You have a great business idea, a professional website, along with a strong, supportive and powerful team, all ready. Is that all you need now and later? The answer is undoubtedly, No. It’s time for you to search for the “right” incubator and accelerator that will reduce the risk of failure. As the Indian economy is gaining momentum, there has been a steep rise in the number of incubators and accelerators across the country. Choose the best one for your plan. A bad choice is perilous in this case.

You must be certain as to when do you require incubators and when should you approach accelerators, and the kind of services provided by both of them.

Distinction between Incubators and Accelerators

The primary aim of incubators, as well as accelerators is to aid startups and help them develop and evolve in the field of entrepreneurship; there are numerous crucial points that distinguish the two. In the initial stage, you require basic business services like office space, infrastructure and expanding your network, which is provided by incubators.

And accelerators, the name is self-explanatory. They are required to speed up your business in the later or last stages generally. They offer services like mentoring, fundraising, strategic consulting, etc.

The government backs a large number of incubators, and there are many private players too, whereas accelerators are mostly supported by angel investors or VC firms. While incubators help in setting up the business, accelerators help in expanding the business.

Here is a list of the best incubators and accelerators across the country to help you in need!

Top 50 Incubators and Accelerators

Delhi/ NCR

1. Indian Angel Network(IAN) Incubator

The pioneer of Angel Investing in India, IAN Incubator was established by the Indian Angel Network, with the support of National Science and Technology Entrepreneurship Development Board, Department of Science and Technology, Government of India. Once selected for Incubation, ventures are incubated over a period of 12 months.

2. The Hatch

The Hatch is a pan-India accelerator, a business incubator, a pre-seed stage fund and a learning center for budding entrepreneurs and startups. It gives a pre-seed stage funding through small ticket co-investments by mentors and investors. They provide a facility of 25000 square feet space for operations in Chandigarh and Gurgaon.

3. Technology Business Incubator (TBIU), IIT Delhi

The TBIU represents a proactive approach towards a strategic partnership among the Entrepreneur, the Institute and the External World. Proposal are accepted from ventures if they are initiated one or more members of academic staff, students or alumni of the Institute or a faculty-student led company for this technology incubator.

4. TLabs

Tlabs is founded in 2011,it is a startup accelerator as well as an early stage seed-fund for Indian internet and mobile technology startups. Batches start in February and August.

5. GSF India

Headed by Ranjesh Sawhney, Former President, Reliance Entertainment, this accelerator mostly invests around $ 25,000 to $ 30,000 for a single digit equity (5-8%).

6. Veddis

It has investment and incubatee companies in its portfolio with offices in London and Gibraltar. The incubator promises office environment including office space, technology infrastructure and critical support services. Investments range from $250K to $10M.

7. 5ideas

Like the name suggests, the company only takes in maximum 5 startups at a time and invests 2.5 crore per startup. GauravKachru and Pearl Uppal who were founders of deals and you and F&U respectively,founded the accelerator platform.

8. Information Technology Business Incubator (ITBI) JSSATE-STEP

It is sponsored by the Department of Science and Technology for nurturing ICT based startup companies.Investments upto 25 lakhs as seed money, through government supported corpus fund is provided.

9. Amity Technology Incubator

Amity Innovation Incubator is a registered ‘not for profit’ society consisting of industrialists, venture capitalists, technical specialists and managers, established to help entrepreneurs through a range of services like infrastructure, business advisory, mentoring and financial services.

10. SEED-MDI

SEED-MDI is the Center for Entrepreneurship at the Management Development Institute, in association with HeadStart Network Foundation.

11. Technology Based Incubator Society, University of Delhi, and South Campus

It aims at working in different areas of Industrial Microbiology & Biotechnology with an emphasis on fermentation based production of different bioactive molecules.TBI also provides Manpower training to the Graduate/Post Graduate Students and Entrepreneurs.

12. Shriram Institute for Industrial Research, Shriram Scientific and Industrial Research

The center provides services in the fields of plastics, rubbers, specialty chemicals and waste management. The Center is located in the premises of Shriram Institute for Industiral Research under the sponsorship from Department of Science and Technology.

Bengaluru

13. Microsoft Accelerator

The platform offers a 4-6-month tailor-made program for later-stage startups looking to go beyond the development of their product by providing support and resources necessary to building a sustainable company and scaling up every aspect of the business. It has two batches- summer batch (applications start in November) and winter batch (applications start it May).

