Incubation Process
Timeline for growing your startupStart-ups Idea Selection
The startup idea selection stage aims to identify innovative and impactful ideas with strong problem–solution fit. Ideas are evaluated based on originality, feasibility, scalability, and social or economic relevance. Priority is given to technology-driven and market-oriented concepts. This process ensures only high-potential ideas move forward.
Idea Discussion & States Undertaking
Idea discussion sessions are conducted to evaluate and refine the startup concept through interactions with mentors and experts. These discussions assess innovation, feasibility, and alignment with incubation objectives while offering constructive feedback. Startups also submit a state undertaking declaring the authenticity of the information provided. The undertaking ensures compliance with institutional, ethical, and applicable government guidelines.
Incubation Application Form & Pitch Deck
Startups are required to submit a detailed incubation application form along with a structured pitch deck. The application form captures essential information about the startup, founders, idea, and business model. The pitch deck presents the problem, solution, market opportunity, and growth potential in a concise manner. Together, these documents support effective evaluation and shortlisting by the incubation committee.
Formation of Incubation Committee
Innovative ideas are identified and evaluated based on feasibility, originality, and market potential. Only ideas with strong growth prospects are selected for incubation.
Formal Form Submission
Applicants submit the finalized incubation application form along with supporting documents such as pitch decks and declarations. All submissions are made within the specified timeline and format. Applications are reviewed for eligibility, completeness, and compliance with incubation guidelines. Incomplete or late submissions may be rejected.
Committee Evaluation
The incubation committee evaluates applications based on innovation, business model, team strength, and scalability. Shortlisted startups are invited for presentation.
Start-ups Presentation
Each committee member fills out an evaluation sheet to score startups on predefined criteria. Final assessment is based on combined scores and expert feedback.
Evaluation Sheet & Assessment
Each committee member fills out an evaluation sheet to score startups on predefined criteria. Final assessment is based on combined scores and expert feedback.
Undertaking Form Submission
Selected startups submit an undertaking form agreeing to incubation rules and policies. This ensures commitment, compliance, and ethical conduct.
Letter of Intent
An official Letter of Intent is issued to selected startups confirming provisional admission. It outlines key terms and next steps in the incubation process.
Incubation Agreement
A formal incubation agreement is signed between the incubator and the startup. It defines roles, responsibilities, support terms, and duration.
Incubation Support
Startups receive infrastructure, mentoring, business support, and networking opportunities. Continuous guidance is provided to help scale and sustain the venture.
