Incubators

1. National Small Industries Corporation (NSIC) – Training cum Incubation Centers

NSIC Training-cum-Incubation Centres (NSIC –TIC) are operated at various locations across the country. It provide an opportunity for first generation entrepreneurs to acquire skill on basic technical trades and gain exposure in all areas of business operations such as business skills development, identification of appropriate technology, hands on experience on working projects, project / product selection, opportunity guidance including commercial aspects of business. In order to expand its reach and impart such training to large number of unemployed people, NSIC plans to set up a number of franchise NSIC-TICs under Public-Private Partnership (PPP) mode in the country.

To know more on the NSIC’s incubation centres, go to http://www.nsic.co.in/incubator.asp


2. Incubation Support by DST: National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology

NSTEDB is an institutional mechanism to help promote knowledge driven and technology intensive enterprises. It has several schemes and Technology Business Incubators (TBI) is one of such unique initiatives. TBIs, besides providing a host of services to new enterprises (and also to existing SMEs in the region), also facilitate an atmosphere congenial for their survival and growth. The essential feature of a TBI is that the tenant companies leave the incubator space within 2-3 years. Each TBI focuses on not more than 2-3 thrust areas. Regarding legal status of new TBIs, they have to be registered as an autonomous body functioning as a society registered under societies act of 1860/or as a non profit making section 25 company. Each TBI is expected to become self sufficient within a period of five years from the date of sanction of the project.

NSTEDB provides financial assistance for creating state-of-art facilities in the identified thrust areas. It also offers partial /full support for recurring/operational cost for a period of five years.

To know more on incubation centres of NSTEDB, go to http://www.nstedb.com/


3. SIDBI Innovation and Incubation Centre (SIIC)

SIDBI Innovation and Incubation Centre (SIIC) has been set up at Indian Institute of Technology, Kanpur carrying the objective of fostering entrepreneurship and developing industries in knowledge and technology-based areas, particularly for small enterprises. As on March 31, 2008, while four companies had graduated from the centre, another seven companies were working as incubatees in the diverse areas of state-of-art technologies and software development, etc. As on November 30, 2008, eight units had graduated from the centre.

To get more information on SIIC, go to http://www.iitk.ac.in/siic/