AISECT Atal Incubation Center: Fostering Innovation for Startups

ATAL INCUBATION
CENTER

About

Atal Innovation Mission is an ambitious flagship program of NITI Aayog. Under its aegis, AIC-RNTU (Atal Incubation Centre, Rabindranath Tagore University) supported by ATAL Innovation Mission, NITI Aayog, with a vision to encourage and promote the culture of entrepreneurship in India.

AIC-RNTU Foundation is one of the leading Incubators in Central India, which has been working to support the Start-ups across all the functions viz. mentoring, funding, handholding, industry connect, workshops, investor connects, events, competitions, new age labs & dedicated office space etc..

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Funding

AIC-RNTU is in a quest to support startups with all the resources they might need to scale their vision. On the same lines, AIC-RNTU provides funding to eligible startups through the following channels –

Seed Funding: Startups are provided financial assistance in the form of seed funding for proof of concept, prototype development, product trials, market-entry, and commercialization. Eligible startups can receive funding upto INR 50 Lacs from AIC-RNTU under Startup India Seed Fund Scheme and upto INR 1 Crore from NIDHI-Seed Support Program. Apart from this, AIC-RNTU also provides seed fund through various partners.

VC/Angel Investment: AIC-RNTU Foundation provides opportunities to startups to connect with Venture Capitalists and Angel Investors to raise rounds of investment to scale their startups. For this purpose, various demo days and networking events are organized.

CSR Funding: AIC-RNTU Foundation provides opportunities to startups to connect with Venture Capitalists and Angel Investors to raise rounds of investment to scale their startups. For this purpose, various demo days and networking events are organized.

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Mentorship and Trainings

AIC-RNTU provides a pool of experts who mentor startups and guide them with their experience. These mentors include successful founders and experts across business domains. We also organize both, domain-specific and general training sessions to enhance the knowledge of the incubatees.

Co-Working Space

A comfortable and dedicated working space is said to have a visible impact on the performance of the workers. At AIC-RNTU, we give splashy office space to the startups for their exclusive use.

Access To Labs

AIC-RNTU houses several labs which are important for startup units. Some of them are FAB lab, Rapid Prototyping lab, IoT lab, renewable energy lab etc.

Legal & Accounting Support

Sound legal and accounting advice plays an important role in the smooth running of the business. AIC-RNTU provides the incubatees with the necessary legal & accounting support for their seamless development including support for company registration, IPR filing etc.

HR/Intern Support

As the business flourishes, so it demands more workforce. Thus, we provide the necessary Intern /HR support to fulfill the requirements of human resources.

Access To Network & Events

It is imperative to build healthy relationships with the like-minded people in order to learn and refine your perspective. We provide opportunities for the startups to network with the top minds of their industry and get the knack of the real-time business operations from their experiences.

Our Partnerships

To support founders’ enterprises, AIC-RNTU has partnered with numerous organisations, including Amazon Web Services (AWS), Google Cloud, Hubspot, IBM, Zoho, Youstory, and more. Additionally, AIC-RNTU has a number of academic partners via which student entrepreneurs, who are based out of remote or rural places, can contact with us for further enterprise development.

Our ecosystem partners, which also include NITI Aayog, Headstart, Confederation of Indian Industries (CII), TiE, YI, NASSCOM Foundation, and others, allow us to offer these entrepreneurs and startups access to a vast support network. Additionally, we have eminent investment partners who enable us to offer the potential entrepreneurs the crucial financial support. 100x.vc, Unicorn India Ventures, Unitus Capital, India Angels, Venture Catalyst, and other companies are some of these partners.

Atal Incubation Center at AISECT

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