Call for Application for AMRUT-BHAU Incubation Program is Open now
Objectives of Amrut-Bhau Incubation Program
• To encourage graduating student to take to entrepreneurship by providing support as a fellowship from the targeted groups of economically weaker section beneficiaries of the open category. It includes all the castes that do not get the benefit of schemes through any separate government department/institution/corporation/ organization in the State of Maharashtra.
• To provide a prestigious forum for deserving and budding entrepreneurs to pursue their ventures without any additional risks involved in technology-based businesses.
• To create, nurture and strengthen a pipeline of entrepreneurs for incubators
• To make pursuing entrepreneurship related to a technology business idea more attractive among available career options.
• To enable creation of new start-ups by entrepreneurs and significant progress towards raising funding or investment.
Sector Focus Of BHAU INSTITUTE
Technologies
IOT AIML
Foodtech
Eligibilty Criteria
- The applicant should be domicile of Maharashtra
- The age of the applicant at the time the application should not be more than 45 years.
- The applicant should be graduated with minimum of 3 years of degree program.
- The applicant should economically weaker section beneficiaries of the open category. It includes all the castes that do not get the benefit of schemes through any separate government department/institution/corporation/ organization in the State of Maharashtra.
- The applicant should have his/her own idea of innovation which he/she has to convert into scalable technology business model in next one year
- The applicant should give his/her full time into his startup
- The applicant should not have any parallel income source.
- The applicant should attend every event at Amrut and Bhau Institute, also be there whenever any official from Amrut and Bhau Institute will ask to come.
Funding Mechanism
Support Fellowship Grant
The Amrut-Bhau Incubation program fellow will be eligible for grant of Rs. 25,000/- per month for a period of 12 months.
Hence total maximum support to be capped at Rs. 3,00,000 /- for a year for each selected fellow.
Duration: 12 months based on the milestone completion and achievement submission of monthly progress report
Fund Utilization
Support Fellowship Grant
The Amrut-Bhau Incubation program fellow will be eligible for grant of Rs. 25,000/- per month for a period of 12 months.
Hence total maximum support to be capped at Rs. 3,00,000 /- for a year for each selected fellow.
Duration: 12 months based on the milestone completion and achievement submission of monthly progress report
The Opportunities Under Amrut-Bhau Incubation Programme Includes
• Guidance from experienced, innovative and highly successful entrepreneurs on the business concept, strategy or venture and insight into specific industries or markets.
• End to end mentoring support from idea validation to business plan drafting.
• Best practices for starting a business and broaden the professional network.
• Office spaces for developing the idea into a marketable product.
• Guidance to apply for government grants of higher TRL, funding network and ecosystem network, and individuals who will support them in their initial startup journey.
Contact Us
info@mahaamrut.org.in | www.mahaamrut.org.in | 09780151450
For more details please reach us on
manager.bhau@coeptech.ac.in |
020 25507023