Amrita TBI Startup Incubation and Funding Programme

About

Early-stage and growth-stage startups from across sectors can apply year-round to be incubated at Amrita TBI, where they receive mentorship, lab and co-working access, and funding of up to INR 1 crore per startup through grants and debt or equity instruments.

Benefits

• 💰Funding of up to INR 1 crore
  Selected startups can access funding of up to INR 1 crore per startup, provided through grants and debt or equity investments.
• 🧑‍🏫 Mentorship
  Incubated startups are supported by national and international mentors, including mentors from Silicon Valley and Singapore, across multiple domains and sectors.
• 🏢Incubation and co-working space
  Physical incubatees can work from incubation and co-working spaces in Kollam and Bengaluru, with high-speed workstations, high-end PCs and round-the-clock security.
• 🔬Lab and prototyping access
  Incubated startups get access to a FABLAB for prototyping and low-volume production plus more than 100 multidisciplinary labs at Amrita Vishwa Vidyapeetham.
• 🤝Investor network
  Incubated startups gain access to VCs and angel investors and can raise funds from Amrita TBI partners through investor connect programmes.
• 💸Partner credits and discounts
  Incubated startups are listed for USD 1,000 in AWS credits (USD 5,000 for funded startups) and discounts of up to 20% from partners for accounting and legal services.
• 🧾GST exemption
  The incubator lists no tax for revenue up to INR 50 lakhs per year for a period of three years.
• 🎓Intern talent
  Incubated startups can access the intern pool from Amrita Vishwa Vidyapeetham.

Eligibility Criteria

• Startups at the idea stage may apply.
• The programme also incubates and accelerates startups at the growth stage.
• Amrita TBI states it is looking for early-stage and growth-stage startups with developed ideas.
• The programme is open to startups in various sectors, including technology, healthcare and agriculture.

Participation Commitments

• Applications are submitted through the Amrita TBI incubation application form.
• Physical incubatees work from Amrita TBI incubation and co-working spaces in Kollam and Bengaluru.
• Virtual incubatees operate remotely from anywhere in India.
• Once accepted, startups can stay in the programme for up to three years.

Target Sector

Sector agnostic, Agriculture & Food, Defense & Security, Education, Energy & Utilities, Financial Services, Government & Public Sector, Healthcare & Life Sciences, Manufacturing, Media & Entertainment, Real Estate & Construction, Retail & Consumer, Semiconductors & Electronics, Sports & Fitness, Telecommunications, Transportation & Logistics, Travel & Hospitality, Other

Target Location

Virtual incubatees can operate from anywhere in India, so participation is not tied to a single city. Physical incubation space is available at Amrita TBI offices in Kollam, Bengaluru and Coimbatore.