Q1.  Who can apply for the Incubation facility at STPI-Bangalore?

Any new Indian company, who is into innovative Technology/ Service and whose date of incorporation is within a year from the date of application for the Incubation facility at STPI, is eligible for availing the Incubation facility. The contact details and the Company profile have to be sent across. If the Company profile complies with the above criteria, then the company would be intimated accordingly.

Q2.  How to apply for the Incubation facility?

Any company fulfilling the above criteria can request for the Application form from the group mentioned below and submit it to STPI for further approval from the competent authority:

Contact:
Incubation Group
Software Technology Parks of India
080-66186139 (D)
incubation@blr.stpi.in

The company may pay a visit to STPI to have a tour of the Incubation facility.

Q3.  What are the documents required for availing the Incubation facility?

The company needs to submit the hardcopies of the MoA and AoA of the Company to STPI, before executing the License agreement.

Q4.  What is the License Term for availing the Incubation facility at STPI?

The license term is initially for a period of 11 months which is extendable by 6 months twice.

Q5.  What is the tariff for the Incubation facility?

Rs.5,000/- per work station per month, which includes electrical power, work place, air-condition and internet connectivity (32Kbps per Workstation).

Q6.  What are the facilities provided in the Incubation?

	19 incubating rooms of varying capacity - 5 seaters to 18 seaters.
	3 meeting rooms
	Voice and data connectivity
	Common Library and General Utilities.
	Hardware Support & Services
	Training room / Auditorium for 100 people
	Integrated Data Centre / Server Room facility
	Business Support Services: Accounting, HR, Legal & Administrative Support

Q7.  Is PC/ System provided by STPI at the Incubation facility?

No, PC / Desktop/ Laptop has not been provided at the Incubation facility, as most of the companies prefer to work using their own Laptops.

Q8.  How the License Term of an Incubation unit can be terminated?

A notification has to be sent to STPI at least one month in prior, requesting for the termination of the license term. All dues would have to be cleared before the termination of license. Any damages caused to the infrastructure, during the operation of the company at specific Incubation unit, would be charged accordingly.