An initiative of Bhartiya Vidhya Bhavan's Sardar Patel Institute of Technology

Sardar Patel Technology Business Incubator

Supported by Department of Science and Technology - Government of India



Incubation

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ABOUT

This programme is for you if you have an idea or technology that has significant potential for being incorporated into an independent start-up venture, then this pre-incubation program can help reduce certain vagueness, provide better technology and aggregating certain key missing components prior to new venture creation. Once a marketplace technology/product idea is evolved, a company can be formed and SP-TBI can look at incubation stage

FACILITIES PROVIDED

  • Plug-and-play dedicated office
  • Access to Tech Lab
  • Access to our top-class mentors
  • Access to our events & webinars
  • Access to our talent pool
  • Access to seed funding up to INR 25 Lacs
  • Access to prototype grant up to INR 10 Lacs
  • Access to startup toolkit
  • All ad-hoc services including CA, Registration, IP, etc
Duration – 1 year(can be extended)

Who is eligible to apply?

  • Startups at Ideation, Prototype, Traction & Scaling stages.
  • Startups from the science & technology sector.
  • Entrepreneurs and ideators with registered startups less than 10 years old from the date of registration.
  • Startups who want to incubate under PwD Incubation Programme, Women Entrepreneurship Programme

PROCESS OF EVALUATION

Once an Entrepreneur submits the application, he/she will go through three rounds of evaluation.


1

For the first stage of screening, the information provided in the application will be evaluated.

2

The founder will be evaluated on Team Capabilities and Relevance of Experience in the second stage, which will entail a telephonic or physical encounter. Stage/type of product, business proposition, size of the opportunity, and so on.

3

The steering committee members, which include the Chief Executive Officer and Higher Management, will preside over the final selection stage.

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