Incubation

Virtual Incubation

A programme by MGU Innovation Foundation

An eleven-month virtual incubation that lets a startup register and run its company from the MGUIF address without being on campus.

At a glance

Best forFounders who want a registered address and incubation support without taking a desk on campus
StageIdea – Early revenue
Duration11 months
FormatOnline
CostPaid, no equity

About Virtual Incubation

MGUIF offers incubation in two modes, and this is the one that does not need you on site. A virtual incubatee is not physically present at the facility but can form a company using the address MGUIF provides, or move an existing business's registered place of business there. MGUIF's own framing is that it lets a founder start with minimal cost.

What you get

  • Use of the MGUIF address for company registration and official correspondence, for eleven months
  • Lounge access, parking and a receptionist, included
  • Conference and meeting room and the studio, available at extra cost
  • Access to MGUIF's high performance computer and spray dryer at subsidised rates
  • MGUIF's panel of mentors
  • A route into the Big Idea Fest and the Seed Funding scheme

Who can apply

  • Students, faculty or any outsider with an innovative idea and a strong business plan
  • Registered entities including proprietorships, partnership firms and other legally recognised bodies; you can also register your company after joining

How selection works: The MGUIF incubation department reviews the application and replies within forty-eight hours.

How to apply: Sign up on MGUIF's incubation portal with your email address, a password and a mobile number, log in using the one-time code sent to your registered email, and apply from the dashboard. Questions go to incubation.manager@mguif.com or the front desk on +91 481-2992684.

Where to apply

Other MGU Innovation Foundation programmes

Everything about MGU Innovation Foundation