Assistance to incubation institutes for supporting innovative start-ups through mentorship/ procurement assistance

Operated by
Industries and Mines Dept.-Industries Commissionerate, Government. of Gujarat
Purpose 
To provide assistance to start ups/innovation
Probable duration
01/01/2015 to 31/12/2019

Eligibility

  •  Eligible as an institution to support and mentor to innovators as approved by committee.

  •  It should be a registered Incubation Centre

Benefit Description

Assistance to incubation institutes for supporting innovative start-ups through mentorship/ procurement assistance

Application process

http://ic.gujarat.gov.in/documents/pagecontent/Annexure-1-Application-Form-start-ups.pdf

Other Details

Conditions if Any
  • Institution will support to the innovator by providing mentor services.
  • Institution will allow the innovator to use facilities available in the institution for start ups.
  • Rs.10,000/- per month will be provided to the innovator as sustenance allowance for one year whose project is recommended by institution as approved by Committee.
  • Government. will support selected innovator to get free access to University/Libraries/Government.
  • Laboratories/SDCs(GIDC)/CoE/PSUs to have more clarity on his innovative ideas/concept. Assistance once the Idea/Concept get commercialized.
  • Marketing/publicity Assistance of up to Rs.10.00 lakhs will be provided for the introduction of innovated product in the market.
  • Project of Innovated Product will be assisted in getting Venture Capital.
More Information
Annexure Link: -
Link: 
# Refer scheme for assistance to Start Ups/Innovation under the head New Industry Policy 2015 of the following link: http://ic.gujarat.gov.in/incentive-schemes.aspx

File: -