Incubation

NIEISC Pre-incubation and Incubation

A programme by NIE Innovation, Incubation & Startup Centre (NIEISC)

Mentoring, workshops, prototyping access and incubation space for startups from NIE, with the policy also open to alumni and outside teams by agreement.

At a glance

Best forNIE students, faculty and staff building a startup; alumni and outside teams under the policy
StageIdea – MVP
DurationNot stated
FormatIn person

About NIEISC Pre-incubation and Incubation

NIEISC supports ideas through pre-incubation and then incubation. The centre has no dated intake or cohort, so treat it as an ongoing route that you approach by enquiry.

What you get

  • Mentorship from faculty, entrepreneurs and industry experts
  • Workshops on business model validation, IP rights and fundraising
  • Co-working space and prototyping labs, named on the centre's page
  • Access to the AICTE IDEA Lab for NIE students
  • Licensing of the institute's IP to a startup, under its policy
  • Links to banks, seed funds, angel funds and venture funds. You secure the funding yourself.

Who can apply

  • NIE students at UG, PG and Ph.D. level, faculty and staff
  • Alumni of NIE and external teams or individuals, under the policy, on an incubation agreement

Terms: The institute may take equity in a startup, and external incubatees agree to a royalty and a monthly rental. Terms are set case by case, and a mix of equity, fees or no payment is possible. A startup on the equity model can first use the services on rent for three months.

How to apply: There is no application form. Use the Incubation Inquiry button on the centre's page, which opens the college contact form, or call the institute office on +91 821-4004900.

Where to apply

Everything about NIE Innovation, Incubation & Startup Centre (NIEISC)