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How to Apply for Seed Fund Incubator at Marathwada Accelerator for Growth and Incubation Council

MAGIC Aurangabad

Introduction

In India’s rapidly evolving entrepreneurial ecosystem, regional innovation hubs are becoming powerful catalysts for inclusive growth. One such shining example is the Marathwada Accelerator for Growth and Incubation Council (MAGIC) — a leading startup incubator in Maharashtra that blends innovation, mentorship, and financial support to fuel the next generation of changemakers.

Backed by AURIC City (Aurangabad Industrial City) and supported under the Startup India Seed Fund Scheme (SISFS), MAGIC helps early-stage startups turn innovative ideas into viable businesses through structured incubation and seed funding.

This article will guide you through everything you need to know about the Seed Fund Incubator at MAGIC Aurangabad — from eligibility and benefits to the exact application process that could help you secure your first round of institutional funding.

1. About MAGIC – Marathwada Accelerator for Growth and Incubation Council

Established in 2018, MAGIC Aurangabad was conceptualized to nurture entrepreneurial spirit in the Marathwada region, which is home to immense talent and industrial diversity.

Operating as a Section 8 non-profit company, MAGIC works as a business incubator and accelerator, empowering innovators, entrepreneurs, and startups through funding, mentorship, and access to industry networks.

MAGIC’s mission aligns closely with the Government of India’s Startup India initiative and Maharashtra State Innovation Society, aiming to bridge the gap between local talent and global opportunities.

Vision

To make Marathwada a recognized innovation hub that drives sustainable economic growth through entrepreneurship.

Mission

  • Foster innovation in Tier-2 and Tier-3 cities.

  • Support early-stage startups through funding and incubation.

  • Enable technology-driven solutions for social and industrial challenges.

2. Focus Areas of MAGIC

MAGIC supports startups across multiple high-impact sectors, including:

  • Manufacturing & Industry 4.0

  • Agriculture and AgriTech

  • Renewable Energy & CleanTech

  • Healthcare & MedTech

  • Mobility & Logistics

  • Education Technology (EdTech)

  • Smart City & Infrastructure Solutions

  • Women-led Entrepreneurship

This diverse portfolio allows MAGIC to help innovators build scalable, sustainable, and regionally relevant businesses.

3. The Role of the Seed Fund Incubator at MAGIC

The Seed Fund Incubator at MAGIC operates under the Startup India Seed Fund Scheme (SISFS) — a flagship initiative by the Department for Promotion of Industry and Internal Trade (DPIIT).

This program provides financial assistance to startups for the development of prototypes, product trials, market entry, and commercialization.

MAGIC serves as an approved incubator under SISFS, enabling startups to access up to ₹50 lakhs in funding to validate and scale their innovative business ideas.

4. Types of Support at MAGIC

MAGIC’s incubation model combines financial, technical, and strategic assistance to create a holistic startup growth journey.

A. Pre-Incubation Support

  • Idea validation and feasibility analysis

  • Business model canvas development

  • Market research and competitor mapping

  • Mentoring by domain experts

B. Incubation Program

  • Access to co-working and R&D facilities

  • Structured learning through workshops and masterclasses

  • Legal, IP, and compliance assistance

  • Prototype testing and pilot opportunities

C. Seed Funding Support

  • Up to ₹20 lakhs as a grant for prototype development.

  • Up to ₹50 lakhs as investment for commercialization and scaling.

  • Mentorship from investors, industry veterans, and startup coaches.

5. Eligibility Criteria for Startups

Startups interested in applying for the Seed Fund at MAGIC must fulfill the following conditions:

✅ Startup India Recognition — Must be recognized by DPIIT.
✅ Entity Type — Private Limited Company, LLP, or Registered Partnership.
✅ Startup Age — Not older than 10 years from the date of incorporation.
✅ Turnover Limit — Less than ₹100 crore in any previous financial year.
✅ Stage — Prototype, MVP, or early traction stage.
✅ Innovation — Should have a unique, technology-driven solution.
✅ No Prior SISFS Funding — The startup should not have already received funding under SISFS from another incubator.

6. Step-by-Step Guide: How to Apply for the Seed Fund at MAGIC

Here’s how founders can apply for the Seed Fund Incubator at MAGIC Aurangabad:

Step 1: Registration

Visit the official Startup India Seed Fund Portal at seedfund.startupindia.gov.in. Ensure your startup is DPIIT-recognized before applying.

Step 2: Choose MAGIC Incubator

Under the list of approved incubators, select Marathwada Accelerator for Growth and Incubation Council (MAGIC) as your preferred incubator.

Step 3: Submit Application

Upload the following documents:

  • Detailed business plan and financial projections

  • Prototype or MVP information

  • Founder & team details

  • Market opportunity and problem statement

Step 4: Screening and Evaluation

MAGIC’s Seed Fund Evaluation Committee (SFEC) reviews applications based on innovation potential, scalability, and market impact.

Step 5: Pitching Round

Shortlisted startups are invited for a pitch presentation to the evaluation committee.

Step 6: Selection and Onboarding

Selected startups sign an incubation agreement and begin their incubation journey at MAGIC.

Step 7: Fund Disbursement

Funds are disbursed in tranches linked to milestone achievements such as prototype completion, pilot deployment, and commercialization readiness.

7. Key Benefits of Incubation at MAGIC

Startups incubated at MAGIC gain access to a comprehensive ecosystem designed to ensure long-term success.

✅ Seed Funding: Up to ₹50 lakhs for prototype and scaling.
✅ Mentorship Network: Guidance from 50+ mentors and industry experts.
✅ Infrastructure Access: State-of-the-art incubation center in Aurangabad.
✅ Investor Connect: Access to angels, VCs, and corporate funds.
✅ Market Linkages: B2B and B2G collaborations for startups.
✅ Government & Policy Support: Assistance with licensing, patents, and regulatory frameworks.
✅ Exposure Opportunities: Participation in national startup events and demo days.

8. MAGIC’s Impact and Success Stories

Since its inception, MAGIC has supported 150+ startups, facilitated ₹15+ crore in funding, and created over 800 jobs in the Marathwada region.

🌿 AgroSense – Developed IoT-enabled precision farming tools for local farmers.
⚙️ M-Tech Robotics – Built AI-based robotics for small-scale manufacturing units.
💡 EnerLite – Innovated solar-powered street lighting solutions now used by Aurangabad Smart City.
👩‍💻 HerPower – A women-led EdTech startup empowering girls in rural Maharashtra through online STEM programs.

These success stories reflect MAGIC’s vision of building global startups from local soil.

9. Why MAGIC Stands Out

What makes MAGIC truly unique among Indian incubators is its deep local connect and global exposure.

  • Operates at the intersection of industry and innovation.

  • Supported by AURIC City and Maharashtra State Innovation Society.

  • Focused on Tier-2 empowerment and inclusive entrepreneurship.

  • Recognized by Startup India Seed Fund Scheme for credibility and impact.

  • Offers a balanced mix of funding, mentorship, and industrial partnerships.

For startups that dream big and aim to build impactful ventures, MAGIC offers the perfect launchpad.

10. Contact Information

📍 Address:
Marathwada Accelerator for Growth and Incubation Council (MAGIC)
Plot No. A-47, MIDC Area, Chikalthana, Aurangabad – 431006, Maharashtra

📧 Email: info@magicaurangabad.org
🌐 Website: www.magicaurangabad.org
📞 Phone: +91-240-2470160

Conclusion

The Seed Fund Incubator at MAGIC Aurangabad embodies India’s mission to democratize entrepreneurship beyond metropolitan cities.

By offering funding, mentorship, and market access in a growing innovation ecosystem, MAGIC enables founders to turn bold ideas into businesses that matter.

If you are a startup ready to make a mark in manufacturing, sustainability, or social innovation, applying to MAGIC’s Seed Fund Incubator can be your first step toward impactful success.

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How to Apply for Seed Fund Incubator at Jabalpur Smart City Incubation Centre

Jabalpur Smart City Incubation Centre

Introduction

India’s urban innovation landscape is expanding rapidly — and smart cities are at the center of it. As cities modernize, new-age entrepreneurs are building solutions that enhance mobility, sustainability, and digital governance.

One such initiative leading this transformation is the Jabalpur Smart City Incubation Centre (JSCIC) — a dynamic ecosystem for startups that blend technology and urban innovation.

Supported by Jabalpur Smart City Limited (JSCL) and recognized under the Startup India Seed Fund Scheme (SISFS), the incubator provides early-stage entrepreneurs with seed funding, mentorship, infrastructure, and government access to pilot real-world solutions in an urban environment.

This article offers a comprehensive roadmap on how to apply for the Seed Fund Incubator at Jabalpur Smart City Incubation Centre, detailing eligibility, benefits, funding process, and why it’s one of the most promising incubation programs in India’s tier-2 ecosystem.

1. About Jabalpur Smart City Incubation Centre (JSCIC)

The Jabalpur Smart City Incubation Centre was established as part of the Jabalpur Smart City Mission under the Ministry of Housing and Urban Affairs (MoHUA). Its goal: to accelerate innovation that makes cities smarter, more sustainable, and more citizen-friendly.

JSCIC functions as a startup catalyst, supporting early-stage ventures working in sectors aligned with smart city development — from energy and waste management to digital technology and urban mobility.

It is managed under the Jabalpur Smart City Limited (JSCL), with technical and academic support from regional universities, industry partners, and the Madhya Pradesh Startup Policy.

Vision

To make Jabalpur a model startup city where innovation and technology improve the quality of urban life.

Mission

  • To foster technology-driven entrepreneurship in urban infrastructure and sustainability.

  • To provide early-stage funding and mentoring for startups working on smart city solutions.

  • To serve as a launchpad for innovations with city-wide and national impact.

2. Key Highlights of JSCIC

✅ Smart City Partnership: Operates directly under the Smart City Mission, giving startups a chance to implement pilots in real urban settings.

✅ Government Recognition: Approved under Startup India and SISFS, ensuring transparency and credibility.

✅ Seed Funding: Offers financial assistance for prototype development and market validation through the Startup India Seed Fund Scheme.

✅ Urban Infrastructure Access: Startups can test and deploy solutions in Jabalpur’s smart zones — a huge advantage for real-world validation.

✅ Collaborations: Strong partnerships with engineering institutes, urban planners, and civic departments.

✅ Impactful Alumni: Has supported multiple startups in clean tech, IoT, and public health sectors.

3. Focus Sectors at JSCIC

JSCIC prioritizes startups working on innovation for smart, sustainable, and inclusive cities. Focus sectors include:

  • Smart Mobility: EVs, logistics, and traffic management tech

  • Waste Management: Smart waste collection and recycling systems

  • Clean Energy: Renewable energy and urban energy efficiency

  • Water & Sanitation: IoT-based solutions for water quality and distribution

  • e-Governance & Civic Tech: Citizen engagement platforms, grievance redressal tech

  • HealthTech & Safety: Public health monitoring, emergency response systems

  • EdTech & Skilling: Urban education and employment solutions

By supporting startups in these domains, JSCIC helps cities solve real challenges through innovation and technology.

