
VIVEKANANDA INCUBATION FOUNDATION

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. VK Saraswat, Director – Incharge,
Prof. Ajay Taneja – Pro Vice Chancellor,
Prof. Ranvir Singh (On behalf of VC)
Registrar
Finance Officer
No of Incubators: 10, each 100 Sq Ft. with Free Office Setup, Wi-Fi facilities
Email: dbrauincubator@gmail.com
To emerge as leading incubator, promoting the spirit of innovation and entrepreneurship and offering high quality incubation facilities & guidance for the start-up community, and preparing good start-ups contributing to the well being of society and sustainable development of economy.
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.