Eligibility

Primary Condition for Incubation
The resident company/ incubatee may be a company or LLP (period of existence and
operation should not exceed 5 years from the date of incorporation). In case the
resident company/incubatee is a Proprietorship, Partnership Firm or a Pre Incorporated
entity, the promoters must get it registered as a company or as a LLP within three
months of entry into incubation. The incubated company has to be an India-registered
enterprise. This support is not meant for Indian Subsidiaries of MNCs/foreign
companies. Persons holding Overseas Citizens of India (OCI), Persons of Indian
Origin (PIO) status would be considered as Indian citizens for the purpose of this
scheme. The shareholding of resident Indian in the incubated start up should be at least
51%

Categories of Resident Member

• Category-I – An incubator nursery programme
• Category-II – Technology based start-up companies
• Category-III – Technology/R & D unit office of a small or medium size enterprise, industry
  association/an R & D company who desires to have a technology interface with KUK

to know more- Download KUTIC Startup Policy