4. Understanding the Seed Fund and Incubation Program

The Seed Fund Incubator at Jabalpur Smart City is designed for startups with early prototypes or MVPs looking to validate and scale their solutions.

A. Pre-Incubation Phase

  • Duration: 3–6 months

  • Focus: Idea validation, business model creation, and early prototyping

  • Outcome: MVP readiness

B. Full Incubation Phase

  • Duration: 12–18 months

  • Focus: Market validation, product launch, and scaling strategy

  • Support: Seed funding, mentorship, pilot opportunities with Smart City projects

C. Seed Funding Support

Through the Startup India Seed Fund Scheme (SISFS):

  • Up to ₹20 lakhs for prototype development (grant-based)

  • Up to ₹50 lakhs for product commercialization (investment-based)

Additional funding may be offered for startups selected under Smart City Innovation Challenges or Urban Tech Pilots.

5. Eligibility Criteria

Startups must meet the following conditions to apply:

✅ DPIIT Recognition: Must be recognized under Startup India.

✅ Entity Type: Registered as a Private Limited Company, LLP, or Partnership Firm.

✅ Startup Age: Less than 10 years old.

✅ Turnover Limit: Under ₹100 crore in any financial year.

✅ Innovation Stage: Proof of concept, prototype, or early traction.

✅ Sector Fit: Startup should align with Smart City themes like mobility, sustainability, health, or governance.

✅ No Prior SISFS Funding: Startups already funded under SISFS by another incubator are not eligible.

6. Step-by-Step Application Process

Here’s how to apply for incubation and seed funding at JSCIC:

Step 1: Registration

Visit the Startup India Seed Fund Portal and ensure your startup has DPIIT recognition.

Step 2: Select Jabalpur Smart City Incubation Centre

Choose “Jabalpur Smart City Incubation Centre” from the list of approved incubators under the Seed Fund Scheme.

Step 3: Submit the Application

Upload your startup’s:

  • Pitch deck

  • Prototype or MVP details

  • Business plan and financial projections

  • Founder profiles and team structure

Step 4: Screening & Evaluation

Applications are evaluated by a Seed Fund Evaluation Committee composed of domain experts, city officials, and investors.

Step 5: Pitch Presentation

Shortlisted startups present to the selection panel, showcasing innovation, scalability, and city impact.

Step 6: Selection & Onboarding

Selected startups sign a formal agreement and begin incubation.

Step 7: Fund Disbursement

Seed funding is released in tranches based on milestones and deliverables.

7. Benefits of Incubation at JSCIC

✅ Seed Funding Support: Get up to ₹50 lakhs for prototype and commercialization activities.

✅ Pilot Opportunities: Test solutions in real smart city environments — a unique advantage.

✅ Government Access: Direct collaboration with municipal bodies and state departments.

✅ Mentorship & Training: Guidance from industry experts, investors, and smart city planners.

✅ Infrastructure & Resources: Dedicated co-working spaces, labs, and access to civic data.

✅ Networking & Exposure: Investor connects, demo days, and national startup events.

✅ Follow-on Support: Assistance in scaling, fundraising, and policy linkages.

8. Success Stories

The Jabalpur Smart City Incubation Centre has supported several startups that have gone on to make meaningful contributions to India’s smart urban future.

🌱 EnvironSmart: Developed IoT-enabled sensors for waste segregation and collection — now deployed in Madhya Pradesh and Chhattisgarh.

🚗 GoRide: Electric vehicle sharing startup piloted under Jabalpur’s Smart Mobility initiative.

💧 HydroPure: Created affordable IoT-based water monitoring systems for municipalities.

🏙️ CityPulse: Civic engagement platform improving public feedback for city services.

These startups prove how local innovation can drive global change when nurtured by the right ecosystem.

9. Why Choose Jabalpur Smart City Incubation Centre

  • Backed by Smart City Mission and Startup India

  • Strong connection to urban implementation projects

  • Provides both funding and government partnership opportunities

  • Focused on impactful, scalable innovation

  • Promotes inclusive urban growth and sustainability

If you’re building a startup that can redefine how cities function, JSCIC is your ideal growth platform.

10. Contact Information

📍 Address: Jabalpur Smart City Incubation Centre Marble City Road, Near Manas Bhawan, Jabalpur, Madhya Pradesh – 482002

📧 Email: info@jabalpursmartcity.org 🌐 Website: www.jabalpursmartcity.org 📞 Phone: +91-761-2411234

Conclusion

The Jabalpur Smart City Incubation Centre represents a model for how innovation can directly enhance urban living.

By combining government collaboration, seed funding, and startup mentorship, JSCIC empowers founders to create real, measurable change in India’s cities.

For early-stage startups working on smart technologies or urban solutions, this incubator provides everything — funding, pilots, and a purpose-driven community.

Innovation meets implementation at Jabalpur Smart City Incubation Centre — where your startup can help build tomorrow’s cities, today.

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How to Apply for Seed Fund Incubator at Ahmedabad University Support Foundation (VentureStudio)

VentureStudio

Introduction

India’s startup ecosystem is rapidly evolving — driven by visionary entrepreneurs transforming local problems into global opportunities. Yet, most early-stage founders face two persistent challenges: access to capital and structured incubation support.

That’s where the Ahmedabad University Support Foundation’s VentureStudio steps in.

Located in Ahmedabad, VentureStudio is a premier startup incubation platform that empowers innovators to move from idea to impact. Backed by Ahmedabad University, it supports founders through seed funding, mentorship, and a strong entrepreneurial ecosystem designed for sustainable growth.

This article offers a complete roadmap on how to apply for the Seed Fund Incubator at VentureStudio, including eligibility, benefits, programs, and success stories — everything a founder needs to turn an idea into a market-ready business.

1. About Ahmedabad University Support Foundation (VentureStudio)

Established by Ahmedabad University, VentureStudio serves as a hub for innovation-driven entrepreneurship in India. Since its inception, it has been instrumental in helping early-stage startups across sectors such as healthcare, sustainability, mobility, and technology.

Recognized under Startup India and supported by the Department for Promotion of Industry and Internal Trade (DPIIT), VentureStudio blends academic knowledge, industry partnerships, and government support to create an ecosystem where startups thrive.

Vision

To foster a culture of innovation and entrepreneurship that transforms ideas into impactful ventures contributing to India’s economic and social growth.

Mission

  • To empower founders through structured incubation and mentoring.

  • To bridge the gap between innovation and implementation through funding.

  • To create globally relevant startups that emerge from India’s innovation ecosystem.

2. Key Highlights of VentureStudio

✅ University-Backed Incubation:
Supported by Ahmedabad University, offering access to top faculty, research labs, and innovation infrastructure.

✅ Recognized Under National Programs:
Part of Startup India Seed Fund Scheme (SISFS) and other government-backed initiatives.

✅ Seed Funding Support:
Provides both grant and equity-based support for prototype development and commercialization.

✅ Mentorship & Industry Connect:
Guidance from industry leaders, domain experts, and successful entrepreneurs.

✅ Collaborations & Partnerships:
Strong alliances with corporates, investors, and international innovation networks.

✅ Track Record of Success:
Over 150 startups supported across domains like med-tech, design, sustainability, and AI.

3. Focus Sectors at VentureStudio

VentureStudio focuses on innovation-led, high-impact sectors aligned with India’s future economy:

  • Healthcare & MedTech – Affordable innovations improving healthcare access.

  • CleanTech & Sustainability – Solutions for renewable energy, waste management, and green tech.

  • Smart Mobility – EV, logistics, and urban transport innovations.

  • Design & Manufacturing – Product design and materials innovation.

  • AI, Data, and Digital Transformation – Startups leveraging emerging technologies.

This diversity ensures VentureStudio nurtures startups addressing both social challenges and market opportunities.

4. Understanding the Seed Fund and Incubation Program

The Seed Fund Incubation Program at VentureStudio is designed to provide holistic support to early-stage startups — covering everything from funding to mentorship and investor access.

The program operates in two structured phases:

A. Pre-Incubation Phase

  • Duration: 3–6 months

  • Focus: Ideation, prototype development, and business model design

  • Outcome: Market validation and MVP readiness

B. Full Incubation Phase

  • Duration: 12–24 months

  • Focus: Product-market fit, scaling strategy, and investment readiness

  • Support: Seed fund, mentorship, and ecosystem linkages

C. Seed Funding Support

Under the Startup India Seed Fund Scheme (SISFS), eligible startups can receive:

  • Up to ₹20 lakhs (grant) for prototype or product development

  • Up to ₹50 lakhs (investment) for market entry and commercialization

Additional financial assistance may be provided by VentureStudio for pilot projects and growth-stage support.

Funding is milestone-linked — disbursed in tranches based on startup performance.

5. Eligibility Criteria

To apply for seed funding and incubation at VentureStudio, startups must meet the following criteria:

✅ DPIIT-Recognized Startup:
Must be registered under the Startup India initiative.

✅ Entity Type:
Private Limited Company, LLP, or Registered Partnership Firm.

✅ Age Limit:
Not older than 10 years since incorporation.

✅ Turnover:
Should not have exceeded ₹100 crore in any financial year.

✅ Innovation Stage:
Should have a prototype, MVP, or early commercial product.

✅ Innovation Element:
Must demonstrate uniqueness in technology, process, or business model.

✅ No Prior SISFS Support:
Startups funded by another incubator under SISFS are ineligible for a second grant.

6. Step-by-Step Application Process

Follow these steps to apply for incubation and seed funding at VentureStudio:

Step 1: Register on the Startup India Seed Fund Portal

Ensure your startup has DPIIT recognition, then visit the Startup India Seed Fund Portal.

Step 2: Choose VentureStudio as the Incubator

Select “Ahmedabad University Support Foundation (VentureStudio)” from the list of SISFS-approved incubators.

Step 3: Submit Application

Upload the required details and documents:

  • Pitch deck (10–12 slides)

  • Prototype or MVP evidence

  • Business plan and market details

  • Founders’ profiles and company details

  • Financial projections

Step 4: Evaluation & Screening

Applications are reviewed by an expert Seed Fund Evaluation Committee. Key evaluation parameters include:

  • Innovation and scalability

  • Market potential

  • Team capability

  • Social or environmental impact

Step 5: Pitch Presentation

Shortlisted startups present their ideas before the selection panel.

Step 6: Onboarding

Selected startups sign an MoU and begin their incubation journey at VentureStudio.

Step 7: Fund Disbursement

Funding is released in phases based on verified milestones and progress reports.

7. Benefits of Incubation at VentureStudio

✅ Seed Funding:
Financial assistance up to ₹50 lakhs to support development and scaling.

✅ Expert Mentorship:
Access to industry veterans, academicians, and investor networks.

✅ Infrastructure:
Co-working space, product design labs, and university resources.

✅ Training & Bootcamps:
Entrepreneurship development programs and investor readiness workshops.

✅ Investor & Market Access:
Connections to VCs, angels, and corporate accelerators.

✅ Networking & Collaborations:
Frequent demo days, innovation challenges, and community events.

✅ Follow-on Support:
Help in raising next-stage investments and scaling operations.