14. Axilor Ventures

Axilor Ventures helps early stage startups succeed through its programs and a unique venture funding model. The 100-day Accelerator program helps startups figure out if they are working on something people want, build products users love and show traction in terms of usage and revenues. Startups that meet the investment goals get funding of upto Rs 25 lacs on successful completion of the scale-up program requirements. Axilor focuses on startups in sectors like Enterprise SaaS, Fintech, e-commerce, healthcare and cleantech.

15. Khosla Labs

Based on the project traction and business plan, the project gets funded by the Khosla Ventures seed fund and a new company gets spun-off by the lead entrepreneurs from the lab.

16. NSRCEL, IIM Bangalore

Located within the premises of IIM Bangalore campus, NSRCEL offers extensive engagement with industry in order to channelize and refine raw entrepreneurial energies that go on to become successful businesses. Thought the sectors are not limited, they commonly extend support to startups from the Information and Communication Technology, Clean Technology and Embedded Systems and Design sectors.

17. Angel Prime

Angel Prime is an incubator that aims to set up companies in three different areas: E-Commerce, Smartphones and Tablet-Based apps and Electronic Payments. With no fixed rules for equity, it will invest USD $200K – $600K.

18. Kyron

In return for 10% equity stake in startups, the four-month accelerator company will provide $10,000 in cash, $20,000 in business services (including dedicated CXO team) and a vast portfolio of business services in areas such as HR, finance, legal, marketing and IT.

19. GSF, India

GSF Global Accelerator is a 13-week program to foster innovation in the rapidly increasing number of startups. It aims to unparalleled access to ventures and business networks, personalized and intensive mentoring, along with initial capital.

20. IIIT Bangalore Innovation Center

IIITB has set up a sec 25 company named IITB Incubation Center. They encourage industry set up R&D Centers in which the staff can work closely with the faculty and students of the Institute.

21. E health-TBI, PES School of Engineering Tech Park

The main objective of this incubator is promoting gainful self-employment amongst the Science and Technology (S&T) manpower and to setup knowledge based, as well as innovation driven enterprises.

22. Global Incubation Center, JSS Institution Campus

Global Incubation Services (GINSERV) got approval of the scheme, “Seed Support System for Start-ups in Incubators” of the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology to host a seed fund with a corpus of Rs.2 crores. 50lakhs is the maximum financial assistance to the incubated startup.

23. Start-up Village

The incubator was started in April 2012 as a joint partnership with the Government of India through the Department of Science and Technology, Technopark TBI and MobME Wireless.

Also Read: Top 13 co-working spaces in Bangalore

Chennai

24. The Startup Center

There are many perks provided by TSC like each of the resident teams gets credits from Amazon Web Services, 1,500 USD Worth Credits from Soft layer and 20,000 USD Worth Credits from Google. Funding of INR 10,00,000 is provided. Teams should be based out of Chennai.

25. Villgro, IIT Madras

Villgro funds and incubates early-stage, innovation-based, for-profit social enterprises that will have a significant impact on the poor people in India. The maximum amount of fund per enterprise is INR 50,00,000 and is invested as equity and/or quasi-equity.

26. Rural Technology and Business Incubator, IIT Madras

The sole incubator focuses on rural/under-served societal segments.

27. Technology Business Incubator, Center for Biotechnology, Anna University

The National Science and Technology Entrepreneurship Development Board, Department of Science & Technology, Govt. of India, to incubate start-up industries in Electronics and Information Technology, support TBI.

Mumbai

28. Society for Innovation and Entrepreneurship (SINE), IIT Mumbai

It provides support for technology based startup. The maximum incubation support is for three years.

29. Unltd

It is an incubator for social entrepreneurs. They provide help to the early stage social entrepreneurs in scaling up their business and also helps in funding.

30. Venture Nursery

It is India’s first Angel-based start-up accelerator. They organize accelerator plan three-four times a year, approximately one every quarter, and one program lasts for 13-week.

31. SeedFund

They have invested in diverse sectors like healthcare, education, rural marketing, e-commerce, and technology. They have offices in Delhi and Bangalore as well.

32. Center for Entrepreneurship, SP Jain Institute of Management Research Center

This incubator serves potential entrepreneurs with or without business ideas. It is designed exclusively for students and graduates who are keen to launch a business venture.

33. Zone Startups

Supported by Dept. of Science and Technology, Government of India, they have got startups, which include companies, visiting entrepreneurs, as well as resident organizations.

