Catalyst Atal Incubation Centre

Introduction

In today’s India, entrepreneurship is not just about starting a business — it’s about solving deep-rooted problems through innovation, technology, and impact.
And when it comes to inclusive innovation and social entrepreneurship, Catalyst Atal Incubation Centre (Catalyst AIC) stands out as a pioneering hub that blends business with purpose.

Located in Jaipur, Rajasthan, Catalyst AIC is one of the premier incubators supported by Atal Innovation Mission (AIM), NITI Aayog, and hosted by Catalyst Group — known for its work in financial inclusion and rural impact.

The incubator’s mission is to support high-impact startups working in sectors like fintech, livelihood, sustainability, women entrepreneurship, and rural innovation, helping them grow from idea to scale through structured mentoring, funding, and ecosystem access.

If you are an early-stage startup aiming to create inclusive, scalable, and impact-oriented ventures, this detailed guide will walk you through everything — eligibility, benefits, how to apply, and why Catalyst AIC could be the turning point in your entrepreneurial journey.


1. About Catalyst Atal Incubation Centre (Catalyst AIC)

Catalyst AIC was established in 2018 under the Atal Innovation Mission (AIM) of the Government of India, with support from NITI Aayog.

It’s hosted by Catalyst Group, a social enterprise initiative known for driving digital financial inclusion and sustainable development projects across India.

The incubator focuses on nurturing and accelerating early-stage startups working to solve socio-economic challenges — especially in Tier II and Tier III India.

Vision

To create an ecosystem that nurtures and scales inclusive innovations addressing India’s most critical challenges in livelihood, financial access, and sustainability.

Mission

  • To support startups that use technology and design thinking for social impact.

  • To bridge the urban-rural divide through digital and financial inclusion.

  • To provide a platform for innovators to access funding, mentors, and markets.

  • To accelerate women-led and youth-led startups in underserved regions.

Focus Areas

  • FinTech and Digital Payments

  • Agriculture and Rural Livelihoods

  • Sustainability and Circular Economy

  • Skill Development and JobTech

  • Women Entrepreneurship

  • Social Impact and Inclusion


2. Programs and Offerings

Catalyst AIC offers a mix of pre-incubation, incubation, and acceleration programs. Each is tailored for startups at different stages — from idea validation to market expansion.

🌱 Pre-Incubation

For early founders with innovative ideas but no formal business structure.
Focus: Problem validation, prototyping, early mentorship.
Duration: 3–6 months.

🚀 Incubation

For startups with prototypes or early revenue seeking business support and funding access.
Focus: Business model refinement, product-market fit, fundraising.
Duration: 6–12 months.

🌍 Acceleration

For growth-stage startups aiming to scale operations, raise investment, or expand markets.
Focus: Growth strategy, partnerships, investor connects.
Duration: 3–6 months.


3. Seed Fund Support

One of Catalyst AIC’s strongest offerings is access to seed funding through Atal Innovation Mission and partner investors.

💰 Funding Support Includes:

  • Seed fund tickets: ₹10–25 lakhs (typical range) for startups ready to scale.

  • Grant support: Smaller grants for validation and prototype testing.

  • Investor networks: Connect with angel investors, impact funds, and CSR-based programs.

Catalyst AIC also collaborates with government and CSR-led initiatives to support startups working on sustainability, social inclusion, and livelihood impact.


4. Infrastructure and Ecosystem

The Catalyst AIC campus in Jaipur provides world-class facilities for innovation and collaboration:

🏢 Co-working and incubation space — equipped with Wi-Fi, meeting rooms, and prototyping support.
💡 Access to labs and testing facilities — for digital and financial technology validation.
🤝 Mentorship network — includes entrepreneurs, investors, policymakers, and domain experts.
🌐 Corporate and policy linkages — with banks, NBFCs, and government agencies for pilot projects.
🎯 Investor & Demo Days — where startups showcase progress to investors and partners.


5. Eligibility Criteria

Before applying, ensure your startup aligns with Catalyst AIC’s mission and meets these core criteria:

Basic Eligibility

  • Applicant must be an Indian startup or entrepreneur.

  • Must have a valid DPIIT Startup India registration (or in process).

  • Startup should be less than 10 years old since incorporation.

  • Business must be working in innovation-led or impact-oriented sectors.

Preferred Startup Profiles

  • Social enterprises or for-profit startups working on financial inclusion, livelihood, or sustainability.

  • Startups with validated ideas, prototypes, or early traction.

  • Founders passionate about solving rural or inclusion-based challenges.

  • Women-led or youth-led startups are encouraged to apply.


6. Step-by-Step Application Process

Here’s how you can apply for incubation or seed fund support at Catalyst AIC:

Step 1: Visit the Official Website

Go to www.catalystaic.org.
Navigate to the “Programs” or “Apply” section.

Step 2: Choose Your Program

Select from pre-incubation, incubation, or acceleration based on your stage.
Check for any open call for applications or cohorts.

Step 3: Fill the Application Form

Provide detailed startup information:

  • Problem statement and solution

  • Founding team background

  • Product/market traction

  • Funding requirement and milestones

Step 4: Upload Supporting Documents

  • DPIIT certificate

  • Incorporation documents

  • Pitch deck or business plan

  • Financial summary (if available)

Step 5: Screening and Shortlisting

A selection panel reviews applications based on innovation, scalability, and social impact.

Step 6: Pitch Round

Shortlisted founders present their startup to the Catalyst AIC selection committee.
Pitch includes business viability, team, traction, and use of funds.

Step 7: Onboarding and Support

Selected startups are incubated for 6–12 months. They gain access to:

  • Mentorship

  • Co-working space

  • Funding and partnerships

  • Pilot opportunities

Step 8: Graduation

After completing milestones, startups graduate with investor introductions and long-term network support.


7. Benefits of Getting Incubated at Catalyst AIC

Catalyst AIC provides an end-to-end support system that goes beyond funding.

Seed & Grant Funding

Access to AIM-supported and CSR-based funds for prototype and scale-up.

Business Mentorship

Industry experts and ISB/IIM alumni guide startups on growth strategy, marketing, and operations.

Access to Markets

Partnerships with financial institutions, corporates, and government programs for pilot testing and distribution.

Investor Network

Connect with impact investors, venture capitalists, and angel networks.

Brand Credibility

Being incubated under the Atal Innovation Mission (AIM, NITI Aayog) adds immense credibility to your startup.

Knowledge Resources

Regular workshops on legal, fundraising, IP, marketing, and digital growth.

Community and Collaboration

Access to a vibrant founder community building for Bharat’s next billion users.


8. Key Impact and Success Stories

Catalyst AIC has supported 150+ startups and helped mobilize over ₹40 crores in follow-on funding.

Some of the standout startups include:

  • Fintech startups building last-mile digital payment systems for rural India.

  • Agri-livelihood startups enabling farmer collectives and cooperatives.

  • Women-led social enterprises offering employment to rural artisans.

Through its impact-driven programs, Catalyst AIC has created thousands of rural livelihood opportunities, empowering both entrepreneurs and communities.


9. Why Choose Catalyst AIC

Catalyst AIC isn’t just an incubator — it’s a movement of inclusive entrepreneurship.
Here’s why it’s a top choice for founders:

  • Strong backing from Atal Innovation Mission (Government of India).

  • Focus on social impact and financial inclusion — unique in India’s incubator ecosystem.

  • Deep network across government, finance, and development sectors.

  • Access to both seed capital and real-world pilots.

  • Mentorship from domain experts in fintech, sustainability, and rural innovation.

  • Located in Jaipur, a growing hub for social startups in North India.

If your idea is built to impact lives while building a business — Catalyst AIC gives you the ecosystem to make it happen.


10. Contact Information

📍 Address:
Catalyst AIC
G1-G4, Ajmer Road, Jaipur, Rajasthan – 302021

📧 Email: info@catalystaic.org
🌐 Website: www.catalystaic.org
📞 Phone: +91-XXXXXXXXXX


Conclusion

The Catalyst Atal Incubation Centre is redefining how India supports impact-led innovation. It empowers startups that are building for inclusion — combining technology, social purpose, and business acumen.

If your venture is driven by purpose, Catalyst AIC offers the funding, mentorship, and partnerships to help you grow sustainably and make measurable change.

So if you’ve been waiting for the right ecosystem to turn your vision into action, Catalyst AIC might just be that launchpad.

Because building for India’s future starts with building for everyone. 🌍💡

Foundation for Make It Happen Seed Fund

Introduction

In today’s world of fast-paced innovation, turning an idea into a business takes more than vision — it takes resources, mentorship, and an ecosystem that believes in your potential. While India’s startup ecosystem continues to thrive, the gap between ideation and execution still challenges many young innovators.

Bridging that gap is the Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation, a pioneering hub designed to empower innovators, students, and early-stage entrepreneurs to build scalable, high-impact ventures.

Supported by the Startup India Seed Fund Scheme (SISFS) and backed by the Atal Innovation Mission (AIM) under NITI Aayog, this centre has become a beacon of innovation — nurturing ideas that are transforming industries across India.

In this article, we’ll walk you through everything you need to know about how to apply for the seed fund incubator at the Foundation for Make It Happen, including its vision, eligibility criteria, application process, benefits, and success stories.


1. About Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation

The Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation (AIC-MIH) is a startup incubation and innovation support centre that works to create a vibrant ecosystem for technology-driven entrepreneurship.

The Centre focuses on promoting innovation in Artificial Intelligence, IoT, robotics, clean energy, healthcare technology, and digital transformation. Its goal is simple yet ambitious — to help innovators “make it happen” by converting research-driven ideas into viable products and profitable businesses.

Vision

To create a sustainable, inclusive ecosystem that encourages and supports the creation of technology-led startups capable of driving India’s innovation economy.

Mission

  • To identify and nurture early-stage entrepreneurs through structured incubation support.

  • To provide funding, mentorship, and business development guidance.

  • To bridge the gap between academia, industry, and the startup community.

  • To promote responsible innovation that delivers real social and economic value.

Key Highlights

✅ Recognized under the Startup India Seed Fund Scheme (SISFS).
✅ Focused on AI, Robotics, IoT, Cleantech, HealthTech, and Agritech.
✅ Mentorship from AI scientists, startup founders, and investors.
✅ Access to prototyping labs, testing facilities, and co-working spaces.
✅ Collaboration with top universities and corporate innovation programs.

The Foundation for Make It Happen is not just an incubator — it’s a movement designed to fuel the imagination and determination of India’s next generation of innovators.


2. Understanding the Seed Fund Program at AIC-MIH

The Seed Fund Program at AIC-MIH is part of the Startup India Seed Fund Scheme (SISFS), launched by the Government of India to empower startups during their most critical stage — the early phase between ideation and proof of concept.

