We need all the hands we can find to implement and administer the various strategies under our policy. Many of the benefits under the policy shall be administered through identified incubators as implementation partners in order to speed up the process without compromising on due diligence in disbursal of fiscal incentives. Physical incubation shall not be mandatory to ensure greater number of touch points through partner incubators.
New Age Incubation Network
To promote entrepreneurship in education across sectors and geographies, especially in Tier-2 cities, we are financially supporting professional educational institutes to setup their own incubators and fund 10 entrepreneurial student projects each, besides helping them through networking with ecosystem players and other partner incubators across the state.
Incubators Through Public Private Partnership (PPP)
To ensure access to incubation spaces at nominal charges to the startups, we will partner with globally and nationally well known incubators and accelerators and provide financial support. Emphasis will be given to incubation for hardware and manufacturing startups by establishing common prototyping, testing facilities, Skunk Labs, etc.
All partner incubators shall act as partner virtual incubators and create 4X touch points by extending services to virtual incubatees through such affiliation E.g.,: Administer incentives and funding under the policy, access to mentor and Investor network, subsidized use of instrumentation facility, networking events and assistance in use of startup booster kit.
Call for proposals will be announced soon.