Home > Service offerings > Discounts
(Revised: 3 August 2012)
The following discounts are applicable to all of Venture Center's services.
Note that, unless specified otherwise in the terms of the service, only one of the following discount can be availed of.
Category | Discount (%) |
Start-ups with substantial# NCL related participation (know-how, staff, students, alumni) |
1) 30% *
2)100% Discount on NIP Brand Fee- for rent an address service. |
Start-ups with substantial# VC related participation (alumni) |
1) 30% *
2)100% Discount on NIP Brand Fee- for rent an address service. |
Startups based on technology from GoI funded scientific & academic institutes | 25% * |
Organizations registered as not-for-profit companies in India | 25% * |
Social Enterprises | 25% * |
Academic/ research institute | 25% * |
Incubatees of Venture Center's Lab2Mkt program/POC Projects ** |
1) 30% *
2)100% Discount on NIP Brand Fee- for rent an address service. |
Venture Center promoted companies |
1) 30% *
2)100% Discount on NIP Brand Fee- for address service. |
Events held at Venture Center that are co-sponsored by Venture Center | http://venturecenter.co.in/pdfs/Joint_Events_Policy.pdf |
Members of Venture Center Incubatee Partnership Scheme ( VIPS) | Additional 20% on infrastructural services http://venturecenter.co.in/vips.php |
Companies/entrepreneurs qualifying as BioEnterprise Fellows | Staged discounting BioEnterprise Fellowship |
Start Up India Lab Discount Program: Analytical Services for Resident Incubatees | 50% Fact sheet and Pricing |
Skill India Lab Discount Program: Analytical Services for students from Research/ Academic Organizations | 50% Fact sheet and Pricing |
#: At least 10% equity holding in the start-up. Start-ups need to submit audited share holding certificate to avail the discount.
*: Discounts can be availed on all applicable services except Address service.
**: The discount for POC projects will commence from the day of signing the share subscription agreement with Venture Center.
All discounts (listed in this page or in factsheets of services) applicable to NCL alumni and staff will also apply to VC alumni and staff (added on 30 Jan 2012).
To apply for any discount, please submit the relevant proof along with the application form. Venture Center's decision on the applicability of discounts (if any) shall be final.
Residents | For residents of Dedicated Lab space | For residents of Dedicated, full service office space | For residents of Hot Desking service |
VC Services |
Meeting Room | 20% | 15% | 10% |
Board Room | 20% | 15% | 10% |
Training Room | 20% | 15% | 10% |
E-class Room | 20% | 15% | 10% |
NIP Brand Fee on Address Service | 60% | 40% | 30% |
Hot Desks | 20% | 15% | |
Dedicated, full service office space | 20% | | |
Workbench services | 20% | | |
Hot Labs/ Protoshop/ Analytical Services | 20% | | |
Note: Only one discount may be availed at a time.