Technology Business Incubation Centre (TBIC)

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation

Capital & recurring cost support for TBIs

State provides financial assistance for setting up TBIs (capital cost + operating cost)

Example: A host institution in Karnataka  establishes a TBI; the state policy allows initial capital support plus 3-5 years of recurring cost subsidy so that the incubator becomes self-sustaining. 

Seed/Pre-incubation support to Start-ups via TBI

The incubator provides subsidised infrastructure, mentorship, possibly seed funding to start-ups

Example: You as a start-up join a TBI in Karnataka; you receive access to co-working space at concessional rent, mentorship, prototype facility and possible exposure to investor network.

Incentives for Technology/Incubation ecosystem

The policy supports ecosystem through state funding, linkages to national schemes

Example: The TBI may act as conduit to central programmes like those under Department of Science & Technology  and Startup India.

Eligibility Criteria

Who can apply:

Who cannot apply:

Documents Required

Application Process for the Scheme

Option 1: Apply with Bullit 

Click here to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations. 
Recommended for: Lean teams. Designed to save you time and effort. Access expert help from start to finish.

Option 2: Through Karnataka Electronics/IT/BT Dept Single Window

  1. Visit the website of the Department of Electronics, IT, BT & S&T, Government of Karnataka.
  2. Navigate to the “Establish Technology Business Incubators ” scheme page and download the scheme guidelines and application form.
  3. Prepare a detailed proposal: location, building/infrastructure plan, services to startups, budget, staffing, and timeline.
  4. Submit the application along with required documents (entity registration, business plan, proof of land/space, budget) through the Single Window portal or to the nodal department.
  5. Upon approval, the grant of up to 25% of project cost is sanctioned; the applicant sets up the incubator, after which disbursement is made as per scheme terms.

Option 3: Via State Start-up Ecosystem Partner

  1. Approach an existing startup ecosystem partner  in Karnataka who is willing to act as a host and applicant for the TBIC.
  2. Co-develop infrastructure and services plan; leverage the host’s resources and the scheme’s funding for the incubation centre.
  3. Submit as per Option 2 steps with combined capability; track progress and manage the incubator post-approval.