About Us

In line with the pursuits of Government of India towards Make in India and Start-up India, AIC-SMU Technology Business Incubation Foundation (AIC-SMUTBI) was set up as one of the 100 world-class incubators envisioned by the Atal Innovation Mission, NITI Aayog Government of India in September, 2018. It is the first Atal Incubation Centre in North-East India and is located inside the campus of Sikkim Manipal Institute of Technology, at the pristine location on the banks of river Teesta. AIC-SMU Technology Business Incubation Foundation nurtures and incubates early stage entrepreneurial ventures based on technology and innovation by providing infrastructure, mentorship, and seed grants to promising young entrepreneurs to pursue their dreams of starting their own venture. AIC-SMUTBI persistently encourages young entrepreneurs to hone their skills in generating valued human resources rather than the traditional manpower that feeds need of the industry. Recognised as the Front Runners in the Assessment Framework by the World Bank, IIT Delhi and AIM NITI Aayog, we support 100+ startups across various sectors, providing them with the necessary resources, mentorship, and networking opportunities to thrive in the competitive business landscape. AIC-SMUTBI offers an intensive 20 week incubation program based on 12 Critical Success Elements (CSE) for a startup to ensure minimal risk of failure in the Valley of Death of a startup. We focus on capacity building and skill enhancement and have conducted several training and acceleration programs to empower entrepreneurs and equip them with the knowledge and tools needed to succeed. Notable programs include the Wadhwani Foundation Venture Fast-track (VFT) program supported by Bill and Melinda Gates Foundation, Startup Acceleration Program for North East 1.0 (SAPNE) and XR Startup Program supported by META and MeiTY Startup Hub (MSH).

About Us

In line with the pursuits of Government of India towards Make in India and Start-up India, AIC-SMU Technology Business Incubation Foundation (AIC-SMUTBI) was set up as one of the 100 world-class incubators envisioned by the Atal Innovation Mission, NITI Aayog Government of India in September, 2018. It is the first Atal Incubation Centre in North-East India and is located inside the campus of Sikkim Manipal Institute of Technology, at the pristine location on the banks of river Teesta. The incubator nurtures and incubates early stage entrepreneurial ventures based on Technology and Innovation by providing infrastructure, mentorship and Seed grants to promising young entrepreneurs to pursue their dreams of starting their own venture. AIC-SMUTBI persistently encourage young entrepreneurs to hone their skills in generating valued Human resources rather than the traditional manpower that feeds need of the industry. We admit young entrepreneurs with innovative ideas that have market potential by mentoring them to become employers rather than being employees until they graduate from this incubation centre after a gestation period of approximately 2 years. 

Branding

We understand branding is the key to success and we support every startup we believe in, to make the most out of our resources.

Co-working

Incubation & co-working space in the Incubator comes with state of the art labs and environment to innovate with the world.

Consulting

The incubator has partnered with many corporate houses to help in pilots by the startups.

What We Offer

VC Network

Access to VCs and angel investors for scaled funding.

Funding

Upto INR 25 Lakhs per startup. We encourage giving the jump start to any idea we believe in

Internships / Jobs

While the startups actively pursue their innovative idea, they ensure job and wealth creation.

Mentorship

One-on-one mentorship by world class mentors from India, Silicon valley and Singapore.

Partnered Services

Avail discounts from a host of partners for accounting, legal etc.

What We Offer

Collaboration

Eco-System Partners

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