CPU – Pioneer Incubator – Career Point University, Hamirpur

CPUEST for B.Tech

Incubation Policy

Introduction

The Pioneer Incubator was established in the university on 27th September 2019. In collaboration with the Department of Industry Govt of Himachal Pradesh under the Chief Minister’s Start-up /Innovation Projects /New Industries Scheme. A Memorandum of Understanding (MoU) was signed between the Department of Industry and Career Point University Hamirpur. The funds to the tune of rupees 80,00000 (Eighty lakhs). were provisioned to give support for entrepreneurial and managerial development of Small and Medium Enterprises(SMEs) To undertake and promote entrepreneurial activities in the region.

Vision

To serve as a Pioneer incubator to nurture and guide entrepreneurial initiatives with social and/or economic objectives.

Mission Statement

Our mission is to foster innovation and incubation aligned with industry needs, while strengthening start-up ecosystems at institutional, local, and regional levels. We empower communities through capacity-building in social entrepreneurship, revitalize indigenous knowledge and skills, and drive social transformation using technology and sustainable processes.

Key Achievements

Startups Incubated: 50+

Job Creation & Employment: 60+

Sector Classification

Technology

Healthcare

Education

Retail &e-commerce

Manufacturing

Objectives

Support Start-up Ecosystems

Build Community Capacity

Commercialization of Research

Promote Outreach & Awareness

Enable Social Transformation

Revitalize Indigenous Knowledge

Networking and Collaboration

Incubation Policy

The Incubation Cell is open to all residents of India with innovative ideas or early-stage startups that show potential for scalability and positive impact.

Application Process

Prospective members must submit a business plan or project proposal detailing the idea, market potential, and team capabilities. A selection committee will review applications, and shortlisted candidates will be invited for an interview.

Services Offered

Monitoring and Evaluation

Startups are monitored against key milestones, receiving regular feedback to support growth and improvement.

Exit Policy

Startups that achieve financial stability and scaling milestones will graduate from the Incubation Cell. Graduated members are encouraged to support the cell through mentorship or other forms of assistance.

Confidentiality

The Incubation Cell ensures the confidentiality of members’ ideas and business plans, which will not be disclosed to third parties without prior consent.

Basic Activities of the Incubation Cell

Contact Information

CONTACT FOR FURTHER QUERIES