8. Success Stories

VentureStudio has nurtured several successful startups that have created real-world impact:

  • LeRolls: Pioneered sustainable packaging materials now adopted by FMCG brands.

  • BioReform: Developed eco-friendly biotechnology solutions for industrial waste.

  • AutoMate: Introduced smart transport automation systems for Indian cities.

These ventures reflect VentureStudio’s role as a launchpad for scalable, responsible innovation.

9. Why Choose VentureStudio?

Here’s what makes VentureStudio unique among India’s incubation programs:

✅ Backed by Ahmedabad University and Startup India.
✅ Offers both funding and academic mentorship.
✅ Provides access to corporate and investor networks.
✅ Focuses on innovation with social and economic impact.
✅ Proven success in scaling early-stage ventures.

If you’re building something transformative, VentureStudio gives your startup the resources, mentorship, and network to succeed.

10. Contact Information

📍 Address:
VentureStudio, Ahmedabad University
Commerce Six Road, Navrangpura, Ahmedabad – 380009

📧 Email: venturestudio@ahduni.edu.in
🌐 Website: www.venturestudio.in
📞 Phone: +91 79 6191 1100

Conclusion

The Ahmedabad University Support Foundation (VentureStudio) stands at the intersection of innovation, entrepreneurship, and social impact.

Through its Seed Fund Incubator, it empowers founders to grow ideas into sustainable enterprises, backed by mentorship, capital, and community.

If you’re a founder ready to make a difference, VentureStudio is where your entrepreneurial journey begins.

Innovation starts with one idea — VentureStudio helps you turn that idea into impact.

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How to Apply for Seed Fund Incubator at IIPH NIDHI-TBI for Public Health, Gandhinagar

IIPH NIDHI-TBI

Introduction

Public health innovation in India has never been more critical. From pandemic preparedness to rural healthcare accessibility, there is a growing demand for solutions that merge technology with social impact. Recognizing this need, the Indian Institute of Public Health (IIPH) Gandhinagar, supported by the Department of Science and Technology (DST), Government of India, established the NIDHI-Technology Business Incubator (NIDHI-TBI) — a specialized platform that supports startups working on health-tech, med-tech, and public health innovations.

The IIPH NIDHI-TBI for Public Health, Gandhinagar, serves as a national hub for nurturing startups that aim to address India’s most pressing healthcare challenges through scalable and sustainable innovations. From seed funding to mentorship and policy linkages, it offers a comprehensive ecosystem to turn impactful ideas into deployable solutions.

This article provides a detailed guide on how to apply for the Seed Fund and incubation program at IIPH NIDHI-TBI, along with its eligibility criteria, benefits, and complete support structure.

1. About IIPH NIDHI-TBI for Public Health, Gandhinagar

The IIPH Gandhinagar NIDHI-Technology Business Incubator (TBI) was established under the National Initiative for Developing and Harnessing Innovations (NIDHI) scheme by the DST, Government of India.

It is a sector-specific incubator dedicated to public health, healthcare technology, biotechnology, and digital health, with the mission to accelerate startups creating social and economic value in the healthcare space.

Vision

To become India’s leading incubation ecosystem that promotes innovation, entrepreneurship, and technology development in public health and allied sectors.

Mission

  • To translate innovative health ideas into viable, scalable startups.

  • To create an entrepreneurial ecosystem focused on public health impact.

  • To support innovators through funding, infrastructure, mentorship, and market access.

  • To bridge the gap between research, policy, and practice in healthcare innovation.

2. Why IIPH NIDHI-TBI Stands Out

Unlike general-purpose incubators, IIPH’s NIDHI-TBI focuses on public health-centric entrepreneurship — combining technical innovation with social change.

Here’s what sets it apart:

  • Domain Expertise: Supported by top health professionals, epidemiologists, and data scientists from IIPH and PHFI (Public Health Foundation of India).

  • Healthcare Ecosystem: Strong connections with hospitals, government agencies, and public health programs.

  • Policy Linkages: Direct access to policy decision-makers and public health implementation networks.

  • Funding Support: Access to the NIDHI Seed Support System (NIDHI-SSS) and Startup India Seed Fund Scheme (SISFS).

  • Mentorship: Experienced mentors from healthcare, life sciences, med-tech, and social entrepreneurship domains.

3. Focus Areas of the Incubator

The IIPH NIDHI-TBI focuses on innovation and entrepreneurship in the following domains:

  1. Digital Health & Telemedicine

    • Remote diagnostics, AI-driven healthcare monitoring, mobile health apps.

  2. Public Health Technologies

    • Disease surveillance tools, sanitation, and environmental health solutions.

  3. Medical Devices & Assistive Technologies

    • Low-cost diagnostics, wearable sensors, point-of-care testing kits.

  4. Biotechnology & Life Sciences

    • Vaccines, diagnostics, and public health research translation.

  5. Health Systems & Policy Innovations

    • Data analytics, digital governance models, and service delivery optimization.

  6. Community Health & Wellness Solutions

    • Affordable health access, preventive health innovations, and rural health systems.

4. The Seed Fund and Support Ecosystem

The IIPH NIDHI-TBI provides startups access to both financial and non-financial support to help them scale efficiently.

A. Seed Funding Support

The incubator offers seed funding through the NIDHI Seed Support System (NIDHI-SSS) — a DST initiative designed to empower startups to reach the next stage of growth.

Seed Fund Details:

  • Amount: Up to ₹25–₹50 lakhs (depending on project maturity).

  • Form: Grant or soft loan (as per project evaluation).

  • Purpose:

    • Prototype development and testing.

    • Product trials and validation.

    • Market entry or commercialization.

    • Scaling of early revenues.

B. Infrastructure & Technical Support

  • State-of-the-art health innovation labs for prototype development.

  • Access to data centers, testing facilities, and biomedical equipment.

  • Co-working spaces and meeting rooms.

  • Networking access to research partners and policy experts.

C. Mentoring & Capacity Building

Startups receive guidance from domain experts in health policy, biostatistics, epidemiology, design, and entrepreneurship.

Regular sessions cover:

  • Business model design.

  • Regulatory compliance (CDSCO, ICMR, NABH).

  • Intellectual Property Rights (IPR) management.

  • Fundraising and investor readiness.

D. Market & Policy Access

The incubator connects startups with public health missions, CSR programs, and state governments for pilot deployment and validation.
This includes exposure through IIPH’s network with:

  • Ministry of Health & Family Welfare

  • National Health Mission (NHM)

  • State health departments

  • NGOs and international health organizations (UNICEF, WHO, etc.)

5. Eligibility Criteria

To apply for the Seed Fund and incubation program at IIPH NIDHI-TBI, applicants must meet the following criteria:

✅ Startup Stage:

  • Early-stage or growth-stage startup with a functional prototype or MVP.

✅ Legal Status:

  • Registered as a Private Limited Company, LLP, or Registered Partnership in India.

  • Startups must be recognized by DPIIT under Startup India.

✅ Innovation Criteria:

  • Product or service must be innovative, impactful, and aligned with public health outcomes.

✅ Team Criteria:

  • Founders with relevant domain experience or research background preferred.

✅ Location:

  • Open to startups across India, though preference is given to those willing to work from Gandhinagar or collaborate closely with IIPH.

6. Step-by-Step Application Process

Here’s a detailed roadmap to apply for seed fund and incubation at IIPH NIDHI-TBI:

Step 1: Visit Official Website

Go to https://www.iiphg.edu.in or directly to the NIDHI-TBI section on the IIPH Gandhinagar portal.

Step 2: Fill the Application Form

  • Provide startup details, innovation summary, founder information, and funding requirements.

  • Attach pitch deck, financial plan, and prototype documentation.

Step 3: Screening & Evaluation

Applications are reviewed by an internal Screening Committee comprising experts in health innovation and entrepreneurship.

Evaluation criteria include:

  • Novelty and market potential.

  • Impact on public health.

  • Scalability and feasibility.

  • Team competence.

Step 4: Incubation Offer & MoU

Shortlisted startups are offered incubation support and are required to sign an MoU with IIPH NIDHI-TBI.

Step 5: Funding Approval

Startups seeking seed funding undergo due diligence, followed by approval from the Seed Fund Committee.

Step 6: Onboarding & Mentorship

Once onboarded, startups gain access to co-working space, mentors, and scheduled review sessions to track progress.

7. Key Benefits of Joining IIPH NIDHI-TBI

✅ Access to Funding: Through DST’s NIDHI scheme and Startup India Seed Fund.
✅ Expert Mentorship: Guidance from doctors, public health researchers, and business mentors.
✅ Infrastructure: Lab access and state-of-the-art facilities for testing and validation.
✅ Networking: Connection to health departments, CSR programs, and investors.
✅ Visibility: Association with IIPH enhances startup credibility in the public health ecosystem.
✅ Regulatory Guidance: Support with licensing, certifications, and compliance.
✅ Pilot Projects: Opportunities for field trials with hospitals and government programs.

8. Impact and Success Stories

Several health-tech startups have successfully benefited from IIPH NIDHI-TBI’s support.

  • MedTEL: Developed portable telemedicine devices now deployed in rural health centers.

  • HealthMode: Built AI-driven disease surveillance tools for state health departments.

  • CareWorks: Designed IoT-enabled patient monitoring systems validated through IIPH labs.

These startups demonstrate how the incubator is turning public health challenges into scalable business opportunities with real-world impact.

9. Contact Information

📍 Address:
IIPH NIDHI-Technology Business Incubator
Indian Institute of Public Health (IIPH) Gandhinagar,
Opp. Air Force Headquarters, Lekawada, Gandhinagar, Gujarat – 382042

📧 Email: nidhi-tbi@iiphg.org
🌐 Website: https://www.iiphg.edu.in
📞 Phone: +91-79-2324 0035

10. Conclusion

The IIPH NIDHI-TBI for Public Health, Gandhinagar, is more than just an incubator — it’s a national mission to bring innovation into the heart of healthcare delivery. By combining the rigour of public health research with the agility of entrepreneurship, it empowers startups to create measurable, scalable impact.

If you are a health-tech innovator or startup founder ready to change how India experiences healthcare, the IIPH NIDHI-TBI offers the ideal ecosystem to take your solution from concept to community.

Innovation in public health doesn’t just save lives — it reshapes futures.
And IIPH NIDHI-TBI is where that transformation begins.

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How to Apply for Seed Fund Incubator at BIL-Ryerson Technology Startup Incubator Foundation

BIL-Ryerson Incubator

Introduction

India’s startup revolution is being driven by a new wave of entrepreneurs who are not just building businesses but shaping the future of innovation. However, for most early-stage founders, two barriers persist — access to funding and structured incubation support.

That’s where the BIL-Ryerson Technology Startup Incubator Foundation (BRTSIF) steps in.

Located in Mumbai, BRTSIF is a leading incubation platform established as a collaboration between Bombay Innovation and Leadership (BIL) and Toronto Metropolitan University (formerly Ryerson University), Canada. Supported by the Department for Promotion of Industry and Internal Trade (DPIIT) and other government bodies, it serves as a global-standard incubator for Indian startups.

