NEW SEED FUNDING SCHEME FOR ENTREPRENEURS

This is to inform all the students that Synetic Business College is providing you a good Opportunity by inviting applications regarding LAUNCHPAD- new seed funding scheme for entrepreneurs through Govt .of India. LAUNCHPAD is IIT Ropar Technology Business Incubator Foundation (IITRpr-TBIF) – A Section 8 non-profit Company of IIT Ropar established under NIDHI grant from DST.
URL: https://www.tbifiitrpr.org/launchpad/
Details of an Offer
The grantees will get the following support from IITRpr-TBIF:
• Funding of up to Rs 18000/- for new company incorporation.
• Seed grant of up to 4.5 Lakhs per company in 3 competitive phases.
• Companies selected into phase 2 or 3 may avail soft loan up to Rs 20 Lakhs.
• Free co-working spaces and subsidized personal working spaces.
• Free power and free high speed internet
• One personal computer per company free of cost.
• Access to high performance server of TBIF.
• Access to electronic and mechanical prototyping facilities of TBIF.
• Membership of the Entrepreneurship library of TBIF.
• Funding for availing external expert mentorship.
• Access to our networks of VCs and Angels.
• Financial support for patenting.
• Subsidized hostel facility based on availability.
Selection and evaluation process
• Applications shall be received in online mode through TBI website: www.tbifiitrpr.org/launchpad
• Last date of receiving completed applications is: 27th February 2021
• Internal committee of TBIF will perform basic eligibility and quality based shortlisting of applications.
• Selected applications shall be called for a presentation before an expert committee.
For any query contact:
Phone: 01881 – 235216 or 94174 – 84881
Email: tbioffice@iitrpr.ac.in