02
24-month structured incubation
- 03
Shipyard pilot opportunities
- 04
Investor demo days and mentorship
What You Unlock
Benefits Of Marine Venture
Capital, Incubation And Real-World Maritime Testing Support For Ocean-Tech Innovators.
01
Financial Support
Equity investment based on startup readiness and related prototyping-grant pathways.
02
24-Month Incubation
A long-term, structured roadmap delivered through IIMK LIVE.
03
Elite Mentorship
Guidance from maritime veterans and growth-advisory experts.
04
Shipyard Collaboration
Opportunity to pilot technology in real-world shipyard environments.
05
Investor Demo Days
Direct pitching opportunities to VCs and angel investors in venture tech.
Who Qualifies
Marine Venture Eligibility
DPIIT-Recognised Maritime Innovators With An MVP, Indian Control And A Technology-Centred Model.
Entity & Ownership
DPIIT Startup
DPIIT-recognised startup registered in India.
Indian Ownership
Indian promoters must hold at least 51% ownership at application.
Legal Entity
Registered as a Private Limited Company or LLP.
Sector & Product
Maritime Focus
Maritime, shipping, logistics or allied ocean-tech sector.
MVP Stage
Functional MVP or post-MVP product stage.
Technology Central
Technology is central to the product, service or business model.
How To Apply
Marine Venture Application Process
A Structured USHUS Submission Journey From Documentation Through Onboarding.
- STEP 01
PROCESS
Documentation
Prepare the technical, legal and commercial application file.
- STEP 02
PROCESS
Portal Submission
Submit the complete proposal through the designated programme channel.
- STEP 03
PROCESS
Preliminary Screening
The team assesses eligibility, sector fit and startup readiness.
- STEP 04
PROCESS
Technical Evaluation
Experts review technology, TRL, maritime relevance and pilot potential.
- STEP 05
PROCESS
Final Pitch
Shortlisted founders present to the programme and industry panel.
- STEP 06
PROCESS
Onboarding
Selected ventures begin incubation, mentorship and funding discussions.
Paperwork
Documents Required
Important: Vikas Bharat can help prepare the technical and compliance file needed for Marine Venture review.
Certificate of Incorporation, MoA and AoA
DPIIT / Startup India certificate
CS/CA-certified ownership proof showing ≥51% Indian ownership
Maritime pitch deck and technical whitepaper / TRL proof
Audited financials and cap table
Pilot MoUs or customer-interest letters
MSME certificate, where applicable
- What is Marine Venture?
- Marine Venture provides equity-led capital and strategic support to qualifying innovation-driven startups.
- What funding support is available?
- Support is equity-led and linked to startup readiness, with related hub initiatives offering prototyping grant pathways.
- Who is eligible to apply?
- DPIIT-recognised Indian maritime, shipping, logistics or ocean-tech startups with an MVP and at least 51% Indian ownership.
- What documents are required?
- DPIIT certificate, ownership proof, maritime pitch deck, technical whitepaper, financials, cap table and pilot letters.
Marine Venture Questions, Answered
Funding, Eligibility, Documents And The Application Process.
What is Marine Venture?
Marine Venture provides equity-led capital and strategic support to qualifying innovation-driven startups.
What funding support is available?
Who is eligible to apply?
What documents are required?
Keep exploring
Related Schemes And Services
Other government programs and desks that often sit next to this one.
SSS Scheme
Startup Support Scheme providing equity investment for early-stage startups
Open SSS SchemeEquity Linked Seed Fund
Seed funding through equity participation for innovative startups
Open Equity Linked Seed FundHorizon Fund
Long-term equity investment fund for high-growth potential ventures
Open Horizon FundEquity Elevator
Progressive equity funding program to elevate startup growth - international equity-based funding up to ₹4 Crore for tech startups with mentorship, networking, and expert guidance.
Open Equity Elevator
Talk To Us
Connect With Us
Starting Or Expanding Your Business?
Contact us for expert consultancy on company registration or migration and access India's top MSME funding schemes. We offer personalized services to help you secure the resources needed for growth.
