Business incubation is the process of supporting an idea (Product or Service) from an innovator or a team, and enable its transformation into successful business venture. Many times we think of innovative ideas or solution to problems, but we don't know how to start the journey of taking this idea to market. We don't know how to check its technical feasibility, commercial viability, and its acceptance by the customer.
Guidance, networking with quality mentors, estimation of cost, estimation of profitability, value proposition to the customer, procuring raw material, making first prototype, product packaging, strategic partnerships for effective marketing and sale, raising funds, managing finance, accessing technology, protecting our intellectual property, branding, analyzing competition, and many more are the challenges faced by most of the entrepreneurs and start-ups.
Incubation center is the entity, that helps start-ups through its systematic incubation process to overcome these challenges and accelerates their journey from idea to market by providing them supportive environment to either perish quickly or grow quickly for its better sustainability. It provides, physical infrastructure, Mentoring and networking, Operations support, Validation support and Finance.
"Scientific Jugaadfunda Innovations" is incubation and innovation management execution partner who supports "Samruddhi TBI Foundation", to manage its incubation program and related services.
Express Interest and submit request for supporting your idea/innovation/proposal on the secure STBI portal.
You will immediately receive an acknowledgment from our patent attorney about the recognization of your submission.
Based on the stage of your innovation, you will be guided by our team to be part of relevant incubation program stage.
Respective mentors shall support you in bringing the best out of you and adding strength to your business idea, taking it closer to commercial success.
Our innovation management tools and processes supported by our third-party execution partner, shall enable you to navigate your position on the path of entrepreneurial journey.
An online tracking mechanism will enable funding agencies to review and take a call on approval of seed funding