Incubation Centre IIT Patna

What Incubation Centre IIT Patna does

Incubation Centre IIT Patna (IC IITP) is a technology business incubator established in December 2014 as a registered society (Reg. No. 987, 2015-16) within the 500+ acre IIT Patna campus in Bihta, Patna, Bihar, India. The organization operates across three primary technology domains: Electronic System Design and Manufacturing (ESDM), Medical Electronics, and Information and Communication Technology. It runs a 30,000 sq ft dedicated facility supplemented by a 10,000 sq ft BioNEST biotechnology facility, equipped with a Class 100 clean room (under construction), PCB design and fabrication lab, testing and calibration lab, 3D printing and mechanical packaging lab, ESDM lab, and a design and simulation lab running MATLAB, SolidWorks, JMAG, LabVIEW, and Proteus. The incubator was set up as a Make in India initiative backed by a INR 47.10 Crore project jointly funded by MeitY (47%) and the Government of Bihar (53%).

The incubator delivers services through a portfolio of interconnected programs: a core incubation program (5% equity stake for resident incubatees, 3% for non-resident), NIDHI-Prayas (up to Rs 10 lakhs prototype funding), NIDHI-EIR (INR 10,000-30,000 monthly fellowships), SISF (DPIIT-backed seed fund with up to Rs 50 lakhs via convertible debentures), GENESIS (MeitY deep-tech scheme with Rs 490 Crore, 5-year outlay), BioNEST-ICIITP (BIRAC biotechnology incubation), MedTech School (Rs 3,000-10,000 tiered training fees), EDPI (Entrepreneurship Development Program with Moonpreneur), and Ideathon events. Since inception, IC IITP has processed over 1,000 applications, supported 60+ startups, facilitated 25 patent filings, and enabled seed funding disbursements. Notable portfolio companies include Bionic Hope (prosthetic arm), 4Mirrortech Innovatives (IoT monitoring deployed at Bangalore Airport), Electro Curietech (cataract detection), CEIR Mobility (axial flux motors), Adiabatic Technologies (lithium-ion battery innovation), and VAGAA Motors (three-wheeled electric scooters).

IC IITP operates as a non-profit society rather than a revenue-generating commercial entity. Revenue mechanics combine 3-5% equity stakes in incubatees, nominal lab usage and consumables fees, training program charges, and ongoing government operational grants. The organization is governed by a council comprising IIT Patna, MeitY, Government of Bihar, industry, and academic representatives, led by Professor In-Charge Dr. Pramod Kumar Tiwari and General Manager Joseph P. Arackalan, supported by a core team of approximately 20 staff. Strategic partnerships anchor the value proposition: AIIMS Delhi and AIIMS Patna provide clinical validation for medical devices, Indian Angel Network supplies investor access, BIRAC funds biotech activities, CII drives industry networking, and MeitY/Bihar Government provide both funding and regulatory backing. Operations are concentrated in Eastern India with nationwide applicant sourcing, with explicit emphasis on Tier II and III city entrepreneurs under the GENESIS scheme.

Name

Incubation Centre IIT Patna

Legal name

Incubation Centre IIT Patna Society

Website

https://iciitp.com

Company type

Private

Founded year

2014

Operating status

Operating

Short description

Incubation Centre IIT Patna is a government-funded technology business incubator at IIT Patna's campus in Bihta, Bihar. It supports early-stage startups in Electronic System Design, Manufacturing, and Medical Electronics through equity-based incubation, seed funding, and specialized laboratory facilities.

Ownership category

akta.pro rank

Product category

Technology Business Incubation Services

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industry

Program & Project Implementation (TA Delivery) (BPADAEAA)

Keywords

• Technology business incubation
• Startup incubation programs
• Electronics system design
• Medical electronics prototyping
• Seed funding support

Headquarters

HQ city

Bihta

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Equity Stake in Resident Incubatees: IC IITP takes 5% preference shares from resident incubatees as part of their equity-based revenue model. Additional charges include lab usage fees (only for consumables), Rs 20,000 refundable security deposit, and applicable rentals for dedicated office space.
2. Equity Stake in Non-Resident Incubatees: Non-resident incubatees provide 3% preference shares with pay-per-use lab charges.
3. Government Funding Support: INR 47.10 Crore project funded by Government of India (47%) and Government of Bihar (53%) under Make in India initiative. Operational expenses and lab equipment funded by MeitY; dedicated building, clean labs, and seed funds from Govt of Bihar.
4. BioNEST Incubation Facilities: Affordable co-working space, meeting facilities, and lab access provided for biotech/life sciences startups under BIRAC-supported BioNEST program.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Incubation Centre IIT Patna operates as a technology business incubator providing resident and non-resident incubation programs for early-stage startups in Electronic System Design and Manufacturing (ESDM), Medical Electronics, and ICT domains. Core offerings include state-of-the-art laboratory facilities (Clean Room, PCB Fabrication, Testing & Calibration, 3D Printing), seed funding, mentorship, co-working space, and access to government-backed funding schemes (NIDHI-PRAYAS, NIDHI-EIR, SISF, BioNEST, GENESIS).

Product overview

Incubation Centre IIT Patna operates as a multi-program technology business incubator with a focus on Electronics System Design and Manufacturing (ESDM) and Medical Electronics. The organization offers a portfolio of interconnected incubation programs: the core ICIIT Patna Incubation Program providing resident and non-resident incubation with seed funding and lab access; specialized funding schemes including NIDHI-PRAYAS (prototype development), NIDHI-EIR (entrepreneurship fellowships), SISF (DPIIT seed fund), and GENESIS (MeitY deep-tech funding); BioNEST-ICIITP for biotechnology and life sciences startups; educational programs including MedTech School, EDPI, and Ideathon events; plus extensive laboratory facilities spanning PCB fabrication, clean room operations, testing/calibration, 3D printing, and design simulation. The portfolio is anchored by 60+ supported startups across healthcare, IoT, robotics, and industrial automation sectors, with MeitY and Bihar government as primary funding partners.

