Common Questions Asked by Aspiring Applicants:

Unless you are not bringing something exceptionally innovative to the table, it is compulsory for at least one of the directors to be a student or alumni of NSUT (or NSIT).

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If you have all your documents with you, it takes around two weeks to get your Private Limited company incorporated. It takes around 1-7 days to get a current bank account in the name of your company. The incubation process may take anything between a week to a month depending upon the preparedness of the startup.

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Progress meetings are conducted every month and according to the justified financial projections and the past performance, funds are dispersed.

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The office space is allotted to the startups depending upon their space requirements. The monthly rent is a nominal amount that can vary according to the size of the room as per the decision of NSUT IIF. The rent has to payed in advanced, irrespetive of the allocation of funds.

Startup directors are allowed to stay in the office space from 8:00 am to 8:30 pm. Interns need to seek permission from NSUT IIF for their entry into the premises.

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