This article provides a complete roadmap on how to apply for seed funding and incubation at BIL-Ryerson, along with details on eligibility, programs, benefits, and success stories — everything a founder needs to know to take their idea from concept to commercialization.

1. About BIL-Ryerson Technology Startup Incubator Foundation (BRTSIF)

The BIL-Ryerson Technology Startup Incubator Foundation was established in 2014 as a joint initiative between the Bombay Stock Exchange Institute Ltd. (BIL) and Ryerson University’s DMZ (Digital Media Zone), Canada — one of the world’s top university-based incubators.

This Indo-Canadian collaboration brings global startup expertise, mentorship, and access to international markets to Indian founders. The incubator is recognized under the Startup India initiative and is also supported by the Department of Science & Technology (DST) and MSME ministry.

Vision

To create a globally competitive innovation hub that nurtures India’s most promising startups through mentorship, funding, and international exposure.

Mission

  • To empower entrepreneurs through structured incubation, seed funding, and access to global networks.

  • To bridge the gap between Indian startups and global innovation ecosystems.

  • To accelerate early-stage ventures in technology, fintech, healthcare, education, and sustainability.

2. Key Highlights of BRTSIF

✅ Joint India–Canada Collaboration:
Offers international exposure through Ryerson’s DMZ network in Toronto.

✅ Recognized Incubator:
Supported under Startup India, NIDHI, and other national innovation schemes.

✅ Funding Support:
Provides seed funding under Startup India Seed Fund Scheme (SISFS) and other government programs.

✅ Strong Corporate & Academic Partnerships:
Collaborations with BSE Institute, Canadian universities, and Indian corporates.

✅ Global Exchange Opportunities:
Short-term residency and exchange programs for startups to explore North American markets.

✅ Over 200 startups supported, with many securing follow-on funding and global recognition.

3. Focus Sectors at BRTSIF

The incubator focuses on high-impact, innovation-driven sectors including:

  • FinTech & Financial Inclusion

  • EdTech & Learning Solutions

  • HealthTech & Life Sciences

  • CleanTech & Sustainability

  • AI, Data Analytics & IoT

  • Smart Cities & Mobility

  • MediaTech & Digital Platforms

The cross-border support structure allows these startups to not only grow in India but also tap into the North American market through Ryerson’s DMZ global network.

4. Understanding the Seed Fund and Incubation Program

BRTSIF’s incubation program combines seed funding, mentorship, investor access, and global learning. It operates in both pre-incubation and full incubation formats.

A. Pre-Incubation Phase

  • Duration: 3–6 months

  • Focus: Idea validation, business model design, and prototype development

  • Deliverables: MVP readiness and market validation

B. Full Incubation Phase

  • Duration: 12–24 months

  • Focus: Product-market fit, customer traction, investment readiness, and scaling

  • Support: Funding, mentoring, access to investors, and global linkages

C. Seed Funding Support

The incubator offers financial assistance through:

  • Startup India Seed Fund Scheme (SISFS):
    Up to ₹20 lakhs (grant) for prototype development.
    Up to ₹50 lakhs (investment) for commercialization.

  • BRTSIF Seed Fund:
    Additional financial support for market testing and pilot projects.

Funding is milestone-based and tied to performance and deliverables.

5. Eligibility Criteria

To apply for seed funding and incubation at BRTSIF, startups must meet these eligibility requirements:

✅ DPIIT-Recognized Startup
Must be registered as a DPIIT-recognized entity under Startup India.

✅ Entity Type
Should be a Private Limited Company, LLP, or Registered Partnership Firm.

✅ Age of Startup
Less than 10 years from the date of incorporation.

✅ Turnover Limit
Not exceeding ₹100 crore in any financial year.

✅ Stage of Development
Proof of concept, prototype, or early commercialization stage.

✅ Innovation Requirement
The product/service should involve innovation or improvement in technology, process, or business model.

✅ No Prior SISFS Funding
Startups that have already received SISFS support from another incubator are not eligible for a second grant.

6. Step-by-Step Application Process

Here’s how to apply for incubation or seed funding at BRTSIF:

Step 1: Registration on Startup India Seed Fund Portal

Step 2: Select BRTSIF as Incubator

Choose BIL-Ryerson Technology Startup Incubator Foundation from the list of SISFS-approved incubators.

Step 3: Submit Application

Prepare and upload the following:

  • Business plan/pitch deck.

  • Problem-solution fit and innovation details.

  • Prototype or MVP information.

  • Founder and team details.

  • Financial projections and milestone plan.

Step 4: Screening & Evaluation

Applications are reviewed by the Seed Fund Evaluation Committee comprising industry experts, investors, and faculty members.

Evaluation parameters:

  • Market potential and scalability.

  • Founding team competence.

  • Technology and innovation level.

  • Social or economic impact.

Step 5: Pitch Presentation

Shortlisted startups pitch their ideas before the Selection Committee.

Step 6: Selection & Onboarding

Successful applicants are selected for incubation, followed by signing of an MoU and onboarding into BRTSIF’s program.

Step 7: Funding Disbursement

Seed fund is released in tranches based on milestone achievements and progress reports.

7. Benefits of Incubation at BRTSIF

Here’s what makes BRTSIF one of India’s most sought-after incubators:

✅ Seed Funding Support
Get up to ₹50 lakhs in milestone-linked seed funding.

✅ Global Mentorship
Access mentors from both Indian and Canadian startup ecosystems.

✅ International Market Exposure
Opportunity to connect with global investors, mentors, and accelerator programs.

✅ Investor Connects & Demo Days
Pitch directly to angel investors, venture capitalists, and corporate funds.

✅ Infrastructure Support
Co-working spaces, meeting rooms, and access to BSE Institute facilities.

✅ Training & Workshops
Entrepreneurship programs, leadership workshops, and investor readiness bootcamps.

✅ Networking & Collaboration
Regular events, startup showcases, and global exchange programs via Ryerson DMZ.

✅ Follow-on Funding & Scale Support
Assistance in raising Series A or institutional investment.

8. Success Stories

Over the years, BRTSIF has incubated and supported 200+ startups, many of which have achieved remarkable milestones.

  • Peel-Works: A retail-tech platform connecting FMCG brands with small retailers, now expanded across India.

  • Arth Design: Developed smart urban infrastructure solutions, now working with Indian Smart City Missions.

  • uTrade: Built a fintech platform offering algorithmic trading tools; raised institutional funding.

  • CureAI: Health analytics startup providing AI-based diagnostic tools used globally.

These stories underline how BRTSIF helps founders transform innovation into business success.

9. Why Choose BIL-Ryerson (BRTSIF)?

Here’s why BRTSIF stands out among India’s incubation programs:

✅ Backed by international expertise via Ryerson DMZ, Toronto.
✅ Access to BSE’s financial and corporate ecosystem.
✅ Supported by Startup India, DST, and MSME.
✅ Offers global market exposure — a rare advantage for Indian startups.
✅ Track record of nurturing high-impact, scalable ventures.

If your startup is innovation-led and growth-ready, BRTSIF provides the ideal platform to grow locally and scale globally.

10. Contact Information

📍 Address:
BIL-Ryerson Technology Startup Incubator Foundation
BSE Institute Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001, India

📧 Email: info@brtsif.com | incubator@bseindia.com
🌐 Website: https://brtsif.com
📞 Phone: +91-22-2272 1234

Conclusion

The BIL-Ryerson Technology Startup Incubator Foundation (BRTSIF) represents the perfect blend of Indian entrepreneurial energy and global innovation best practices.

With its Indo-Canadian collaboration, robust mentorship network, and funding opportunities, BRTSIF provides early-stage founders with everything they need — from incubation to internationalization.

If you are a startup founder looking to scale your innovation with global support, applying to BRTSIF could be your most strategic next move.

Innovation knows no borders — and at BIL-Ryerson, your ideas get the wings they deserve.

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How to Apply for Seed Fund and Incubation Support at Research and Innovation Circle of Hyderabad

RICH Hyderabad

Introduction

India’s innovation landscape is growing at an unprecedented pace — with startups, universities, and research institutions driving change across sectors. Yet, one of the key challenges that persists is the gap between research and commercialization. Great ideas often remain confined to labs, unable to reach markets or make tangible impact.

To bridge this gap, the Research and Innovation Circle of Hyderabad (RICH) was established by the Government of Telangana as a strategic initiative to connect innovators, startups, researchers, and investors. Acting as a “Science-to-Startup” bridge, RICH enables promising innovations to transition from research labs to viable, market-ready enterprises.

If you are a startup founder, academic researcher, or innovator looking to translate your R&D into real-world impact — this article will guide you through everything about RICH: its programs, eligibility, seed funding opportunities, and how to apply.

1. About Research and Innovation Circle of Hyderabad (RICH)

The Research and Innovation Circle of Hyderabad (RICH) was founded in 2017 as a Government of Telangana initiative under the Telangana State Innovation Cell (TSIC). It operates as a non-profit organization, functioning as a bridge between academia, research, startups, government bodies, and industries.

RICH’s primary focus is to accelerate the commercialization of research and technology emerging from Hyderabad’s premier institutions — such as the University of Hyderabad, IIIT-H, IIT Hyderabad, NIPER, CCMB, and others.

Vision

To make Hyderabad a global hub for innovation, research translation, and entrepreneurship by fostering collaboration among academia, industry, and government.

Mission

  • Bridge the gap between research and commercialization.

  • Enable innovators and startups to access funding, mentorship, and industry validation.

  • Support high-impact projects in healthcare, agriculture, environment, and deep tech.

  • Build an innovation-driven economy in Telangana.

Key Highlights

  • Established by the Government of Telangana in collaboration with major research institutions.

  • Acts as a facilitator for startups and innovators seeking funding or commercialization support.

  • Focus areas: Life sciences, Agriculture, Environment, and Sustainability.

  • Acts as a nodal agency connecting innovation stakeholders — startups, academia, VCs, and government.

  • Runs multiple innovation programs, including the Healthcare Innovation Challenge and Agri-Startup Network.

2. The RICH Seed Fund and Incubation Support Framework

While RICH itself is not a conventional startup incubator, it partners with incubators, accelerators, and investors to provide structured support to startups. The organization plays a facilitator and enabler role, ensuring that research-led startups can access funding and ecosystem support.

Key Support Offered by RICH

  1. Seed Funding Facilitation

    • RICH collaborates with government seed funds, CSR funds, and venture capitalists to help early-stage startups secure capital.

    • Startups with innovative technologies or lab prototypes can get connected to the Startup India Seed Fund Scheme (SISFS) or BIRAC-Biotechnology Ignition Grant (BIG) programs through RICH’s partner network.

  2. Incubation & Acceleration Access

    • RICH connects startups to leading incubators in Hyderabad, including:

      • T-Hub

      • AIC-CCMB

      • IKP Knowledge Park

      • AgHub (PJTS Agricultural University)

      • WeHub (Women Entrepreneurs Hub)

  3. Innovation & Collaboration Networks

    • RICH provides innovators access to a multi-sectoral network of R&D labs, government departments, and industries for collaboration and pilot projects.

  4. IP and Technology Commercialization Support

    • RICH helps innovators identify potential industry partners, manage intellectual property, and license technologies to commercial players.

