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NRDC mentors, incubates, monitors, evaluates and reviews Start-up projects selected under the Indian Oil Startup Fund scheme and provide inputs and assistance to validate the Idea/project till proof of concept stage, and to recommend the release of funds based on milestones agreed. The start-ups are working on products/ services in the Oil and Gas sector and allied fields.

NRDC has mentored more than 30 start-ups under this scheme out of which most of the start-ups are in the stage of early traction. NRDC has been constantly supporting the start-ups to file different type of IPs for their innovation.

NRDC is currently handling the third round of the start-ups selected under the scheme.