This program provides both financial assistance and incubation support to startups with high potential for innovation, scalability, and impact.

Funding Structure

The AIC-MIH Seed Fund is divided into two key categories:

  • 💰 Grant Support (up to ₹20 lakhs):
    For prototype development, product trials, or proof of concept.

  • 💼 Investment Support (up to ₹50 lakhs):
    As debt or convertible instruments for product commercialization, market expansion, or scaling operations.

This dual structure ensures that startups can move from prototype to market-ready product with the necessary financial and strategic support.


3. Objectives of the Program

The Seed Fund Program at the Foundation for Make It Happen is designed to:

  • Encourage AI-driven and technology-led innovation among Indian entrepreneurs.

  • Provide financial assistance for early-stage startups to build prototypes or pilot projects.

  • Facilitate collaborations between academia, corporates, and government agencies.

  • Strengthen India’s position as a global innovation hub.

  • Create employment and promote economic self-reliance through startup growth.


4. Eligibility Criteria for Startups

Before applying for the AIC-MIH Seed Fund, startups must meet specific eligibility conditions defined by Startup India and DPIIT:

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

Legal Entity:
Must be a Private Limited Company, LLP, or Registered Partnership Firm.

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

Turnover:
The startup’s annual turnover should not exceed ₹100 crore in any financial year.

Innovation Requirement:
The startup should be working on a product or solution that involves innovation, technology, or scalability.

No Prior Seed Fund:
Startups that have already received ₹10 lakh or more under the SISFS are not eligible.


5. Focus Areas Supported by AIC-MIH

The Foundation for Make It Happen supports a broad spectrum of startups, with a focus on innovation and societal impact.

Some of the key focus areas include:

  • 🤖 Artificial Intelligence & Machine Learning

  • 🌾 Agritech & Food Innovation

  • 🏥 HealthTech & BioTech Solutions

  • 🌿 CleanTech & Sustainability

  • 📱 IoT, Robotics & Automation

  • 💻 SaaS, DeepTech & Industry 4.0

  • 🧬 EdTech & SkillTech Platforms

By nurturing startups in these fields, AIC-MIH contributes directly to India’s goal of becoming a $5 trillion innovation-driven economy.


6. Step-by-Step Process to Apply for the Seed Fund

Here’s your roadmap to applying for the Seed Fund at the Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation:

Step 1: Register on the SISFS Portal

  • Visit the official Startup India Seed Fund Portal: seedfund.startupindia.gov.in

  • Create your profile and ensure DPIIT registration is complete.

Step 2: Select AIC-MIH as Your Preferred Incubator

  • From the incubator list, choose “Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation.”

Step 3: Complete Your Application

  • Fill in details such as:

    • Problem statement and innovation

    • Market opportunity

    • Business model

    • Team structure

    • Funding requirement and utilization plan

Step 4: Upload Documents

Required documents include:

  • Certificate of Incorporation

  • DPIIT Certificate

  • Founders’ KYC (PAN/Aadhaar)

  • Business Plan / Pitch Deck

  • Financials or traction proof (if available)

  • Product prototype photos or demo links

Step 5: Screening & Evaluation

Applications are evaluated by the Seed Fund Evaluation Committee, based on:

  • Innovation and scalability

  • Technical and market feasibility

  • Team competence

  • Social and commercial impact

Step 6: Pitching Round

Shortlisted startups are invited for a pitch presentation before a panel of experts, investors, and mentors.

Step 7: Selection & Onboarding

Selected startups are incubated at AIC-MIH, receive funding in stages, and gain access to mentorship, co-working, and prototyping facilities.


7. Benefits of Joining Foundation for Make It Happen

Joining AIC-MIH means joining a mission-driven innovation community. Here’s what startups gain:

Funding Support:
Get access to up to ₹50 lakhs in grants or convertible debt.

Mentorship Access:
Connect with top mentors in AI, robotics, SaaS, and sustainability.

Research Collaboration:
Leverage partnerships with AI labs, universities, and corporates.

Infrastructure & Labs:
Access to hardware testing, prototyping tools, and data-driven facilities.

Market & Investor Linkages:
Pitch to angel investors, venture funds, and corporate partners.

Capacity Building:
Training, bootcamps, and leadership programs for founders.

Brand Credibility:
Being incubated under SISFS and AIM adds validation and visibility.


8. Success Stories

Several startups nurtured under the Foundation for Make It Happen have created measurable impact:

🌾 AgroAI: Developing AI-driven soil analytics tools for precision agriculture.
🏥 MediPulse: AI-powered predictive diagnostics platform for rural healthcare.
GreenBot: Robotics-based clean energy management system.
📚 SkillNova: AI-led personalized learning platform.

These examples prove that with the right incubation and funding, innovation can truly drive transformation.


9. Why Choose Foundation for Make It Happen?

Here’s what sets AIC-MIH apart from other incubators:

✅ Aligned with national innovation programs like AIM, SISFS, and DPIIT.
✅ Deep focus on AI and emerging technologies.
✅ Access to cross-sector collaboration between academia and industry.
✅ Comprehensive support from ideation to scale-up.
✅ Proven record of turning ideas into impactful startups.

If you want an incubator that combines innovation, funding, mentorship, and global visibility, AIC-MIH is the right place to begin.


10. Contact Information

📍 Address:
Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation
[Insert official location if available]

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


Conclusion

The Foundation for Make It Happen — AI Centre for Invention, Innovation & Incubation is more than a startup incubator — it’s an ecosystem where vision meets execution.

By empowering entrepreneurs with funding, mentorship, and access to AI-driven innovation infrastructure, AIC-MIH has become a trusted partner for early-stage founders looking to make real-world impact.

So, if you have a bold idea waiting to be built — don’t wait. Apply today for the Seed Fund at AIC-MIH and take your first step towards making it happen.

GTU Innovation

Introduction

In India’s growing startup ecosystem, every great idea deserves the right environment to flourish. However, many aspiring entrepreneurs often struggle to find the right direction, mentorship, and funding to transform their innovative ideas into sustainable ventures. Bridging this crucial gap between academia, innovation, and entrepreneurship is the GTU Innovation and Start-up Center (GISC) — an initiative by Gujarat Technological University (GTU).

The GISC aims to nurture a vibrant ecosystem that encourages students, innovators, and early-stage entrepreneurs to develop impactful solutions. Through its seed funding, incubation, and mentoring programs, it provides the foundation young founders need to turn their concepts into scalable businesses.

If you’re an aspiring entrepreneur or a student innovator looking to transform your idea into a real venture, this guide will help you understand everything about GISC’s seed fund incubation program — including eligibility, how to apply, the benefits, and why it could be the stepping stone to your startup journey.


1. About GTU Innovation and Start-up Center (GISC)

The GTU Innovation and Start-up Center is a flagship initiative by Gujarat Technological University, established to promote innovation, entrepreneurship, and research-driven startups among its students and affiliated institutions.

The center acts as a catalyst that connects academia, industry, and government stakeholders to create a holistic innovation ecosystem. It is designed to assist early-stage entrepreneurs — from ideation to commercialization.

Vision

To create a thriving startup ecosystem within GTU by fostering innovation, creativity, and entrepreneurship among students, faculty, and alumni.

Mission

  • To identify and nurture innovative ideas from students and researchers.

  • To provide incubation support, mentorship, and funding opportunities.

  • To develop a culture of entrepreneurship within the university.

  • To connect startups with industry experts, mentors, and investors for business growth.

Key Features

  • State-of-the-art incubation infrastructure.

  • Seed funding and financial support.

  • Regular entrepreneurship boot camps, hackathons, and ideation workshops.

  • Networking opportunities with industry leaders, mentors, and venture capitalists.

  • Access to government startup schemes and funding programs such as Startup India and MSME Innovation Grants.


2. The Role of GISC in Gujarat’s Startup Ecosystem

GISC plays a crucial role in nurturing Gujarat’s growing startup community. Being a state with one of India’s strongest industrial bases, Gujarat offers excellent potential for startups across manufacturing, renewable energy, agritech, healthtech, and digital technologies.

By building bridges between academic innovation and industry application, GISC empowers young minds to transform their classroom research into viable, market-ready products.

Some Notable Focus Areas:

  • Artificial Intelligence (AI) and Machine Learning

  • Clean and Renewable Energy

  • Smart Manufacturing

  • Biotechnology and Healthcare

  • Internet of Things (IoT)

  • Robotics and Automation

  • Social Impact Innovations

Through its various programs, GISC ensures that innovators get not only technical guidance but also the business acumen needed to build sustainable ventures.


3. Understanding the Seed Fund / Incubation Program

The Seed Fund and Incubation Program at GISC is one of its most impactful initiatives. It aims to help startups move from prototype to product stage by offering financial support, mentorship, and industry connections.

Objectives of the Program

  • To support early-stage startups in validating and scaling their ideas.

  • To provide seed funding for prototype development, testing, and go-to-market strategies.

  • To build capacity through structured mentoring and business development support.

Program Offerings

  • Seed Fund Assistance: Financial aid to develop prototypes, conduct pilots, and validate products in the market.

  • Mentorship: Access to a pool of experienced mentors from academia and industry.

  • Workspace: Co-working spaces, labs, and infrastructure support at GTU’s incubation center.

  • Networking Opportunities: Meet investors, corporate partners, and industry experts.

  • Capacity Building: Workshops and training programs on entrepreneurship, product design, business planning, and fundraising.


4. Eligibility Criteria

Before applying for incubation or seed funding at GISC, applicants must ensure they meet the following criteria:

  1. Startup Stage:
    The program is designed for early-stage startups — typically those in the prototype, validation, or early revenue phase.

  2. Legal Entity:
    The startup should be registered as a Private Limited Company, LLP, or Registered Partnership.

  3. DPIIT Recognition:
    Preference is given to startups recognized under the Startup India scheme.

  4. Innovation Focus:
    The idea should be innovative, technology-driven, and capable of addressing a market or social problem.

  5. Team Readiness:
    Founders must show strong commitment, domain knowledge, and a clear roadmap for execution.

  6. Sectoral Fit:
    Startups from sectors like agritech, manufacturing, edtech, fintech, cleantech, and healthcare are encouraged.


5. Step-by-Step Application Process

Applying for GISC’s seed fund or incubation program involves a few simple steps:

Step 1: Explore Open Calls

Visit the official GTU Innovation and Start-up Center website (https://startup.gtu.ac.in).
Check for open calls for incubation or funding support.

Step 2: Prepare Your Application

  • Create a detailed pitch deck covering problem statement, solution, market potential, revenue model, and traction.

  • Prepare supporting documents such as startup registration certificate, founders’ KYC, and financial statements (if available).

