Company Age: Period of existence and
be exceeding 10
from the Date of Incorporation.
Company Type: Incorporated as a Private
a Registered Partnership Firm or a Limited Liability
Annual Turnover: Should have an annual
exceeding Rs. 100
any of the financial years since its incorporation.
Original Entity: Entity should not have been
splitting up or
reconstructing an already existing business.
Innovative and Scalable: Should work towards
or improvement of
product, process or service and/or have scalable
for creation of wealth & employment.
The start-up teams meeting these norms (based on
incubation in a prescribed format to the Centre. The
duly constituted by Governing Council of Centre, will assess
suitability of the
The start-up teams meeting eligibility criteria
shall submit an application for incubation in a
format to the Centre.
The selected teams can present a detailed incubation
the preliminary round of
discussions and presentations to the Centre. This
indicate the credentials and
duties and responsibilities of the team members,
the period of incubation, assistance expected from
If this Incubation Plan is recommended by the
AIC and The
Startup Team will sign a Memorandum of Understanding
the Incubation assistance.
Incubation activity will commence with effect from