AIC–Nalanda Institute of Technology Foundation

AIC–Nalanda Institute of Technology Foundation (AIC-NITF) is Odisha's first Atal Incubation Centre, launched in 2020 at the Nalanda Institute of Technology, Bhubaneswar. It is supported by the Atal Innovation Mission (AIM), NITI Aayog, Government of India.

Facilities

AIC-Nalanda offers approximately 10,000 sq. ft. of dedicated incubation space at Chandaka, Bhubaneswar, with state-of-the-art co-working spaces, lab facilities, a rich mentor pool, networking support, and legal and accounting services.

Support and Funding

AIC-NITF provides customized incubation support, mentoring, marketing network, and investor connect for startups in their initial and critical stages. Eligible startups can access seed funds of up to ₹25 lakhs from government grants, along with introductions to angel investors and venture capital firms.

Mission

AIC-Nalanda aims to be the first entrepreneurial hub of its kind in Odisha — nurturing and supporting young potential talent from the state to build scalable, sustainable ventures.