Assistance under NGIN Scheme
- Host Educational Institute will setup required infrastructure for the implementation of the scheme. A grant of Rs.10 Lakhs to setup the infrastructure in the selected institutions will be provided.
- Each Host Educational Institute will get a funding of Rs.5 Lakhs per year to be used towards operating expenditure for the program e.g. employing a program manager, other contingency expenditure like purchase of computer and travel of student to attend conference, seminar etc.
- Each Project team will get a maximum funding of Rs.1 lakhs and each of the institute will take up maximum of 5 projects in a year. Each project/idea selected by the college/incubated team shall have to be approved by the State Level Start-Up Council.