NCL-IIT (BHU) INCUBATION CENTRE (NIIC)
Its core strengths include Technology Commercialization in the sector of Agricultural, Agri-Business, Cleantech, Food Safety & Testing, Information Technology & E-Commerce, Bio-Technology & Health Sector. It provides services like Mentoring, Counselling, Training, Financial Linkages, Seed Funding, Lab Facility, Office Facility, Networking support, etc.
It is a joint collaboration of Indian Institute of Technology (Banaras Hindu University) and Northern Coalfields Limited. NCL — IIT (BHU) Incubation Centre, it also provides start to scale support for tech based startups.
Selection Criteria
Application
Presentation of the basic business pian to the selection committee after filling the application form.
Evaluation Parameters
Post concept phase innovation-based business model early stages of development with high-growth potential Provides economic benefits to the Society Illustrated ability for paying incubator rents while they develop positive cash flow At least 1 project member fully committed and involved in the project Business has legal freedom to operate
Signing of MoU
It is a formal step to outline the terms of collaboration between the incubator and a startup or another entity. This document typically sets the groundwork for how the incubator will support the startup in terms of resources, mentorship, infrastructure, or investment, and what the startup is expected to deliver or adhere to in return.
Provided Facilities
- Makerspace Network
- Cisco Sparkboard
- Sensors & Actuators Components
- Webex Teams