  5. Sector-Specific Initiatives

    • Agri Innovation Network: Supporting agri-tech startups working on sustainable solutions.

    • HealthTech Accelerator: Facilitating the transition of biomedical research to market-ready healthcare products.

    • Environment & Sustainability Vertical: Backing startups working on climate resilience, waste management, and clean energy.

3. Eligibility Criteria for Support through RICH

RICH’s programs are open to a wide variety of stakeholders — from research scholars to early-stage startups.

Eligibility Overview

✅ Startup or Innovator Profile:

  • Early-stage startups with innovative products or services in RICH’s focus sectors.

  • Researchers or faculty members with a commercially viable technology or patent.

  • Enterprises registered as Private Limited Companies, LLPs, or Registered Partnerships.

✅ Stage of Development:

  • Proof of Concept (PoC) or Prototype stage preferred.

  • Startups seeking funding for validation, testing, or early commercialization.

✅ Recognition:

  • DPIIT-recognized startups receive preference.

  • Technologies aligned with Telangana’s priority sectors (agri-tech, life sciences, environment) are prioritized.

✅ Geographical Scope:

  • While Hyderabad-based startups are preferred, innovators from across India can apply if their project aligns with Telangana’s innovation ecosystem.

4. Step-by-Step Process to Engage with RICH

Step 1: Identify Your Innovation Area

Visit the official website — www.rich.telangana.gov.in — and explore the various verticals (Health, Agri, Environment, etc.). Identify which domain your startup or research falls into.

Step 2: Register / Submit Proposal

Submit your proposal via RICH’s Innovation Submission Form on the website. Include:

  • Executive summary of your idea or technology.

  • Current stage (idea, prototype, market-ready).

  • Details of your organization / team.

  • Funding requirement and proposed use of funds.

Step 3: Screening & Evaluation

RICH’s expert committee evaluates proposals based on:

  • Innovation and market potential.

  • Technology readiness and scalability.

  • Feasibility of commercialization.

  • Team competence and alignment with RICH objectives.

Step 4: Connection with Ecosystem Partners

Shortlisted startups are mapped to the right incubators, mentors, or investors through RICH’s network.

Step 5: Funding and Support Facilitation

Startups are guided to relevant funding schemes like SISFS, BIG, or venture networks. RICH assists in proposal refinement, documentation, and introductions.

Step 6: Pilot Projects & Commercialization

Once supported, startups can collaborate with RICH’s institutional partners to validate technology, conduct field trials, and launch commercially.

5. Benefits of Association with RICH

✅ End-to-End Innovation Ecosystem
From concept validation to funding facilitation, RICH ensures innovators find the right partners at every stage.

✅ Government Backing
As a Government of Telangana initiative, RICH provides access to policy incentives, schemes, and public-sector pilot projects.

✅ Access to Research Infrastructure
Collaborations with IIT-H, CCMB, NIPER, IIIT-H, and more provide startups access to world-class labs and facilities.

✅ Investor and Industry Connects
RICH bridges innovators with industry stakeholders, CSR funds, and angel networks.

✅ Sector Expertise
Dedicated verticals ensure tailored support in healthcare, agriculture, and sustainability.

✅ Visibility & Brand Advantage
Being associated with RICH boosts credibility with government bodies, investors, and corporate partners.

6. RICH’s Notable Programs and Initiatives

a. Health Innovation Program

In partnership with CCMB and NIMS, this program identifies healthcare startups developing diagnostic devices, AI-based health solutions, and biotech innovations.

b. Agri Innovation Network (AgIN)

Connects agri-research institutions with startups to scale innovations in sustainable farming, food processing, and agri-input technologies.

c. Environment Innovation Vertical

Supports startups working on waste-to-value, renewable energy, and circular economy projects.

d. Innovation Challenges

RICH regularly launches Innovation Challenges inviting solutions for pressing societal issues. Selected startups receive funding facilitation and pilot support.

7. Success Stories & Impact

Since its inception, RICH has played a critical role in transforming Hyderabad into an innovation-driven economy.

🌱 Agritech Success: Startups supported under RICH’s AgIN network have deployed IoT-based farm solutions improving water-use efficiency by 25%.
🧬 HealthTech Innovations: Biomedical startups linked via RICH have developed low-cost diagnostic tools in collaboration with NIMS.
💧 Environment Impact: RICH-enabled clean tech startups have launched waste recycling models adopted by Hyderabad’s municipal bodies.

Through its facilitation, RICH has enabled dozens of startups to secure funding, pilot opportunities, and industry collaborations.

8. Why Choose RICH?

  • Direct access to Telangana’s innovation ecosystem.

  • Acts as a government-backed facilitator for research translation.

  • Strong linkages with academic institutions and incubators.

  • Supports cross-sectoral innovation — not limited to one domain.

  • Provides non-dilutive funding access via government schemes.

  • Focus on impactful, research-led entrepreneurship.

For startups that have strong R&D or institutional roots, RICH is one of India’s most effective bridges between lab to market.

9. Contact Information

📍 Address:
Research and Innovation Circle of Hyderabad (RICH)
Irrum Manzil Colony, Punjagutta, Hyderabad, Telangana – 500082

📧 Email: info@rich.telangana.gov.in
🌐 Website: www.rich.telangana.gov.in
📞 Phone: +91 40 2322 2224

Conclusion

The Research and Innovation Circle of Hyderabad (RICH) is redefining how research becomes entrepreneurship in India. By connecting innovators, institutions, and investors, it ensures that scientific breakthroughs and technological solutions make a real-world difference.

If you are an innovator ready to commercialize your research — or a startup seeking funding and collaboration opportunities — partnering with RICH could be your gateway to growth.

Innovation begins with an idea. Impact begins with the right ecosystem. RICH is where both meet.

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How to Apply for Seed Fund & Incubation at National Design Business Incubator

NDBI

Introduction

In the rapidly evolving startup ecosystem of India, design-driven innovation has emerged as a key differentiator between products that merely function and those that truly transform industries. However, for many early-stage entrepreneurs, access to design expertise, prototyping facilities, mentorship, and seed funding remains a significant challenge.

This is where the National Design Business Incubator (NDBI) at the National Institute of Design (NID), Ahmedabad plays a vital role. Established with support from the Department of Science and Technology (DST), Government of India, NDBI serves as a hub for nurturing design-led startups, empowering them to transform creative concepts into viable, scalable businesses.

If you’re a designer, innovator, or entrepreneur looking to build a business at the intersection of design, technology, and innovation, this guide will help you understand everything about NDBI — its mission, application process, seed funding opportunities, and the immense benefits it offers to design-led ventures.

1. About National Design Business Incubator (NDBI)

The National Design Business Incubator (NDBI) was established in 2005 as part of the National Institute of Design (NID) to promote design-based entrepreneurship in India. Supported by the Department of Science and Technology (DST) under its National Initiative for Design Innovation, NDBI has since evolved into one of India’s premier incubators dedicated to nurturing startups that leverage design thinking and innovation to create meaningful impact.

Vision

To catalyze India’s transition into a design-driven innovation economy by supporting entrepreneurs who integrate design, creativity, and technology to develop products and services with global relevance.

Mission

  • To encourage designers and innovators to translate creative ideas into commercially viable ventures.

  • To provide design mentorship, prototyping support, and business incubation facilities.

  • To foster a community where creativity meets entrepreneurship.

  • To develop India as a hub for design-led startups with global competitiveness.

2. What Makes NDBI Unique

Unlike conventional incubators that focus purely on technology or business, NDBI blends design with entrepreneurship. It helps founders explore how user experience, form, function, and sustainability can be integrated into products and services for better market success.

Key Features

✅ Located within the National Institute of Design (NID) — India’s apex design institute.
✅ Supported by DST and aligned with the Startup India mission.
✅ Offers both Pre-Incubation and Full Incubation Programs.
✅ Provides access to world-class prototyping labs, workshops, and design mentors.
✅ Focuses on industrial design, digital design, sustainability, social innovation, and creative enterprises.
✅ Has incubated over 100+ startups in diverse sectors — from healthcare and fashion to education and mobility.

3. Understanding the NDBI Incubation & Seed Fund Program

NDBI’s incubation model offers two major phases — Pre-Incubation and Incubation — each aimed at helping entrepreneurs progress from concept to commercialization.

Pre-Incubation Program

This stage is ideal for innovators who have an idea or concept but are yet to validate it. NDBI provides design guidance, business mentoring, and helps founders refine their idea into a structured business plan.

Full Incubation Program

Once startups are ready with a validated concept or prototype, they enter the full incubation phase. Here, NDBI provides:

  • Office and workspace within NID’s innovation ecosystem.

  • Mentorship from NID faculty and industry experts.

  • Access to labs and prototyping facilities.

  • Seed funding support for proof-of-concept, testing, or scaling.

  • Investor connect programs and demo days.

4. Funding Support at NDBI

As a recognized incubator under Startup India Seed Fund Scheme (SISFS) and supported by DST, NDBI offers financial assistance to startups in the early stages of their journey.

Funding Structure

  1. Grant Support (up to ₹20 lakhs)
    For idea validation, prototype development, and proof-of-concept.

  2. Investment Support (up to ₹50 lakhs)
    For product development, pilot launches, and market expansion through convertible instruments or equity-based funding.

The disbursement is milestone-based, evaluated by NDBI’s expert Seed Fund Committee.

5. Focus Areas of NDBI

NDBI supports startups across a wide range of sectors, but all share a common thread — design innovation.

Key Focus Sectors

  • Industrial & Product Design

  • UX/UI and Digital Product Design

  • Fashion & Textile Innovation

  • HealthTech & MedTech Devices

  • Sustainability & Circular Economy

  • Social Impact & Inclusive Design

  • Smart Mobility & IoT Solutions

  • Educational & Learning Tools

  • Architecture & Space Design

  • AR/VR and New Media Experiences

This diversity allows startups to work across industries while applying core design principles that enhance usability, desirability, and impact.

6. Eligibility Criteria

To apply for incubation and funding support, startups must meet the following criteria:

✅ Be registered as a Private Limited Company, LLP, or Partnership in India.
✅ Must have DPIIT recognition under Startup India.
✅ Should not be more than 10 years old from the date of incorporation.
✅ Annual turnover should not exceed ₹100 crore.
✅ The idea must be innovation-led and design-centric.
✅ Founders should demonstrate commitment and capacity to build the venture full-time.
✅ Startups should not have received more than ₹10 lakhs under any other SISFS grant.

7. Step-by-Step Application Process

Here’s a detailed roadmap for applying to the National Design Business Incubator (NDBI):

Step 1: Prepare Your Startup Profile

  • Define your problem statement and explain how design plays a key role in your solution.

  • Prepare a concise pitch deck or business plan showing innovation, scalability, and market potential.

  • Gather relevant documents: DPIIT certificate, incorporation details, and founder bios.

Step 2: Visit the SISFS Portal

Register and log in at the Startup India Seed Fund Scheme portal: seedfund.startupindia.gov.in

Step 3: Select NDBI as Incubator

From the list of approved incubators, select National Design Business Incubator (NDBI), Ahmedabad as your preferred incubator.

