ATAL INCUBATION

CENTRE
APPLICATION
PURPOSE OF INCUBATION CENTRE

 help start-ups in their journey to become successful and

scalable enterprises (help entrepreneurs grow their business)
 They solve some of the problems commonly associated with
running a startup by
 providing workspace,
 seed funding,
 mentoring,
 networking,
 training and a host of other resources that are required for the
startup to survive and scale.
WHO CAN APPLY?

 higher educational institutions,

 R&D institutes,
 corporate sector,
 alternative investment funds registered with SEBI,
 business accelerators,
 group of individuals, and individuals are eligible to apply.
FUND & CONTRIBUTION
Upto 35% - Capital Expenses
22.5% Personal Expenses
REQUIREMENTS

SPACE – READY-TO-USE BUILT-UP SPACE

 5000 SQ.FT ( NO LAB )
 10000 SQ.FT (WITH LAB SETUP )
WHAT ARE THE DOCUMENTS TO BE
SUBMITTED?
 Letter of intent from the partners, if any

 b) Registration
Certificate of the Institution(TRUST DEED
& COLLEGE APPROVAL)
 c) Business Plan including Budget Plan
 d) Applicant’s Declaration on letterhead
 e) Last three F.Y. P&L statements of the Host applicant
BUSINESS PLAN
 1.1 The business plan to be attached must be either in a word or pdf
document.
 1.2 The business plan must not exceed more than 25 pages (PDF of not more
than 2MB).
 1.3 The business must include following components:
 a) Executive Summary (max 250 words)
 b) Incubator team, board members and governance structure – proposed
 d) Describe the local/regional innovation ecosystem and why do you feel there is a
requirement to scale up
 g) Proposed scale-up plan to become world class. Provide details of programs, physical
infrastructure requirements, capacity expansion, personnel, along with corresponding
financial requirements (250 words)
 h) Sustainability and revenue generation model –
 i) Detailed Budget Plan (Indicative guidelines given below)
 j) Quarterly and annual deliverables for the duration of the project and projections /
goals for KPIs (Indicative format given below)
 l) Attach the list of mentors (Names, Designation, Organisation, Area of Mentoring)
 m) Attach list of equipment, if any, that you shall procure for scaling up
GUIDELINES FOR THE BUDGET PLAN
The budget plan should include the following heads:
a) Capital Expenditure including sub heads for Purchase of Equipment and Facilities
(Renovation & interiors)
b) Incubation Services to Startups (such as business planning support, technology support,
IPR legal, accounting, training, marketing, finance, etc.)
c) Marketing and outreach programs (such as special lectures, networking events, startup
exchange programs)
d) Personnel Expenses
e) Seed support Funding
f) Any other sub-head that is required as per your PLAN
SELECTION CRITERIA
BUSINESS PLAN

 Sectors in Focus
 Scope nearby & Need
 Proposals
 5 year PLAN

 FINANCIAL SUSTAINABILITY AND REVENUE GENERATION MODEL

 ORGANIZATION STRUCTURE – BOARD MEMBERS
 MENTORS
 PARTNERS