Recognised startups may avail subsidy benefit to the extent of 50% of monthly rental of the incubation space (subject to a maximum of Rs. 5000) for a period of maximum one year, if getting incubated at any of the incubators recognised by the Startup Odisha Initiative.
There are currently 5 Incubators recognised under Odisha Startup Initiative. Details of Incubation area and facilities available at each of these Incubators are as under:
· Incubation Space (AC/non-AC)
· High speed internet
· Access to IIT Labs
· Technical help from domain experts
· Mentor support
· Financial Assistance to selected incubates
· Support in Project execution and product development
Foundation for Technology and Business Incubation (FTBI)-NIT Rourkela
Address -
National Institute of Technology Rourkela, Rourkela, Odisha – 769008, India
Incubation Area/ Space
Site Area:103032.15 Sq.ft
Built-up Area excluding basement-
13741.779 sq.mt
Facilities Available -
Infrastructural Support for incubatee companies at FTBI
Upon admission to FTBI, the following facilities are offered to the incubatee companies:
Office space
Manufacturing Space
Computer & high speed Internet
Furniture
Common Infrastructure
FTBI provides following common pool of hard and soft infrastructure to be shared by all incubatee companies:
Fax/ Photocopying/ Scanner machine
Meeting/Conference room with projection equipment
Auditorium : 400 seats
Institute Infrastructure
FTBI facilitates access to institute infrastructure as per laid down norms
Soft Infrastructure and business services
Infrastructural Support for incubatee companies at FTBI Upon admission to FTBI, the following facilities are offered to the incubatee companies:
Office space
Manufacturing Space
Computer & high speed Internet
Furniture
Common Infrastructure
FTBI provides following common pool of hard and soft infrastructure to be shared by all incubatee companies:
Fax/ Photocopying/ Scanner machine
Meeting/Conference room with projection equipment
Auditorium : 400 seats
Institute Infrastructure
FTBI facilitates access to institute infrastructure as per laid down norms Soft Infrastructure and business services The services and support items to be provided by FTBI to resident incubates are listed as follows:
Training in business management: Structured short courses
Training in business communication: Written as well as verbal
Accounting tools/ software
Common secretarial pool/staff
Networking events/ showcases
Tie-ups with chartered accountants and other professional organizations for accounting, IP, legal and management expertise
3 months of pre incubation offer for startups in ideation stage with shared office premises along with mentoring and hand holding support
Individual Business office suites for startups in enterprise stage
24X7 High Speed Wireless Internet
Conference rooms, meeting rooms with A/V conferencing and library.
Startup Pack – array of services and products as special packages through our channel partners i.e. AWS credit offer worth $5000 & GCP credit offer worth $100,000
One-o-One mentoring and handholding support by domain experts
Patenting of Technology
Business advice & services
Networking and Linkages
Access to Technical Infrastructure
Laboratories for R&D and product development which includes Fab Lab with IoT set up, Food testing Lab, Plant Tissue Culture, Animal House, Analytical Lab, Cell Culture, Bioprocess Labs and Sequencing Facility
Access to Sophisticated instruments like LC-MS/ MS, GC-MS/MS, MP-AES, ICP-OES, DLS, Confocal Microscopy, FTIR, FPLC and HPLC
Access to digital Fabrication Facilities equipped with high end equipments like 3D Printer, 3D Scanner, Oscilloscope, CNC Router, Laser Cutter etc.