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.

• 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.

• 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.

We are accepting applications for incubation, click on Apply Now.
Deadline: December 5, 2021