Atal Incubation Centre incubation programme (AIC-SMUTBI)
A programme by Sikkim Manipal Institute of Technology (Sikkim Manipal Institute of Technology)
A 20-week incubation programme for early-stage technology and innovation start-ups, run by AIC-SMU Technology Business Incubation Foundation inside SMIT's campus.
At a glance
| Best for | Early-stage technology start-ups registered as a company or similar entity |
|---|---|
| Duration | 20 weeks |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Atal Incubation Centre incubation programme (AIC-SMUTBI)
AIC-SMU Technology Business Incubation Foundation is an Atal Incubation Centre set up under the Atal Innovation Mission, NITI Aayog. It is housed inside SMIT's campus, but it is a separate foundation from the institute. It provides infrastructure, mentorship and seed grants to early-stage ventures, and runs an intensive 20-week programme built on 12 critical success elements.
What you get
- Infrastructure and mentorship.
- Seed grants to promising entrepreneurs.
- A 20-week incubation programme.
Who can apply
- Entrepreneurs and start-ups with an innovative product, process or service and a scalable business model.
- The start-up must be registered as a company, one person company, partnership, limited liability partnership or another notified commercial establishment, and must be no older than 10 years.
- Founders with no legal registration can apply in the names of all promoters, and must register within one year of starting incubation.
How selection works: screening takes at least 3 to 4 weeks after applications close. Shortlisted applicants pitch to a selection committee, which weighs innovation quality, IP potential, sustainability, employment potential and team strength.
How to apply: apply through the online application page on the AIC-SMUTBI website.