Amrita Technology Business Incubator is one of the approved NIDHI-PRAYAS centres by National Science & Technology Entrepreneurship Development Board (NSTEDB), Govt of India.
The NIDHI-PRAYAS programme would provide a grant of Rs 10 Lakhs to an aspiring innovator or a startup to build their ideas into a prototype.
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.
Total Grant Outlay Rs. 10000000
Submission Deadline 11 December 2021
The selected candidates (NIDHI-PRAYASEE) can avail the following benefits:
The Amrita TBI NIDHI-PRAYASEE will be eligible for a maximum grant of Rs 10 lakhs. Amrita TBI NIDHI-PRAYASEEs will be monitored very closely for the targeted milestones and are required to submit periodic progress reports.
A grant of Rs 10 Lakhs to build the prototype.
No tax for revenue upto INR 50 lakhs per year for a period of 3 years.
Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita Vishwa Vidyapeetham.
Access to VCs and angel investors for scaled funding.
Amrita TBI mentorship program brings in both national mentors and international mentors from Silicon Valley & Singapore with varied experience across multiple domains and sectors.
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