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Incubation Centre IIT Patna (IC IITP)

The Incubation Centre IIT Patna (IC IITP) is a technology business incubator located in Bihta, Patna, Bihar, focusing on Electronics Systems Design and Manufacturing (ESDM) and Medical Electronics. It supports early-stage startups with mentoring, technical facilities, and seed funding.

Website
iciitp.com
Recorded stages
Pre Seed, Seed
Recorded regions
India
Incubation Centre IIT Patna (IC IITP)
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Overview

The Incubation Centre IIT Patna (IC IITP) is a technology business incubator established in collaboration with the Government of India and the Government of Bihar. Founded as part of the MAKE IN INDIA initiative, it is registered under the Society Act. Located on the IIT Patna campus in Bihta, Patna, Bihar, the center focuses on incubating ventures in the Electronics Systems Design and Manufacturing (ESDM) and Medical Electronics sectors.

Focus

IC IITP supports early-stage startups and entrepreneurial aspirants primarily in the ESDM and Medical Electronics domains. The center provides a range of services including access to state-of-the-art technical facilities, mentoring from industry experts, and seed funding, aiming to help startups transition from the prototyping stage to market-ready products.

Support

The program offers mentorship, access to technical facilities, seed funding, and a supportive network to help startups develop their ideas into viable products.

Questions

Q: What is the application process? A: Startups can apply through our online application form. Q: What kind of support does IC IITP provide? A: We provide mentoring, technical facilities, and seed funding. Q: Is there an equity requirement? A: Yes, resident incubation takes 5% preference shares, while non-resident incubation takes 3%.

Overlapping documented focus

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