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(Revised: 1 February 2017)
The following price escalation policy is applicable to the following Venture Center services.
- Dedicated office space
- Dedicated lab space
- Lab workbench
- Hot desks
Price Escalation Policy
Resident incubatees of Venture Center will be charged:
- A 10% premium over prevailing prices/rates on all the services* after 18 months of incubation period in Venture Center and
- A 20% premium over prevailing prices/rates on all the services* after 30 months of incubation period in Venture Center
In cases where an individual entrepreneur joins as a resident incubatee, the price escalation will be applicable once the start-up is created.
Note that the above price premiums are independent of any pricing revisions that are made from time to time, and that are applicable to all clients.
Basis of pricing structure at Venture Center here.
* This includes any resident services (dedicated office / dedicated labs / hot desks) added any time during the period of stay.