India, July 17 -- The Delhi Cabinet has approved the Delhi Start-up and Incubation policy, a Rs.400-crore plan to establish incubation centres across state-run higher education institutions and provide financial support to start-ups over the next five years, according to an official statement released on Thursday.

The policy, cleared by the cabinet on Tuesday, aims to set up incubation centres in 11 state universities, 13 government-aided colleges, polytechnic institutions, Industrial Training Institutes (ITIs) and government schools in its first phase.

The centres will provide infrastructure, mentoring, business advisory services, intellectual property support, access to laboratories and testing facilities and opportunities to connect ...