Amrita TBI is a non-profit startup incubator supported by Govt. of India and Amrita Vishwa Vidyapeetham that funds, mentors and nurtures ideas, startups and entrepreneurs. Virtual incubatees can operate from anywhere in India. Amrita TBI runs a scaled incubator program that incubates and accelerates startups that are in idea stages and growth stages. Amrita TBI also runs multiple programs such as Accelerator, Entrepreneur-in-Residence with the objective to help startups scale nationally and internationally. Amrita TBI is looking for:
In 2017, Amrita TBI won the National Award for the Best Technology Business Incubator in
India. Award was conferred by the President of India
Amrita TBI is one of the select 6 incubators that will be made world class under AIM, NITI Aayog, Govt. of India.
Amrita TBI was also listed among the Top-5 most prolific startup incubators in India by the Economic Times in 2015. Amrita TBI has incubated 104 startups and mentored more than 300 startup ideas.
Upto INR 1 crore per startup .One of the ten startup incubators in India that can provide scaled funding for startups.
Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita Vishwa Vidyapeetham.
No tax for revenue upto INR 50 lakhs per year for a period of 3 years.
One of the six startups incubators in India selected to be made world class.
Access to VCs and angel investors for scaled funding.
One-to-one mentorship by world class mentors from India, Silicon valley and Singapore.
Amrita TBI Accelerator is a fast paced program with a combination of the best practices to help early stage start-ups evolve into successful ventures. The startups can raise funding from invited external investors and Amrita TBI on the Demo Day. The total seed investment from Amrita TBI for the Top-3 startups is $100,000 USD.The startups Accelerator program is supported by Atal Innovation Mission, NITI Aayog and NSTEDB, Department of Science and Technology, Government of India.
Amrita TBI Accelerator program brings in both national mentors and international mentors from Silicon Valley with varied experience across multiple domains and sectors. They have been executives at Fortune 500 companies, built startups and products with local and global appeal. The program allows idea validation, iteration, building of customer development models, enhancing the business models and building a go-to-market strategy. In the end, the startup should be fundable-ready by Demo-Day.
To inspire the best talents to be entrepreneurs, minimise the risk involved in pursuing start-ups, and to partially set off their opportunity costs of high paying jobs, NSTEDB has introduced NIDHI-Entrepreneurs-in-Residence EIR) Programme.
Amrita Technology Business Incubator is one of the ten approved NIDHI-EIR centres by National Science & Technology Entrepreneurship Development Board (NSTEDB), Govt of India. Ten startup incubators are selected as Program Execution Partners under NIDHI-EIR program from all over India and Amrita TBI is selected from Kerala. The NIDHI-EIR Programme would provide subsistence grant upto INR 30,000 per month to an aspiring or budding entrepreneur of considerable potential for pursuing a promising technology business idea.
Amrita TBI can fund up to INR 1 Crore per startup. Funding is provided to prospective
companies by means of loan and/or equity Government of India- NSTEDB-Seed Support
System program, DST Technology Development Board(TDB) program, Ministry of Electronics and
Information Technology -TIDE program and MSME program. Amrita TBI also works with VC funds
in India that can invest in startup companies.
If you have a great innovative idea or product and are looking for funding, Amrita TBI PitchFest is the perfect platform to showcase your ideas/products. PitchFest is a unique initiative by Amrita TBI to find the most promising startups of India.
The PitchFest contest provides you a perfect platform to bring your idea to life. You get the opportunity to meet venture capitalists, CEOs and top C-level executives from around the world who can provide instant feedback to your ideas and business plans. You will also have the opportunity to network with these executives for further guidance. Startups that qualify for seed investment will receive mentorship in crucial areas for successful market penetration. Total seed investment outlay upto USD 200,000.
If you have a great innovative idea and are looking for funding, then Amrita TBI PRAYAS is the perfect platform to transform your ideas into prototypes/products. Amrita TBI PRAYAS is a unique initiative by Amrita TBI and supported by NIDHI, NSTEDB, Department of Science and Technology, Government of India to find and provide grants to the most promising ideas/startups in India.
Total Grant Outlay up to INR 1,00,00,000
Amrita TBI PRAYAS program will provide a grant of up to Rs 10 Lakhs per recipient.
CEO, NITI Aayog
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