Baba Farid College of Engineering & Technology

How to apply

• Complete the incubation application form first. Shortlisted applicants then submit a business plan or written business description.
• Applicants present their case to a small panel of board members, industry experts and the head of the school.
• Contact the school at soe@babafaridgroup.edu.in for intake questions.

What reviewers look for

• An innovative idea that fits the technologies the school supports
• An early-stage business with a clear management team
• Space availability in the incubator facility

Costs to know

• Printer, internet and phone connections are paid by each incubatee.

Baba Farid School of Entrepreneurship (BFSoE) is the incubation centre of Baba Farid College of Engineering & Technology (BFCET), in Bathinda, Punjab. It is registered under the Societies Registration Act, 1860, to promote innovation and entrepreneurship.

The centre supports budding entrepreneurs from pre-incubation through incubation to enterprise. Its services include strategy and business plan development, technology validation, marketing and sales planning, financial and legal compliance, IP and HR issues, mentoring, training and networking.

Who can apply

Applications are open to students, alumni, the general public, or a mix of these. Existing firms that want to incubate a spin-off idea are also in scope. The business must be innovative and in its early stages, meaning within about two years of operations. The applicant needs a capable management team and must be an entity eligible to register as a startup under the Government of India's definition.

What the centre takes in return

The institute takes up to 5% equity or stake in an incubated company, based on the brand used, faculty contribution and support provided. Seed funding, in equity or convertible equity, is available only to BFCET incubates and only when funds are available. It is not guaranteed.