Step 3: Fill the Online Form

Submit your application through the online portal.
Include all mandatory details and upload the necessary documents.

Step 4: Evaluation Process

Applications are screened based on innovation, scalability, and team capability. Shortlisted startups may be invited for a presentation or interview before an expert panel.

Step 5: Selection & Onboarding

Selected startups are onboarded into the incubation program.
They receive access to funding, mentoring, and infrastructure support.

Step 6: Review and Growth Support

Regular performance reviews help startups track their milestones and growth metrics.
Post-incubation, GISC continues to assist in investor connects and advanced funding opportunities.


6. Benefits of Joining GISC

Being incubated at GTU’s startup center comes with multiple tangible and intangible benefits.

1. Financial Support

Seed funding for prototype development, MVP creation, and product-market validation.

2. World-Class Mentorship

Guidance from industry leaders, serial entrepreneurs, and GTU faculty.

3. Infrastructure Access

Fully equipped labs, co-working spaces, and innovation labs for R&D.

4. Government Linkages

Easy access to state and national-level startup grants and incentive schemes.

5. Investor Networking

Regular demo days and investor meet-ups to connect with venture capitalists and angel investors.

6. Training & Capacity Building

Boot camps and masterclasses on marketing, IP, fundraising, and scaling operations.

7. Market Access

Collaborations with industries in Gujarat and beyond for pilot projects and product testing.

8. Continued Support

Even post-incubation, GISC provides continued guidance to help startups scale sustainably.


7. Success Stories

Over the years, several student-led startups have emerged successfully from GTU’s incubation ecosystem. These ventures have gone on to raise funding, create jobs, and contribute to India’s innovation landscape.

While specific examples evolve with each cohort, the center’s impact can be seen through:

  • Dozens of startups successfully launched through GTU’s seed support.

  • Partnerships with industry leaders and government departments.

  • Collaborations with research institutions for technology transfer.

These stories are proof that with the right support system, innovation can emerge from any classroom or lab.


8. Why Choose GTU Innovation and Start-up Center?

GISC stands out because it combines academic credibility, industry expertise, and entrepreneurial guidance.

Here’s why it’s a smart choice:

  • Backed by one of Gujarat’s premier technical universities.

  • Offers end-to-end support from idea validation to investor readiness.

  • Focuses on innovation-driven and technology-led startups.

  • Provides financial assistance along with mentoring and infrastructure.

  • Connects startups to a statewide network of industries and investors.


9. Contact Information

📍 Address:
GTU Innovation and Start-up Center
Gujarat Technological University, Chandkheda, Ahmedabad – 382424, Gujarat

📧 Email: info@startup.gtu.ac.in
🌐 Website: https://startup.gtu.ac.in


Conclusion

Innovation is not just about ideas — it’s about execution. The GTU Innovation and Start-up Center (GISC) empowers young innovators to take that crucial step from ideation to implementation. By offering seed funding, mentorship, infrastructure, and access to investors, it ensures that startups not only survive but thrive.

For students, researchers, or entrepreneurs in Gujarat with bold ideas and the drive to make an impact, GISC offers the right blend of support, structure, and opportunity.

If your startup journey is waiting to begin — this is where it could take off.

BITS Goa

Introduction

In India’s growing entrepreneurial ecosystem, innovation has become the new currency of progress. From artificial intelligence to sustainable energy and deep tech, thousands of young founders are building ideas that have the potential to transform industries. Yet, for most entrepreneurs, the toughest challenge remains — getting that first support system that turns an idea into a real business.

That’s where BITS Goa Innovation, Incubation & Entrepreneurship Society (BGIIES) steps in.

Set up under the aegis of the Birla Institute of Technology and Science (BITS) Pilani – K.K. Birla Goa Campus, BGIIES serves as a dynamic innovation hub designed to nurture research-backed, technology-driven, and scalable startups.

This article provides a complete roadmap on how to apply for the Seed Fund Incubator at BGIIES — including eligibility, the application process, benefits, focus sectors, and why it’s one of the most promising startup launchpads in Western India.


1. About BITS Goa Innovation, Incubation & Entrepreneurship Society (BGIIES)

The BITS Goa Innovation, Incubation & Entrepreneurship Society, commonly known as BGIIES, is a not-for-profit Section 8 company established by BITS Pilani, K.K. Birla Goa Campus.

It was launched to promote a culture of innovation, research translation, and entrepreneurship within and beyond the academic community. BGIIES bridges the gap between cutting-edge research and market-ready solutions — enabling students, alumni, researchers, and innovators to transform their ideas into sustainable startups.

Vision

To become a leading university-based innovation ecosystem that accelerates technology entrepreneurship, fosters societal impact, and drives regional economic development.

Mission

  • To support research-driven startups with incubation and funding.

  • To nurture innovation through mentorship, networking, and infrastructure.

  • To promote technology transfer and commercialization.

  • To foster a culture of entrepreneurship among students, alumni, and researchers.

Core Values

  • Innovation-led development

  • Collaboration between academia and industry

  • Ethical entrepreneurship

  • Sustainable and scalable growth


2. The Role of the Seed Fund Incubator

The Seed Fund Incubator at BGIIES is a flagship initiative that empowers startups at the idea, prototype, or early revenue stage with both financial and non-financial support.

Through this program, BGIIES aims to bridge the gap between concept validation and commercial success — the crucial early phase where most startups struggle due to lack of funds or mentorship.

Key Objectives of the Seed Fund Program:

  • Support idea-stage startups to develop prototypes or minimum viable products (MVPs).

  • Enable early-stage startups to validate markets and secure their first customers.

  • Build investment-ready startups with strong business foundations.

  • Encourage student and faculty entrepreneurship from the BITS ecosystem.

Program Components:

  1. Seed Funding Assistance – Typically ₹10–₹25 lakhs depending on the stage and need.

  2. Incubation Support – Physical or virtual incubation facilities at the BITS Goa campus.

  3. Mentorship & Advisory – Regular interaction with mentors, industry experts, and investors.

  4. Networking Access – Exposure to corporate partners, government agencies, and VCs.

  5. Technical Infrastructure – Access to university labs, research centers, and co-working spaces.


3. Eligibility Criteria

Before applying for the Seed Fund Incubator at BGIIES, ensure your startup aligns with its eligibility framework.

Basic Eligibility

  • The startup must be DPIIT-recognized or eligible for registration.

  • It should be a Private Limited Company, LLP, or Registered Partnership.

  • Startup age should be less than 10 years from the date of incorporation.

  • Annual turnover must not exceed ₹100 crore in any preceding financial year.

  • The business idea must demonstrate innovation, technology application, and scalability.

Additional Criteria (BGIIES-specific)

  • Preference to startups promoted by BITS Pilani alumni, faculty, or students.

  • Startups addressing areas of societal or environmental importance.

  • Ventures developing deep-tech, AI, IoT, or sustainability-focused solutions.

  • Teams demonstrating strong execution capability and commitment.


4. Focus Sectors

While BGIIES is sector-agnostic, it emphasizes technology-driven and research-oriented innovations.
Some of its focus domains include:

  • HealthTech & MedTech

  • AgriTech & Food Processing

  • CleanTech & Renewable Energy

  • AI, ML, and Data Analytics

  • IoT, Robotics, and Automation

  • EdTech & DeepTech

  • Smart Cities & Mobility Solutions

  • Blue Economy & Marine Innovation (given Goa’s geography)


5. Step-by-Step Guide to Apply for the Seed Fund Incubator

Here’s a structured roadmap for founders looking to apply to the BGIIES Seed Fund Incubator:

Step 1: Explore Programs and Announcements

Visit the official website of BITS Goa Innovation, Incubation & Entrepreneurship Society (BGIIES) and navigate to the Programs or Apply section.
Look for open calls under “Incubation,” “Seed Fund,” or “Startup Support.”

Step 2: Prepare Your Application Materials

You’ll need:

  • Startup pitch deck (problem, solution, target audience, business model).

  • Prototype or MVP details.

  • Market validation data or pilot results (if available).

  • Founding team bios and expertise.

  • Financial projections for 1–3 years.

  • DPIIT registration certificate and Company Incorporation document.

Step 3: Fill Out the Application Form

Submit the online form with accurate information about your product, team, funding needs, and milestones.

Step 4: Shortlisting & Screening

Applications are screened based on:

  • Innovation quotient

  • Scalability and feasibility

  • Team strength

  • Market readiness

Shortlisted startups are notified via email.

Step 5: Pitch Presentation

Selected startups are invited to present their ideas before an Evaluation Committee comprising investors, mentors, and domain experts.

Step 6: Selection & Onboarding

Successful applicants receive an official acceptance letter and sign an Incubation Agreement outlining funding structure, milestones, and support terms.

Step 7: Seed Fund Disbursement & Mentorship

Funding is released in stages as startups achieve predefined goals (e.g., prototype completion, pilot validation).
Regular mentoring sessions, networking events, and progress reviews help startups stay on track.

Step 8: Graduation & Investor Demo Day

Upon successful completion, startups “graduate” from the incubator and may pitch for follow-on investment from angel investors or VCs associated with BGIIES.


6. Benefits of Getting Incubated at BGIIES

Choosing BITS Goa Innovation, Incubation & Entrepreneurship Society offers multiple strategic advantages:

1. Access to Seed Capital

Seed funding of up to ₹25 lakh helps early-stage ventures move beyond idea validation into real market testing.

2. Premier Infrastructure

Located on the BITS Goa campus, startups enjoy access to labs, co-working spaces, and university research facilities.

3. Academic-Industry Synergy

Collaborate with researchers and professors to refine technology while connecting with corporates for pilot deployments.

4. Expert Mentorship

Mentors from academia, BITS alumni entrepreneurs, and industry professionals guide startups on business strategy and growth.

5. Networking & Market Linkages

Gain visibility through demo days, investor meetups, and corporate challenges.

6. Brand Credibility

Association with the BITS Pilani ecosystem boosts startup credibility, making it easier to attract investors and clients.

7. Long-Term Ecosystem Support

Even after incubation, startups continue to receive networking and knowledge access through BGIIES’s alumni community.


7. Success Stories & Impact

Over the years, BGIIES has supported several startups that began as university projects and evolved into full-fledged businesses.

Some notable examples include:

  • Tech-driven renewable startups focusing on sustainable ocean energy.

  • AI-powered logistics solutions that optimize supply chains.

  • EdTech startups that emerged from BITS student projects and scaled globally.

Through these ventures, BGIIES has helped create employment, innovation pipelines, and investment-ready companies from the academic ecosystem.


8. Why Choose BGIIES?

Here’s why the BITS Goa Innovation, Incubation & Entrepreneurship Society stands out among India’s top university incubators:

  • Part of the renowned BITS Pilani legacy.