Step 4: Fill Application Details

Include your product summary, market validation, traction, prototype stage, and funding requirement.

Step 5: Screening & Shortlisting

Your application will be evaluated by NDBI’s expert committee based on innovation, design impact, and feasibility.

Step 6: Pitch Presentation

Shortlisted startups are invited for a pitching session with the selection panel.

Step 7: Onboarding & Funding

Selected startups receive funding support (in tranches) and incubation services under NDBI’s structured program.

8. Key Benefits of Incubating at NDBI

Joining NDBI opens doors to a vibrant ecosystem combining design excellence, entrepreneurship, and innovation.

✅ Design Mentorship

Access to India’s best design mentors and NID faculty who guide you on product design, usability, and aesthetics.

✅ World-Class Prototyping Labs

Use cutting-edge facilities for 3D printing, fabrication, materials testing, and digital prototyping.

✅ Funding & Investor Connect

Opportunities to pitch at demo days, investor meets, and access to DST & SISFS funding.

✅ Networking & Industry Access

Collaborate with corporates, government bodies, and innovation networks to scale faster.

✅ IP & Business Support

Assistance with patents, trademarks, legal structuring, and business compliance.

✅ Visibility & Recognition

Incubated startups gain credibility through NID’s brand and national-level exposure.

9. Success Stories from NDBI

Over the years, NDBI has incubated several startups that have made their mark across India and globally:

🚲 TILT — A sustainable mobility startup that designs smart electric bicycles and urban mobility systems.

🪑 Desmania — Known for innovative industrial design solutions that merge form, function, and usability.

👕 Tuni Textiles — A sustainable fashion startup reviving traditional Indian textiles through contemporary design.

🧠 Brainwired — A design-tech company developing IoT-based cattle health monitoring solutions.

These success stories show how NDBI’s design-driven approach transforms creative ideas into scalable enterprises.

10. Why Choose NDBI?

Here’s why NDBI stands out as a preferred incubator for design-led startups:

✅ Backed by DST and part of NID, India’s top design institute.
✅ Access to world-class design mentors, labs, and industry connections.
✅ Integrated focus on design thinking + business viability.
✅ Recognized under Startup India Seed Fund Scheme.
✅ Track record of nurturing 100+ creative entrepreneurs.

Whether you’re developing a physical product, digital solution, or sustainable innovation, NDBI gives you the tools, network, and credibility to scale.

11. Contact Information

📍 Address:
National Design Business Incubator (NDBI)
National Institute of Design, Paldi, Ahmedabad – 380007, Gujarat, India.

📧 Email: info@ndbiindia.org
🌐 Website: www.ndbiindia.org

Conclusion

The National Design Business Incubator (NDBI) is more than just an incubator — it’s a platform where design meets entrepreneurship to create innovation with impact. For startups that believe in the power of design to solve real-world problems, NDBI offers the perfect ecosystem to validate, build, and scale.

If your startup blends creativity with purpose, it’s time to step into India’s design innovation hub and transform your idea into a thriving business.

🚀 Apply today — and turn your design dream into a sustainable enterprise with NDBI.

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How to Apply for Seed Fund and Incubation at Manipal–Government of Karnataka Bioincubator

MGK Bioincubator

Introduction

India’s biotechnology and life sciences sectors are witnessing an unprecedented wave of innovation — from healthcare diagnostics and medical devices to agri-biotech and bioinformatics. But for most early-stage founders, the challenge isn’t just about having a breakthrough idea; it’s about transforming that idea into a market-ready product.

That’s where the Manipal–Government of Karnataka Bioincubator (MGK Bioincubator) steps in — as a powerful enabler in India’s bio-entrepreneurship ecosystem.

Located within the Manipal Academy of Higher Education (MAHE) campus in Karnataka, this incubator is jointly supported by the Government of Karnataka and Department of Biotechnology (DBT), Government of India, under the Bioincubators Nurturing Entrepreneurship for Scaling Technologies (BioNEST) initiative.

The MGK Bioincubator provides incubation, mentorship, lab facilities, and funding support for early-stage biotech, med-tech, and life sciences startups. If you are an innovator or entrepreneur with a promising biotech idea, this article gives you a step-by-step guide on how to apply for incubation and seed funding at MGK Bioincubator — including eligibility, process, benefits, and success stories.

1. About Manipal–Government of Karnataka Bioincubator (MGK Bioincubator)

Overview

Established through a collaborative effort between Manipal Academy of Higher Education and the Government of Karnataka’s Department of IT, BT and S&T, the MGK Bioincubator aims to provide a world-class ecosystem for bio-entrepreneurs, researchers, and students.

It is strategically located in Manipal, Karnataka — a hub of healthcare education, research, and biotechnology innovation.

The incubator bridges the gap between academic research and commercialization, helping startups bring lab innovations to market efficiently and sustainably.

Vision

To foster a thriving community of biotechnology innovators and entrepreneurs by providing infrastructure, technical guidance, and business mentoring to transform ideas into commercially viable enterprises.

Mission

  • Support early-stage biotechnology startups through incubation, funding, and technical mentorship.

  • Enable commercialization of academic research by providing technology transfer and IP support.

  • Promote entrepreneurship in life sciences, healthcare, and allied fields.

  • Build an ecosystem connecting startups, investors, industry partners, and research institutions.

2. Key Focus Areas of MGK Bioincubator

MGK Bioincubator supports startups working in diverse areas of biotechnology, healthcare, and sustainability. Its key focus domains include:

  • Medical Devices & Diagnostics

  • Pharmaceutical Biotechnology & Drug Discovery

  • Healthcare Technologies (Digital Health, Telemedicine)

  • Agricultural Biotechnology

  • Food and Nutraceuticals

  • Industrial Biotechnology

  • Environmental Biotechnology & Waste Utilization

  • Bioinformatics and AI in Healthcare

This sectoral diversity allows the incubator to support a wide range of innovation-driven ventures — from lab-scale research projects to market-ready biotech products.

3. Facilities & Infrastructure

A key strength of the MGK Bioincubator lies in its state-of-the-art infrastructure, designed to support the entire innovation-to-commercialization journey.

Laboratory Infrastructure

  • Fully equipped wet labs and shared equipment access for molecular biology, cell culture, analytical chemistry, and microbiology.

  • Instrumentation support for sample analysis, testing, and validation.

  • Pilot-scale production and prototyping facilities.

Co-working and Office Space

  • Plug-and-play workspaces and private offices for startups.

  • Access to meeting rooms, conference halls, and presentation spaces.

Business & Legal Support

  • Assistance in company registration, IP filing, regulatory approvals, and compliance.

  • Guidance for grant and fund applications.

Networking & Events

  • Access to national and international conferences, investor pitch days, demo events, and mentorship sessions hosted by MAHE and BioNEST.

4. Funding Support and Incubation Programs

MGK Bioincubator offers multiple programs and financial schemes tailored to different stages of a startup’s lifecycle.

a) BioNEST Seed Fund Support

Through the BIRAC BioNEST program, startups can access seed support for proof-of-concept, prototype development, and scale-up activities.

Funding categories typically include:

  • Idea to Prototype Stage: ₹5–10 lakhs (grant support)

  • Prototype to Commercialization Stage: ₹25–50 lakhs (equity or convertible debt-based funding)

b) Incubation Programs

  1. Pre-Incubation Program:
    For ideation-stage startups or researchers exploring commercial viability. Includes mentoring, proposal development, and training.

  2. Full Incubation Program:
    For startups with a developed prototype or early market traction. Provides infrastructure access, business support, and investor connections.

  3. Virtual Incubation:
    For remote startups who wish to avail mentorship, IP, and funding support without being physically located in Manipal.

c) Government & Partner Schemes

MGK Bioincubator also facilitates access to schemes from BIRAC, DST, DBT, and Karnataka Biotechnology & Information Technology Services (KBITS), including:

  • Biotechnology Ignition Grant (BIG)

  • SEED Fund Scheme

  • Women Bioentrepreneurship Support

5. Eligibility Criteria

To apply for incubation or seed funding at MGK Bioincubator, startups must meet the following criteria:

✅ Must be a registered entity (Private Limited, LLP, or Registered Partnership) under Indian laws.
✅ Should be a DPIIT-recognized startup or in the process of obtaining recognition.
✅ Must have a biotechnology or life sciences innovation — product, process, or service with clear commercialization potential.
✅ The startup should be in the proof-of-concept, prototype, or early commercialization stage.
✅ Preference given to founders with technical background (scientists, engineers, doctors, or researchers).
✅ Startups should be willing to engage actively with the incubation program (physical or virtual).

6. Step-by-Step Application Process

Applying to MGK Bioincubator involves a structured and transparent process. Here’s how to go about it:

Step 1: Prepare Your Proposal

Develop a clear proposal covering:

  • Problem statement

  • Innovative solution

  • Technology readiness level (TRL)

  • Target market and scalability

  • Team background and expertise

  • Funding requirement and utilization plan

Prepare your pitch deck, business plan, and prototype summary before applying.

Step 2: Visit the MGK Bioincubator Website

Go to the official Manipal Bioincubator or BioNEST at MAHE webpage.
Check for open calls for incubation or funding applications.

Step 3: Submit the Application

Fill out the online incubation application form, attaching the following:

  • Company incorporation certificate

  • DPIIT recognition certificate

  • Founders’ KYC (PAN/Aadhaar)

  • Pitch deck or business plan

  • IP or technology ownership declaration

Step 4: Screening & Evaluation

Applications are reviewed by the Incubation Evaluation Committee (IEC), comprising representatives from MAHE, BIRAC, and industry experts.

Evaluation criteria include:

  • Innovation level

  • Feasibility and scalability

  • Founder capability

  • Commercial potential

  • Social or environmental impact

Step 5: Presentation & Interview

Shortlisted startups are invited to present to the selection panel, either online or in person at Manipal.

Step 6: Selection & Onboarding

Selected startups receive a formal Letter of Acceptance (LOA) and are onboarded into incubation.
A customized support plan is designed, including lab access, mentorship sessions, and funding release schedule.

Step 7: Monitoring & Graduation

Regular progress reviews are conducted. Upon meeting milestones, startups graduate from incubation and may be eligible for follow-on funding or industry partnerships.

7. Benefits of Joining MGK Bioincubator

Joining MGK Bioincubator offers access to a comprehensive ecosystem designed to nurture biotech innovation:

✅ Infrastructure Access
Use of cutting-edge labs, shared equipment, and pilot-scale facilities.

✅ Seed Funding & Grants
Access to BIRAC and BioNEST seed funds for prototype and commercialization.

✅ Mentorship & Technical Support
Guidance from MAHE faculty, industry experts, and entrepreneurs in residence.

✅ Investor & Industry Connects
Introductions to biotech investors, corporate partners, and global accelerators.

✅ Regulatory & IP Guidance
Support for IP filing, ethical approvals, and compliance documentation.

✅ Skill Development Workshops
Regular bootcamps on entrepreneurship, financial modeling, and scale-up strategies.

✅ Networking & Visibility
Participation in demo days, conferences, and BioNEST events that increase visibility among potential investors.

