Innovation Funding
Incubation Funding
Incubation Support
Incubation Support

To promote high growth new start-up ventures of young entrepreneurs, TREC-STEP provides a spectrum of Entrepreneurship Development supports covering, Business Training, Nursery incubation sheds for starting the ventures for a period of 3 to 4 years, Central Common Machining facilities, Systems and Networking support, catalogue library, funding schemes, etc. After 3 to 4 years of incubation support, the venture has to relocate to their own premises. These incubation support and facilities considerably reduce the initial investment commitments of the entrepreneurs thereby reducing the initial risk. The availability of on-line consultancy from a team of management professionals, to analyze various business propositions and to develop suitable business strategies, provides budding entrepreneurs greater impetus.

Incubatees of TREC-STEP are also now eligible for Service Tax Exemption for three years upto a maximum Rs.50 lakhs turnover as per the notification of Ministry of Finance, Government of India. As a tax exempt for Service Tax benefit, TREC-STEP is a major attraction for any start-up entrepreneur for starting his / her venture.