  • Proven track record in promoting deep-tech and research-led ventures.

  • Strategic location near Goa’s emerging innovation corridor.

  • Strong ties with industry partners, alumni networks, and investors.

  • Focus on sustainable and technology-driven solutions.

  • A nurturing yet result-driven environment for founders.


9. Contact Information

📍 Address:
BITS Goa Innovation, Incubation & Entrepreneurship Society (BGIIES)
BITS Pilani, K.K. Birla Goa Campus
NH-17B, Zuarinagar, Sancoale, Goa – 403726

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


10. Conclusion

For every visionary entrepreneur, the path from concept to company is full of uncertainties. But with the right incubator — one that blends funding, mentorship, and ecosystem access — the journey becomes achievable.

The BITS Goa Innovation, Incubation & Entrepreneurship Society stands as a powerful enabler for startups seeking to make real-world impact through technology. Its Seed Fund Incubator is not just about financial support but about fostering an environment where ideas thrive, teams grow, and innovations reach the market.

If you are ready to take your idea beyond the drawing board and transform it into a scalable enterprise, BGIIES could be your perfect starting point.

SPPU Research Park

Introduction

In the ever-evolving startup landscape of India, innovation has become the lifeblood of economic growth. From technology-driven solutions to sustainable enterprises, entrepreneurs today are leading the change. But the journey from a brilliant idea to a market-ready business requires more than just creativity — it needs guidance, resources, and funding at the right time.

That’s where incubators like SPPU Research Park Foundation (SPPU-RPF) step in — bridging the gap between research, innovation, and entrepreneurship. Based at the Savitribai Phule Pune University (SPPU), this foundation is designed to nurture technology-based startups, offering them not only infrastructure but also access to mentorship, funding, and a thriving ecosystem of academia and industry.

This article is a complete guide for startup founders on how to apply for the Seed Fund Incubation Program at SPPU Research Park Foundation, along with eligibility, benefits, process, and practical tips to make your application stand out.


1. About SPPU Research Park Foundation

The SPPU Research Park Foundation is a not-for-profit Section 8 company established under the aegis of Savitribai Phule Pune University, one of India’s most prestigious educational institutions.

It acts as a link between academic research and commercial application, encouraging students, researchers, and entrepreneurs to convert their innovations into scalable businesses.

With a vision to strengthen India’s innovation ecosystem, SPPU-RPF facilitates research commercialization, startup incubation, and industry-academia collaboration.

Vision

To create a world-class research and innovation hub that promotes entrepreneurship, technological development, and job creation through effective incubation and seed funding.

Mission

  • Support startups with seed fund assistance and mentorship.

  • Build an ecosystem where research-driven ideas can turn into viable products.

  • Foster partnerships between universities, industries, and investors.

  • Drive innovation that contributes to national economic growth.

Core Objectives

  • Enable access to seed funding and infrastructure for early-stage entrepreneurs.

  • Provide domain-specific mentoring and business development support.

  • Encourage faculty-led and student-led startups from within the university ecosystem.

  • Facilitate technology transfer and commercialization.


2. Understanding the Seed Fund Incubation Program

The Seed Fund Program at SPPU Research Park Foundation is a key initiative that helps early-stage startups bridge the gap between proof of concept (PoC) and commercial readiness.

The support focuses on helping founders develop prototypes, validate markets, and scale operations.

Key Components of the Program

  • Seed Funding: Early-stage startups receive financial assistance (usually ₹5–₹25 lakhs) depending on their stage and requirement.

  • Incubation Support: Startups gain access to co-working space, mentorship, and industry networks.

  • Mentorship: Access to domain experts, entrepreneurs, and investors who guide startups in technology validation and business scaling.

  • Networking & Market Access: Connects startups with corporate partners, investors, and government bodies.

  • Training and Workshops: Specialized programs on business model innovation, legal compliance, fundraising, and leadership.

Objectives of the Seed Fund Program

  • Help startups cross the “Valley of Death” — the critical stage between prototype and commercialization.

  • Encourage innovation-led entrepreneurship in technology and science.

  • Support startups with potential for job creation and social impact.

  • Create successful case studies that can inspire new ventures in academia.


3. Eligibility Criteria

Before applying, startups must ensure they meet SPPU-RPF’s eligibility conditions.

Basic Eligibility

  • Startup Recognition: Must be a DPIIT-recognized startup or eligible for registration.

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

  • Startup Age: Not more than 10 years from the date of incorporation.

  • Turnover: Annual turnover should be less than ₹100 crore.

  • Innovation: The product/service must be innovative, technology-driven, and have commercialization potential.

  • Stage: Ideally at prototype or minimum viable product (MVP) stage.

Additional Preferences

  • Startups connected to SPPU University alumni or faculty-led ventures.

  • Ideas addressing social or industrial challenges aligned with national missions (e.g., sustainability, healthcare, smart cities, agritech).

  • Ventures with early traction or pilot customers are preferred.


4. Step-by-Step Application Process

Applying for the Seed Fund Incubation Program at SPPU Research Park Foundation involves a clear, structured process.

Step 1: Visit the Official Website

Go to the SPPU Research Park Foundation website and check the latest calls for applications under “Programs” or “Seed Fund.”

Step 2: Prepare Your Application Documents

Keep ready:

  • Startup pitch deck (problem, solution, target market, business model).

  • Prototype/demo details.

  • Financial projections.

  • Founder profiles and team background.

  • Incorporation certificate and startup recognition certificate (if available).

  • Letters of intent or early customer feedback (optional but beneficial).

Step 3: Submit the Application Online

Fill the online application form available on their website.
Provide accurate details of your venture, funding requirement, and expected outcomes.

Step 4: Screening and Evaluation

Applications are reviewed by an Expert Committee based on:

  • Innovation and technology depth.

  • Feasibility and market potential.

  • Team capability and commitment.

  • Alignment with incubator’s vision.

Step 5: Pitch Presentation

Shortlisted startups are invited to present their pitch before the Selection Committee. This is a crucial round to demonstrate your passion, clarity, and business potential.

Step 6: Selection and Onboarding

Selected startups are incubated at SPPU Research Park. They receive a Letter of Acceptance and sign an incubation agreement outlining funding terms, equity structure (if applicable), and milestones.

Step 7: Funding Disbursement & Mentorship

Once onboarded, startups receive funding in tranches based on milestone achievement. Regular mentoring sessions, reviews, and progress assessments are conducted.

Step 8: Graduation and Post-Incubation Support

After completion, startups can continue to access SPPU’s network for scaling, partnerships, and investor outreach.


5. Benefits of Getting Incubated at SPPU Research Park Foundation

1. Access to Seed Funding

Get critical early-stage funding support to develop prototypes, build teams, and scale operations.

2. Academic-Industry Collaboration

Startups benefit from Pune’s rich academic ecosystem and access to researchers, faculty, and students.

3. Expert Mentorship

Guidance from successful entrepreneurs, domain experts, and investors ensures the right direction for growth.

4. World-Class Infrastructure

Incubation facilities, labs, conference rooms, and research facilities at SPPU help startups innovate faster.

5. Networking Opportunities

Engage with investors, corporates, and fellow entrepreneurs through demo days and innovation summits.

6. Credibility and Brand Association

Being incubated at SPPU, a prestigious university, builds immense trust with customers and investors.

7. Business Development Support

From legal compliance to go-to-market planning — startups receive 360° business advisory.


6. Focus Areas

SPPU Research Park Foundation supports startups in various domains including:

  • HealthTech and Biotech

  • AgriTech and Food Processing

  • CleanTech and Renewable Energy

  • IoT and Smart Manufacturing

  • AI/ML and Data Science

  • EdTech and Research Commercialization

This sector diversity ensures multi-disciplinary collaboration and innovation.


7. Success Stories

Over the years, SPPU Research Park has helped many ventures rise from idea to revenue stage.
Examples include:

  • Tech-driven AgriStartups that digitized farm monitoring and supply chains.

  • HealthTech innovators that developed affordable diagnostic solutions.

  • Clean energy startups focusing on sustainability and renewable alternatives.

Several of these startups went on to raise follow-on funding from investors and grants, validating the strength of SPPU’s incubation model.


8. Contact Information

📍 Address:
SPPU Research Park Foundation
Savitribai Phule Pune University Campus,
Ganeshkhind, Pune – 411007, Maharashtra

📧 Email: info@sppuresearchpark.in
🌐 Website: https://sppuresearchpark.unipune.ac.in


9. Why Choose SPPU Research Park Foundation

If you are a startup founder looking for seed funding, research support, and strong mentoring, SPPU Research Park Foundation offers the perfect blend of academic excellence and entrepreneurial energy.

Its focus on innovation, access to expert faculty, and a well-structured seed fund make it one of India’s leading university-based incubators.

Being part of this ecosystem helps you refine your idea, secure funding, validate your product, and prepare for market launch.


10. Conclusion

Every startup journey begins with a bold idea — but it’s the right ecosystem that transforms it into a thriving enterprise.
The SPPU Research Park Foundation provides that crucial platform — where innovation meets impact.

From seed funding to mentorship and networking, it offers everything a startup needs to grow confidently.
If you’re ready to take your idea from lab to market, apply to the Seed Fund Incubation Program at SPPU Research Park Foundation and step into the future of innovation.

Amity Technology Incubator

Introduction

In India’s thriving innovation landscape, thousands of startups are born every year — yet only a fraction survive the crucial “early stage.” The gap between a promising idea and a revenue-generating business often lies in access to funding, mentorship, and technical guidance. Bridging this gap is the Amity Technology Incubator (ATI) — a leading incubation hub recognized for nurturing startups that combine innovation, technology, and entrepreneurship.

Supported by Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), and Amity Innovation Foundation, the Amity Technology Incubator is dedicated to empowering innovators through funding, mentorship, infrastructure, and networking.

If you are a founder or aspiring entrepreneur seeking to apply for the Amity Technology Incubator Seed Fund, this comprehensive guide walks you through everything you need to know — from eligibility and the application process to benefits, focus sectors, and success stories.


1. About Amity Technology Incubator (ATI)

The Amity Technology Incubator, located within the Amity University campus in Noida, is a premier institution dedicated to nurturing technology-led startups. It was established under the Amity Innovation Foundation and supported by the Department of Science and Technology (DST), Government of India.

Its mission is to provide early-stage ventures with the resources and mentorship necessary to transform innovative ideas into scalable businesses.

Vision

To create an innovation-driven entrepreneurial ecosystem that promotes scientific and technological innovation for socio-economic growth.

Mission

  • To accelerate the development of startups in emerging technology sectors.

  • To support entrepreneurs with funding, research support, and business mentorship.

