Incubate with Us

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.
Founder should be at least a graduate; preferably from Engineering, Medical or Science background.
Definite Prototype is a prerequisite.
Startups having their own IP are preferable.

Areas of Preference

Improving process efficiency in iron ore mining to steel value chain
Innovative solutions suitable in the process of dry beneficiation of iron ore & coal
Innovative solutions suitable for beneficiation of low/lean grade iron ore
Innovative solutions suitable for enhanced utility of pneumatic conveying of minerals
Innovative solutions for improving the process of coal gasification
Enhancing the safety of fleet operation during foggy weather conditions in mines
Enhancing the safety in underground and open cast mines
Innovative solutions for condition monitoring of machinery used in mining [iron ore & coal] and steel industries
Innovative solutions to help reduce greenhouse gases [GHG] and economic production of green energy.