Our Incubation

1. Who can apply

Any Indian citizen who have innovative idea and can make a working product ready.
Students, faculty, other innovators and start-ups can apply for incubation in FIST TBI IIT Patna.

2. How to apply

The applicants should submit a business plan in order to be considered for incubation.
The business plan submitted should be of about 10 pages covering the required aspects in as much details as possible.

Please send the business plans to pic_tbi@iitp.ac.in with following details:

Value proposition (highlighting the innovation)
Profile of management team; and advisory board (if any)
Planned products and services portfolio
Product development milestones and timelines
Approach and infrastructure requirements for technical implementation
Market potential analysis and Competition analysis
Funding requirements
Capital structure
Go-to-market plan
Risk analysis and projected financials

3. Admission Process

A Project Evaluation Team, comprising of eminent personalities from Industry, academia, government and investment community, will evaluate the business plans. Shortlisted applicants will be called for a presentation before an expert panel. Based on the recommendation from the panel, the applicant will be offered admission to the incubation programme based on the schedules made for evaluation and admissions from time to time.

4. Download Process

Application form for incubation