• Society (under The Societies Registration Act).
• Section 8 Company (under The Companies Act, 2013).
• Private Limited Company (under The Companies Act, 2013).
• Public Company (under The Companies Act, 2013).
• Limited Liability Partnership (LLP) (under The Limited Liability Partnership Act, 2008).

Eligibility Criteria for Financial Assistance:

• Aspiring or existing incubators based in educational institutes or corporate/PSU are eligible for a grant of up to 75% of project cost, with a maximum of INR 5 crore for setting up/scaling incubator facilities.
• The project cost should include both capital and operational costs.
• The grant is to be spread over 3 years, subject to submission of proper utilization certificates.
• Incubators must dedicate at least 5,000 sq. feet of carpet area for their operations.

Benefits for Incubators

• Financial Assistance:
  Government of Assam provides up to 75% of the project cost (maximum INR 5 crore) for setting up incubation centers at IT, engineering colleges, universities, and other educational institutions.
• Infrastructure Support:
  Covers costs for the construction of buildings, equipment, and connectivity.

Please click here for List of Incubators

For more details, visit the official Startup Assam Portal