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Government shall facilitate the setting up of Incubators in Government Institutions as well as Private Institutions. The Incubators shall be responsible to provide basic ‘plug & play’ facilities such as Workspace, Internet Broadband Connectivity, Conference room, and Training & Mentoring facilities to Startups. State support would be provided to Incubators based on their performance, and subsequently, the Incubators are expected to be self-sufficient.
Incubators would be given 50% reimbursement of Lease rent paid by them for operations through building of Government Departments/ Boards/ Corporations/ Companies or any other Government Institutions on rent basis for period of 3 years, up to a maximum of INR 5 Lakh per annum per Incubator.
Incubators shall be provided 100% reimbursement of Stamp duty and registration fees on purchase/lease of land/Office space/IT Building after commencement of commercial operations/ service and within 5 years from the date of purchase/ lease of land/ Office space/ IT Building.
Mentoring assistance up to INR 2.5 Lakh per incubator will be given to Government-owned/ supported/ sponsored incubators up to a maximum of INR 25 Lakh per annum.
Industry Associations/Incubators/ Government Departments leading a delegation of Startups to National and International Fair/Exhibition or for organizing such fair/exhibition/seminars shall be provided financial assistance on actual basis subject to maximum INR 50 Lakh. A maximum of 12 such events would be supported by the State Government annually.
To encourage entrepreneurship culture in colleges, Eligible Institutes of National Importance, State Universities & Central Universities based in Haryana, established Incubators in these institutions’ premises to be supported by State Government to organize such Startup competition fest annually. The state shall provide assistance up to the limit of INR 20 Lakh per event.
100 % exemption for 12 years in ‘D’ category blocks, 10 years in ‘C’ category blocks and 7 years in ‘B’ category blocks.
Financial support of INR 4 Crore for capital expenditure to any Government Departments or any Government entities, for creating IT startups warehouse in collaboration with NASCOM/ CII/ FICCI/ ASSOCHAM/ PHD/ Centre for Innovation Incubation and Entrepreneurship (CIIE) for furnishing and equipping (Networking, bandwidth, lease line, air conditioning & furniture, etc.) the bare shell space and INR 1 Crore yearly for 3 years recurring expenditure support at Panchkula, Hissar and other potential locations.
Financial support of INR 4 Crore for capital expenditure to any Government Departments or any Government entities for creating Mobile Apps Development Centre in collaboration with Internet & Mobile Association of India/ Central/ State Government Universities/ any other relevant industrial association/ body found suitable by the State and yearly support of INR 1 Crore for three years at Panchkula, Hissar & other potential locations in Block ‘C’ and Block ‘D’.
