Incubation Centres

SIDBI in collaboration with premier educational institutions in the country has set up incubators to help entrepreneurs solve the problems commonly associated with running a Start-up by providing workspace, seed funding, mentoring, and training, etc. These centres support and nurture budding entrepreneurs by empowering them with business and technological know-how and to eventually help develop the overall SME enterprises. Currently, SIDBI supported innovation and incubation centres include the SIDBI Innovation & Incubation Centre (SIIC) at IIT Kanpur, KIIT Technology Business Incubator at Kalinga Institute of Industrial Technology (KIIT) University, Bhubaneswar and SIDBI Centre for Innovations in Financial Inclusion (Sci-FI) at IIM, Lucknow, which was set up under the Poorest States Inclusive Growth Programme being implemented by SIDBI.

The SIIC at IIT Kanpur has so far incubated 69 start-ups in diverse areas of state-of-the-art technologies, out of which 42 have graduated.