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    Ref IVP Application Flowchart PDF

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    Prasanna
    This document outlines the process for applying for an EDII-IVP grant through the Technology Business Incubator at Kongu Engineering College. There are two types of vouchers available - Voucher A provides 80% funding from EDII and 20% from the applicant, while Voucher B provides 50% from EDII and 50% from the applicant. The application process involves registering as an MSME/startup, preparing the application with a faculty expert, submitting internally for approval and then externally to EDII. If approved, incubation and triparty agreements are signed between the applicant, incubator and EDII, and the funding is released in three installments over 12 months based on progress reviews.

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    Ref IVP Application Flowchart PDF

    Uploaded by

    Prasanna
    84 views1 page
    This document outlines the process for applying for an EDII-IVP grant through the Technology Business Incubator at Kongu Engineering College. There are two types of vouchers available - Voucher A provides 80% funding from EDII and 20% from the applicant, while Voucher B provides 50% from EDII and 50% from the applicant. The application process involves registering as an MSME/startup, preparing the application with a faculty expert, submitting internally for approval and then externally to EDII. If approved, incubation and triparty agreements are signed between the applicant, incubator and EDII, and the funding is released in three installments over 12 months based on progress reviews.

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    Ref_IVP_Application_Flowchart.pdf

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    This document outlines the process for applying for an EDII-IVP grant through the Technology Business Incubator at Kongu Engineering College. There are two types of vouchers available - Voucher A provides 80% funding from EDII and 20% from the applicant, while Voucher B provides 50% from EDII and 50% from the applicant. The application process involves registering as an MSME/startup, preparing the application with a faculty expert, submitting internally for approval and then externally to EDII. If approved, incubation and triparty agreements are signed between the applicant, incubator and EDII, and the funding is released in three installments over 12 months based on progress reviews.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    84 views1 page

    Ref IVP Application Flowchart PDF

    Uploaded by

    Prasanna
    This document outlines the process for applying for an EDII-IVP grant through the Technology Business Incubator at Kongu Engineering College. There are two types of vouchers available - Voucher A provides 80% funding from EDII and 20% from the applicant, while Voucher B provides 50% from EDII and 50% from the applicant. The application process involves registering as an MSME/startup, preparing the application with a faculty expert, submitting internally for approval and then externally to EDII. If approved, incubation and triparty agreements are signed between the applicant, incubator and EDII, and the funding is released in three installments over 12 months based on progress reviews.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Technology Business Incubator @ Kongu Engineering College

    EDII – IVP Proposal - Flow

    EDII – IVP Grant application process common to all KEC Personnel – Start-ups, MSMEs, Students, Faculty, Staff,
    Researchers and others related

    Applicant must register (ed) as a Micro Small Medium Enterprise (MSMEs) / Startup with DPIIT/GoI
    Applicant may be Incubatee of TBI or willing to register inline to T&C as incubatee on sanction of IVP
    grant

    IVP Voucher “A” IVP Voucher “B”


    80% from EDII +20% from Applicant 50% from EDII +50% from Applicant
    EDII Contribution Min: 1L EDII Contribution Min: 1L+20%
    EDII Contribution Max: 2L EDII Contribution Max: 5L+20%
    Project Duration: 12 Months Project Duration: 12 Months

    Application Preparation with reference to TBI@KEC EDII-IVP policy by applicant and faculty expert / mentor

    Submit application to TBI@KEC


    if Committee approves
    Not Accepted Accepted

    Submission of Application to EDII through Online

    Accepted

    Not Accepted Review by EDII-IVP and Presentation to Technical & Steering Committee

    Accepted

    Signing of Incubation Agreement by Signing and Submission of Triparty


    Applicant with TBI@KEC Agreement between Applicant, TBI@KEC
    and EDII

    Deposit of Applicant Contribution to TBI@KEC 1st installment of Grant release to TBI@KEC

    Release of 1st installment (50%)to Applicant


    if CommitteeProgress
    approvesReview by IVP IPMC

    1st UC & Report Submission by Applicant to TBI@KEC


    if Committee Request
    approveswith UC & Report to EDII for 2nd installment
    release
    Release of 2nd installment (40%) to
    TBI@KEC then to Applicant
    installment to Applicant
    Progress Review by IVP IPMC
    if Committee approves
    2nd & 3rd UC & Report Submission by Applicant to TBI@KEC
    if Committee approves
    Request with UC & Final Report to EDII for 3rd installment
    release
    Release of 3rd installment (10%) to TBI@KEC
    then to Applicant as reimbursement
    installment to Applicant

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