Directorate

Software Technology Parks of India (STPI), under Ministry of Electronics and Information Technology (MeitY), Government of India has established new  STPI centre at  Bhagalpur to cater the needs of IT/ITeS/ESDM Industry and also to boost the Innovation led entrepreneurship and IT exports from the State of Bihar.

The new STPI centre at Bhagalpur has been Inaugurated by Shri Ashwini Kumar  Choubey Hom’ble Minister of State for Ministry of Consumer Affairs, Food and Public Distribution; and Environment, Forest and Climate Change, in the august presence of Shri Santosh Kumar Suman, Hon’ble Minister for Department of Information Technology, Government of Bihar, Shri Ajay Kumar Mandal, Hon’ble MP, (Lok Sabha), Bhagalpur, Shri Arvind Kumar, Director General, STPI, Shri Devesh Tyagi, Sr. Director, STPI and Shri Surya Kumar Pattanayak, Director, STPI and other distinguish dignitaries. 

STPI Centre at Bhagalpur is another step forward by Government of India to facilitate and support the dynamic entrepreneurs of the State for their growth. State Government of Bihar has provided 2 acres of land at near Government Industrial Training Institute (ITI) for setting up STPI, Bhagalpur.

Benefits of STPI Bhagalpur:

• To promote the region as one of the preferred IT destinations and to attract IT/ITES/ESDM units to the State
• To promote the export of IT Software and Services from the region thus contributing to Gross National Exports.
• To provide Statutory Services under Software Technology Park (STP) & Electronic Hardware Technology Park (EHTP) Scheme.
• To provide state-of-the-art incubation facility, High Speed Data Communication (HSDC) and other value-added services. 
• To encourage Innovation, creation of IPR & Product Development
• Mentoring & Promotional support
• Offer a vibrant ecosystem for creating a maker culture among the young techno-entrepreneurs & Start-ups
• Stimulate to create direct and indirect employment opportunities

Centre of Entrepreneurship on FinTech is setup by STPI in collaboration with the Government of Gujarat. The best-in-class incubation facility of located at STPI-Gandhinagar, GIFT-City has 50 Plug-n-Play incubation seats for the FinGlobe CoE.

Objective
To encourage the Startups for creation of products and services to penetrate new areas of the financial system and to change the competitive landscape which in turn can motivate the traditional financial firms in this region to invest in technology and to pay attention to changing trends among their customers, a FinGlobe CoE at Gandhinagar is proposed. It will provide a platform for the FinTech & TechFin start-ups as well as potential investors to innovate new products and services with the latest trends and technologies in the financial services sector and can very well lead the next wave of growth of the Indian economy.

Who can Apply
The FinGlobe CoE invites the proposals/applications from Indian Start-ups/companies who are working in Financial Technologies who would like to use FinGlobe CoE Sandbox Bank Environment, Industry APIs & Payment Gateway.

The start-up must be incorporated as a:
• Private Limited Company (as defined in the Companies Act, 2013) or
• Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
• Limited Liability Partnership (under the Liability Partnership Act 2008)

Terms & Conditions:
• Selected start-ups shall share 5% equity with STPI. Visit: finglobe.stpi.in for more information.
• Each start-up have to book the time slot in advance
• The start-up who wish to avail FinGlobe CoE physical incubation space may approach STPI. The allocation, charges and T&C shall be as per applicable Incubation norms

Know more

Next Generation Incubation Scheme (NGIS) is STPI’s comprehensive incubation scheme which has a vision to drive the rise of India as a Software Product Nation so as to make India a global player in development, production and supply of Innovative, Efficient and Secure Software Products thus facilitating the growth across the entire spectrum of ICT sector as envisioned in the National Policy on Software Products (NPSP) – 2019.

NextGen Start-up Challenge Contest (CHUNAUTI - Challenge Hunt Under NGIS for Advanced Uninhibited Technology Intervention) is a series of online Challenges under NGIS.

STPI has been instrumental in strengthening the startup ecosystem through policies, initiatives, and creation of enabling networks. Currently, it's vital to boost the presence of women entrepreneurs in the tech industry. Their involvement not only spurs innovation but also enhances economic prosperity and fosters gender equality.

In line with our dedication to cultivating a diverse and inclusive startup ecosystem in India, STPI is introducing CHUNAUTI 7.0. This initiative aims to acknowledge and celebrate the impressive technical skills of women-led startups leading the charge in innovative technology solutions. These startups are tackling pressing challenges across sectors like Education, Healthcare & Wellness, Finance, SaaS, DeepTech, E-commerce, Agriculture, and Environment, etc. Through CHUNAUTI 7.0, STPI is looking to identify and support promising startups, especially those led by women, by providing access to networks, mentorship, learning opportunities, and essential resources. It aims to empower the startups to grow their ventures, achieve profitability, and make a global impact.

Know more