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, KEIC for approval
• Those selected for the incubation program will need to register with KEIC, 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 KRMU 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.

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 KEIC 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 3 months

Eligibility

It is open to all full-time students at business schools, engineering, and graduate colleges, including college students from all disciplines, across India and all start-ups.

Opportunities

• Yes, the top three in each category will receive cash prizes. Opportunities for further development of the winning solutions will be 1% of sales for their product. All participating students and start-ups will receive certificates.