amrita TBI  ecosystem

   Funding

    Up to Rs 1 Crore per startup, debt or equity
    Simple interest on debt
    Moratorium period: 12-24 months
    Payback period: 24-36 months
    Funds to be used for new product development and services.

    Upto Rs 25 lakhs , debt or equity
    simple interest on debt
    Moratorium period : 12-24 months
    Payback period: 24-36 months
   Funds to be used for new product development and services..

    Upto Rs 25 lakhs , debt or equity
    6%-10% simple interest on debt
    Moratorium period : 12-24 months
    Payback period: 24-36 months
   Funds to be used for developing ICT(Information, Communication and Technology) based products and services

The scheme aims at nurturing innovative business ideas (new/ingenious technology, process, products, procedures, etc), which could be commercialized in a year.
Level of Funding: Up to Rs.6.25 Lakhs per business idea.

   Service Tax Exemption

All companies incubated under Amrita TBI are qualified to receive service tax exemption for 3 years and up to 50 lakh of revenue.

   Support and Services

    Accounting Services – Book - keeping, Invoice generation.
    Services- IPR- filing of patents
    Services- legal - registration
    HR services- Talent Acquisition, Leave Management , Payroll management
   Framing of company policies
   Administration support - A personnel will be allotted for admin activities.

    Business Strategy
    Marketing
    Consultancy services
    Technical design and engineering in specific areas such as Networking, Cyber security, IOT, Big Data etc.

   Space

At Amrita TBI, physical incubatees can avail state of the art infrastructure facilities at any of the three locations viz. Amritapuri(Kollam), Bengaluru and Coimbatore.

    High-end PCs
    High-speed multi-access network connectivity
    Intercom
    IT support
   Common pool of hard and soft infrastructure like meeting/conference room, teleconferencing facilities, library etc.

Virtual incubatees can operate from anywhere in India

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