FACILITIES

FACILITIES OFFERED BY THE INCUBATION CENTRE



Information resources

Detailed information regarding the market and industry reports as well as the tacit knowledge in opportunity identification, project formulation, technology adaptation, troubleshooting etc. made available for students.


Incubation support

The centre will provide expert advice to the start-up team for business plan preparation and other start-up activities. The Centre will also provide support for facilitating meetings with VCs, Angel funding agencies, registration of the unit, and for liaison with Financial Institutions and Technology providers.


Mentoring support

Centre will provide mentoring support to the start up team on various topics related to new business venture creation. The experts who will constitute the mentors for the team during the incubation period may be drawn from the Institute faculty or other employees, and other successful individuals from industry and academia.


Business Development support

A Team of experienced consultant's dawn from faculty, alumni and experts in the industry. will endeavor to provide assistance in (a)Strategic planning (b) Market research (c) Marketing strategy (d) Intellectual property, patents, legal and taxation issues (e) Identification of potential partnerships and alliances(d) Competitive strategy.


Financial support

Center will not provide any direct financial assistance to the incubating units. However the center may channelize funds provided by various governmental bodies , Venture capitalist, Angel Investors.


Infrastructure and Office Support

During the planning and inception stage of the business, the center will provide (a) Furnished office (b) Computing and communication facilities (c) Office assistance and facilities such as photocopy stationery etc.



SUBSCRIPTION



AIC is providing multiple subscription models to its members, to make it convenient to all aspirants to utilize the facility. The subscription details are listed below.

  • Resident Startups: These Startups will host their office and work in the incubation centre.
    They will be charged with minimum rate and on a monthly basis.
  • Virtual Startups: The startups who would like to utilize the facilities and guidance from AIC will also be provided with an opportunity.
    However, they will be charged on hourly basis with a minimum of 8 hours.
  • Student Startups: The Students community is our prime focus area as our mission is to nurture the entrepreneur in them.
    In order to encourage them, they will be charged with a minimal fee.
  • Guests: The Start-ups / other visitors who would like to utilize the facility for their IPR development process will also be given an option.
    However, they will be charged a little higher than others.