JIC envisions fostering an entrepreneur-friendly culture around academics & research by mentoring the Incubated start-ups and evaluating them frequently.
Any student or a group of students who have innovative ideas that are future potential businesses can apply for Incubation through forms mention below.
JECRC INCUBATION CENTER LINK:-https://forms.gle/iCPXo5VCKJcsBusg9
JIC Conduct External Diagnostic Panels where students can pitch for their start-ups in front of Jury Penal Consisting of Investors and Entrepreneurs. If a start-up is shortlisted, it will receive 50000 /- INR as a seed support.
Yes, there are ample of opportunities available for students to get financial aid to develop his/her start-up.
No, JIC doesn’t charge any fees for its incubation programs from the students of JECRC Foundation.
Start-ups that are on Prototype or Revenue Generation Stage or Ideation Stage are incubated.
Whether you are at a pre-idea / idea stage or have a prototype this is an excellent opportunity to build a fully functional start-up and avail all the facilities like mentoring, access to network, co-working space and funding provided by JIC.
Yes, student’s ideas will be shared with only JIC Team Members, so that they can validate it and suggest further action plans. Also, JECRC Foundation has a dedicated policy to support students to patent their ideas..
Key feature of policy is:
1. Availability of seed fund for students to do pilot programs for customer validations
2. Setting up of world-class incubation centre and co-working space
3. Access to mentor network, investors network and industries network
4. Special provisions like scholarships and seed money for women entrepreneurs
Currently we have 8 incubated Start-ups and 50+ Alumni Start-Ups.
Entrepreneurship Cell, is a non-profit student run organization dedicated to promoting the spirit of entrepreneurship among campus students.
Incubation Centre assist entrepreneurs in starting their business. This especially becomes helpful for the initial stage of the Start-up. It becomes the responsibility of the incubation center to give advice, facilitate, help the Start-up with the initial funds , assist them with networking, provide them a space to work, offer mentorship, lab facilities, and act as advisory support. For any Start-up, an incubator can become an essential part of their ecosystem.
JIC has been initiating tremendous efforts to strengthen India's entrepreneurial ecosystem by facilitating most important attributes of Start-up success as mentoring, consulting, training, knowledge inputs and investor connect with highly experienced & skilled mentors, trainers, experts, consultants, leading banks, financial institutes, investor communities and service providers from the industry from various functional areas, domains & geographies.
⦁ Infra & facility management service.
⦁ Mentoring and Training.
⦁ Knowledge Sharing.
⦁ Investment Communities.
⦁ Legal and Regulatory Compliance.
In Incubation Centre Faculty Core team constantly mentors and supports the emerging start-ups with the initial funds, assist them with networking, provide them a space to work, offer mentorship, lab facilities.
The biggest difference between these two company types is in their top objectives. Businesses are driven by profitability and stable long-term value, while Start-ups are focused on top-end revenue and growth potential. Business does not make any claims as to uniqueness. Innovations are the most important things for a Start-up. Start-ups are meant to create something new and to improve what already exists.
No JIC does not help in the operation. But it helps in guiding and providing the network who can help them in operation.