BEST SERVICES FOR STARTUPS FROM SANDIP™ TBI

FUNDING

Selected startups are provided incubation and funding support at SANDIP™ TBI. The duration of incubation is 2 years. Funding is provided to prospective startups through loan/equity. The quantum of funding is up to INR 1 Crore. Funding for startups is provided through

  • NSTEDB DST
  • TIDE Program
  • MSME
  • SSS
  • EIR

SANDIP™ TBI also works with angel and VC funds in India that can invest in startup companies.

GST EXEMPTION

GST exemption for services provided by an incubatee upto a total turnover of fifty lakh rupees in a financial year subject to the following conditions :

  • The total turnover has not exceeded fifty lakh rupees during the preceding financial year
  • A period of three years has not been elapsed from the date of entering into an agreement as an incubatee.

CO-WORKING SPACE

SANDIP™ TBI offers both physical and virtual incubation. Co-working spaces located at three prime locations of SANDIP™ campus offer the following facilities:

  • High-End PCs
  • High-Speed Multi-access Network
  • Intercom
  • IT Support
  • Common pool of hard and soft infrastructure like meeting/conference room, teleconferencing facilities, library etc

MENTORSHIP

SANDIP™ TBI brings in both national mentors and international mentors from Silicon Valley with varied experience across multiple domains and sectors. They have been executives at Fortune 500 companies, built startups and products with the local and global appeal.

ACCESS TO VC NETWORK

Startups incubated at SANDIP™ TBI have access to partnered VCs for investments. Ah! Ventures, Ankur Capital, Indian Angel Network and Gazelle Ventures are Investor Partners with SANDIP™ TBI to name a few.

SANDIP™ MAKERS SPACE

SANDIP™ TBI, startups can avail the various lab facilities to build prototypes, set up test environments and test the various features of their product. The large fraternity at the University can be used to gauge the initial feedback of customer.