MITAoE EDF Incubation Platform
A programme by MIT Academy of Engineering
Incubation for MITAoE students and external members who have completed pre-incubation.
At a glance
| Best for | MITAoE students and external members who have completed pre-incubation |
|---|---|
| Duration | 12 to 18 months |
About MITAoE EDF Incubation Platform
Incubation follows pre-incubation at MITAoE EDF. The centre provides incubation to MITAoE students and external members. It runs for 12 to 18 months in the co-working space, with mentors and the support services the centre lists.
What you get
- A dedicated co-working space with mentors on board
- Help with regulatory compliance, accounting and financial management, and intellectual property rights
- Introductions to angel investors, venture capital, bank loans and loan guarantee programmes
Who can apply
- MITAoE students and external members who have completed pre-incubation
How selection works: entry needs the approval of the CEO of MITAoE EDF.
Equity: the policy says the centre may negotiate a fixed equity stake of up to 2% in an incubated company, or a share of revenue. Terms are agreed case by case.
How to apply: apply or register after completing pre-incubation, with the approval of the CEO of MITAoE EDF.
Where to apply
Other MIT Academy of Engineering programmes
- MITAoE EDF Pre-incubation PlatformPre-incubation for students with an idea, business plan, prototype or project that could become a startup.
- MITAoE EDF Acceleration PlatformAcceleration for startups that have graduated from the incubation phase.
- E-Summit Bizz Model competitionA business-model pitch competition run by E-Cell at E-Summit 2022. Open to anyone with an idea.