Invitation to Startups
A programme by ASBM Business Incubator Centre
The centre's open call for individuals, teams and registered firms with a novel, commercially viable idea.
At a glance
| Best for | Individuals, teams and registered firms with a novel, commercially viable idea |
|---|---|
| Duration | One year (can be extended, without funding, on approval) |
| Format | In person |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | National Science & Technology Entrepreneurship Development Board (Department of Science & Technology), Central Tool Room & Training Centre (Ministry of MSME) |
About Invitation to Startups
The centre's standing call for startups. Applications are invited from enterprising individuals and teams, registered firms, and subsidiary or ancillary units of established firms.
What you get
- Furnished, semi-furnished or unfurnished space, with internet, electricity and water, on payment under institute rules
- Mentoring support and business training
- A seed or ignition fund, released in phases, for selected registered startups
- Help with a bank loan, as the page puts it
Who can apply
- Enterprising individuals or teams, inside or outside ASBM University (Form A)
- Registered firms, and subsidiary or ancillary units of established firms (Form B)
How selection works: each applicant presents a business plan to the selection committee. Selected entities are either funded or self-financed. Selected startups sign an agreement with the centre.
How to apply: fill in Form A or Form B. Send the hard copy by post and the soft copy to info@asbm.ac.in. The page gives no closing date.