Business Facilitation

Pre-feasibility studies, Project appraisal, Market research and techno-commercial studies.

Technology Consultancy

Assistance in identification and evaluating the technology and know-how..

Training

Training is made available on case to case basis based on the requirement of the entrepreneur. The training can be in the specialized technical areas, Entrepreneurship Development, or Management.

Work Place

Ready to use office space with furniture, connectivity, networking, office support and common facilities like meeting room, fax, copier etc.

Library Facility

Access to the Central Library which is enquipped with rich collection of books about 46000 volumes and 11000 Titles and 140 National and International Journals subscription..

Laboratory, Workshop, & Testing Facilities

Access to the institution library.The incubatees will have access to R&D laboratories, workshops and testing/characterization facilities available on campus.

Mentoring

Guru Nanak Jhira Entrepreneurship Research and Business Incubation Foundation (GNJERBIF) gives importance to mentorship and believes that sharing the knowledge from experience can ease challenges of an entrepreneur. The mentoring support is offered through a pool of mentors consisting of senior faculties, Industry people, Business Consultants who will enlighten the road for incubates. Business modelling, Business plan preparation, finance and legal support are all other branches of the Mentorship Program One of the objectives of Incubation is to utilize the technical expertise and lab infrastructure of GNDEC. Therefore, every company that is offered incubation at GJERBIF has to select one faculty member from the Institute who shall act as a mentor to the incubated company and guide the company on product development. The company has to offer minimum 1% of share equity to the mentor as a consideration of mentorship.

Industry Mentor:

GJERBIF has created a database of Industry mentors. Every company incubated at GJERBIF may select one Industry mentor within six months from the date of joining the centre. In case the incubatee opts for an industry mentor, the company has to offer a minimum 1% of equity to the mentor as a consideration of mentorship.

Funding

Guru Nanak Jhira Entrepreneurship Research and Business Incubation Foundation (GNJERBIF) may provide seed loan subject to the availability of funds/ grants/ schemes meant for this purpose. Seed loan will be sanctioned only to the registered companies and shall be based on the merits of each company. Further, the admission to GJERBIF shall not automatically entitle the companies to seed loan. A company desirous of getting seed loan may submit an application for seed fund after three months of incubation at GJERBIF. The seed loan will be sanctioned based on the eligibility criteria as decided by GJERBIF. It would also be subject to the terms stipulated as per the Seed funding Guidelines of GJERBIF.
• Cash support - up to 1 Lakh
• Grants Support Advisory from various funding services
• Venture/ Angle Network Support