Last week, we shared a useful list of accelerators in Delhi-NCR for young entrepreneurs to use for their growth.
Today, we will share a list of Delhi’s top incubators. At the outset, incubators are different from accelerators. While accelerators give your business a much-needed push, incubators are a resource where one can develop their products in an efficient manner. Since startup companies lack the resources, network and operational skills needed – the incubators provide services that get a business through its early stage. An incubator is used by businesses at a very early stage to develop prototypes to full-fledged products.
Here are your must know incubators in the capital:
The Amity Innovation Incubator is a pioneering concept in the context of Indian Universities. Supported by DST, Ministry of Science & Technology, GOI, ‘Amity Innovation Incubator ‘ has in a very short time of its existence earned an enviable position for itself with start-ups which have regularly been on top of the innovation curve and have been recognized on platforms like ‘The Power of ideas’, Read Herring Global winner, Tata NEN and NASSCOM Innovation Awards to name a few. Founded in 2008 in Noida, the AII has always wanted to help projects that think about the future.
At TBI, ideas and innovations are nurtured in a holistic view along with the incubation of juvenile technologies into commercially feasible ventures. The TBI provides a unique interface for academic and industry wherein the laboratory scale research can be converted into pilot scale processes. Product development shall also form an important part of the TBI. State of the art technical and incubation facilities have been developed in different area of Industrial microbiology and biotechnology that helps incubatees in developing newer innovation and ideas into feasible technologies and their subsequent commercialization.
Shriram Institute-Technology Business Incubator (SRI-TBI) has been setup in the premises of Shriram Institute for Industrial Research, Delhi under the sponsorship of Department of science & technology (DST), Government of India. Believing in Ideas, Innovation, Incubation and Commercialization, SRI-TBI promotes and contribute to the growth of indigenous industry and economy by fostering the entrepreneurial spirit. Covering a wide range of industries, there is something for everyone at this incubation centre.
Based out of IIT Delhi, this incubator only incubates startups started by people having some or the other IIT Delhi lineage. They can either be a part of the academic staff, be a student or an alumni of the institute. The incubator has very strict selection guidelines and startups not having any connection with the institute can still make the cut by tying up with the institute’s professors. The incubator makes available MSME and DST grants for the startup’s funding needs. The objective of the TBIU is primarily to promote partnership with new technology entrepreneurs and start-up companies.
Inviting entrepreneurs with an engineering background from any educational institute in the City, TBI NSIT look to develop certain product ideas and are willing to convert their ideas into commercial products. The institute will provide necessary facilities including office space, R&D and some funding for this purpose. The TBI at NSIT deals specifically in technology startups.
So what are you waiting for? Incubate your businesses now with these incubators and start your journey to change the world!