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SMVDU

Technology Business Incubation Centre

Empowering visionary startups with innovation, mentorship, and resources to shape a better tomorrow

Think. Build. Scale

SCHEMES

NIDHI- PRAYAS

SMVDU-TBIC, the premier NIDHI-PRAYAS center in J&K endorsed by NSTEDB, Govt. of India, facilitates grants of ₹10 lakhs to emerging innovators for prototype development. Established with an initial fund of ₹2.20 crore from DST, ₹1.76 crore has been allocated to advance startup and entrepreneurial ventures. To date, 17 promising startups have been successfully incubated under this initiative.

Prototype Grant Allocation

Provide financial grants of up to ₹10 Lakhs per innovator to translate early-stage technological concepts into working hardware models.

De-Risk Innovation

Allow students and regional youth to experiment, pivot, and iterate on their ideas without the fear of financial failure.

Provide Advanced Prototyping Infrastructure

Grant innovators direct access to technical labs, mentorship, and the incubator’s dedicated 24×7 Tinkering Lab equipment.

Foster Regional Solutions

Support indigenously developed technological innovations that target both local problems specific to J&K and larger global issues.

Feed the Incubation Pipeline

Elevate the quality and volume of verified, tech-driven concepts entering full-scale incubation at SMVDU.

NIDHI-SSS

SMVDU-TBIC received a Grant-in-Aid of ₹2.10 crore under the NIDHI-Seed Support System (SSS) by DST, with ₹1.99 crore disbursed to foster incubation and startups. Among its incubatees, Green Trek Research & Development and Manukrishi are highlighted on the Government of India’s “Agni” platform for agriculture-based innovations from J&K..

Bridge the Commercialization Gap

Ensure the timely availability of early-stage financial support to help resident startups progress past the prototype stage and transition into the market.

Fund Market Readiness

Supply capital explicitly for crucial scaling hurdles, including product testing, field trials, certification, and test marketing

Establish Regional Market Success

Empower regional ventures—such as agriculture-tech startups from J&K—to scale operations and successfully launch commercially.

Provide Flexible Seed Capital

Disburse seed funding as soft loans, equity, or seed grants (allocating amounts up to ₹50 Lakhs per startup) to build business viability.

Ensure Incubator Sustainability

Allow SMVDU-TBIC to share in the equity and long-term success of its resident startups, driving operational self-sustainability for the center.

Incubated CompanyIdea TitleName of Incubate
1. Anandamurthi Technology Pvt. JK FarmersM Srinivas,
2. Applok8 Pvt. Ltd. LOK8Vinod Bhat
3. Branding Elves Private Ltd. Branding ElvesArush Mahajan/Jasleen Kour/Kanav Gupta
4. Bsp Continental Pvt. Ltd. Kisaan ConnectKrishna Gedam
5. Devadar Ventures Pvt. Ltd. Fishx.ai Lalit Mohan
6. Greenhoo India Pvt. Ltd. Greenhoo Ashish Verma, Sahil Verma
7. Incarnation Retail Pvt. Ltd. Jammu BasketAman Verma, Ashish Verma
8. Medico Albatross Pvt. Ltd. ALBATROSSJatin Sharma
9. Nuimance Phytovigyan Pvt. Ltd. Nuimance PhytovigyanPrem Pandey

GRADUATED INCUBATEES