NSUT INCUBATION AND INNOVATION FOUNDATION (NSIT-IIF) (section 8 company as per The Companies Act-2013) having its registered office at Netaji Subhas Institute of Technology, Azad Hind Fauz Marg, Sector 3, Dwarka Delhi, was opened to incubate startups of NSUT students, alumni, faculty of NSUT, any other incubatee under the guideline of Delhi Government at NSUT for two years with seed money/funding from the NSUT-IIF.
Netaji Subhas University of Technology won the first prize on 15th October ‘2017 in Chennai, in the category “Institution Supporting Startups” sponsored by Niti Aayog and All India Council for Technical Education (AICTE) in collaboration with Vijnana Bharati (VIBHA) and partnering with other government agencies such as DBT, DST, DIPP, AIM - NITI Aayog, NRDC and FITT organized “National Start-up Summit-2017” under the aegis of India International Science Festival (IISF 2017), a joint mega event of Ministry of Science and Technology and Ministry of Earth Sciences.
The final presentation for NSUT were delivered by Prof. Prerna Gaur, Director and Member Secretary at NSUT IIF; Prof. M.P.S. Bhatia, Director at NSUT IIF and Manu Sheel Gupta, Mentor at NSUT IIF. Niti Aayog will be collaborating with NSIT to organize Abdul Kalam Lectures at the engineering college. NSUT IIF formed at NSUT with the support of Delhi Government and NSUT’s performance at National Startup Summit has encouraged startup companies and incubatees to be better networked, more cost effective and get quality mentorship from across the country.
Honorable Manish Sisodia, Deputy CM at Delhi Government and Madam Punya S. Srivastava inaugurated NSUT-IIF in March 2016. NSUT IIF provides a host of support services to start-ups, organize selection of newer incubatees.
Some of the startups incubated by NSUT IIF are ReadersCrib, an e-commerce marketplace for renting of books; CacheFi, linux smart routers powerful enough to run multiple applications; Triposse, a tech aggregator for bespoke group travel services. Newer startups in the area of low-cost technology & best harvesting practices for horticulture crops farmers community, Smart mechanization for small farmers, making roads safer using in-car technology to make driving better and monitored for drivers, authorities, as well as other 3rd parties, machine learning startups to get the best price from all major online stores in India, and compare it with the offline stores and Stories Worth Sharing for teenagers and adults are in the process of financing.
NSUT has a mix of subject matter experts and management focused faculty members along with motivated students, technical societies and an alumni network to operationalize innovation and startup activities. Various societies at NSUT like IEEE, SAE, ISA, CSI, C.E.D.T. Lab at NSUT have helped students learn skills to develop technology based projects.
Procedure for applying to NSUT IIF
NSUT IIF invites interested startup companies to incubate at NSUT IIF centre via the following step wise procedure -
- The startup companies meet the NSUT IIF team and discuss their business idea, its basic outline and viability.
- The startup companies are provided assistance to apply at NSUT IIF and are required to submit the following documents at techincubator.nsit@gmail.com . Please find the list of documents and the respective file formats attached for submission to the NSUT IIF team.
