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I-Hub
I-Hub (Innovation Hub) is an innovation intermediary and business incubator based in Ahmedabad, India. i-Hub was established under the Student Startup Innovation Policy (SSIP) by the Gujarat government's education department to encourage partnerships between prospective investable businesses and the India Accelerator. i-Hub Gujarat has successfully incubated 840+ Startups, and the Education Department, Government of Gujarat has extended the Student Startup and Innovation Policy (SSIP 2.0) & allocated a corpus of ₹500 Crores to support early-stage student innovators and startups to develop their prototypes and venture into creative projects. The complex was built under the Student Startup and Innovation Policy (SSIP 2.0) in 1.5 million square feet of space for startups and corporate space. Up to 500 start-ups can be housed at once in this Rs 98-crore project, which provides amenities to strengthen Gujarat's startup ecosystem. It is a five-story building that provides co-worki ...
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Non-Profit Governmental Organization
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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