SBB480

NewGen Innovation and Entrepreneurship Development Centre

7.0/10

The NewGen Innovation and Entrepreneurship Development Centre supports startups by providing funding of up to Rs. 25 lakhs and recurring expenditures of up to Rs. 10 lakhs for five operational years. Eligible institutions include universities or premier colleges with trained faculty and dedicated space for the initiative.

Central

States / UT: All India

Ministry / nodal: Ministry of Science & Technology

Scheme for: Startups

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Startups

Tags: startups, Science and Technology

Details

Brief

New Generation Innovation and Entrepreneurship Development Centre (NewGen IEDC) is the program launched by the National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), Government of India, and implemented by EDII, Ahmedabad. NewGen IEDC aims to inculcate the spirit of innovation and entrepreneurship amongst the young S&T students and encourage and support start-up creation through guidance, mentorship & support. NewGen IEDCs would be established in academic institutions where students will be encouraged to take up innovative projects with the possibility of commercialization.

Eligibility

  • The institution should be a University/Deemed University or a premier Institute/College offering Engineering, Technology, Science courses at the degree level or above for at least 5 years.
  • The institution must have at least two faculty members trained in Entrepreneurship through DST sponsored Faculty Development Programme and should have a minimum dedicated space of about 5000 square feet for housing the NewGen IEDC.

Benefits

  • - Upto Rs. 25 Lakhs and recurring expenditure (Project Development Cost, Travel, Training and Contingencies, etc.) of up to Rs. 10 lakhs for five full operational years is provided
  • Upto Rs. 25 Lakhs and recurring expenditure (Project Development Cost, Travel, Training and Contingencies, etc.) of up to Rs. 10 lakhs for five full operational years is provided.

Eligibility

  • The institution should be a University/Deemed University or a premier Institute/College offering Engineering, Technology, Science courses at the degree level or above for at least 5 years.
  • The institution must have at least two faculty members trained in Entrepreneurship through DST sponsored Faculty Development Programme and should have a minimum dedicated space of about 5000 square feet for housing the NewGen IEDC.

How useful is this scheme?

Public benefit analysis

A practical look at this scheme for citizens

AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.

7.0
/ 10
Public Benefit Score
Accessibility 7.0/10 Good
Rural usefulness 5.0/10 Moderate
Application complexity 3.0/10 Good
Financial impact 9.5/10 Good
Literacy barrier 5.0/10 Moderate
Women inclusivity 6.0/10 Moderate
Awareness 7.0/10 Good
Implementation reliability 7.0/10 Good
Bigger shape means a better fit for citizens
  • Accessibility7.0
  • Financial impact9.5
  • Rural utility5.0
  • Awareness7.0
  • Simplicity7.0
  • Inclusivity6.0

What problem does this scheme solve?

The scheme supports startups through funding and mentorship, primarily targeting academic institutions.

Key challenges addressed

  • Lack of funding for startups
  • Need for mentorship and guidance in entrepreneurship

Most beneficial for

  • Startups
  • Academic institutions with entrepreneurship programs

Likely challenges

  • Limited awareness among potential beneficiaries
  • Eligibility restrictions for institutions

Practical insights for citizens

Practical for institutions but may not reach individual entrepreneurs effectively

Rural challenges

  • Limited access to digital resources
  • Awareness of the scheme in rural areas

Digital challenges

  • High digital dependency for application

Implementation bottlenecks

  • Eligibility criteria may exclude many potential applicants

Awareness challenges

  • Low awareness among startups and institutions

Application analysis

Application mode
Online portal
Documents burden
Low
Verification complexity
Moderate
Office dependency
None
DBT dependency
No
CSC support
Limited
Estimated citizen effort
Moderate

Estimated beneficiary reach

  • Rural / urban reach Moderate
  • Gender reach Moderate
  • Occupation reach Startups, Academic professionals

Benefit analysis

Benefit type
Financial support
Benefit frequency
One-time funding with recurring support for five years
Benefit practicality
High for eligible institutions
Financial meaningfulness
High due to substantial funding amounts
Long-term impact
Potentially significant if successful startups emerge

Plain-language guidance

This scheme helps academic institutions support startups with funding and mentorship. Eligible universities can apply online to receive financial assistance.

