HP Incubation Centre

Nature of projects supported

Projects that propose a process / product innovation with significant potential impact or commercial potential.
Projects with clear technology objectives.
Projects focused on establishing or validating proof-of-concept for a technology idea.
Projects aimed at technology de-risking i.e., reducing uncertainties in the technology.
Projects focused on generating and providing the scientific data needed to demonstrate an idea to potential licensors/ investors, etc.

Nature of projects NOT supported

Basic / exploratory research projects that aim to demonstrate scientific principles, techniques, etc. without technology commercialization objectives.
Projects with no plan to convert ideas into saleable (implementable) technology / products / services.
Projects with no element of novelty.
Projects with serious ethical and EHS risks deemed unfeasible by experts.
Funding under this scheme cannot be used to support PhD student research or any other academic research. This grant is not a research fellowship.

Focus Areas
Indicative technology ideas related to energy, specifically in the areas of petroleum refining, marketing and alternate energy:

	Light weight LPG cylinders for improved safety standards. Inbuilt leak detection device for LPG cylinders. Low cost fuel quality monitoring and onsite detection device/s. Development of device for cracks / leak detection in pipelines. Replacing the heat source in refineries by renewables. Low cost on-site lube condition monitoring techniques. Low cost synthetic Lube base stocks Polyalpha Olefins (PAOs) / Esters and friction modifiers. Business process / re-engineering including software / IT related and logistics related development. Other open areas related to petroleum refining, marketing and alternate energy.