Deadline: 14-Nov-21
NMDC Innovation and Incubation Centre (NICE) is currently accepting applications for its Incubation Program 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.
Areas of Preference by NMDC
- 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.
Benefits
- Co-Working Space: Good outcome requires the best environment, realizing the concern they are having well-equipped air-conditioned coworking spaces with high speed internet to make you more productive than ever.
- Infrastructure: Want to experiment or meet with prospects, leave that to them. With NICE Program you’ll get access to conference room, meeting rooms, maker Lab, IITH workshops and laboratories etc.
- Financial Aid: Don’t worry about the funds when partnering with NICE. They offer seed money up to INR 25,00,000 to each start-up. (in exchange of 3% equity).
- Mentorship Program: No reason to worry when in doubt. Your partnership with NICE provides you access to a world-class pool of mentors and community spanning across technology verticals that conducts mentorship sessions, One-on-One as mentoring per your requirement.
- IP Support: Want to file a patent? NICE provides guidance and support on patent filing, trademarks, service mark or copyrights registration to their enrolled start-ups and fellows.
- Latest Tools: While you’re building a start-up, they understand the importance of tools to enhance your productivity. With NICE, you’ll get handy access to various paid tools and resources.
- Networking Events: They at NICE are well aware of the importance of having community around the product. They organize and provide the start-ups and fellows access to events, conferences, webinars, seminars, workshops to network with investors, industry professionals, advisors, mentors, experts, start-ups and other stakeholders to get a fresh perspective on your ideas.
Eligibility Criteria
- 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.
For more information, visit https://www.niceprogram.in/incubation/