Incubation
The NICE Community is explicitly the most amazing community for promoting, advancing and growing tech entrepreneurs in India. We’re equally eager to listen to your ideas, shape them in the right direction and let you lead your own path, while supporting & guiding individuals as well as organizations at each step where they’re stuck.
Program Overview
The main goal of NICE incubation program is to support the companies flourish into successful business enterprises. The program offers the opportunity to entrepreneurs who are passionate about working on the deeptech startup idea. The program is designed to provide all the necessary support for scaling a new business venture. Under the incubation program, the startup would get financial aid of upto INR 25 lakhs (in exchange of 3% equity) and various other benefits. More details about program benefits can be found on the Benefits page.
Am I eligible for getting assistance from NMDC Innovation and Incubation Centre?
- The idea should be on deep technology.
- The start-up founder should be a citizen of India.
- Age limit for the founder is in between 18 to 35 years.
- Founder should be at least a graduate; preferably from Engineering, Medical or Science background.
- Definite Proof of Concept (PoC) is a prerequisite.
- Startups having their own IP are preferable.
I want to apply for incubation, what is the application process?
The application window is closed at the moment. Kindly check back later for applying.
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
nice@itic.iith.ac.in
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