Certification of Incubators for Haryana Startup Policy Benefit

• Certificates shall be issued to eligible Government / Private Incubators (Existing/ New) in the State of Haryana.
• The Private Incubators should have at least 10,000 Sq.ft. of built-up space, ready to use for the exclusive use of the Incubator. The space should be owned or leased by the Incubator. In the case of lease space, the period of a lease should be a minimum of 05 years.
• All the Government/Private Incubators operating from Haryana have to mandatorily register with the Startup Haryana, Industries & Commerce Department, Haryana to get eligible for various benefits offered under the policy.

Eligibility Conditions for Registration of Incubators under Startup Haryana Cell, Department of Industries and Commerce, Government of Haryana

• Any Incubator entity/ organization working in the State of Haryana and involved in Incubation activities for the benefit of startups working in Haryana.
• An Incubator may be a Government owned/supported Incubator or a Private Incubator in the State of Haryana.
• The Incubators established under any Central or State Government Scheme.
• The Private Incubators should have at least 10,000 Sq. ft. of built-up space, ready to use for the exclusive use of the Incubator. The space should be owned or leased by the Incubator. In the case of lease space, the period of a lease should be a minimum of 05 years.
• The Incubator entity must be incorporated/registered under any one of the following categories:
  • Society (under The Societies Registration Act, 1860);
  • Haryana Registration and Regulation of Societies Act, 2012;
  • Section 8 Company (under The Companies Act, 2013);
  • Public Company (under The Companies Act, 2013);
  • Private Limited Company (under The Companies Act, 2013);
  • Limited Liability Partnership (under The Limited Liability Partnership Act, 2008);
• All the Government owned/ Supported Incubators located in the State of Haryana would provide subsidized incubation to the Startups registered with Startup Haryana Cell under the aegis of the Industries & Commerce Department, Haryana.
• Benefits/ Incentives can be availed under one policy only in the State viz Haryana State Startup Policy 2022 or HEEP 2020 or MSME or IT & ESDM Policy or any other State Policy.

Incentives

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 Incubatorsare expected to be self-sufficient.

• Capital Subsidy

  • Government Host Institutes shall be provided capital grant of 50% of Capital Investment (excluding land cost) for setting up Incubator, subject to max INR 2 Crore.
  • Private Host Institutes shall be provided capital grant of 50% of Capital Investment (excluding land cost) for setting up Incubator, subject to max INR 1 Crore.A maximum of 05 Private Incubators every year will be eligible.

• Reimbursement on Rental Charge:

  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.

• Stamp Duty & Registration Reimbursement:

  Incubators shall be provided 100% reimbursement of Stamp duty and registration feeson purchase/lease of land/Office space/IT Building after commencement of commercial operations/ serviceand within 5 years from the date of purchase/ lease of land/ Office space/ IT Building.

• Mentoring Assistance:

  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.

• Assistance for participating in Fair/Exhibition:

  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.

• Startup Competition assistance:

  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 20Lakh per event.

• Electricity Duty Exemption:

  100 % exemption for 12 years in ‘D’ category blocks, 10 years in ‘C’ category blocks and 7 years in ‘B’ category blocks.

New Incubation Centres in Government Universities and other Government Institutions

• Financial assistance for creating incubation centres in Government universities and other Government institutions to the extent of INR 50 Lakh per Incubator and INR 20 Lakh yearly for recurring expenditure for 5 years.
• Financial assistance up to INR 10 Lakh per Incubator for existing incubators in Government Universities and other Government Institutions for upgrading facilities with new-age technologies such as the Internet of Things (IoT), FinTech, Robotics, and Artificial Intelligence amongst others.