Incubation Foundation | Startups
No. of start-up supported by institute: 5
|
Added On |
Title of Project |
Name of Students separated by commas |
Amount |
1 |
Sept. 2020 |
CYNDI |
Lalit |
200000 |
2 |
Dec 2020 |
Lumeblaze |
Mahender |
100000 |
3 |
Dec 2020 |
Smart MFP 3D Printer |
Sachin Yadav |
300000 |
4 |
Dec 2020 |
Automated Vertical Planter |
Palak Kumari |
200000 |
5 |
Dec 2020 |
Smart parking |
Sameer Sharma |
100000 |
Please note the amount mentioned against each start-up is the total rounded up cost of the facilities and services offered to these start-ups totally free. As the subsidized price for single workstation is kept at five thousand rupees per work station. Each of the start-ups are given four workstations to work for six months to eighteen months depending upon their requirements and competitions they participated and place they secured in the said competition. For e.g. 4 workstations at Rs. 4000 will be Rs. 16000/- a month and for six months it will be Rs. 96,000/- which with other services including workshops was rounded up to Rs. 1,00,000/- which was the third-place prize given to team Smart Parking in the IoT Challenge and so on.