AIC-NMIMS Incubation Centre is the trademark and brand name of the Atal Incubation Centre established at NMIMS (Deemed-to-be-University). It is one among the several Atal Incubation Centres that is being established in the country and funded by Atal Innovation Mission set up be NITI Aayog. AIC-NMIMS Incubation Centre is registered as a not-for-profit Section 8 Company (erstwhile Section 25 Company under the Companies Act, 1956) and will be guided by well-qualified and competent Board of Directors.
AIC-NMIMS is located at the Mumbai campus of state-of-the-art NMIMS School of Business and will have access to Institutes’ wifi-enabled infrastructure like classrooms with LCD projectors, technical labs, seminar halls, conference rooms, board rooms, computer labs, library, cafeteria, vehicle parking and other facilities.AIC-NMIMS Incubation Centre is the trademark and brand name of the Atal Incubation Centre established at NMIMS (Deemed-to-be-University). It is one among the several Atal Incubation Centres that is being established in the country and funded by Atal Innovation Mission set up be NITI Aayog. AIC-NMIMS Incubation Centre is registered as a not-for-profit Section 8 Company (erstwhile Section 25 Company under the Companies Act, 1956) and will be guided by well-qualified and competent Board of Directors. AIC-NMIMS is located at the Mumbai campus of state-of-the-art NMIMS School of Business and will have access to Institutes’ wifi-enabled infrastructure like classrooms with LCD projectors, technical labs, seminar halls, conference rooms, board rooms, computer labs, library, cafeteria, vehicle parking and other facilities.
Entrepreneurs and Start-ups interested in applying for incubation at AIC-NMIMS Incubation Centre will be considered under following criteria:
1. Entrepreneurs/Start-ups may be an individual or group of individuals working towards development of innovative products/ processes/ services and must have a scalable business model with a high potential of employment generation or wealth creation.
2. Entrepreneurs/Start-ups may be registered under either form of business entity as follows:
Private Limited Company (under The Companies Act, 2013); or
Sole proprietorship Company; or
One Person Company; or
A Registered Partnership Firm (under The Indian Partnership Act, 1932); or
A Limited Liability Partnership (under The Limited Liability Partnership Act, 2008); or
A “Commercial Establishment” in any other form allowed by Government of India laws or as notified in the Official Gazette.
3. Entrepreneurs/Start-ups with no legal registration may be considered for incubation provided the application is submitted in the names of all promoters/founders. Also the promoters/founders must ensure that the Start-up is registered under either form of business entity listed in point 2, within a period of One Year from the start date of incubation at AIC-NMIMS Incubation Centre.Entrepreneurs and Start-ups interested in applying for incubation at AIC-NMIMS Incubation Centre will be considered under following criteria: 1. Entrepreneurs/Start-ups may be an individual or group of individuals working towards development of innovative products/ processes/ services and must have a scalable business model with a high potential of employment generation or wealth creation. 2. Entrepreneurs/Start-ups may be registered under either form of business entity as follows: Private Limited Company (under The Companies Act, 2013); or Sole proprietorship Company; or One Person Company; or A Registered Partnership Firm (under The Indian Partnership Act, 1932); or A Limited Liability Partnership (under The Limited Liability Partnership Act, 2008); or A “Commercial Establishment” in any other form allowed by Government of India laws or as notified in the Official Gazette. 3. Entrepreneurs/Start-ups with no legal registration may be considered for incubation provided the application is submitted in the names of all promoters/founders. Also the promoters/founders must ensure that the Start-up is registered under either form of business entity listed in point 2, within a period of One Year from the start date of incubation at AIC-NMIMS Incubation Centre.
Awards:-
Entrepreneur/Start-up can submit an application through the online portal. The selection process will be performed in 3 stages as described:
1. Online submission and Screening
2. Boot Camp and Business Pitch Presentation
3. Selection and Incubation OfferEntrepreneur/Start-up can submit an application through the online portal. The selection process will be performed in 3 stages as described: 1. Online submission and Screening 2. Boot Camp and Business Pitch Presentation 3. Selection and Incubation Offer.
Deadline:- 31-08-2021
