About

This is a 9 month long intensive incubation program designed to help entrepreneurs materialize their ideas into successful ventures. This is for individuals and groups of individuals, who are at the prototype & scaling stage and want to develop or validate the product. This program will provide training to work on ideas, Business plan development, business mentoring, product development support, technical support, and access to networking events and funding networks.

ELIGIBILITY
Entrepreneurs and individuals or groups of individuals, who want to work on innovative products, services, and processes.
SELECTION PROCESS
  • All the applications will be evaluated by the AIC evaluation committee.
  • Evaluation committee may call applicants for in-person discussion.
  • Evaluation committee will submit their recommendation to Director, AIC for approval.
  • Those selected for the incubation program will need to register with AIC-JKLU, by signing a MoU for the program.

OFFERINGS

  • Access to mentors through mentor matching program. Weekly check-ins with the in-house mentor.
  • AWS credits worth $500 for each registered idea.
  • Access to JKLU research and development office.
  • Access to Govt schemes and funds through AIM NITI Aayog network.
  • Access to fully equipped co-working space.
  • Exclusive mentor hours with visiting guests and experts.
  • Industry-specific round tables on need basis for peer to peer learning.
  • Access to world-class content for venture development and Business planning.
  • Auxiliary service support such as Legal, accounting, etc.
  • You’re a full-time team of two entrepreneurs with complementary skillsets.
  • You have a clear vision for your company and a basic understanding of the industry you work in.
Tenure in Incubation Centre
  • A startup will be called incubate for 9 months, post that if not extended, they will have called as alumni of the AIC-JKLU incubation program.
  • A nominal monthly service charge will be levied to a company for the period of the first 9 months. Post 9 months’ utilization charge of 3,000/- + tax will be charged per person.
  • JKLU-AIC may, at its discretion, permit companies to extend their stay for a maximum period of another 3months