SIDBI Innovation and Incubation Centre (SIIC) at IIT Kanpur, established 2000 in collaboration with SIDBI. One of India's oldest TBIs. Focus: biotech, agritech, healthcare, aerospace, energy, WASH. 2-year incubation with up to two 6-month extensions. Equity model: startups assign 3% to IIT Kanpur + 1% to mentor.
Why SIIC – IIT Kanpur?
SIDBI co-founded — direct MSME lending access. One of India's oldest TBIs (est. 2000). Strong biotech, aerospace, and WASH lab infrastructure at IITK.
Funding provided
SIDBI seed loans for select incubatees. DST-NIDHI grants. Equity: 3% to IIT Kanpur + 1% to mentor. Incubation: 2 years, extendable up to 3 years.