  • To connect academia with industry for collaborative innovation.

  • To build sustainable, job-creating ventures that contribute to India’s economy.

Key Highlights

✅ Recognized as a Startup India Seed Fund Scheme (SISFS) incubator.
✅ Operates under Amity Innovation Foundation and supported by DST, GoI.
✅ State-of-the-art labs for product development and testing.
✅ Mentorship from Amity University’s vast network of professors, researchers, and industry experts.
✅ Over 150+ startups incubated and 20+ successful exits.

ATI combines Amity University’s research expertise with real-world startup experience — a rare advantage for early-stage entrepreneurs.


2. Understanding the Amity Technology Incubator Seed Fund

The Amity Technology Incubator Seed Fund operates under the Startup India Seed Fund Scheme (SISFS). The fund supports startups during their most critical stage — from proof-of-concept to early commercialization.

The goal is to help founders validate ideas, build prototypes, conduct trials, and reach market readiness.

Funding Structure

  1. Grant Support – Up to ₹20 Lakhs
    For prototype development, proof-of-concept, testing, and validation.

  2. Investment Support – Up to ₹50 Lakhs
    (As debt or convertible instruments) for early commercialization, scaling, or market launch.

Primary Objectives

  • Promote technology-led entrepreneurship across India.

  • Bridge the funding gap between innovation and investor readiness.

  • Create an ecosystem that supports sustainable startups.

  • Encourage collaboration between academia, industry, and investors.


3. Eligibility Criteria

To apply for the Amity Technology Incubator Seed Fund, startups must meet the following eligibility conditions:

DPIIT-Recognized Startup: Must be registered under the Startup India initiative.
Legal Entity: Registered as a Private Limited Company, LLP, or Registered Partnership Firm.
Startup Age: Not older than 10 years from the date of incorporation.
Turnover Limit: Should not have exceeded ₹100 crore in any financial year.
Innovation Factor: The business idea should demonstrate innovation, technology use, or scalability.
Funding History: Should not have received seed funding of ₹10 lakh or more from other SISFS programs.

ATI also encourages student-led, women-led, and impact-oriented startups to apply.


4. Focus Areas Supported by ATI

ATI supports a diverse range of technology sectors, aligning with Amity University’s research excellence:

  • Artificial Intelligence & Machine Learning (AI/ML)

  • Biotechnology & Life Sciences

  • CleanTech & Renewable Energy

  • AgriTech & Food Innovation

  • HealthTech & MedTech

  • IoT & Robotics

  • Cybersecurity

  • EdTech

  • Smart Manufacturing & Industry 4.0

  • Social & Rural Impact Innovations

By fostering innovation across such diverse domains, ATI enables both high-tech startups and social enterprises to thrive.


5. Step-by-Step Process to Apply for the ATI Seed Fund

Here’s how you can apply for the Amity Technology Incubator Seed Fund:

Step 1: Register on the Startup India Seed Fund Portal

Visit seedfund.startupindia.gov.in and create your startup profile. Complete the DPIIT registration if not already done.

Step 2: Select Amity Technology Incubator

Choose Amity Technology Incubator (ATI) from the list of incubators under SISFS.

Step 3: Fill the Application Form

Provide details such as:

  • Problem statement and unique solution.

  • Product stage and development milestones.

  • Market size and competitive advantage.

  • Funding requirement and utilization plan.

Step 4: Upload Supporting Documents

Include the following:

  • DPIIT certificate.

  • Certificate of Incorporation.

  • Founders’ KYC documents.

  • Pitch deck/business plan.

  • Financial statements (if available).

Step 5: Application Screening

ATI’s internal screening committee reviews applications based on:

  • Innovation and feasibility.

  • Scalability and business model.

  • Market potential and impact.

  • Team competency.

Step 6: Pitching Session

Shortlisted startups are invited to present their business model to a panel of investors, mentors, and industry experts.

Step 7: Funding & Incubation

Selected startups are onboarded for funding and incubation. Financial assistance is released in tranches based on milestones.


6. Benefits of Incubation at Amity Technology Incubator

Being incubated at ATI provides a holistic growth experience for startups.

Seed Funding Support – Financial aid up to ₹50 lakhs for product development, trials, or commercialization.
Expert Mentorship – Guidance from ISB alumni, corporate experts, and Amity professors.
Infrastructure Access – R&D labs, co-working space, testing facilities, and prototyping support.
Networking & Investor Access – Connections with venture funds, angel investors, and industry leaders.
Legal & IP Support – Assistance with patent filing, IP management, and legal compliance.
Brand Credibility – Association with Amity boosts visibility and trust among stakeholders.

ATI ensures startups receive end-to-end support — from ideation to investment.


7. Success Stories

Over the years, ATI has incubated several high-impact startups that have grown into recognized businesses:

🌿 BioPrime AgriSolutions – Developing smart biological products to enhance crop resilience.
💡 MedCords – A healthtech platform digitizing healthcare access in rural India.
⚙️ TechInnovate Robotics – Building low-cost automation tools for SMEs.
☀️ SolarGrid Energy – Enabling decentralized renewable energy solutions.

These stories underline ATI’s focus on sustainable, technology-driven innovation.


8. Why Choose Amity Technology Incubator?

Here’s why ATI stands out among India’s leading incubators:

✅ Supported by DST, Startup India, and Amity Innovation Foundation.
✅ Proven track record of startup success and investor connect.
✅ Access to one of India’s largest private university ecosystems.
✅ Multi-domain support — biotech, AI, clean energy, and more.
✅ Focus on both commercial and social impact startups.

ATI combines the power of academia, research, and business — making it an ideal incubator for innovation-led founders.


9. Contact Information

📍 Address:
Amity Technology Incubator,
E2 Block, Amity University Campus, Sector-125, Noida, Uttar Pradesh, India.

📧 Email: ati@amity.edu
🌐 Website: www.amity.edu/ati
📞 Phone: +91-120-439-2000


10. Conclusion

The Amity Technology Incubator (ATI) serves as a vital pillar in India’s innovation ecosystem — empowering startups to move from concept to commercialization. Through its Seed Fund Program, ATI provides not just financial support but also the mentorship, research, and networks required to thrive in competitive markets.

If you’re a founder with a promising idea in technology or innovation, this is your moment. Apply through the Startup India Seed Fund Portal and take your venture to the next stage with the Amity Technology Incubator.

Your innovation deserves a launchpad — and ATI is where impactful startups take off.

AIC-GISC Foundation

Introduction

In India’s dynamic startup landscape, access to early-stage capital and incubation support often marks the difference between an idea fading away and becoming a successful enterprise. For innovators particularly in Gujarat and nearby regions, the AIC-GISC Foundation at the Gujarat Technological University (GTU) Chandkheda campus offers exactly this kind of launchpad—blending institutional strength, lab infrastructure, mentorship and seed funding.

Supported by the Atal Innovation Mission (AIM) under NITI Aayog, AIC-GISC nurtures startups in biotechnology, life sciences, medical devices and allied fields. If you’re a founder or a team with a compelling product idea ready for prototype or commercialization, this article is your comprehensive guide to applying for seed funding at AIC-GISC: covering eligibility, the application process, benefits, and how the support can accelerate your startup’s growth.


1. About AIC-GISC Foundation

The AIC-GISC Foundation is the incubation arm hosted by GTU in Gujarat, particularly located on the GTU Chandkheda Campus. It is part of GTU’s broader mission to promote innovation across its affiliated colleges (which cover engineering, architecture, management, pharmacy and computer science) and to catalyze startup creation in Gujarat.

Vision

To build a vibrant, inclusive innovation ecosystem in Gujarat, especially in biotechnology, medical devices and life sciences, where early-stage ventures can thrive, scale and impact society.

Mission

  • Provide curated incubation support, infrastructure and access to labs for technology-led startups.

  • Offer seed capital or investment support to promising early-stage ventures.

  • Facilitate mentorship, industry-academic collaboration, investor introductions and business growth.

  • Enable startups from Gujarat (and beyond) to access national funding schemes, and industrial networks.

Key Highlights

  • Supported by the Atal Innovation Mission under NITI Aayog.

  • Situated at GTU’s Chandkheda campus, enabling access to affiliated colleges and lab infrastructure.

  • Focus domains: Biotechnology, Life Sciences, Medical Devices, Healthcare Technology.

  • Offers incubation infrastructure such as co-working space, prototype labs, biotech / life-sciences instrumentation.

Thus, AIC-GISC is a strong choice for founders working in health/biotech/life sciences domains, especially in Gujarat or western India, seeking seed fund and incubation support.


2. Understanding the Seed Fund Support at AIC-GISC

While specific funding amounts for AIC-GISC aren’t always publicly detailed to the same extent as some other incubators, the model aligns with the national Startup India Seed Fund Scheme (SISFS) framework (for incubators recognised under AIM/AICs).

Funding Structure (typical for SISFS)

  • Grant support: Up to ~₹20 lakh for proof-of-concept, prototype development, product trials.

  • Investment or convertible debt: Up to ~₹50 lakh for market entry, commercialization, scaling.

While AIC-GISC may customise its support based on domain and region, expect an approach along these lines. The incubator also emphasises infrastructure, mentorship and “seed capital” support – indicating that selected startups may get early seed/“pre-seed” capital along with incubation.

Core Purpose

  • Bridge the gap between idea and market launch especially for startups in biotechnology/life sciences.

  • Provide access to labs, prototype testing, instrumentation and mentors in the GTU network.

  • Offer early-stage funding so startups can validate, iterate and then seek larger funding rounds or market pilots.

Thus, when you apply to AIC-GISC, you’re not just seeking a grant – you’re entering a structured growth pathway.


3. Eligibility Criteria

Before submitting your application, ensure your startup meets the typical eligibility norms of SISFS plus any additional AIC-GISC requirements.

Core Eligibility (SISFS guidelines)

  • Must be a DPIIT-recognized startup under Startup India.

  • Incorporated as a Private Limited Company, LLP or Registered Partnership Firm.

  • Not older than 10 years from date of incorporation.

  • Annual turnover across any financial year must not exceed ₹100 crore.

  • Indian promoters should hold at least 51% shareholding.

  • Should not have received prior seed funding beyond certain limits (check specific incubator norms).

AIC-GISC Specific Eligibility Notes

Based on their website:

  • Open to individuals, teams, startups from diverse backgrounds (domestic & global) to apply.

  • Focus on biotech, life sciences, medical devices and healthcare domains.

  • Must align with GTU/AIC-GISC’s domain infrastructure (i.e., need access or uses of laboratories/instrumentation).

  • While not publicly stating the full list, it is safe to assume they expect innovation, technical feasibility and market potential.

