sona facilities

Infrastructure Facility - Incubation Center

Providing an opportunity to translate ideas into products & services

The centre was INAUGURATED BY Dr. Sanjaypaswan, Honourable Minister of State for Communication and Information Technology , Govt. of India on 27th January 2003.

Concept

  • In the globalized trade, customers prefer innovative products /services
  • The innovators are mostly start-ups
  • Translating innovative ideas into viable commercial products/services involves a lot of risk
  • Technology Business Incubation Centre help start-ups to successfully convert their technologies into marketable products with a very low capital investment

Mission

Creating high-tech economy in the region by facilitating the growth of industries with new technologies, thereby creating wealth for the society and the nation.

Objectives

  • To encourage potential technopreneurs to convert their technologies into products and services
  • To interface the incubatees and venture capital agents, and funding agencies
  • To impart training to the start-ups to acquire entrepreneur skills
  • To provide process know-how and marketing assistance to the entrepreneurs
  • To guide the entrepreneurs to establish cost-effective manufacturing process
  • To guide entrepreneurs to form enterprises
  • To interface entrepreneurs and research organizations

Facilities Offered

Highly subsidized individual office accommodations with standard office furniture along with the following common resource arrangements are available:

  • Computing facilities with secretarial services
  • Common receptionist services
  • Communication network
  • Conference room with presentation equipment
  • Pantry room/ canteen services
  • Mailing address, post handling services
  • Photocopying facilities
  • Telephone and fax facilities
  • Access to Technical Library
  • Services of state- of- the-art equipments and machineries for prototyping the product

Compensation for the facilities and services

  • Membership Registration fees Rs.3000/-
  • Rental charges for furnished office accommodation will be Rs. 1000/- per month
  • Technical service charges for prototyping the product will be a minimum of Rs. 10,000/- per project and the actual amount will be depending upon the work involved in the project
  • In case of high potential projects associated with high volume of work, appropriate equity share to STBIC will be considered

Eligibility for Tenancy Applications

  • Individual start-up technopreneurs or technology based start-up companies
  • Start-ups adopting new technologies from other sources
  • Established enterprises willing to re-engineer their products

Areas of Technology

  • Electronics and Communication
  • Its related products and services
  • Apparel and Fashion Technology
  • Precision Engineering with CAD/CAM application