Funding

Startup Funding Process

Amrita TBI is a non-profit startup incubator supported by Govt. of India and Amrita University. Amrita TBI is listed among the Top-5 most prolific startup incubator in India by The Economic Times
Amrita TBI offer both physical and virtual incubation. Physical incubation is provided at Amrita University campuses at Amritapuri, Bengaluru and Coimbatore. Virtual incubatees can operate from anywhere in India. We accept applications for incubation throughout the year.

A startup can opt for any of the following options

  • physical incubation without funding
  • virtual incubation without funding
  • Physical incubation with funding
  • Virtual incubation with funding

Both physical and virtual incubatees can avail benefits irrespective of funding. The review process for incubation without funding is faster compared to incubation with funding.

Amrita TBI can fund up to INR 1 Crore per startup.

 

APPLY FOR INCUBATION & FUNDING

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STARTUP FUNDING

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NSTEDB-DST
  • Simple interest on debt
  • Moratorium period: 12-24 months
  • Payback period: 24-36 months
  • Up to INR 1 Crore per startup, debt/equity
  • Funds to be used for new product development and services
TDB Program
  • Upto INR 25 lakhs as 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
TIDE
  • Upto INR 25 lakhs as 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
MSME

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

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Testimonials