How Does LPU have any incubators or seed funding programs for student startups?

How Does LPU have any incubators or seed funding programs for student startups? ?

Jyoti gohri , 24 Apr 2025

3 Answers

hey reader, Yes, Lovely Professional University (LPU) actively supports student entrepreneurship through various incubators and seed funding programs. The university's Division of Innovation & Entrepreneurship organizes initiatives like the Accelerated Incubation Programme, which provides structured mentorship, access to a global network of investors, and seed funding opportunities. LPU offers seed grants ranging from ?2 to ?5 lakhs per project to promote student-led startups and entrepreneurial ventures. Additionally, the university provides smaller grants for innovation and research activities, such as ?10,000 for innovation/research activities and ?20,000 for MBA and B.Tech. (Hons.) students for specific projects .? LPU's commitment to fostering entrepreneurship is evident in the success of its students. For instance, Kraizel Industries, founded by B.Tech CSE student Tanishq Upmanu, secured ?1.2 crore in funding from the M3M Foundation. Another student, Rounak Adhikary, obtained ?1.7 crore in Google Cloud credits for his startup, ProjectX, and is in the process of securing additional seed funding of approximately $3 million (around ?24 crore) . These examples highlight LPU's robust support system, which includes mentorship, funding, and networking opportunities, enabling students to transform innovative ideas into successful ventures

Greetings, Lovely Professional University (LPU) has established a robust ecosystem to support student startups through its incubators and seed funding programs. The university operates multiple incubation facilities, including the NIDHI TBI, MSME HI, and LPU Incubator, which provide resources, mentorship, and collaborative workspaces for budding entrepreneurs. These incubators are designed to nurture innovative ideas and help students transition from concept to execution. LPU also offers pre-incubation facilities that focus on validating business ideas and preparing them for the incubation stage. Through these initiatives, students gain access to ideation labs, structured mentoring, and networking opportunities with industry leaders and angel investors. In addition to incubation support, LPU provides seed funding to encourage entrepreneurial ventures among students. The university offers initial funding ranging from INR 2 to 5 lakhs for early-stage startups, with additional funding opportunities of up to INR 1 crore through its Accelerated Incubation Program. This program connects students with over 1,000 international investors and provides access to advanced resources and guidance. By integrating financial support with mentorship and industry exposure, LPU ensures that its students have the tools and opportunities to succeed in the competitive startup landscape. These efforts reflect LPU's commitment to fostering innovation and empowering the next generation of entrepreneurs. Best regards.

hi Yes, Lovely Professional University (LPU) actively promotes entrepreneurship through specialized incubators and funding programs aimed at assisting student-led startups. The university's Startup School and Innovation Studio offer extensive support, including mentorship, collaborative work environments, and facilities for prototype creation. These efforts are designed to cultivate innovative ideas and convert them into feasible business opportunities. LPU's Technology Business Incubator (TBI) further enriches this ecosystem by providing resources and direction to emerging entrepreneurs. In terms of financial backing, LPU offers seed funding options to empower student startups. The university supplies initial funding anywhere from INR 2 to 5 lakhs to encourage entrepreneurial projects. Additionally, LPU has initiated scholarship programs based on innovation, startup success, and entrepreneurship, granting up to 100% tuition fee waivers for students who demonstrate significant accomplishments in these fields. These financial supports are enhanced by mentorship and infrastructural assistance, fostering a supportive environment for students to chase their entrepreneurial goals.