Startups that meet these criteria stand a chance of selection; failing to meet the basics can lead to immediate disqualification.


4. Application Process – Step by Step

Here is a practical breakdown of how you should apply to AIC-GISC for seed fund and incubation.

Step 1: Register on SISFS / Startup India Portal

  • Visit the official Startup India Seed Fund Scheme portal and create or log in to your startup account.

  • Ensure you complete DPIIT recognition of your startup (if not done) before claiming seed fund.

Step 2: Choose AIC-GISC Foundation as your preferred incubator

  • On the portal, under incubator selection, choose AIC-GISC Foundation (GTU, Gujarat).

  • Alternatively, visit AIC-GISC’s website and check for direct application links for their incubation+seed fund program.

Step 3: Fill in the Startup Application Form

Provide detailed information in the application including:

  • Startup name, incorporation details and team background

  • Problem statement and the innovative solution your startup offers

  • Stage of development: idea → prototype → product → market launch

  • Target market: size, potential, competition

  • Business model and revenue strategy

  • Funding required: how much and utilisation plan (milestones)

  • Infrastructure and resource needs (particularly for biotech or labs)

Step 4: Upload Required Documents

Be ready with:

  • DPIIT Recognition Certificate

  • Certificate of Incorporation / LLP agreement

  • Founder KYC (PAN, Aadhar)

  • Pitch Deck / Business Plan

  • Financial Projections (typically 3–5 years)

  • Technical appendix or proof of concept if available (especially for biotech/labs)

  • Any prior grants, IP status or business scores

Step 5: Screening & Shortlisting

  • AIC-GISC’s internal evaluation committee reviews applications for domain fit (biotech/life sciences), innovation, team strength and alignment with infrastructure.

  • Shortlisted applications will be invited for further evaluation or pitch.

Step 6: Pitch / Presentation

  • Shortlisted teams present to a panel of mentors, industry experts, and perhaps investors associated with AIC-GISC.

  • You’ll need to articulate your innovation, technical feasibility, business model, and how you’ll use the seed fund/tranche support.

Step 7: Selection, Onboarding & Disbursement

  • Selected startups will be onboarded into AIC-GISC’s incubation program.

  • Seed funding disbursement will follow a milestone-linked schedule (prototype ready → trials → market launch).

  • You’ll also receive access to labs, instrumentation, mentors, network, and investor introductions.

  • Regular progress reviews, monitoring and util-certificates may be required as per scheme.

By following each step carefully and preparing documentation ahead, you maximise your chances of being selected.


5. Benefits of Getting Incubated at AIC-GISC

Selecting AIC-GISC not only gives you seed fund access but also a rich incubation environment.

✅ Seed Funding Access

You gain access to early-stage capital (grant or convertible support) aligned with national frameworks, ideal for prototype, testing and early commercialization.

✅ Domain-Specific Infrastructure

Unique to AIC-GISC: labs (especially biotech, life sciences), instrumentation, prototype facilities located at GTU’s campus. This is crucial for ventures in medtech/biotech domains. aicgisc.org

✅ Mentorship & Network

Access mentors from industry, academia and GTU’s ecosystem. Startup founders gain business strategy support, domain guidance, commercialization inputs and investor readiness.

✅ Corporate & Academic Connect

Through GTU affiliation and AIC-GISC’s network, you can connect with industry partners, pilot customers, research collaborations and co-development opportunities.

✅ Investor Exposure

Regular incubation events, demo days, investor meets give you exposure to angel investors, VCs and grant bodies.

✅ Collaboration & Location Advantage

Located in Gujarat, with access to one of India’s strong industrial states, you can leverage local manufacturing, supply-chain linkages, logistics, and market opportunities.

✅ Regional Impact & Support

Startup ecosystems in Tier 2/3 areas often get less focus — by choosing AIC-GISC you’re positioned in a region keen to develop innovation, which may translate into higher support, visibility and local ecosystem partnerships.


6. Success Stories & Impact

While publicly detailed startup names for AIC-GISC aren’t extensively listed, their website indicates strong domain infrastructure and promise for biotech and life-science ventures. aicgisc.org

Also, they highlight “Seed Capital”, “Personalised Mentoring”, “Investors Connect”, “Prototype Lab” and “Shared Services” as part of their incubation offering. aicgisc.org

For example, startups in Gujarat working on medical devices, biotech products or healthcare tools will find this especially relevant. The presence of specialized labs and GTU’s academic ecosystem provides a credible track-record foundation.


7. Why Choose AIC-GISC Foundation?

Here are compelling reasons to consider AIC-GISC:

  • Strong Domain Focus: Especially biotech, life sciences and healthcare instrumentation — a differentiator when compared to generic incubators.

  • Institutional Backing: Through GTU and AIM/NITI Aayog, providing credibility and structured support.

  • Regional Advantage: Operating in Gujarat — one of India’s manufacturing & innovation-friendly states.

  • Seed Fund Access + Incubation Combined: Many incubators offer either infrastructure or funding; AIC-GISC offers both.

  • Lab and Prototype Access: For biotech and medical devices, access to labs reduces one of the biggest startup constraints (testing, compliance).

If you are building a life sciences, medtech or biotech venture, AIC-GISC stands out as a highly relevant incubator.


8. Contact Information

📍 Address:
AIC-GISC Foundation, GTU Campus, Chandkheda, Ahmedabad, Gujarat

🌐 Website: www.aicgisc.org aicgisc.org
📧 Email: (Refer website for contact email)
📞 Phone: (Refer website for contact number)

For the latest application intake, mentorship programs, lab access details and funding windows – check their website or contact the incubation desk at GTU.


9. Practical Tips for a Strong Application

To improve your chances of selection, consider the following:

  • Articulate clearly the problem statement, why your solution is unique and how you plan to commercialise.

  • Demonstrate technical feasibility especially if you’re in biotech/health — include prototype, test results or pilot plan.

  • Provide a milestone-based fund utilisation plan — say how you will use funds for prototype → pilot → market, and what you expect at each stage.

  • Show team competency — highlight domain expertise, business acumen and commitment.

  • Emphasize the Gujarat/India relevance or scalability beyond.

  • Leverage the lab instrument access at GTU — mention how you’ll utilise the co-working space, prototype lab, instrumentation support.

  • Prepare for the pitch — be ready to answer questions on growth, regulatory environment (especially for medtech/biotech), revenue model, competition, IP.

  • Ensure all documents are ready and accurate — DPIIT certificate, incorporation, financials, pitch deck, etc.

  • Stay aware of funding cycles — some incubators may have limited funds for each intake; apply early.


Conclusion

The AIC-GISC Foundation offers a powerful platform for early-stage startups, particularly those working in biotechnology, life sciences and medical devices, to access seed funding, infrastructure and mentorship. By aligning with the Startup India Seed Fund Scheme and leveraging GTU’s ecosystem, it provides a credible route for founders to move from prototype to product and scalability.

If you are working on a health-tech, biotech, or life-science innovation and seeking early capital + strong lab-driven incubation, this could be your ideal launchpad. Follow the steps, prepare thoroughly, and apply to take your startup forward.

Your idea deserves the right ecosystem – AIC-GISC could be it.

Foundation for Technology & Business Incubation

Introduction

In India’s rapidly growing startup ecosystem, one of the biggest challenges for new entrepreneurs is securing the initial capital required to transform an innovative idea into a sustainable business. This early-stage capital — known as seed funding — can determine whether a startup remains a concept or evolves into a successful company.

The Foundation for Technology & Business Incubation (FTBI), located at the National Institute of Technology (NIT), Rourkela, bridges this critical gap between innovation and implementation. As a part of the Startup India Seed Fund Scheme (SISFS), FTBI provides essential funding, mentorship, and infrastructure to help startups navigate the early stages of their journey.

This article is your complete roadmap to understanding how to apply for the FTBI Seed Fund Incubator, including eligibility, application steps, benefits, and insights from its thriving startup ecosystem.


1. About Foundation for Technology & Business Incubation (FTBI)

The Foundation for Technology & Business Incubation (FTBI) is a not-for-profit organization established to foster a culture of innovation and entrepreneurship at NIT Rourkela and beyond.

It serves as a bridge between academic research and industrial application, empowering innovators to convert technology-based ideas into scalable business ventures.

Vision

To be a catalyst for technology-driven entrepreneurship and contribute to India’s innovation-led economic development.

Mission

  • To promote and nurture entrepreneurship through incubation support.

  • To provide access to funding, mentoring, and technical expertise.

  • To facilitate collaboration among academia, industry, and government.

  • To create a robust ecosystem for startups that can generate jobs and drive impact.

Key Highlights

✅ Recognized under Startup India Seed Fund Scheme (SISFS)
✅ Supported by NIT Rourkela and the Ministry of Education’s Innovation Cell
✅ Focus areas include technology, manufacturing, AI, health, agritech, and IoT
✅ Supported 100+ startups across diverse innovation domains
✅ Offers access to labs, mentors, and investor networks

FTBI is not just an incubator — it is a launchpad for future innovators, empowering creators to transform bold ideas into viable business models.


2. Understanding the FTBI Seed Fund Program

The FTBI Seed Fund Program operates under the Startup India Seed Fund Scheme (SISFS), initiated by the Department for Promotion of Industry and Internal Trade (DPIIT).

The aim is simple yet impactful — to provide financial assistance to early-stage startups for developing prototypes, testing products, and bringing innovations to the market.

Funding Structure

  1. Grant Support (Up to ₹20 Lakhs)
    For proof-of-concept, prototype development, and product validation.

  2. Investment Support (Up to ₹50 Lakhs)
    Offered as debt or convertible instruments for product commercialization and scaling.

This funding acts as the foundation for many entrepreneurs who need that first push before raising larger rounds of investment from angel investors or venture capitalists.


3. Objectives of the FTBI Seed Fund Program

The FTBI Seed Fund Program is designed with specific goals in mind:

  • To encourage entrepreneurship among youth, researchers, and innovators.

  • To support prototype development and early operations through financial grants.

  • To bridge the gap between ideation and commercialization.

  • To create a self-sustaining startup ecosystem in Eastern India.

  • To facilitate collaboration between academia, industry, and government bodies.

  • To drive innovation-led employment generation and regional development.


4. Eligibility Criteria for Startups

Before applying for the FTBI Seed Fund, startups must ensure they meet the eligibility requirements outlined by DPIIT and Startup India.

✅ DPIIT Recognition

Your 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.

✅ Age of Startup

Should not exceed 10 years from the date of incorporation.

✅ Turnover

The annual turnover should not exceed ₹100 crore in any financial year.

✅ Innovation Criteria

The startup must be developing a product or service that involves innovation, technology, or scalability with commercialization potential.

