Deadline: 21-Jun-22
Applications are now open for the NRDC Incubation Program!
The innovation, entrepreneurship and start-up ecosystem is rapidly advancing in the country, due to pro-active policies of Government of India like StartUpIndia, StandUpIndia, Make in India, Digital India etc. And many institutions/ departments in the country are aligning their programmes in line with the above Gol flagship programmes NRDC has been possessing all the elements in the innovation value chain like, technology sourcing, assessment of technology, technology evaluation, scale up prototype development, assistance for IPR protection, field testing, market survey, preparation of BEDP and commercial launch.
NRDC is part of StartUp India Action plan and to leverage the startup innovation ecosystem along with NRDC expertise, a guideline of incubation center at NRDC was formulated in 2017 and incubation service was started in 2018.
Incentives
NRDC shall provide 5 Lakh as a seed fund support for its Incubatee.
Eligibility Criteria
- Applicants must have valid certificate of Startup India issued by DPIIT
- Applicants would be required to incorporate its entity as “Private Limited Company with share capital” before signing of MoU for incubation
- Incubatee shall, within a month of signing of agreement, issue 2% (two) of the paid up share capital of the Company to NRDC
- The proposed idea for incubation must be technology based and innovative; if a similar product/ technology already exists in the market,
- A value addition must be proposed.
- Before signing the agreement with NRDC, companies/ persons registering will have to submit following documents:
- PAN Card
- Soft copy of the passport size photo of all promoters
- ID Proof of Promoters (PAN CARD/ Aadhaar/ DL/ Passport)
- Two References (Clients/ Academics/ Any Other)
- Company Incorporation Certificate (to be submitted within 1 month of registering at NRDC)
- Executive Summary of Idea
- Permanent address proof
- Maximum available space will be given for incubated companies (NRDC may consider providing extra space on case to case basis)
For more information, visit https://www.startupindia.gov.in/content/sih/en/ams-application/incubator-program.html?applicationId=61ea515be4b020b2f887351d