1. INNCUBE –incubating innovation
(Incubation Center at Mohali)

2. Objective
► Establishes an eco-system to build and
promote entrepreneurship atmosphere
► Encourages self employability and provides
employment to young graduates
► Assistance to micro and small enterprises
to set up their units
INNCUBE –incubating innovation l 2

3. Objective
► Provides transit point for IT companies that
do not have their own infrastructure and
require plug & play infrastructure
► Provides infrastructure and professional
support for nurturing and developing
nascent ideas
► Promote Research and Development in the
field of Software Technology
INNCUBE –incubating innovation l 3

4. INNCUBE- incubating innovation
(Incubation Center at Mohali)
► Punjab Infotech’s incubation center INNCUBE
is located at C-134,Phase VIII,Mohali
INNCUBE –incubating innovation l 4

5. INNCUBE-Offers you Much More
than bare space
► TiE & STPI as a Partner
► Fully built up plug and play facility
► Access to venture capital and other funding
options
► Mentoring & guidance from experts
► Regulatory Support
► Entrepreneurship development training
INNCUBE –incubating innovation l 5

6. Facilities available
► Office Space
► Dedicated Power Supply
► U.P.S.
► Air-conditioning
► Common Reception Area
► Security Services
► Cafetaria Services
► Wash room / Toilets
INNCUBE –incubating innovation l 6

7. Requirements for allotment of
space
► Permissible industry: IT, ITeS, Knowledge and
BPO. Space would be allocated on the basis of
Business Plans
► Applicant should be an individual / firm
/company not having more than three years of
operation
► Presentation on Business Plan
INNCUBE –incubating innovation l 7

8. Terms & Conditions
► Lease deed shall be executed for 11 months,
further renewable for a period of maximum
three years subject to mutual consent
► Rent would be charged at Rs.40/- per sq. ft.
for actual leased area. 15% of the actual
leased area is extra charge payable for
common areas
INNCUBE –incubating innovation l 8

9. Terms & Conditions
► Maintenance expenses including Security
Guards, Receptionist (if desired), Diesel for
D.G. Set, maintenance of Diesel Generator and
cleaning and maintenance of wash rooms /
Toilets would be payable as per actual
divided prorata among the users
► Charges for Power consumption as per actual
► Security deposit has been waived off to reduce
moving-in expenses for incubatees
INNCUBE –incubating innovation l 9

10. Format for applying for INNCUBE
► Name of the applicant/promoter’s profile
► Year of starting Business
► Project Plan covering
 Business Idea /Activity
 Estimated Cost
 Estimated Employment
 Financing
► Estimated requirement of floor area
► Estimated time for commencement of project
INNCUBE –incubating innovation l 10

11. Thank you
www.punjabinfotech.gov.in
Follow Us on
INNCUBE –incubating innovation l 11