NMDC

Innovation and Incubation Centre (NICE)
Apply for IncubationApply for Fellowship

        Patron:

           Promoters:

IIT Hyderabad Logo

NMDC Limited

i-TIC Foundation

IIT Hyderabad

Patron:

NMDC Limited

Promoters:

i-TIC Foundation

IIT Hyderabad Logo

IIT Hyderabad

Who we are?

Flourishing a technology business with lack of skills or support is challenging. Let’s join hands for a ‘NICE’ Partnership.

Established in the year 2020, with the goal to support deep technology startups in India, NMDC Innovation and Incubation Centre (NICE) is a joint initiative by i-TIC Foundation, IIT Hyderabad and NMDC Limited. NICE is an emerging entrepreneurship incubation center for deep-tech start-ups, providing them fellowship and incubation support under the i-TIC Foundation at IIT Hyderabad.

Our main objective is to promote the spirit of entrepreneurship and innovation in the country while facilitating financial support, mentorship from world-class team of experts, access to latest tools and technologies and ensuring that you focus on your core business, while we do the rest.

Shri Sumit Deb

CMD, NMDC Limited

At the outset, it gives me immense pleasure to be a part of the initiative to support the startup ecosystem in the country. NMDC joins hands with ITIC Foundation, IIT Hyderabad to take forward our intent of nurturing budding startups which are working in deep tech areas. NMDC is a premier mining organisation and leading iron ore producer in the country. As a responsible corporate entity, NMDC always supported social causes which have potential impact on human lives. We are sure that the NMDC Innovation and Incubation Centre (NICE) located at iTIC foundation, IIT Hyderabad will be a go-to place for the young entrepreneurs to passionately pursue their entrepreneurship journey and create wealth for the benefit of society at large. All Forms of support to startups is envisaged as a part of this program. This will undoubtedly help to transform budding ideas to marketable products and eventually create sustainable ventures. I take this opportunity to invite young and enthusiastic entrepreneurs to take advantage of NMDCs’ initiative to pursue their dream of becoming a successful entrepreneur.”

Prof B S Murty

Director, IIT Hyderabad

“Deep Technology start-up companies are based on substantial scientific advances and tangible engineering innovation. It has profound enabling power and potential to catalyse change.’’

Our Mission for accelerating Startup Ecosystem

Calculations shape the world around us. NMDC Innovation and Incubation Centre is aiming at benefitting:

Startups

Fellows

Year Program

INR 10CR

Program Budget

Upto

INR 25L

Financial Support per Start up

Upto

INR 80k

Stipend Per Fellow every month

Our Core Focus Areas

Believing in continuous innovation, NMDC Innovation and Incubation Centre aims to support deep tech startups in the following areas:

AI/ML

Quantum Computing 

AR/VR/MR

Cybersecurity

Robotics

IOT

Industry 4.0

Blockchain

Electronics

Advance Materials

Drones

Biotech

Startups Partner with us because

Your organization doesn’t just enrol with NMDC Innovation and Incubation Centre; we emerge as your business partner for any concern you have for your business.

Mentorship

Financial Aid

Coworking Space

IP Support

Software & Tools

Technological Infrastructure

Networking Events

Makerlab

Startups we’re partnering with

Currently we are building following new and innovative companies who are benefitting from our varied experience in the Indian Startup Ecosystem.

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Gems of our Fellowship Program

Are you the one having innovative ideas but no one to guide you down the right path? Here are some of our fellows who are challenging themselves to greater heights.

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Address

NMDC Innovation & Incubation Centre

i-TIC Foundation  705, Academic Block C

Indian Institute of  Technology Hyderabad

NH-65, Kandi,  Sangareddy

Telangana – 502205

Phone

040 2301 6169

Email

nice@itic.iith.ac.in