CONSIDERATION

SGVU-BBI will charge the incubatees for infrastructure and services, seed loan and SGVU-BBI Intellectual Property. This payment would be in the form of service charges and equity share as per the following details.

Liability free (paid-up) Equity of 3% equity would be assigned to SGVU-BBI for providing incubation facility and infrastructure services in all cases.

The Equity held of the incubated companies shall be disposed by SGVU-BBI as per the approval given by the Institute based on the recommendations of the SGVU-BBI.