Inviting Application for NAIN Funds -2018
Entrepreneurship in India is on the verge of explosive growth. Angel investors, venture capital, media, startup clubs, service providers, mentors and training companies are going to grow. And one important cog in the wheel is the incubator - the place where startups are born. When a baby is born, he/she is kept in the incubator for first few hours and maybe days - this gives them a chance to adjust to outside environment, and grow stronger before they face the outside world ! In a similar way, a startup is incubated in Incubation Center, which gives them a chance to bring their business in shape, before they reach out to the world.
The growth path of IT industry in Karnataka and more specifically in Bangalore is only looking better and wider. After witnessing phenomenal growth in last two decades, IT continues to grow its share both in revenue and job creation, better than any other industry in Karnataka and any other state in IT sector. Department of Information Technology, Government of Karnataka plans to double the job creation by IT by 2020. Siddaganga Institute of Technology is one among the Nine Engineering college identified to set up incubation center to promote Entrepreneurship and innovation.
Batch-1 and Batch-2 Project List     View List
The following 10 projects are selected in Batch 3
Name of the Project
      01. Butter milk vending machine
      02. Smart Bed
      03. Speech staircase
      04. Smart shopping cart
      05. Kisan mitra
      06. Remote garbage monitoring system for smart cities
      07. Smart bin
      08. Smart solar grass cutting robot
      09. Meander
      10. Residence energy control using wireless smart socket and IOT
Sailent Features
  • To encourage Entrepreneurship and innovation
  • The center will incubate up to 10 projects each year
  • Each project will be executed by a team of entrepreneurs (students or alumni )
  • Each project will get a funding of upto Rs. 3 lacs
  • The program will cater to the projects that solve problems and find solution to local needs (district and state) rather than global problems and needs.
  • The problem can be from any discipline but one should provide an IT solution to the selected problem
Gururaj Banakar
Regional Coordinator
New Age Incubation Network
Siddaganga Institute of Technology
B. H. Road, Tumkur 572 103, Karnataka, India
Dr. R Srikantaswamy M.Tech., Ph.D.
College Coordinator
New Age Incubation Network
Siddaganga Institute of Technology
B. H. Road, Tumkur 572 103, Karnataka, India
Download the following document and submit the hardcopay to Gururaj Banakar