The Vivekananda Incubation Foundation was established in 2022 and incorporated on 22^nd June  of the same year under the Companies Act of 2013 (18 of 2013). It is funded by the Government of Uttar Pradesh, as per Letter No. UPLC:Startupniti-2020(2022-23)/1022 dated 2^nd May, 2022 with an amount of 30 lakh rupees per annum for the next 5 years.

VIF began its journey with two startups, and now has a total of 10 incubatees in various demanding sectors of society, including Agriculture, Energy, Textile, Lifestyle, Health and Well-being, and Cinema. Two of these startups have been granted funding for Prototype Grant by the Government of Uttar Pradesh, receiving an amount of Rs. 5 lakhs each.  At its core, VIF is committed to nurturing the next generation of change-makers and visionaries. By providing aspiring entrepreneurs with the necessary tools, resources, and mentorship, VIF empowers them to turn their dreams into reality. Through its robust incubation programs, VIF guides startups through every stage of their journey, from ideation to market entry and beyond. 

Moreover, VIF fosters a culture of collaboration and community. By bringing together a diverse network of mentors, industry experts, investors, and fellow entrepreneurs, VIF creates an ecosystem where ideas can flourish and innovations can thrive. Through peer-to-peer learning, networking events, and access to state-of-the-art facilities, VIF provides a supportive environment for startups to grow and scale.

Incorporates as:    A section 8 Company (under the Companies Act, 2013) not profit company

Host Institute:       Dr. Bhimrao Ambedkar University, Agra

Board of Directors:        Prof. V.K. Saraswat, Director Incharge

                                               Prof. Ajay Taneja, Pro Vice Chancellor

                                               Prof. Ranveer Singh, VC Nominee

                                               Registrar,

                                               Finance Officer

No. of Incubators: 12 , Each 100 Sq, Feet with Free Set Up, Wi Fi

E-Mail: dbrauincubators@gmail.com                              

VIF’s vision is to emerge as leading incubator, promoting the spirit of innovation and entrepreneurship towards preparing good start-ups contributing to the well-being of society and sustainable development of economy. 

The Mission of VIF is to offer high quality incubation facilities & guidance for the start-up community, and catalyze startup culture by building a strong and inclusive ecosystem for innovation and entrepreneurship.

To provide essential support to Start-up companies having innovative ideas but lack resources to translate their ideas into viable businesses.

        Facilities Available at VIF

• Co-Working Space of 100 Sqft with office setup.   
• Conference / Meeting Room,  High Speed Internet
• Access to Government Incentives & Grants under Start-in-Up programme ,
• Access to investor community/VCs,
• Mentorship guidance from Industry practitioners and Institutional Faculty
• Support in Institutional Procurement to VIF Start-ups,  Start-up support services from MoU partners, etc..

      Government Incentives for Start Ups

• Sustenance allowance of INR 17,500 per month per startup for a period of one year
• Prototype grant of up to INR 5 Lakhs is provided to startups to get their MVP ready.
• Seed Capital/Marketing Assistance up to INR 7.5 Lakhs to launch MVP in the market.
• Reimbursement of up to INR 2 Lakhs for Indian patents and INR 10 Lakhs for International Patents for filing the successful patent.
• Reimbursement to startups for participation in events – upto INR 50,000 for national events and INR 1 Lakh for international events.
• Startups having women/ Transgender/ Divyangjan cofounders with more than 26% equity shall be eligible to get additional 50% incentives on Sustenance Allowance and Seed Capital.
• Additional 50% shall also be given to startups having registered offices/operations in Purvanchal /Bundelkhand regions or cofounders hailing from Economically Weaker Sections (EWS) or startups working in the following sectors – Rural impact, Circular Economy, Sustainability, Renewable Energy & climate change. Whether a startup is covered under the above-mentioned sectors will be decided by PIU based on the recommendation of EC.

Startup Definition 

https://startinup.up.gov.in/startup-definition/

Uttar Pradesh Startup Policy, 2020 (First Amendment-2022) 

https://startinup.up.gov.in/state-startup-policy/

Startup Supporting Policies  

https://startinup.up.gov.in/government-policies-2/

Startup Registration Manual 

https://startinup.up.gov.in/wp-content/uploads/2023/06/User_Manual_Startup_Registration-New.pdf

Frequently Asked Questions (FAQs) for Startups 

https://startinup.up.gov.in/faqs/

       VIF Activities

• ViF Awareness Campaigns
• ViF Mentoring Sessions
• ViF Promotional Work shops
• ViF in Media
• ViF at UPGIS 2023

VIF-Startups-Details