Q. How to apply for Incubation Center?
A. Please visit our website ( http://iiitdic.in/ ) for a detailed form to be filled in by the Individual/Company.
Q. What all services are offered in the Incubation Center?
A. Facilities offered :
Co-working space and office space
High-speed internet access
Shared administrative or office services
Facilities for organizing workshops/seminars
Specialized equipment and High tech lab
Hostel and Guest facilities
Assistance with business basics
Access to venture capitalists, business angels, mentors, and strategic partner linkages
Shadow advisory boards or mentors
Help with regulatory compliance
Business model strategy plan.
IPR protection and licensing assistance
Financing and Access to Finance
Accounting and financial management
Fundraising and access to venture investors, business Angels.
Seed investment capital
Access to grants
Deferred payment option
Connectivity and Mentoring
Mentoring and access to a network of mentors.
Technical mentorship and advisory
Interns for Incubatee companies
Education /Access to Knowledge
Resource Library services, access to the knowledge database
Group training workshops Seminars
Q. what are the financial supports provided by Incubation center to the Incubatee?
A. * You are eligible to apply for seed fund after becoming an incubatee for 6 months.
*Can also avail deferred payment on 50% of the incubation charges.
Q. What is the operating time of the center?
A. In line with the ever-changing nature of business activities, the center’s Incubation Space is open 24/7.
Q. What criteria do the Application Committee consider when judging applications to be part of the Incubator?
* Level of innovation of the proposed solution.
* Market potential of the project.
* Management team (number and profiles of the entrepreneurs). Teams of a minimum of two members are mandatory.
* Economic impact on the community in the form of job creation potential and contribution to the growth of the economic base.
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