ONGC launched the ONGC Start-Up Fund on 14th August 2016. ONGC, SINE and IIT Bombay entered into a MoU to work together for incubating innovative ideas and business start-ups in the energy sector at the Society for Innovation and Entrepreneurship (SINE) of IIT Bombay. The Pitching Session to sele…
Tag: incubation
Income Tax benefits for start-ups: Just 10 out of 208 qualify
Only 10 start-ups have benefited from the government’s decision to give income tax exemption to eligible start-ups. This was even as 208 applications were considered for these tax benefits since the launch of the scheme in January, 2016. “Out of the total applications received, 208 applications c…
Autodesk to help rural start-ups fine-tune products, business
Hyderabad: An employee of AquaSoul, a Hyderabad-based incubation-stage start-up, is busy explaining a small robot boat system that consists of two devices. While the first device gauges the temperature and quality of water and sends information to the Cloud, the other roams around an aqua farm to…
DoT launches TEN Square to incubate start-ups in ICT
The Department of Telecom along with Telecom Centers of Excellence and C-DoT has set up TEN Square to incubate start-ups in the field of information and communication technology. “Department of Telecom along with Telecom Centers of Excellence (TCOE) India and C-DoT has set up Telecom Entrep…
20 start-ups register every day in Karnataka
The last four months of 2016 saw nearly 20 firms register with Karnataka’s Startup Cell every day .From just 27 startups registered at the time the Siddaramaiah government took over in 2013, the number has risen to 2,397 as of December end. In 2013, there was only one nodal officer for star…