Startup incubation at MANIT Rolta Incubation Centre

The Foundation's main offer. It takes startups in rounds rather than continuously: each round is announced on the centre's page with its own closing date, and dates are often extended. Selections are published separately for MANIT students, faculty and staff and for applicants from outside MANIT.

What you get

• Space at the centre, furnished, semi-furnished or unfurnished, sized to what your entity needs and offered at a subsidised rate
• Internet, electricity and water
• Access to MANIT's laboratories and workshops, its library and its high-performance data centre
• Mentoring and technical know-how from MANIT faculty
• MANIT graduates available to you as interns
• Liaison with a company secretary to incorporate your company, and with agencies to file patents
• Networking with venture capital firms and angel investors, and interaction with industry experts and entrepreneurs
• Grant support and help with patent, copyright and firm-registration costs, for currently enrolled MANIT students only

Who can apply

• Students, student teams, faculty and staff of MANIT Bhopal
• From outside MANIT: any individual, team, entity or registered firm
• The idea has to be novel and commercially viable; you do not need to be incorporated to apply

How selection works: You submit a business plan in the format the Foundation prescribes and present it to a Selection Committee. Selected startups sign an agreement with the Foundation and submit the documents asked for. Incubation runs for one year and can be extended up to three years on performance, with the extension granted without funding.

How to apply: Wait for a round to open on the centre's page, download the application form linked from that round's notice, and send a hard copy to the Rolta Incubation Centre at MANIT Bhopal plus a soft copy by email to the address printed on the notice, before the closing date.