Who should apply
Universities and premier colleges with entrepreneurship programs.
Who may struggle
Institutions lacking trained faculty or dedicated space.
Best application route
Apply via the official online portal.

This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.

Application Process

Online / portal

Official application / information link: https://www.indiascienceandtechnology.gov.in/funding-opportunities/startups/newgen-innovation-and-entrepreneurship-development-centre-newgen-iedc

Source listing: https://www.startupindia.gov.in/content/sih/en/government-schemes.html

References

Startup India — Central government schemes for startups
https://www.startupindia.gov.in/content/sih/en/government-schemes.html
Application / official link
https://www.indiascienceandtechnology.gov.in/funding-opportunities/startups/newgen-innovation-and-entrepreneurship-development-centre-newgen-iedc

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Frequently asked questions

What is the purpose of NewGen Innovation and Entrepreneurship Development Centre?
NewGen Innovation and Entrepreneurship Development Centre is a government welfare initiative designed to support Startups, Startups through benefits related to Startups & entrepreneurship, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
Who can apply for NewGen Innovation and Entrepreneurship Development Centre?
Eligibility for NewGen Innovation and Entrepreneurship Development Centre may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
What benefits are offered under NewGen Innovation and Entrepreneurship Development Centre?
Benefits under NewGen Innovation and Entrepreneurship Development Centre may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
Which department manages NewGen Innovation and Entrepreneurship Development Centre?
NewGen Innovation and Entrepreneurship Development Centre is managed by Ministry of Science & Technology and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
Can users apply online for NewGen Innovation and Entrepreneurship Development Centre?
Yes, eligible applicants may be able to apply online for NewGen Innovation and Entrepreneurship Development Centre through official government portals, authorised service centres, or digital application systems depending on the implementation process.
Is Aadhaar mandatory for NewGen Innovation and Entrepreneurship Development Centre?
Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
Where can users apply for NewGen Innovation and Entrepreneurship Development Centre?
Applications for NewGen Innovation and Entrepreneurship Development Centre may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
What documents may be required for NewGen Innovation and Entrepreneurship Development Centre?
Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
Is income certificate required for NewGen Innovation and Entrepreneurship Development Centre?
Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under NewGen Innovation and Entrepreneurship Development Centre.
Is NewGen Innovation and Entrepreneurship Development Centre a central government scheme?
Yes, NewGen Innovation and Entrepreneurship Development Centre is a central government welfare initiative that may be implemented across multiple states through authorised departments and agencies.
Can students apply for NewGen Innovation and Entrepreneurship Development Centre?
Eligible students studying in recognised institutions may apply for NewGen Innovation and Entrepreneurship Development Centre depending on educational qualification, category, income limit, and academic eligibility.
Is scholarship amount provided under NewGen Innovation and Entrepreneurship Development Centre?
NewGen Innovation and Entrepreneurship Development Centre may provide scholarship assistance, tuition support, educational reimbursement, or financial aid for eligible students.
Does NewGen Innovation and Entrepreneurship Development Centre provide business loan or startup assistance?
NewGen Innovation and Entrepreneurship Development Centre may support entrepreneurs, startups, self-employed individuals, MSMEs, or small businesses through financial assistance, subsidies, credit support, or training initiatives.
Is collateral required under NewGen Innovation and Entrepreneurship Development Centre?
Collateral requirements may vary depending on the loan amount, implementing agency, financial institution, and government subsidy structure.
Can CSC centres help users apply for NewGen Innovation and Entrepreneurship Development Centre?
Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
How can users check the latest updates for NewGen Innovation and Entrepreneurship Development Centre?
Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
Can beneficiaries track application status for NewGen Innovation and Entrepreneurship Development Centre?
Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
Where can users get help for NewGen Innovation and Entrepreneurship Development Centre in All India?
Users in All India may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
Which nearby public services may help with NewGen Innovation and Entrepreneurship Development Centre applications?
Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.