✅ Seed Fund History

Startups that have already received ₹10 lakhs or more under SISFS from another incubator are not eligible to apply again.

These criteria ensure that only genuine early-stage startups focused on innovation receive the necessary financial boost.


5. Focus Areas Supported by FTBI

FTBI supports startups across a diverse range of technology and impact-driven domains.

Key Focus Sectors:

  • AgriTech & Food Processing

  • HealthTech & BioTech

  • CleanTech & Renewable Energy

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

  • Smart Manufacturing & Industry 4.0

  • EdTech & Skill Development

  • Electronics & Embedded Systems

  • Social Impact & Rural Innovation

  • FinTech & SaaS Solutions

This wide coverage allows entrepreneurs from both deep-tech and social enterprise sectors to access vital resources and mentorship.


6. Step-by-Step Process to Apply for FTBI Seed Fund

Applying for seed funding at FTBI is a structured yet simple process. Below is the complete step-by-step guide:

Step 1: Register on the SISFS Portal

Visit the official Startup India Seed Fund Scheme (SISFS) portal and create your startup profile.
👉 https://seedfund.startupindia.gov.in
Complete your DPIIT recognition process if not already done.

Step 2: Choose FTBI as Your Preferred Incubator

From the incubator list, select Foundation for Technology & Business Incubation (FTBI), NIT Rourkela as your preferred incubator.

Step 3: Fill Out the Application Form

Provide complete details including:

  • Problem statement and innovative solution

  • Market opportunity and target audience

  • Product development stage

  • Funding requirements and planned utilization

  • Business model and scalability potential

Step 4: Upload Supporting Documents

Attach the following:

  • DPIIT Certificate

  • Certificate of Incorporation

  • Founders’ KYC and PAN

  • Pitch Deck / Business Plan

  • Financial Statements (if available)

  • Prototype or product details

Step 5: Evaluation and Screening

Applications are reviewed by FTBI’s Screening Committee, which assesses:

  • Innovation and feasibility

  • Market demand and scalability

  • Technical strength and team capability

Step 6: Pitching Session

Shortlisted startups are invited to present their ideas before the Seed Fund Evaluation Committee, comprising industry experts, investors, and academicians.

Step 7: Approval and Onboarding

Selected startups are onboarded into the FTBI incubation program and receive funding in tranches as per predefined milestones.


7. Benefits of Joining FTBI

FTBI provides much more than funding. It offers an ecosystem designed to help startups grow sustainably.

Key Benefits:

✅ Financial Assistance

Receive up to ₹50 lakhs for prototype development, testing, or commercialization.

✅ Mentorship Support

Access to a wide network of mentors from academia, research, and industry who provide guidance on technology, business models, and scaling.

✅ Infrastructure & Facilities

Leverage world-class R&D infrastructure, laboratories, and co-working spaces at NIT Rourkela.

✅ Market Access & Networking

Get connected to potential clients, corporates, investors, and government bodies through demo days and events.

✅ Business Support Services

Avail assistance in company registration, IP filing, accounting, and legal compliance.

✅ Investor Connect

Pitch your idea to venture capitalists and angel investors for next-stage funding.

✅ Skill Development

Participate in workshops, training programs, and bootcamps on leadership, marketing, and fundraising.


8. Success Stories from FTBI

FTBI has supported numerous startups that have grown into successful, impactful ventures. Here are a few inspiring examples:

  • AgroNXT: A smart agriculture platform using IoT for real-time farm monitoring and yield optimization.

  • BioRevive Labs: Innovating affordable biotech diagnostics for rural healthcare access.

  • E-Live Engineering: Developing industrial IoT-based predictive maintenance solutions.

  • GreenLoop Energy: Building renewable microgrid systems for remote communities.

Each success story demonstrates FTBI’s mission to empower innovators who combine purpose with technology.


9. Why Choose FTBI?

Choosing the right incubator can define your startup’s growth trajectory. Here’s why FTBI stands out:

Government Recognition: Officially supported under the Startup India Seed Fund Scheme.
Academic Backbone: Backed by the resources and expertise of NIT Rourkela.
Innovation Focus: Encourages research-led and technology-driven startups.
Strong Network: Mentorship, investors, and corporate connections under one roof.
Regional Development: Empowering startups from Eastern and Tier-2 cities.

FTBI’s approach is holistic — it combines knowledge, capital, and connections to create successful founders.


10. Contact Information

📍 Address:
Foundation for Technology & Business Incubation (FTBI),
National Institute of Technology (NIT), Rourkela – 769008, Odisha, India

📧 Email: ftbi@nitrkl.ac.in
🌐 Website: www.ftbi-nitrkl.org
📞 Phone: +91-661-246-4012


Conclusion

The Foundation for Technology & Business Incubation (FTBI) is more than an incubator — it’s a movement that empowers innovators to create meaningful change.

Through seed funding, mentorship, and world-class infrastructure, FTBI transforms ideas into scalable ventures that drive India’s innovation economy forward.

If you’re an aspiring entrepreneur ready to take your idea to the next level, now is the time. Apply through the Startup India Seed Fund Portal, select FTBI, and begin your journey toward building a market-ready innovation.

Because at FTBI — every idea has the potential to change the world.

Bihar Industries Association

Introduction

Bihar, once known primarily for its agricultural roots, is now fast emerging as a hub for entrepreneurship and innovation. At the heart of this transformation stands the Bihar Industries Association (BIA) — one of India’s oldest and most respected industry bodies driving startup growth and industrial development in the state.

The BIA Seed Fund Incubator, supported by the Startup India Seed Fund Scheme (SISFS) under the Department for Promotion of Industry and Internal Trade (DPIIT), is empowering early-stage entrepreneurs from Bihar and across India with financial assistance, mentorship, incubation, and networking opportunities.

In this in-depth guide, we’ll explore how to apply for seed funding at Bihar Industries Association, what makes its incubation program unique, the eligibility criteria, benefits, and the step-by-step application process.

Focused Keyword: Bihar Industries Association seed fund


1. About Bihar Industries Association (BIA)

Established in 1943, the Bihar Industries Association (BIA) is one of India’s oldest industry associations, playing a pivotal role in promoting industrial and entrepreneurial growth in Bihar. Headquartered in Patna, BIA represents a diverse group of industries, entrepreneurs, and startups across manufacturing, agriculture, services, and technology.

Over the decades, BIA has become a key platform for facilitating dialogue between the government, industry, and academia, driving investment, innovation, and employment in Bihar.

With the launch of the BIA Startup Incubation & Innovation Center (BIA-SIIC), the association aims to foster a new wave of startup-driven industrial growth in the state.

Vision

To build a sustainable ecosystem that nurtures entrepreneurship, innovation, and industrial excellence in Bihar.

Mission

  • To empower startups with funding, mentorship, and business support.

  • To strengthen Bihar’s innovation and entrepreneurship ecosystem.

  • To bridge the gap between academia, government, and industry.

Key Achievements

✅ Over 250 startups mentored and supported


✅ Collaborations with government departments, venture funds, and corporates


Recognized as an incubator under the Startup India Seed Fund Scheme (SISFS)


✅ Organizes Startup Summits, Investor Meets, and Industry Workshops across Bihar


2. Understanding the Bihar Industries Association Seed Fund Program

The BIA Seed Fund Program is part of the Startup India Seed Fund Scheme (SISFS) launched by DPIIT, Government of India. It aims to provide financial assistance to early-stage startups to help them develop, test, and validate their ideas.

The program helps bridge the critical funding gap between idea validation and venture capital investment — enabling promising founders to bring their innovations to life.

Funding Structure

The Bihar Industries Association offers two types of financial support:

1. Grant Support (Up to ₹20 Lakhs)

For startups developing Proof of Concept (PoC), prototypes, or testing products.

2. Equity / Convertible Debt (Up to ₹50 Lakhs)

For startups ready for commercialization or market expansion.

Objective of the Seed Fund

  • To promote entrepreneurship and innovation in Bihar.

  • To assist founders in validating and scaling their business ideas.

  • To build a pipeline of investable startups from Tier-2 and Tier-3 regions.

  • To generate employment and industrial growth in Bihar.


3. Eligibility Criteria for Applying to BIA Seed Fund

Before applying, startups must meet the DPIIT and BIA eligibility norms.

Startup Eligibility

✅ Must be recognized by DPIIT under the Startup India initiative.


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


✅ Startup must be less than 10 years old from the date of incorporation.


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


✅ At least 51% of shareholding must be held by Indian founders.


✅ The startup must be developing an innovative product or solution with market potential.

Ineligible Startups

❌ Startups that have received seed funding (>₹10 lakhs) from another SISFS-recognized incubator.
❌ Entities engaged in trading or unoriginal business models with no innovation.


4. Focus Areas Supported by BIA

BIA’s incubation and seed fund program supports a diverse range of innovation-driven sectors, including:

  • AgriTech & Food Processing

  • Renewable Energy & CleanTech

  • HealthTech & MedTech

  • Manufacturing & Engineering

  • FinTech

  • EdTech

  • Waste Management & Sustainability

  • IT & SaaS

  • Textile & Handicrafts

  • Rural Innovation & Social Impact

This wide sectoral coverage ensures that innovators from both urban and rural Bihar find opportunities to grow.


5. Step-by-Step Application Process for BIA Seed Fund

The process to apply for the BIA Seed Fund Incubation Program is simple and entirely online. Here’s a step-by-step guide for entrepreneurs:

Step 1: Visit the Startup India Seed Fund Portal

Go to the official Startup India Seed Fund Scheme portal and select Bihar Industries Association (BIA) as your preferred incubator.

Step 2: Create or Log in to Your Startup India Account

Register your startup under the Startup India initiative and get a DPIIT recognition certificate if you don’t already have one.

Step 3: Fill Out the Application Form

Provide details such as:

  • Problem and solution statement

  • Stage of your startup (idea, prototype, early traction)

  • Market size and competition

  • Business and revenue model

  • Funding requirement and milestones

Step 4: Upload Supporting Documents

Attach:
📄 DPIIT Certificate
📄 Certificate of Incorporation
📄 KYC of Founders
📄 Business Plan / Pitch Deck
📄 Financial projections (3–5 years)
📄 Proof of concept / product demo (if available)

Step 5: Internal Evaluation

Applications are reviewed by BIA’s Screening Committee, which evaluates startups based on:

  • Degree of innovation

  • Feasibility and scalability

  • Market readiness

  • Founder capability

Step 6: Pitch Presentation

Shortlisted startups are invited to present their ideas to BIA’s Selection Committee, comprising mentors, investors, and government representatives.

Step 7: Selection & Onboarding

Selected startups are onboarded into the BIA Incubation Program and provided seed funding, mentorship, and access to the incubation ecosystem.


