According to Wiki, Seed accelerators are a modern, for-profit type of startup incubator, with an open application process, taking in classes of startups consisting of small teams, supporting them with funding, mentoring, training and events for a definite period (usually three months), in exchange for equity. While traditional business incubators are often government-funded, generally take no equity, and focus on biotech, medical technology, clean tech or product-centric companies, accelerators are privately-funded and focused on mobile/Internet startups.
The primary value to the entrepreneur is derived from the mentoring, connections, and the recognition of being chosen to be a part of the accelerator. The business model is based on generating venture style returns, not rent, or fees for services.
Seed accelerators do not necessarily need to include a physical space, but many do. The process that startups go through in the accelerator can be separated into five distinct phases: awareness, application, program, demo day, post demo day.
Though India direly needs a lot of well planned startup accelerator programs across different verticals, we still have a huge number of such facilities at our disposal, a lot of them persistently active even in the non glamorized fields of likes dairy technology and agriculture. For the sake of convenience, these have been broadly categorized into three different groups, that is, incubators at : Technical institutes, business schools and privately owned accelerators.
Here is the list of Incubation Centers at Technical Institutes ( Technology Business Incubators). The other two categories will be added in future updates.
|Amity Technology Incubator, NOIDA||ICT|
|Amrita University TBI, Kollam||E-learning,IT & Innovative technology|
|Anna University, Chennai||Biotech|
|Bannari Amman Institute of Technology, Coimbatore||Biotech in agro, industrial & rural sector|
|NSIC, BIT Mesra||Mechanical Engg.|
|DKTE Textile & Engg Institute, Maharashtra||Textile technology|
|Ekta Incubation Centre, WBTU, Kolkata||Biotech, IT|
|DTU Incubation Centre, Delhi||Mechanical Engg|
|IIT Delhi||Innovative Tech across all sectors|
|IIT Guwahati||Innovative Tech across all sectors|
|IIT , Roorkee||Environment,Materials & IT|
|IIT Mumbai||Innovative Tech across all sectors|
|IIT, Chennai||Technologies for rural areas|
|IIT, Kanpur||IT & other innovative technologies|
|IIT, Kharagpur||ICT &Electronics|
|IIT, Varanasi||ICT,Biotech,Food Sector, Agriculture & allied Sector|
|JSSATE STEP, NOIDA||Innovative Products & services|
|IIIT Hyderabad||ICT &Electronics|
|IIIT Bangalore||Automotive & Health Care|
|KIIT Centre for Innovation||Biotech, ICT|
|TBI-KEC, Perrundurai, TN||Electronic and Instrumentation|
|MUTBI, Manipal||IT & Health Care|
|NIT, Bhopal||IT & Innovative Technologies|
|NIT,Calicut||IT & Electronics|
|PSG college of Technology||Mechanical engg|
|NIT, Trichy||Innovative Tech across all sectors|
|VIT, Vellore||Automotive Engg, Biotec & Leather Products|
|St. Peters Enng College TBI, Hyderabad||Refrigeration & cold Chain|
|Thapar University, Patiala||Agri Biotech, Fertilizer,Food processing|
Government Supported Specialized Institutes Incubation Centers
Most of these incubators work for the development of enterprises in non conventional, or rather non glamorized fields like agriculture, composite materials, diary, agriculture etc. These facilities need to take up the task of effectively promoting themselves, as I believe these can be India’s key towards a sustainable growth.
|Composites Tech Park, Bangalore||Composites based on coir, jute, bamboo|
|E health TBI, Bangalore||ICT enabled health management & services|
|IKP, Hyderabad & Secundrabad||Life Sciences|
|ICRISAT, Hyderabad and Coimbatore||Agri Business|
|IICT, Hyderabad||Medicinal Chemistry|
|MITCON TBI, Pune||Agri Biotech|
|MICA, Ahmedabad||Communication Technology|
|NDRI, Karnal||Dairy Technology|
|NID, Ahemdabad||Consumer goods, Design Technology|
|NSIC, Ahmedabad & Hyderabad||Energy, Pumps|
|Periyar TBI, Thanjavur, TN||Herbal Health Products, Medicinal Plants|
|SIIR, New Delhi||Rubber,Plastic,Polymers & Wastes|
|UOM-TBI, Madras||Agri Biotech, Fertilizer,Food processing|
|Venture Center, Pune||Material Centric Products|
|Growth Lab, Pune Technopark, TrivendrumAgriIncubator, CochinCIBA, Goa Ginserv, Bangalore TIME IS, New DelhiStartup Village, Kochi||Automobile, Health, PharmaIT & BioinformaticsAgriculture and FisheriesInnovative TechnologiesTechnology CompaniesAlmost EverythingClaims to be India’s Silicon Valley|
Incubation Centers at Business Schools
A funny observation: Of all the above, only CIIE and NSREL provide incubation in true sense. The rest are just active entrepreneurship cells of some really good B-schools, and do not offer incubation facilities to other than their own students.
Privately Owned Seed Stage Startup Accelerators
These incubators have been set up by powerful VC houses and thus are among the most sought after startup accelerators.
The Morpheus, Chandigarh – has supported 56 startups till date
The Startup Center, Chennai
Veddis Ventures, Gurgaon
India Angel Network, New Delhi
Angel Prime, Bangalore
Dasra, Mumbai (exclusively for Social Entrepreneurship)
Villgro, Chennai (exclusively for Social Entrepreneurship)
SpringBoard Ventures, Mumbai
UnLtd India, Mumbai
Infuse Ventures, Ahmedabad (a collaborative effort of Govt. and industry to support energy based start up)
Freemont Partners, Mumbai
Gemini Ventures, Mumbai
The Hatch, Gurgaon and Chandigarh
We will keep updating this list, both in terms of latest additions and also with better information for helping out the new entrepreneurs.
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