Introducing Incubator of the week Indian Institute of Technology Guwahati: Aims to encourage entrepreneurial initiatives

An incubator is a collaborative program for startups usually physically located in one central workspace and designed to help them succeed by providing workspace, seed funding, mentoring and training.

Earlypad believes in supporting early stage entrepreneurs to connect with incubators who help in business growth and conversion of new ideas into business opportunities.

Incubator of the Week

Indian Institute of Technology Guwahati

Indian Institute of Technology Guwahati, the sixth member of the IIT fraternity, was established in 1994. At present the Institute has eleven departments and five inter-disciplinary academic centres covering all the major engineering, science and humanities disciplines, offering BTech, BDes, MA, MDes, MTech, MSc and PhD programmes.

Vision & Mission

Its goal is to encourage entrepreneurial initiatives amongst the faculty and alumni of the IITG community in particular and other State or Central Government Technical Institutions of the North East. This center facilitates interdisciplinary research with special emphasis on the development and innovation of high-growth- knowledge-based-business and nurtures indigenous products with innovative hardware/embedded designs. Its motto is to implement innovative ideas into a commercially viable product through technology startup companies.

Services Offered

  • Business Support: Provides assistance in company formation, provides assistance for Regulatory Clearances, Vetting Business Plans, etc.
  • Technical Support: The incubatee companies are provided with support of Laboratories, Workshops and the Library of IIT Guwahati as per the norms of IIT Guwahati.Testing facilities are also available in the IIT Guwahati for incubatees.
  • Financial Support: The IITG-TIC provides financial support to the Incubatee Companies in the form of Soft Loan with minimum simple interest, from the funding agencies.
  • Legal Support: The Incubatee Companies would also be assisted by the Legal Advisers of IIT Guwahati as and when required on chargeable basis.
  • Networking: Networking with Domains Experts, Consultants, Venture Capitalist and other funding agencies are some of the facilities provided.
  • Funding:The soft loan is available upto 80% of the Project Cost.

Current Incubatees

  • Pepthera Laboratories Pvt Ltd
  • Quantsolar Technologies Pvt Ltd
  • Probyto Data Science and Consulting Pvt Ltd
  • Xeality IT Technologies Pvt Ltd
  • Izake Design and Consultancy Pvt Ltd
  • Renergy Solutions Pvt Ltd
  • DFM Infoanalytics Pvt Ltd
  • Viridi Industria Technosolution Pvt Ltd
  • RD Grow Green India Pvt Ltd
  • Innotech Tnterventions Pvt Ltd
  • Beta Tank Robotics Pvt Ltd

Just in case you want to go through their social pages we have listed down the social media links of IITG@Technology Incubation Center

Facebook:https://www.facebook.com/iitgwt/

Linkedin:https://www.linkedin.com/school/iitg/

Twitter:https://twitter.com/IITGuwahati

Instagram:https://www.instagram.com/iitgwt/

Youtube:https://www.youtube.com/IITGuwahatiOfficial

Check out the talk by our hon’ble PM announcing about IIT Guwahati Kit development.

 

Leave a Reply

Your email address will not be published. Required fields are marked *