With the globalization of Indian economy, the traditional
sectors as well as hi-tech areas are in immediate need of
innovations and fresh technological inputs. Emerging technological
and knowledge-based ventures seek nurturing of ideas form
professionals for which one need to go beyond the traditional
venture capital activity. Such entrepreneurial ideas have
to be fostered and developed in a supportive environment before
they become attractive for venture capital. Hence the need
arises for incubation centers.
the importance of Information Technology and its contributions
towards export earnings, NSIC established its first Software
Technology Park at Okhla in 1995. The Park has met its objectives
in terms of facilitating establishment of business units within
minimum lead time and creating the complete business environment
conducive to software exports. Based on the experience gained,
a Technology Business Incubator in IT sector is being established
at Okhla. This initiative is also aimed towards backward integration
of the existing NSIC STP objectives.
sustainable entrepreneurship development in the area of ICT
especially first generation entrepreneurs.
Nurturing the innovative ideas to commercially viable business
Encouraging commercialization of R&D outputs into commercial
Harness the expertise of NSIC in extending hand holding of
start-up companies to become successful SSI enterprises.
Networking between R & D and industry
who would like to become an entrepreneur or have founded an
Groups of researchers´ nearby universities who are partially
financed by an industrial partner in-charge and who develop
products adapted to this partner´s needs
Students or ideally potential employees of start-ups, who
are in need of some practical training in the industry.
People who have an established credibility in the industry
and would subsequently like to start product development on
Secondary target groups :
who financially commit themselves to researchers´ groups
as well as to the start-ups at the Incubator.
Clients and sales partners who are interested in cooperation
with researchers´ groups and start-ups at the Incubator.
Industrial enterprises, universities and private training
institutions who are interested to transfer their know-how
within the qualifying offers of the Incubator and mediate
NSIC Technology Business Incubator on Information Technology
is located in the premises of NSIC Technical Services Centre
at Okhla Industrial Estate, New Delhi. This location is ideal
for the occupants of incubator due to the prevailing conducive
environment for software development and presence of established
small-scale entrepreneurs in software development housed in
the NSIC Software Technology Park.
to move in Built-up Space
Standard Computer Hardware facilities
Access to Software Library
Internet and Business Centre facilities.
Facilitation in fine tuning business plans
seed finance / venture capital
Support in legal formalities
of business partners
J. V / technology transfer
Legal and statutory formalities for launch of enterprise
prospective entrepreneur has to submit an application in the
prescribed format to NSIC. The application should contain
a business plan of the proposed idea to be incubated giving
details of technological advantages, marketing opportunities
and financial considerations.
All the applications will be scrutinized on the merit basis
by a selection committee. After the preliminary scrutiny,
the applicant will be called for presenting his business plan
to the selection committee.
The selection criteria are based on the strengths & merits
of the business plan and the basic entrepreneurial skills
of the applicant.
The business ideas of the prospective entrepreneurs will be
dealt with high confidentiality and professionalism. NSIC
ensures its best efforts towards maintaining the confidentiality
of the business plans, however, does not take responsibility
of legal, patent or any other obligations of all the applicants.
The decision of the selection committee is final and binding
on the applicants.
After the selection, the prospective entrepreneur has to sign
an agreement with NSIC to start working in the incubator.
products and services of information technology are technologically
sensitive and have shorter life cycles, the incubation period
is kept at maximum of 12 months. However, in the deserving
cases, as recommended by the selection committee, the time
may be extended maximum to another 6 months in the intervals
of 3 months each.
the incubator occupants shall have to submit a monthly progress
report of their activities to NSIC. A quarterly review will
be taken by NSIC objectively to analyze the milestones to
be achieved as per the business plans submitted by the occupants.
Unsuccessful projects are liable to be terminated during the
The incubator occupants have to complete the requisite business
process to become enterprises within 12 months failing which,
NSIC will withdraw the infrastructure facilities and other
services being provided to the entrepreneurs.
Any occupant maturing within 12 months may vacate the facilities
at the incubator.
the utilization of the space and infrastructure of NSIC-TBI,
the prospective entrepreneur shall pay a monthly licence fee
to NSIC. In addition to the licence fee, business center,
telephone and internet charges are also payable on actuals.
Expert services like marketing, legal, accountancy etc. are
prescribed application form is downloadable (Please
Click Here) free of cost. The application along with the
business plan shall be submitted to ;
Manager - NSIC TBI-Okhla,
Okhla Industrial Estate, New Delhi-110020