Technology Business Incubator
The Technology Business Incubator (TBI) programme, provides a platform for accreditation of start-ups through which the Department of Science and Technology (DST) and other government departments channel financing and support to start-ups. The supported incubators cover different technology areas and provide a channel through which several different funding programmes and services are distributed. As of 2021, there were around 125 TBI incubators supported by the government. The selection of start-ups for support is at the discretion of participating incubators. Participating incubators are eligible to receive funding from multiple government departments and programmes, which helps them to create a more diverse portfolio. Start-ups selected for incubation by TBI incubators can get access to a range of funds available from the DST and other government departments. These include: Start-ups selected for incubation by TBI incubators can get access to a range of funds available from the DST and other government departments. These include: Entrepreneur-in-residence. An INR 30 000 (Indian rupees) (USD 400) per month grant paid as a stipend to individuals with a technology business idea, mostly recent graduates who might otherwise leave the idea undeveloped and take a more highly paid job elsewhere. Seed Support System. Funding between INR 1 million and INR 2.5 million (USD 13 000 and USD 34 000), and exceptionally up to INR 10 million (USD 130 000), to be spent on a wide range of eligible costs, including product development, marketing, mentoring, intellectual property issues and personnel.
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