FSID STEM Cell (IISc)

FSID STEM Cell (IISc) is a deep science incubator in Bengaluru, India, linked to the Indian Institute of Science. It takes IP-based start-ups that aim to put science and technology to social use, and its services are open to founders beyond IISc alumni.

What FSID STEM Cell (IISc) offers

• Seed funding: seed funding through grants and equity-related funding.
• Space and labs: fully furnished, rent-free space on campus, plus access to IISc labs under IISc policy.
• Prototyping: prototyping labs and access to the MATTER facility at reduced rates.
• Mentors and network: technical and business mentors from IISc and industry, with links to angel networks and venture capital firms.
• Partner benefits: cloud credits, working capital and debt funding through partners, and group medical insurance for founders and employees.

Customers and markets

Deep science and technology start-ups, and IISc faculty who want to take their expertise to market through the faculty entrepreneurship programme.

Key facts

• Based in: Bengaluru, India
• Schemes run: AIM-EIC, MeitY TIDE 2.0 and iDEX, plus seed programmes from SIDBI, NIDHI, EXIM Bank and Startup India
• Track record: offerings developed over more than 25 years