STARTUP SUPPORT
STARTUP SUPPORT
The Technology Business Incubator (TBI) at IITI DRISHTI CPS Foundation incubates and supports both registered startups as well as early stage entrepreneurs looking to establish a startup to commercialize their innovative products and solutions. The TBI is dedicated to creating and promoting a sustainable entrepreneurial ecosystem by supporting technology development and commercialization through financial assistance, technical and business mentorship and business connections for growth and further fundraising. The TBI facilitates technology validation of startup products and services by subject matter experts and industrial experts by conducting pilot tests with various end users.
Various events which encourage multiple stakeholder engagements are organized to help the startups in identifying potential channels of growth.
SCHEMES UNDER STARTUP SUPPORT
Entrepreneurship in Residence (EIR)
Under this scheme, the startups are incubated both virtually and physically and receive a monthly fellowship of INR 30,000 and INR 40,000 respectively, which is inclusive of a sustenance allowance of INR 10,000. During the incubation program which lasts for 12 months, the incubatees receive technical and business mentorship from subject matter experts, technology validation through industries, business networks along with other incubation facilities such as incubation space, startup bootcamps and other events.
Apply
Now
CLOSED
Promoting and Accelerating Young and ASpiring Technology Entrepreneurs (PRAYAS)
This scheme is proposed to facilitate the transformation of new and innovative ideas into prototypes through a financial grant. Registered startups with products which have a technology readiness level of 3 and above are eligible to apply for a grant of INR 10 lakhs. During the incubation program which lasts for 12 months, the incubatees receive technical and business mentorship from subject matter experts, technology validation through industries, business networks along with other incubation facilities such as incubation space, startup bootcamps and other events.
Apply
Now
CLOSED
Seed Support Scheme (SSS)
This scheme is designed for facilitating the growth of registered startups which have products with a technology readiness level of 4 and above. The financial support provided under this scheme ranges from INR 25 lakhs to INR 1 Crore. These funds are provided against equity, CCDS, CCPS or as debt. Along with financial support, technical and business mentorship form an integral part of incubation. Mentorship of the startups is tailored to their needs.
Apply
Now
CLOSED
SHAKTI 1.0
This is a pre- incubation program initiated for aspiring women entrepreneurs with technology driven innovative ideas and aims facilitate the development of prototypes for these ideas. It is a 8 week online program conducted by IITI DRISHTI CPS Foundation and supported by Flavorite Technologies. Female undergraduate, freshly graduated, post graduate students, PhD research scholars and early stage women entrepreneurs are encouraged to apply. Selected candidates receive a monthly stipend of INR 5000 and eligible ideas shall be incubated at IITI DRISHTI CPS Foundation.
To know more click here.