Hyderabad

34. Wadhwani Center for Entrepreneurship Development, ISB

The incuabtees, which are mostly students get mentorship as well as financial assistance from Indian School of Business.

35. CIEE, IIIT Hyderabad

This incubator at IIIT Hyderabad mainly focuses on startups based on new age technologies like visual informatics, data engineering, machine learning, language technologies, gaming and robotics.

36. Life Science Incubator at IKP Knowledge Park

It has incubation space of around 3200 square feet for 8 incubatees, and the main area of focus of these 8 incubatees is related to pharmaceuticals and bio-technology.

Also Read: Top 6 co-working spaces in Hyderabad

Chandigarh

37. The Morpheus Gang

The Morpheus Gang started by a gang of aspiring entrepreneurs focuses on early-stage of the startups. It has a four-month program with over 100+ companies in their portfolio.

38. Chitkara Innovation Incubator

Chitkara Innovation Incubator was initiated in the year 2013 with a 15,000 square feet facility next to Rajiv Gandhi Information Technology Park. Entrepreneurs across can access seed capital opportunities, one-on-one mentoring, pro-bono support services, feedback from entrepreneurial experts, and capacity-building workshops.

Ahmedabad

39. Center for Innovation and Entrepreneurship (CIIE), IIM Ahmedabad

The main aim of the incubator is to commercialize technology-based ideas. Because of a unique partnership with mentors, corporates, and development agencies, CIIE is provides a rare environment for acceleration, funding and mentorship.

40. National Business Design Incubator, NID Ahmedabad

The purpose of NDBI is to nurture the creative minds of the young designers with entrepreneurship skills to design products or services that can be commercialized.

41. Mundra Institute of Communication

It boost entrepreneurship skills in the communication sector.

Pilani

42. Technology Business Incubator, BITS

Birla Institute of Technology and Science set the incubation Center, in association with Department of Science and Technology, Govt. of India to help and develop entrepreneurs across all the domains.

Kharagpur

43. Technology Incubation and Entrepreneurship Society, IIT Kharagpur

TIETS has created an avenue where the incubates get fund support, mentoring, evaluation and prototype branding. They provide the much needed financial assistance in the early-stage of a startup.

Kanpur

44. SIDBI Innovation and Incubation Center, IIT Kanpur

Established in 2000, in collaboration with Small Industries Development Bank of India (SIDBI) to encourage innovation, research and entrepreneurship in technology-related areas.

Pune

45. Venture Center at NCL

This is India’s largest science business incubator. It aims to empower entrepreneurs and scientists in areas of materials, chemicals, and biological sciences & engineering.

Trichy

46. TREC-STEP, NIT Trichy

It empowers and encourages entrepreneurs in the technical areas of expertise. Incubatees of TREC-STEP are eligible for Service Tax Exemption for three years upto a maximum 50 lakhs turnover.

Calicut

47. Technology Business Incubator, NIT Calicut

TBI provides work-space with shared office facilities with emphasis on business and professional services necessary for supporting early stage growth of technology-based enterprises.

Thiruvanthampuram

48. Technopark TBI

This incubator won the best incubator in Asia award in 2012. It is a joint initiative of Technopark and DST with the view to promoting with companies in IT, Electronics, Biotechnology, e-learning, Bio informatics and Social Entrepreneurship.

Coimbatore

49. Amrita TBI, Amrita VishwaVidyapeetham

Listed among the top-5 most prolific startup incubators in the country, Amrita TBI is a non-profit incubator supported by Govt. of India and Amrita University.The institution funds, mentors and nurtures ideas, startups and entrepreneurs.

Vellore

50. Technology Business Incubator, VIT

VIT Technology Business Incubator is a joint initiative between Vellore Institute of Technology and Department of Science & Technology, Govt. of India. It provides incubation support to start-up ventures.

Varanasi

51. Malaviya Centre for Innovation, Incubation& Entrepreneurship (MCIIE), IIT BHU

Incubator tenants not only benefit from business and technical assistance, but they also have advantage of official affiliation with the incubator, entrepreneurial environment, direct link to entrepreneurs, and networking and commercial opportunities with other tenant firms.

The list is here and the choice is yours. Choose the one suitable for you and take a few steps ahead in your business.

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Rashika Daga

Author at The Hacker Street

Engineer by mind, writer out of passion. An avid reader, keen observer and extremely enthusiastic in exploring new things. In a long term relationship with love and enjoyment.