Inviting Technology based Start ups

[A.Balachandran]

VIT-Technology Business Incubator (www.vittbi.com) is looking for Technology based Start ups.

Standard Services:

Office Space ( 4 / 5 seater /furnished / internet/communication / computers on hire)
Access to conference facility / common office resources
Product Development / Testing support
Mentoring / Coaching
Interns / Project trainees / assistance in recruitment

Value Added Services:

Seed Funding (soft loan in the range of Rs.1 Lakh to Rs.25 Lakhs)

Ministry of Micro , Medium and Small Enterprises grant up to Rs.6.25 Lakhs for four ventures - first come first serve basis; this will take care of rental / Technology development expenses / Mentoring fee

Service Tax Exemption up to Rs.50 Lakhs of revenue / year for three years

Assistance to seek Innovation grant of up to Rs. 60 Lakhs from Department of Scientific and Industrial Research ( Technopreneur Promotion Program)

For detailed discussion, please mail to : [e-mail]

Balachandran