India’s entrepreneurial ecosystem is significantly bolstered by various government-sponsored incubation centres and programmes aimed at nurturing startups across diverse sectors.
1. Atal Incubation Centres (AICs)
Launched by the Atal Innovation Mission (AIM) under NITI Aayog, AICs are designed to foster innovation and entrepreneurship in academic institutions, SMEs, and NGOs. These centres provide state-of-the-art infrastructure, mentorship, seed funding, and industry linkages to startups, focusing on sectors like manufacturing, healthcare, agriculture, and education. Each AIC receives up to ₹10 crore in funding to establish world-class incubation facilities.
2. Technology Incubation and Development of Entrepreneurs (TIDE 2.0)
Implemented by the Ministry of Electronics and Information Technology (MeitY), TIDE 2.0 aims to promote tech entrepreneurship in areas of national importance. The scheme supports incubators in setting up facilities for startups working on emerging technologies like IoT, AI, and blockchain. It provides financial assistance for infrastructure, prototyping, and product development.
3. NIDHI – Technology Business Incubators (TBI)
The Department of Science and Technology (DST) under the National Initiative for Developing and Harnessing Innovations (NIDHI) supports TBIs across India. These incubators focus on nurturing deep-tech startups by providing access to research infrastructure, seed funding, and mentorship. They aim to bridge the gap between innovation and commercialization.
4. Startup India Seed Fund Scheme (SISFS)
Launched by the Department for Promotion of Industry and Internal Trade (DPIIT), SISFS provides financial assistance to startups for proof of concept, prototype development, product trials, and market entry. The scheme aims to support startups in their initial stages, enabling them to become investment-ready and scale their operations.
5. Biotechnology Industry Research Assistance Council (BIRAC)
An initiative by the Department of Biotechnology, BIRAC supports biotech startups through various schemes like LEAP (Launching Entrepreneurial Driven Affordable Products) and SEED (Student Entrepreneurial Development). These programmes provide funding, mentorship, and infrastructure support to startups working on innovative biotech solutions.
6. Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme
Implemented by the Ministry of Food Processing Industries, PMFME aims to enhance the competitiveness of micro food enterprises. The scheme provides financial assistance for setting up common infrastructure, quality control labs, and training programmes. It focuses on promoting local food processing units and improving their market access.
7. Ratan Tata Innovation Hub (RTIH)
Established in Andhra Pradesh, RTIH is a government-led incubator focusing on deep tech, AI, and sustainability. The hub provides comprehensive support to startups, including incubation, intellectual property rights guidance, skill development, and digital transformation. It aims to empower youth and foster innovation across the state.
8. Startup Warehouse, Gurugram
Supported by the Haryana government, Startup Warehouse is a state-of-the-art incubation facility offering co-working spaces, mentorship, and networking opportunities. It aims to create a conducive environment for startups to grow and scale their operations.
9. Amrita TBI
Amrita TBI, supported by the Government of India and Amrita Vishwa Vidyapeetham, is a non-profit startup incubator that funds, mentors, and nurtures ideas, startups, and entrepreneurs. It runs multiple programs including Scaled Incubator program, Amrita TBI Accelerator program, Amrita TBI PitchFest, and Amrita TBI StartupHub.
10. Chandigarh University Innovation and Incubation Centre (CUIIC)
CUIIC provides a platform for students and alumni to transform their innovative ideas into viable businesses. The centre offers mentorship, funding assistance, and access to a network of industry experts and investors. It focuses on sectors like technology, healthcare, and education.
These government-sponsored incubation centres and programmes play a pivotal role in fostering innovation, supporting early-stage startups, and contributing to the growth of India’s entrepreneurial landscape. They provide the necessary infrastructure, mentorship, and financial assistance to transform ideas into successful businesses.