8. Success Stories & Impact

MGK Bioincubator has become a breeding ground for successful bio-entrepreneurs in Karnataka.

Some illustrative examples include:

  • MedTech Innovations Pvt. Ltd. – Developed low-cost portable diagnostic devices for rural healthcare.

  • AgroLife Solutions – Focused on sustainable biofertilizers and crop health solutions.

  • BioSyn Labs – Created enzyme-based bioproducts for industrial wastewater management.

  • HealthBridge Diagnostics – Pioneered digital diagnostic kits for point-of-care testing.

Through these ventures, MGK Bioincubator has helped generate employment, patents, and commercialization success stories in the biotechnology sector.

9. Why Choose MGK Bioincubator?

Here’s why bio-entrepreneurs consider MGK one of the best incubation choices in South India:

✅ Academic Strength:
Backed by the globally reputed Manipal Academy of Higher Education — with access to researchers, clinicians, and R&D labs.

✅ Government Collaboration:
Supported jointly by Government of Karnataka and DBT, Government of India, ensuring policy and funding alignment.

✅ End-to-End Support:
From ideation to commercialization — with labs, mentorship, IP, and investor access under one roof.

✅ Regional Advantage:
Located in the heart of Karnataka’s innovation corridor, providing proximity to industries, universities, and investors.

✅ Proven Track Record:
Multiple startups successfully graduated and raised follow-on funding through MGK’s ecosystem.

10. Contact Information

📍 Address:
Manipal–Government of Karnataka Bioincubator
Manipal Academy of Higher Education (MAHE) Campus
Manipal, Udupi District, Karnataka – 576104

📧 Email: bioincubator@manipal.edu
🌐 Website: www.manipal.edu/bioincubator
📞 Phone: +91-820-292-5000

Conclusion

The Manipal–Government of Karnataka Bioincubator (MGK Bioincubator) stands as a model for how academia, government, and industry can collaborate to empower India’s next generation of bio-entrepreneurs.

For innovators in life sciences, health-tech, and agri-biotech, it offers everything you need to bridge the gap between research and market — labs, mentorship, funding, and a thriving ecosystem.

If you’re a startup founder with a promising biotech idea, this is the right time to step forward.
Apply to MGK Bioincubator, access the tools to build, test, and scale — and transform your idea into an innovation that changes lives.

Your journey from lab to market begins here.

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How to Apply for Seed Fund Incubator at SPMVV Society for Innovation Incubation and Entrepreneurship

SPMVV SIIC–TBI

Introduction

India’s entrepreneurial revolution has reached every corner of the nation — and Tirupati has emerged as one of the key innovation hubs in South India. At the heart of this ecosystem stands the SPMVV Society for Innovation Incubation and Entrepreneurship – Technology Business Incubator (SIIC–TBI), a pioneering initiative driven by Sri Padmavati Mahila Visvavidyalayam (SPMVV), one of India’s leading women’s universities.

Supported by the Department of Science and Technology (DST), Ministry of Education, and the Startup India Seed Fund Scheme (SISFS), SPMVV SIIC–TBI plays a vital role in nurturing technology-driven startups — especially those led by women and youth entrepreneurs.

The incubator provides early-stage startups with a unique combination of seed funding, mentorship, workspace, and business development support. Whether you’re an aspiring founder with a prototype or a young innovator looking to scale, SPMVV SIIC–TBI offers the perfect launchpad.

This article explains everything you need to know about how to apply for incubation and seed funding at SPMVV Society for Innovation Incubation and Entrepreneurship — including eligibility, process, benefits, and success stories.

1. About SPMVV SIIC–TBI

The SPMVV Society for Innovation Incubation and Entrepreneurship (SIIC–TBI) was established under the aegis of Sri Padmavati Mahila Visvavidyalayam (Women’s University) in Tirupati, Andhra Pradesh.

It is recognized as one of the leading Technology Business Incubators (TBI) in India under the National Science & Technology Entrepreneurship Development Board (NSTEDB), DST, Government of India.

The incubator’s vision is to empower women entrepreneurs, foster innovation, and create job-generating enterprises in emerging technology sectors.

Vision

To be a centre of excellence that nurtures innovation, entrepreneurship, and inclusive economic development through technology-driven startups, particularly those led by women.

Mission

  • To provide infrastructure and mentorship support for technology-based startups.

  • To promote entrepreneurship among women, students, and rural innovators.

  • To connect academia, industry, and government in building a strong innovation ecosystem.

  • To enable startups to scale through access to funding and market linkages.

Key Highlights

✅ Supported by DST, GoI under NIDHI-TBI initiative.
✅ Recognized under Startup India Seed Fund Scheme (SISFS).
✅ Focus on Women Entrepreneurship and Technology-led Startups.
✅ Over 100+ startups mentored and incubated.
✅ Access to national and international investor networks.
✅ Strategic collaborations with research institutions, corporates, and innovation hubs.

2. Understanding the Seed Fund Program at SPMVV SIIC–TBI

The Seed Fund Program at SPMVV SIIC–TBI is a part of the Startup India Seed Fund Scheme (SISFS). It provides early-stage financial support to startups to help them move from the proof-of-concept stage to commercialization.

This initiative bridges the critical funding gap that many young startups face when trying to validate their ideas and attract investors.

Funding Structure

  1. Grant Support – up to ₹20 Lakhs

    • For proof-of-concept development, prototype building, and product validation.

  2. Investment Support – up to ₹50 Lakhs

    • Offered as debt or convertible instruments for startups ready to commercialize and scale.

The funding is released in stages based on milestone achievements, as decided by the evaluation committee at SPMVV SIIC–TBI.

3. Objectives of the Seed Fund Program

The Seed Fund initiative at SPMVV SIIC–TBI aims to:

  • Encourage women-led and youth-led innovation-driven startups.

  • Support prototype development, testing, and initial commercialization.

  • Build a strong entrepreneurship culture in Tier 2 and Tier 3 cities.

  • Bridge the gap between research and real-world market applications.

  • Foster job creation and inclusive economic growth.

  • Promote technology-based solutions for sustainable development.

4. Eligibility Criteria

To apply for incubation or seed funding at SPMVV SIIC–TBI, startups must meet the following eligibility norms:

✅ DPIIT Recognition:
The startup must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

✅ Legal Entity:
Must be registered as a Private Limited Company, LLP, or Registered Partnership Firm in India.

✅ Startup Age:
Should not be more than 10 years old from the date of incorporation.

✅ Turnover Limit:
Annual turnover should not exceed ₹100 crore in any financial year.

✅ Stage of Development:
Startups must be at the proof-of-concept, prototype, or early commercialization stage.

✅ Innovation Component:
The business idea should be innovative, technology-driven, and have clear market potential.

✅ Funding Status:
Startups that have already received ₹10 lakh or more from SISFS are not eligible.

✅ Special Focus:
Women founders, social enterprises, and startups in sustainability or technology sectors are given preference.

5. Focus Sectors at SPMVV SIIC–TBI

SPMVV SIIC–TBI supports innovation across a broad range of sectors with high potential for growth and social impact.

  • AgriTech & Food Processing

  • HealthTech & BioTech

  • EdTech & FinTech

  • Clean Energy & Renewable Technologies

  • Artificial Intelligence (AI), Machine Learning (ML), and IoT

  • FashionTech & Design Innovation

  • Waste Management & Circular Economy

  • Social Enterprises & Women-Led Startups

This sector diversity enables the incubator to cater to startups from varied domains, offering specialized mentorship and resources for each.

6. Step-by-Step Guide to Apply for Incubation and Seed Funding

Here’s a detailed process to apply for incubation and funding at SPMVV SIIC–TBI:

Step 1: DPIIT Registration

Ensure that your startup is registered and recognized by the DPIIT on the Startup India portal.

Step 2: Apply via SISFS Portal

Visit the Startup India Seed Fund Scheme Portal (seedfund.startupindia.gov.in) and choose SPMVV SIIC–TBI as your preferred incubator.

Step 3: Fill in Application Details

Provide detailed information such as:

  • Startup concept and problem statement.

  • Solution overview and innovation element.

  • Target market and potential customers.

  • Team details and background.

  • Prototype readiness and traction (if any).

  • Financial requirement and funding milestones.

Step 4: Upload Supporting Documents

Attach documents including:

  • Certificate of Incorporation.

  • DPIIT Recognition Certificate.

  • PAN & KYC of founders.

  • Business Plan or Pitch Deck.

  • Financial statements or projections.

Step 5: Screening & Evaluation

Your application will be reviewed by SPMVV SIIC–TBI’s expert committee on parameters like:

  • Novelty and technical feasibility.

  • Market potential and scalability.

  • Team strength and entrepreneurial drive.

  • Societal and environmental impact.

Step 6: Pitching Session

Shortlisted applicants are invited for an in-person or virtual pitch before the Seed Fund Evaluation Committee, which includes industry experts, mentors, and investors.

Step 7: Selection & Onboarding

Selected startups are formally incubated under SPMVV SIIC–TBI and receive funding in tranches, linked to specific milestones.

7. Benefits of Incubation at SPMVV SIIC–TBI

Joining SPMVV SIIC–TBI offers much more than financial assistance. Startups gain access to a holistic ecosystem designed to ensure long-term success.

✅ Seed Funding Support

Access up to ₹50 lakh in financial assistance for prototype development, market validation, and scaling.

✅ Dedicated Mentorship

Get mentored by a network of IIM professors, successful entrepreneurs, and industry veterans.

✅ Co-working Space & Infrastructure

Use fully equipped office spaces, meeting rooms, and testing facilities within the SPMVV campus.

✅ Investor Connect

Access to venture capitalists, angel networks, and corporate investors through curated demo days and networking events.

✅ Skill Development Programs

Participate in entrepreneurship development workshops, accelerator programs, and investor-readiness training.

✅ Women Entrepreneurship Focus

Special initiatives to support and empower women founders, including leadership development and soft-skill programs.

✅ Access to Research & Technology Support

Collaborate with university labs, faculty, and research experts for product development and validation.

✅ Legal, Financial & IP Support

Receive assistance in company registration, intellectual property filing, compliance, and business advisory services.

8. Success Stories from SPMVV SIIC–TBI

Over the years, SPMVV SIIC–TBI has incubated a number of successful startups that are creating real-world impact.

🌾 Farm2Home Solutions – A women-led AgriTech startup connecting local farmers directly to urban consumers, ensuring fair prices and fresh produce.

🧬 BioHerb Remedies – Specializing in herbal nutraceuticals and sustainable healthcare products for women’s wellness.

💡 GreenScape Technologies – Innovating biodegradable packaging solutions for FMCG companies.

🎓 EduGenius – An EdTech platform providing skill-based online courses for women professionals.

These startups not only showcase innovation but also embody the incubator’s mission — turning local ideas into national enterprises.

9. Why Choose SPMVV SIIC–TBI?

Here’s why entrepreneurs and innovators prefer SPMVV SIIC–TBI over other incubators:

✅ Backed by DST, Startup India, and SISFS — ensuring credibility and strong institutional support.
✅ Located within a premier women’s university, fostering inclusive entrepreneurship.
✅ Access to world-class mentorship, academic expertise, and research resources.
✅ Proven track record of nurturing impact-driven, women-led startups.
✅ End-to-end support — from idea validation to market launch and investor connections.

