Brihanmumbai Municipal Corporation's (BMC) incubation centre policy for startups has received state government's approval.
The infrastructure for the incubation centre has already been created at around 4000 sq metre area in Andheri.
The CEO of the incubation centre is expected to be offered around Rs 20 lakh annual package.
According to official, the incubation centre will have space for 12 startups who can work at a time.
It is believed that idea of incubation centre was envisaged by Yuva Sena chief Aaditya Thackeray.
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