6. Benefits of Getting Incubated at BIA

Joining the Bihar Industries Association Incubator provides startups with far more than just funding. It offers a complete ecosystem for success.

1. Seed Funding Support

Access to up to ₹50 lakhs in seed funding to build prototypes, test markets, or scale operations.

2. Dedicated Mentorship

Guidance from leading industrialists, business strategists, and domain experts from Bihar’s extensive industrial network.

3. Infrastructure & Co-working Spaces

Access to modern incubation facilities in Patna, equipped with high-speed internet, meeting rooms, and labs.

4. Networking Opportunities

Regular workshops, investor meets, and industry conferences that connect startups to potential customers and partners.

5. Investor Access

BIA collaborates with angel investors, venture funds, and financial institutions to help startups secure follow-on funding.

6. Market Exposure

Exposure through trade fairs, exhibitions, and events that connect startups with government and corporate buyers.

7. Legal & IP Support

Help with company incorporation, compliance, and intellectual property (patent/trademark) registration.

8. Regional Advantage

Located in Patna, BIA offers startups access to Bihar’s growing industrial and policy ecosystem, making it an ideal base for entrepreneurs in East India.


7. Notable Startups Supported by BIA

Several startups nurtured under the Bihar Industries Association ecosystem have gone on to make remarkable progress:

  • Kisan Network Bihar: Helping farmers directly connect with buyers using tech-enabled solutions.

  • Biovate Labs: A MedTech startup developing affordable diagnostic devices.

  • GreenBrick Innovations: Working on eco-friendly construction materials in alignment with Bihar’s green development goals.

These ventures highlight BIA’s commitment to fostering innovation that solves local and global challenges.


8. Why Choose Bihar Industries Association Incubator

Here’s why BIA stands out among India’s top incubators:

70+ years of industrial legacy and credibility


Strong linkages with Bihar Government & MSME Department


Access to a diverse industrial network


Incubation, mentorship, and funding under one roof


Strategic location advantage in Eastern India

Whether you are an entrepreneur from Patna or Pune, BIA offers a nurturing ecosystem that combines funding, mentorship, and connections to help your startup scale successfully.


9. Contact Information

📍 Address:
Bihar Industries Association (BIA)
BIA Bhawan, 20A, Industrial Area,
Patliputra, Patna – 800013, Bihar, India

📧 Email: biapatna@yahoo.co.in
🌐 Website: www.biapatna.org
📞 Phone: +91 612 2262233 / 2262234


Conclusion

The Bihar Industries Association (BIA) is not just an industry body — it’s a growth engine for entrepreneurs and startups in Bihar. Through its Seed Fund Program under the Startup India Seed Fund Scheme, BIA is helping turn innovative ideas into viable, scalable businesses that contribute to the state’s economic and social growth.

If you are a startup founder with a vision to solve real-world problems through innovation, the BIA Incubation & Seed Fund Program is the perfect launchpad to get started. Apply today and take your first step toward building a business that creates value — not just for customers, but for the entire ecosystem.

NGI TBI

Introduction

In a world where innovation drives economic growth, the need for strong startup support systems has never been greater. India’s startup ecosystem has witnessed tremendous growth — but every idea still needs the right launchpad to take flight.

That’s where the Nehru Group of Institutions Technology Business Incubator (NGI TBI) steps in — a state-of-the-art innovation hub designed to nurture early-stage entrepreneurs and help them convert ideas into sustainable ventures.

Supported by the Atal Innovation Mission (AIM) under NITI Aayog, NGI TBI offers seed funding, mentorship, research infrastructure, and incubation facilities to startups across technology, agriculture, health, and manufacturing sectors.

If you’re a startup founder with a scalable, innovative idea, this detailed guide will walk you through how to apply for the NGI TBI Seed Fund, its eligibility criteria, application process, and benefits.


💡 1. About NGI TBI – Nehru Group of Institutions Technology Business Incubator

Founded under the Atal Innovation Mission (AIM), the NGI Technology Business Incubator (NGI TBI) is an initiative of the Nehru Group of Institutions, based in Coimbatore, Tamil Nadu.

NGI has a long-standing reputation in higher education, research, and innovation, and the TBI was established to extend that legacy into entrepreneurship and industrial growth.

🔬 Vision

To create a vibrant innovation ecosystem that empowers young entrepreneurs to build sustainable, technology-driven businesses capable of creating employment and societal impact.

🎯 Mission

To nurture startups through funding, mentorship, prototyping support, and networking— transforming raw ideas into market-ready products and solutions.


⚙️ 2. The NGI TBI Seed Fund Program

The NGI TBI Seed Fund Program is implemented under the Startup India Seed Fund Scheme (SISFS) — a Government of India initiative by the Department for Promotion of Industry and Internal Trade (DPIIT).

This program provides financial assistance and incubation support to early-stage startups that have an innovative concept but lack initial funding to develop and validate their business model.

💰 Funding Structure:

  • Prototype/Proof-of-Concept Grant: Up to ₹20 Lakhs

  • Market Entry/Commercialization Funding: Up to ₹50 Lakhs (as debt or convertible instruments)

🧭 Objective:

To help startups move from idea validation to market entry by supporting them through prototype development, testing, and commercialization.


🧩 3. Focus Areas of NGI TBI

NGI TBI supports startups in a wide range of innovation domains, including:

  • Artificial Intelligence & Machine Learning

  • Internet of Things (IoT)

  • Clean Energy & Renewable Technologies

  • AgriTech and Food Processing

  • EdTech and HealthTech

  • Manufacturing & Automation

  • Biotechnology and Life Sciences

  • Waste Management and Sustainability

This multi-sector approach makes NGI TBI one of South India’s most inclusive incubation centers.


🧠 4. Eligibility Criteria for Applying to NGI TBI Seed Fund

To ensure that only truly innovative and growth-oriented startups benefit, NGI TBI follows the Startup India Seed Fund Scheme (SISFS) eligibility norms along with its own evaluation framework.

General Eligibility

  1. The startup must be DPIIT-recognized under the Startup India initiative.

  2. It must be incorporated as a Private Limited Company, LLP, or Partnership Firm in India.

  3. The startup should be less than 10 years old from the date of incorporation.

  4. Annual turnover should not exceed ₹100 crore in any financial year.

  5. The startup should have 51% Indian ownership at the time of application.

  6. It should not have received more than ₹10 lakh in grants from other government programs for the same project.

🧬 Additional Criteria

  • The idea should demonstrate novelty, innovation, and scalability potential.

  • Preference is given to startups focusing on sustainability and social impact.

  • Startups with working prototypes or MVPs are prioritized for higher funding.


🧾 5. Step-by-Step Guide: How to Apply for the NGI TBI Seed Fund

The application process for NGI TBI is designed to be simple, transparent, and fully online.

🪜 Step 1: Apply via Startup India Seed Fund Portal

Visit the Startup India Seed Fund Scheme (SISFS) website and choose NGI TBI as your preferred incubator.

🖱️ Apply Here – Startup India SISFS Portal

🪜 Step 2: Complete the Application Form

You will need to fill in details such as:

  • Startup name and sector

  • Problem statement and innovative solution

  • Prototype or MVP status

  • Target market and scalability potential

  • Business model and revenue plan

  • Fund requirement and utilization plan

🪜 Step 3: Upload Supporting Documents

Attach the following:

  • DPIIT certificate

  • Incorporation/Registration document

  • Detailed business plan and financial projections

  • Founder KYC documents

  • Pitch deck and proof of innovation

🪜 Step 4: Application Review

NGI TBI’s Seed Fund Evaluation Committee (SFEC) reviews the applications on innovation, technical viability, and team strength.

🪜 Step 5: Pitch Presentation

Shortlisted startups will present their idea to a panel of mentors, investors, and domain experts from NGI’s ecosystem.

🪜 Step 6: Selection and Onboarding

Selected startups receive seed funding in tranches linked to milestones such as prototype completion, pilot validation, and product launch.

They are also inducted into NGI’s incubation program for mentorship and capacity-building support.


🧰 6. Benefits of Getting Incubated at NGI TBI

The value of NGI TBI goes far beyond just funding — it provides end-to-end ecosystem support.

💡 1. Seed Funding Support

Receive up to ₹50 lakh in funding for product development, testing, and early commercialization.

🧭 2. Mentorship Access

NGI TBI provides direct mentorship from industry experts, entrepreneurs, and academic leaders from Nehru Group institutions.

🧪 3. Infrastructure and Labs

Startups gain access to R&D labs, fabrication facilities, coworking spaces, and product testing infrastructure.

🌍 4. Networking and Investor Connect

Regular demo days, pitch sessions, and industry meets connect founders with angel investors, venture capitalists, and government agencies.

🧑‍💼 5. Capacity Building Programs

Workshops on IP filing, regulatory compliance, marketing, and financial management are organized regularly.

🤝 6. Corporate Collaboration

Startups get access to NGI’s corporate and industrial partnerships for pilot projects and commercial tie-ups.


🔍 7. Evaluation Criteria

Applications are assessed using a transparent, merit-based evaluation system based on the following parameters:

Parameter Evaluation Aspect
Innovation Uniqueness of technology or approach
Feasibility Technical and operational viability
Market Potential Target market and revenue potential
Impact Social, environmental, or economic benefits
Team Competence Skills, experience, and execution capability
Scalability Growth and expansion prospects

🏆 8. Success Stories and Impact

NGI TBI has supported multiple startups that have gone on to achieve market validation, funding, and recognition. Some examples include:

  • AgroTech Innovators: Developing smart irrigation systems that reduce water usage.

  • BioPure: Innovating biodegradable packaging solutions for the food industry.

  • NextGen Automation: Building cost-effective robotic arms for SMEs.

These success stories show how NGI TBI bridges academia, industry, and entrepreneurship to create a thriving startup ecosystem in South India.


📞 9. Contact Information

📍 Address:
Nehru Group of Institutions – Technology Business Incubator (NGI TBI)
Nehru College Campus, Thirumalayampalayam, Coimbatore, Tamil Nadu – 641105

📧 Email: info@ngitbi.org
🌐 Website: www.ngitbi.org
📞 Phone: +91 422 236 3800


🌱 10. Conclusion

The Nehru Group of Institutions Technology Business Incubator (NGI TBI) represents the future of innovation-led entrepreneurship in India.

By combining funding, mentorship, and technical infrastructure, NGI TBI is enabling startups to not just survive, but thrive — transforming bold ideas into profitable, impactful ventures.

Whether you are working on IoT-based agriculture, AI-driven automation, or biotech innovations, NGI TBI provides the perfect launchpad to take your startup from concept to commercialization.

Apply today for the NGI TBI Seed Fund and join an ecosystem built for innovation, collaboration, and success.