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Top 10 Startup Incubation Centers in India 2020

Startup Incubators also known as startups accelerators plays a significant importance in entrepreneurial ecosystem of India. Startup Incubation centers in India provides technical supports, funding and investment, workspace and access to investors and firms for Indian startups companies. Previously, at startups opportunity, we covered a list of Top 10 Startup Incubation Center in Pakistan, today for Indian new entrepreneurs we compile a list of top 10 Startup Incubation Centers in India in 2020. So keep reading and apply for the best incubators in India for the betterment of your technological business.

List of Top 10 Startup Incubation Centers in India:

There are currently 100 active business incubators programs are running in India supported by Indian STEP & Business Incubator Association – ISBA. ISBA is the top Indian professional body supporting business incubators across the country.

For your time saving, here we select 10 top Startups Incubation centers in India. The below incubator programs are the best for Indian’s tech entrepreneurs  to get angel funding and co-working space with proper technical support and guidance.

  1. Innovation and Entrepreneurship (SINE), IIT Mumbai
  2. Technopark Technology Business Incubator (T-TBI), Kerala
  3. Startup Village
  4. Indian Angel Network (IAN)
  5. Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad
  6. NSRCEL, IIM Bangalore
  7. Science and Technology Entrepreneurship Park
  8. Seedfarm, Seedfund
  9. Venture Center
  10. Villgro

1.Innovation and Entrepreneurship (SINE), IIT Mumbai:

Founded in 2004, SINE, Society for Innovation and Entrepreneurship hosted by Indian Institute of Technology, Bombay-IIT. SINE incubates at average of 15 startups at a time and has 10,000 sq.ft co-working space.

Some of the notable ventures i-e Webaroo, Bhugol GIS and SMSGupshup.com were incubated by SINE. These startups have been successfully raised Rs 3 crore of venture investments from the market after incubated by SINE.

Location:  Mumbai

Founded In: 2004

Official website: http://www.sineiitb.org/

2. Technopark Technology Business Incubator (T-TBI)

Technopark Technology Business Incubator (T-TBI) is established in 2006 is a non-academic business incubator center, hosted by Asia largest IT park Technopark. It offers fully furnished working spaces, expert guidance, marketing skills, legal management consultancy and financial assistance.

T-TBI is a joint association of Technopark Trivandrum and the Department of Science and Technology (DST), Government of Kerala, to help the technology based business startups. T-TBI incubated more than 165 startups in the last 9 years and has 92% success rate. In 2011, T-TBI was chosen as the world’s best software incubating company and the first Indian organization to have achieved this status.

Location:  Kerala

Founded In: 2007

Official website: http://www.technoparktbi.org/

3. Startup Village

Established in 2012, Startups Village is a different type of Incubator. It is a not-for-profit public private startup incubator based in Kochi, India run by Government of Keral. It is India’s first incubation center which is funded jointly by private and public sector. Startup Village mission is to incubate and launch 1000 new business startups throughout the following ten years and it’s primarily focuses on student’s startups and ideas from college campuses.

The Startup Village’s promoters are the Department of Science and Technology, Government of India, Government of Andhra Pradesh, Technopark, Trivandrum, and MobME Wireless. You can visit official website for more details.

Location:  Kochi

Founded In: 2012

Official website: https://www.startupvillage.nl/

4. Indian Angel Network (IAN):

IAN Incubator is also in our list of top Incubation centers in India. Indian Angel Network (IAN) is supported by National Science and Technology Entrepreneurship Development Board(NSTEDB), Department of Science & Technology(DST), Govt. of India. IAN incubator is a business incubation center which primarily focuses on healthcare startups, gaming, media & entertainment, cloud computing, mobile VAS, alternative ways of energy, education and clean technology startups.

The IAN incubator helps in seed funding and angel funding through its partnership with Small Industries Development Bank of India. The IAN organizes different events like Open Saturday, Angel Investors meetups and other different workshop for the training of new entrepreneurs.

Location: Delhi

Founded in: N/A

Official website: https://www.indianangelnetwork.com/

5. Centre for Innovation, Incubation and Entrepreneurship (CIIE)

Centre for Innovation Incubation and Entrepreneurship was founded in 2002 as a research institute later in 2007 it was turned into Incubation center. CIIE was setup by IIM Ahmedabad and supported by Government of India and Gujarat Government. It operates as an autonomous not-for-profit entity. CIIE does not provide physical working space for business incubation and it has an interesting prospective on that because they want to boost local economies, they want entrepreneurs to build their ideas from where they stationed. Their focus areas are the Information Communication Technology, Cleantech and Social. For more information, please visit the official website.

Location: Ahmedabad

Founded in: 2007

Official website: https://ciie.co/    

6. NSRCEL

The Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL) is an incubation center in India managed by IIM Bangalore. They provide all basic facilities such as office space, internet and electricity facilities, desktops etc. The incubator provides technical guidance from experts and also offers seed funding to some of its incubated ventures. The funding is from government schemes and its payment will be accordance with the guidelines by the funding agency.

Location: Bangalore

Founded In: 2002

Official website: https://www.nsrcel.org/

7. Science and Technology Entrepreneurship Park

Science and technology entrepreneurship park (STEP) is an Indian technology startup incubator for new start-up ideas in IIT Kharagpur. STEP incubator is financially supported by the department of science and technology (DST) and the national science and technology entrepreneurship development board (NSTEBD).  It helps the new startups to survive in the market and provide the special support to the startups in the crucial early stage. Its goal is to nurture successful technology ventures and growth-oriented entrepreneurs/enterprises. STEP provides space as well as seed fund to the start-ups.

Location: Kharagpur

Founded In: 1986

Official website: http://www.step-iit.org/

8. Seedfarm, Seedfund

Seedfund is based in Mumbai, India. It is a physical business incubator with about 2000 sq.ft furnished space. Startups get all necessary facilities, seed funding, and experts’ advice on various aspect of the business at Seedfund incubator.

Location: Mumbai

Founded In: 2011-2012

Official website: http://seedfund.in/

9. Venture Center

The Venture Center is a technology business incubator center focuses on technology startups offering products and services exploiting scientific expertise in the areas of materials, chemicals and biological sciences & engineering. Venture Center provides funding up to INR 25 lakh.

Location: Pune

Founded In: 2006

Official website: http://www.venturecenter.co.in/

10. Villgro

Villgro is an incubator based in Chennai under the Department of Science and Technology and Ministry of Micro-Small Medium Enterprises, Government of India. It is on a mission to build an impact the poor through social enterprises. Villgro Incubators provides mentoring, fellowship, networking and funding up to INR 50 lakh.

 Location: Chennai

Founded In: N/A

Official website: https://www.villgro.org/

That is our list of top 10 incubation centers in India. If you or your teammates looking for the best incubator in India? We hope this list will help you out. Choose the best incubator and apply for it.

Also read: Top 10 Incubation Centers in Pakistan 2020