New Generation Innovation Network

The host institute will be provided a one-time grant of ₹10 lakhs to set up the required infrastructure for the implementation of the scheme and also provide the following expenses:

Operational Expenses:

Each Educational Institute will get funding of ₹5 Lakhs per year to be used towards operating expenditure for maintenance.

Operational Expenses Grant of ₹5 lakhs per annum (released in phases of ₹2.5 lakhs at a time) shall be operated like a revolving fund i.e. upon submission of audited utilization the next installment could be claimed

Project Fund:

Each Project/team will get a maximum funding of ₹1.00 lakh and the college will take up a maximum of 5 projects in a year. Each project/idea selected by the host institute shall have to be approved by the State Level Committee.

The applicant must be a technical institute, polytechnic institute, or a government general degree college in Tripura.

The host institute will be selected based on its infrastructure, quality of faculty, and excellence in education by a state-level committee.

Infrastructure: The following minimum specified infrastructure to be made available in the Educational institutions:

Minimum 1000 sq. ft. carpet area in a location that is appropriate to host an incubation centre on a college/ institution campus.

10 computers with the latest configuration. (Minimum configurations Core i5 / i7; 5th Gen; 1Tb hard disk, 4GB / 6GB Ram, 3GHz. Monitor at least 21 inches).

Workspaces to accommodate up to 5 start projects/teams/start-ups simultaneously.

Well-furnished incubation room with furniture, AC, and interior decoration.

Independent high-speed dedicated internet connection, uninterrupted power backup and Projection facility, Discussion, and meeting room to be made available on the college/institution campus.

Manpower:

1. One dedicated manpower will need to be appointed as a Start-up coordinator with the following qualifications.

Minimum Qualification: Technical/Management graduate with at least 5 years of working experience in the industry in sales/Marketing.

1. Selection of a minimum of two mentors in specific areas of technology/specialization from the Faculty of the Host institute.

Note: The Host Institution should open a separate bank account in any nationalised bank to receive grants.

Offline

Step 1: The eligible Technical Institutes need to fill out the application form. The format for the application is provided in Annexure-1.

Step 2: The filled application form will be collected with necessary documents from the Head of the Institution.

Step 3: Polytechnic Institute & General Govt. Degree Colleges will be selected on the basis of the number of IT-related courses offered by the college and the strength of the student in those courses should be more than 100.

Step 4: The committee reviews all applications where the NGIN centre could be established.

1. Details of the Principal of the Institute
2. List/Details of Management Committee Members of the institute
3. Documents in support of Infrastructure details
4. List/Details of Faculty
5. List/details of Research Activities in the institute
6. Any other document, as required