Innovation Funding
Incubation Funding
Incubation Support
Incubation Funding

For addressing the crucial seed fund requirements of the young technocratic entrepreneurs for promoting the innovations, TREC-STEP with the support of Technology Development Board and National Science and Technology Entrepreneurship Development Board, shall provide upto Rs. 50 lakhs support as seed Incubation Fund support for select industries. TREC-STEP might treat this as an equity or loan depending upon the venture requirements. In addition to this, the incubation fund support shall cover all activities which hitherto not eligible for funding from conventional funding agencies such as banks and venture capitalists. Areas such as technology development, product development, proof of concepts, training, marketing visits, marketing promotion, consultancy, software including margin for loans, etc. can be considered under incubation fund support. Incubation fund support does not envisage any collateral security arrangements from budding entrepreneurs. However, the venture should be promoted in TREC-STEP premises. As a tax exempt for Service Tax benefit, TREC-STEP is a major attraction for any start-up entrepreneur for starting his venture.

With rich Incubation Experience, International Networking among the leading Incubators across the world and support from the Department of Science and Technology and other government agencies, TREC-STEP shall be the ideal place for promoting your start-up venture. TREC-STEP shall be very glad to provide you required support for realizing your venture as a successful high growth business.