Sona Incubation Foundation (SIF) has been established as a section 8 company non-profit organization. SIF will act as a "One-Stop Shop – Business Incubator" for innovators and start-ups. SIF encourages and facilitates an entrepreneurial and innovative eco-system for all the stakeholders, including the innovators, student community, faculty, and society at large.
Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. This would enable these startups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists or seek loans from commercial banks or financial institutions.
The Inclusive ignite program is a tailored program dedicated to fostering the growth of early-stage wearable technology, assistive technology, IoT, and robotics startups. This program offers a dynamic platform for entrepreneurs to refine their ideas, gain access to resources, and accelerate their ventures in the sectors mentioned above. This is a significant program that aims to catalyze innovation, foster sustainable practices, and propel early-stage startups to success. This program is a dynamic platform that offers a nurturing environment for entrepreneurs to grow their ventures in the evolving technological innovation landscape. NSTEDB, Department of Science and Technology, Government of India, is supporting this program through the NIDHI - ITBI Scheme.
S.I.F.S.P.A.R.K stands for Startup Programs Access to Research & Knowledge and is an initiative of the Sona Incubation Foundation aimed at empowering entrepreneurs through structured support, mentorship, and access to vital resources. This program encompasses various cohorts and sub-programs designed to cater to diverse entrepreneurial needs.