Differentiator

Problem solved

Functional benefit

Brands

• BioNEST-ICIITP: A biotechnology and life sciences incubation program supported by BIRAC, focusing on biosignal processing, medical imaging, biomedical devices, and diagnostics.

Products and services

• ICIIT Patna Incubation Program Core incubation program offering resident incubation (5% equity stake, free equipment and manpower, pay consumables, Rs 20,000 refundable deposit) and non-resident incubation (3% equity, pay-per-use lab access) for ESDM and Medical Electronics startups, with mentorship, seed funding, office space, and lab access.
• NIDHI-PRAYAS Scheme

Quantifiable outcome

• 100+ startups supported since inception
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, minor and moderate.

• Biodesign Centre AIIMS Delhi and AIIMS PatnacoreStrategic or Co-development PartnerPartnership for design and validation support of medical devices developed by IC IITP startups. Critical for clinical validation of medical electronics products.
• NEILIT Patna CentreminorStrategic or Co-development PartnerNEILIT enables skill training and provides access to ESDM trained manpower for startup companies.
• Confederation of Indian Industry (CII)moderateStrategic or Co-development PartnerCII brings governance support, entrepreneurship events, and networking opportunities with industrialists and businessmen for IC IITP ecosystem.
• Department of Industries, Govt of BiharcoreStrategic or Co-development PartnerIC is partner with Dept of Industries, Govt of Bihar in Bihar Startup Policy Implementation for nurturing entrepreneurship in the state.
• Department of Science and Technology, Govt of BiharmoderateStrategic or Co-development PartnerPartnership with DST Bihar for promotion of innovation and entrepreneurship at community level across Bihar.
• Bihar State Electronics Development Corporation Ltd. (BELTRON)minorStrategic or Co-development PartnerBELTRON collaborates with IC IITP as an agency of Bihar Government for electronics development initiatives.
• MoonpreneurmoderateStrategic or Co-development PartnerSilicon Valley EdTech company (founded by IITians/IIMians) collaborating with IC IITP for Entrepreneurship Development Program cum Internship (EDPI).
• Central University of South Bihar, GayaminorStrategic or Co-development PartnerCollaboration for Ideathon 2.0 event to identify and motivate potential life science startups under BioNEST program.
• Lifegraph Biomedical Instrumentation Pvt. LtdminorStrategic or Co-development PartnerPartner providing certified training programs at Incubation Centre IIT Patna. Students trained by IIT Patna professors and product-based engineers with internship certificates.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• NSRCEL IIM Bangalore: Entrepreneurship and incubation centre at IIM Bangalore with deep-tech, MedTech, and social enterprise verticals. Comparable as academic-anchored, equity-based incubator with sector-focused programs; broader portfolio and Bengaluru ecosystem access.
• T-Hub Hyderabad: India's largest startup incubator, a Telangana state initiative — broader portfolio across multiple sectors, larger funding pools, and corporate partnerships. Comparable as a large-scale, government-supported technology incubator but operates at much greater scale and geographic scope than IC IITP.
• CIIE.CO IIM Ahmedabad: Centre for Innovation, Incubation and Entrepreneurship at IIM Ahmedabad — academic-backed, equity-based incubator with sector-focused programs and significant capital deployment. Comparable in equity model and academic anchoring but broader sector coverage and stronger investor network.

Direct peers

• IITMIC IIT Madras: IIT Madras Incubation Cell — IIT-hosted deep-tech and hardware incubator with strong lab infrastructure and government scheme participation. Directly comparable in mission (early-stage deep-tech startups), funding sources (MeitY, DST), and equity-based incubation model.
• FITT IIT Delhi: Foundation for Innovation and Technology Transfer at IIT Delhi — academic incubator running NIDHI-EIR, NIDHI-Prayas, and other DST-backed programs. Directly comparable structure: society-registered, IIT-hosted, multi-program portfolio, equity-based resident incubation.
• AIC IIT Roorkee: Atal Incubation Centre at IIT Roorkee — IIT-hosted, government-backed (NITI Aayog AIM) technology incubator with lab facilities and seed funding. Comparable structure as an academic-anchored, equity-based incubator running similar deep-tech and ESDM programs.
• SIIC IIT Kanpur: Startup Incubation and Innovation Centre at IIT Kanpur — IIT-hosted incubator focused on deep-tech and ESDM with seed fund and lab access. Comparable in academic anchoring, government scheme participation, and equity-based incubation model.
• SINE IIT Bombay: Society for Innovation and Entrepreneurship at IIT Bombay — premier academic technology business incubator with multi-domain lab facilities, seed funding, and MeitY-backed programs. Directly comparable as an IIT-hosted, government-supported incubator running similar NIDHI and MeitY schemes.
• iTIC Incubator IIT Hyderabad: iTIC at IIT Hyderabad — technology business incubator with deep-tech and product startups in electronics and MedTech. Comparable in academic anchoring, equity-based model, and lab-driven incubation for ESDM-domain founders.

Regional players

• KIIT-TBI Bhubaneswar: KIIT Technology Business Incubator in Odisha — regional Tier II/III-focused incubator running DST NIDHI schemes and MeitY programs. Comparable as a regional, Tier II/III city academic incubator with similar government scheme portfolio but in a different geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ic-iitp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Incubation Centre IIT Patna