SPMVV SIIC–TBI doesn’t just fund your idea — it builds your entrepreneurial journey.

10. Contact Information

📍 Address:
SPMVV Society for Innovation Incubation and Entrepreneurship (SIIC–TBI),
Sri Padmavati Mahila Visvavidyalayam,
Padmavathi Nagar, Tirupati – 517502,
Andhra Pradesh, India.

📧 Email: siic@spmvv.ac.in
🌐 Website: www.spmvv.ac.in

Conclusion

The SPMVV Society for Innovation Incubation and Entrepreneurship – Technology Business Incubator is not just a platform; it’s a mission to empower innovation, inclusion, and impact.

By combining government support, academic excellence, and entrepreneurial mentorship, SPMVV SIIC–TBI has become a catalyst for women-led startups and technology-driven enterprises across India.

If you’re a founder ready to turn your innovative idea into a viable business, applying for the Seed Fund and Incubation at SPMVV SIIC–TBI could be your defining step towards success.

Because every great enterprise begins with one opportunity — and SPMVV SIIC–TBI ensures you make it happen.

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How to Apply for Seed Fund Incubator at Electropreneur Park, Bhubaneswar

Electropreneur Park, Bhubaneswar

Introduction

India’s startup ecosystem is witnessing unprecedented growth, driven by innovation, digital adoption, and supportive policies. Yet, one of the biggest challenges for early-stage entrepreneurs remains funding and ecosystem support — the gap between ideation and commercialization.

To bridge this critical gap, Electropreneur Park Bhubaneswar was established as a specialized incubation centre focusing on Electronics System Design and Manufacturing (ESDM) startups. It operates under the Software Technology Parks of India (STPI) initiative, supported by the Ministry of Electronics and Information Technology (MeitY), Government of India.

Through its Seed Fund and Incubation Program, the park empowers hardware and electronics startups to move from concept to market-ready products with mentorship, lab access, and early financial assistance.

If you’re a founder working on innovations in electronics, IoT, embedded systems, or similar domains, this guide provides a step-by-step roadmap on how to apply for the Seed Fund Incubation Program at Electropreneur Park, Bhubaneswar — covering eligibility, process, benefits, and success stories.

1. About Electropreneur Park Bhubaneswar

Electropreneur Park Bhubaneswar (EP-BBSR) is a premier incubation facility set up to nurture ESDM startups in Eastern India. It’s a joint initiative by STPI, MeitY, and IIIT Bhubaneswar, serving as a regional hub for innovation, design, and entrepreneurship.

The Park focuses on providing a complete ecosystem for startups — from design and prototyping to commercialization — enabling innovators to transform their hardware ideas into scalable businesses.

Vision

To make Odisha and Eastern India a leading hub for ESDM startups by nurturing technology-driven entrepreneurs who can contribute to India’s self-reliance in electronics manufacturing.

Mission

  • Promote innovation and entrepreneurship in ESDM and allied sectors.

  • Provide incubation, mentorship, and funding for early-stage hardware startups.

  • Create a pipeline of investment-ready ventures contributing to “Make in India” and “Digital India”.

  • Build a strong network connecting academia, industry, and government agencies.

Key Highlights

✅ Established under STPI and supported by MeitY, Government of India.
✅ Located in IIIT Bhubaneswar campus — offering access to labs, research facilities, and mentors.
✅ Focused exclusively on Electronics, IoT, AI, Embedded Systems, and Hardware Product Development.
✅ Equipped with advanced prototyping labs and co-working infrastructure.
✅ Offers Seed Funding up to ₹50 lakhs under the Startup India Seed Fund Scheme (SISFS).

Electropreneur Park Bhubaneswar stands as a critical enabler for founders developing India’s next-generation hardware and electronic solutions.

2. Understanding the Seed Fund Incubation Program

The Seed Fund Program at Electropreneur Park Bhubaneswar operates under the Startup India Seed Fund Scheme (SISFS) — a Government of India initiative to provide early-stage financial support to startups.

Objectives of the Seed Fund Program

  • Support prototype development, product testing, and market entry.

  • Bridge the gap between proof-of-concept and commercialization.

  • Enable early-stage startups to become investor-ready.

  • Encourage ESDM innovation aligned with India’s manufacturing ecosystem.

Funding Components

  1. Grant Support — up to ₹20 lakhs
    For idea validation, prototype development, and testing.

  2. Investment Support — up to ₹50 lakhs
    As debt, equity, or convertible instruments for market entry and commercialization.

This structure allows startups to receive support at both ideation and scaling stages, depending on readiness and milestones achieved.

3. Eligibility Criteria

Before applying, startups must meet both SISFS and Electropreneur Park-specific eligibility norms.

Basic Eligibility

✅ Must be a DPIIT-recognized startup under the Startup India initiative.
✅ Should be incorporated as a Private Limited Company, LLP, or Registered Partnership Firm.
✅ The startup should be less than 10 years old from the date of incorporation.
✅ Annual turnover should not exceed ₹100 crore in any financial year.
✅ Must not have received ₹10 lakh or more under any other SISFS funding earlier.

Program-Specific Eligibility

✅ Startup must operate in Electronics, IoT, Hardware, ESDM, or related technologies.
✅ Must have a proof-of-concept or prototype ready for testing or pilot.
✅ Founder(s) should demonstrate technical expertise and business commitment.
✅ The startup should be willing to incubate physically or virtually at Electropreneur Park Bhubaneswar.

Meeting these criteria ensures that the startup aligns with the incubator’s sectoral focus and can effectively utilize its technical ecosystem.

4. Step-by-Step Application Process

Applying for the seed fund incubation program is straightforward but requires careful preparation.

Here’s a step-by-step breakdown:

Step 1: Register on the SISFS Portal

  • Visit the Startup India Seed Fund Scheme Portal.

  • Log in using your registered Startup India credentials.

  • Ensure your DPIIT recognition is active.

Step 2: Choose Electropreneur Park, Bhubaneswar

  • From the list of approved incubators under SISFS, select Electropreneur Park Bhubaneswar as your preferred incubator.

Step 3: Fill in Application Details

  • Complete the online application with the following details:

    • Problem statement and proposed solution.

    • Market potential and competitive landscape.

    • Founding team profile.

    • Prototype details and current traction.

    • Funding requirement and utilization plan.

Step 4: Upload Required Documents

Attach the following:

  • DPIIT recognition certificate.

  • Certificate of incorporation.

  • Founders’ PAN and KYC details.

  • Business plan / pitch deck.

  • Financial statements (if applicable).

  • Prototype photos, test reports, or PoC validation.

Step 5: Screening & Evaluation

Your application is reviewed by an internal evaluation committee based on:

  • Innovation and uniqueness.

  • Technical feasibility.

  • Market potential.

  • Scalability.

  • Founders’ credibility and execution capability.

Step 6: Pitch Presentation

Shortlisted startups are invited to present before a panel of mentors, investors, and STPI officials. This presentation determines eligibility for funding and incubation.

Step 7: Onboarding and Disbursement

Once selected, startups sign an incubation agreement with Electropreneur Park Bhubaneswar. Funding is released in tranches tied to predefined milestones such as prototype completion, testing, and pilot launch.

5. Benefits of Getting Incubated at Electropreneur Park Bhubaneswar

Getting incubated here is not just about funding — it’s about ecosystem leverage.

Here are the key benefits:

✅ Seed Fund & Financial Support

Early-stage startups can access up to ₹50 lakh under SISFS, enabling them to move from idea to market with strong financial backing.

✅ Advanced Prototyping Facilities

Access to state-of-the-art ESDM and IoT labs, testing equipment, and manufacturing tools within the IIIT Bhubaneswar campus.

✅ Technical Mentorship

Guidance from domain experts, IIM/IIT alumni, and industry leaders specializing in electronics, embedded systems, and hardware design.

✅ Investor & Corporate Access

Startups get connected to angel investors, VCs, and corporate partners through demo days and networking sessions.

✅ Business Support Services

Legal, financial, and IP support to help startups formalize business operations, manage compliance, and protect their innovations.

✅ Academic Collaboration

Collaborations with IIIT Bhubaneswar and STPI enable research access, student collaboration, and technology validation.

✅ Visibility and Recognition

Being incubated under STPI and MeitY gives startups credibility and exposure in government and investor circles.

6. Focus Sectors

Electropreneur Park Bhubaneswar primarily supports startups in the Electronics and Hardware Innovation domains, including:

  • IoT and Embedded Systems

  • Consumer Electronics

  • HealthTech Devices

  • AgriTech Hardware

  • Renewable Energy Solutions

  • Automotive Electronics

  • Wearables and Sensors

  • Robotics and Automation

  • Industrial IoT

This sector-specific focus ensures targeted mentoring, technical assistance, and potential partnerships within relevant industries.

7. Success Stories and Impact

Electropreneur Park Bhubaneswar has supported several promising startups that are redefining India’s hardware and ESDM landscape.

Some notable examples include:

  • EzeRx Health Tech Pvt. Ltd. — A MedTech startup developing non-invasive devices for health monitoring, now scaling globally.

  • Phoenix Robotix Pvt. Ltd. — Known for their IoT-based environmental monitoring solutions.

  • SwitchOn — Working on industrial IoT systems for energy optimization.

These startups highlight the impact of a focused incubator that combines technical support with real-world business mentorship.

The park has so far incubated 50+ startups, many of which have gone on to secure follow-on funding and commercial success, collectively generating employment and driving the “Make in India” mission.

8. Why Choose Electropreneur Park Bhubaneswar

Here’s why this incubator is a standout choice for ESDM founders:

✅ Sector Focus: Exclusive support for electronics, IoT, and hardware startups.
✅ Government Backing: Supported by MeitY and STPI ensures reliability and national-level exposure.
✅ Technical Infrastructure: Access to advanced design, fabrication, and testing facilities.
✅ Strategic Location: Located in Bhubaneswar — a rising technology and education hub.
✅ Holistic Support: Funding, mentorship, networking, and go-to-market assistance — all under one roof.

Whether you’re building the next IoT solution or designing smart energy devices, Electropreneur Park Bhubaneswar provides the platform to scale confidently.

9. Contact Information

📍 Address:
Electropreneur Park Bhubaneswar
IIIT Campus, Gothapatna, Bhubaneswar, Odisha – 751003

📧 Email: info@epbhubaneswar.in
🌐 Website: www.epbhubaneswar.in
📞 Phone: +91-674-2653300

Conclusion

In an era where electronics innovation powers everything — from smart cities to digital health — India’s growth depends on visionary entrepreneurs who can transform ideas into tangible solutions.

Electropreneur Park Bhubaneswar stands as a cornerstone of this mission, helping founders move from concept to commercialization with mentorship, funding, and infrastructure.

If you’re an entrepreneur with a bold idea in electronics or IoT, now is the time to act. Apply for the Seed Fund and Incubation Program at Electropreneur Park Bhubaneswar and take the next step in your startup journey.

Your innovation could be the spark that lights up India’s next big tech revolution.