Incubation at AIC-MIT ADT
A programme by AIC MIT ADT Incubator Forum
Mentoring, co-working space and prototyping support for startups admitted after a jury day, in return for a small equity stake.
At a glance
| Best for | Startups in science, engineering, arts, agri-tech, technology and social innovation |
|---|---|
| Cost | Takes equity |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Incubation at AIC-MIT ADT
AIC-MIT ADT's incubation programme admits startups through an application form and a jury day. The incubator's policy says any startup can apply.
What you get
- Mentoring and advisory sessions, free of cost, for up to 10 hours a month
- Co-working space, meeting room, board room, training room, pantry and internet
- Design, proof-of-concept, prototyping and testing facilities
- Grant-in-aid for building a proof of concept or prototype
- Institutional membership of the incubator's library lounge
Who can apply
- Any startup can apply, according to the incubator's policy
- The incubator backs innovative technologies across science, engineering, arts, agri-tech and technology, and social innovation such as health and education
What it costs: In return for the facilities it provides, the incubator has the right to take a 2% equity stake in the incubatee. The pages we could read state no programme fee.
How selection works: Applicants present their application on a jury day. The jury selects who becomes an incubatee.
How to apply: Submit the application form through the Apply Now option on the incubator's website. No intake dates are published on the pages we could read, so check the website or contact the incubator for the current status.