Incubation

Orbit Incubation Program

A programme by IIITB Innovation Centre

The centre's incubation programme for deep tech startups that already have an alpha prototype or MVP, taking equity under its published incubation policy.

At a glance

Best forIndian deep tech startups with an alpha prototype or MVP ready to take to market
StageMVP – Early revenue
Duration18–24 months (other pages describe the follow-on incubation as 12 months and as 24 months)
CostPaid, takes equity

About Orbit Incubation Program

Orbit is the incubation route at IIITB Innovation Centre, for Indian deep tech companies moving from proof of concept to market. The page carries a live apply link and no deadline, so treat it as rolling and confirm the current window.

What you get

  • A programme shaped around your company rather than a fixed curriculum
  • Product development support and technology validation
  • Mentoring matched to the startup
  • Go-to-market support and access to funding

Who can apply

  • Indian deep tech startup companies with an alpha prototype or an MVP ready
  • The centre's incubation policy requires the applicant to be a private limited company registered under the Companies Act 2013
  • A promoter employed by a government body, or by any organisation outside IIIT Bangalore, must supply a no-objection certificate

What it costs: the incubation policy of April 2024 has incubatees pay a service charge at a rate the centre sets, and issue convertible debentures that convert into shares in the range of two to five per cent of equity, agreed before final acceptance. The Orbit page itself states neither.

How selection works: submit the online application, the internal team screens it, shortlisted startups pitch to the Orbit committee, and selected companies are onboarded. The incubation policy describes a fuller version — screening, a business plan on the centre's template, business, financial and technical due diligence by a screening committee, and a presentation to that committee, which may be held over a video call. Admission is at the centre's sole discretion.

How to apply: through the online application linked from the Orbit page.

Where to apply

Other IIITB Innovation Centre programmes

Everything about IIITB Innovation Centre