Incubation
A programme by AIC Bamu Foundation
Incubation for registered ventures with an initial prototype or a product validated with early customers.
At a glance
| Best for | Registered ventures with a prototype or a market-validated product and early customers |
|---|---|
| Stage | Prototype – Early revenue |
About Incubation
Incubation is for start-up ventures that have a registered entity and have developed initial prototypes or validated their product or service in the market with some initial customers.
Who can apply
- Start-up ventures with a registered entity, with an initial prototype or market-validated product and some early customers
- Founders must incorporate a private or public limited company or an LLP under the Companies Act 2013
- The incorporation condition can be relaxed for six months if the venture signs and submits a Letter of Intent and incorporates within six months
How selection works: A Call for Application, held twice a year, followed by initial screening, submission of an application form and pitch deck, then a pitch before the Startups Selection Committee.
How to apply: Apply through the Call for Application. Ventures that have not yet incorporated can begin on a Letter of Intent and complete incorporation within the relaxation window.