Income tax on stipend received as part of an incubator

When a stipend is paid to cover housing and food costs for a full time startup incubator, do you need to pay income tax on this?

Hi,
A stipend is considered taxable income in the UK, but only the proportion of your stipend used for living costs is subject to tax, however, stipends are exempted from income tax under Section 10 (16) of the Income Tax Act if they are given to meet education expenses.
Thank you.