AIC-Pinnacle To Incubate 25 Early-stage Startups In FY24

Under various schemes, Atal Incubation Centre-Pinnacle Entrepreneurship Forum offers grants, scale-up funds, seed support, mentoring, maker and office space, legal and IP support, investor network support and more

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An incubation and investment platform, AIC (Atal Incubation Centre)-Pinnacle Entrepreneurship Forum on Tuesday announced a call for applications for its incubation program. 

The program is designed to support early-stage startups, entrepreneurs, and innovators in achieving their startup goals. AIC-Pinnacle’s incubation program is an initiative to foster innovation and entrepreneurial spirit while creating a supportive ecosystem for start-ups and entrepreneurs in India. AIC Pinnacle has incubated more than 60 startups in both pre-and incubation stages. Also, in FY23, AIC-Pinnacle disbursed Rs 1.5 crore under various schemes.

The incubation program will provide participants with various benefits, including access to mentorship, resources, networking opportunities, and funding. Participants will work alongside experienced mentors and industry experts, who will provide guidance and support in various aspects of their startups, including marketing, product development, fundraising, etc. 

The incubation program is open to startups, entrepreneurs, and innovators working in various sectors, including technology, healthcare, finance, and more. Participants must have a scalable and innovative business idea, a passion for entrepreneurship, and a commitment to making a positive impact.

Speaking on the same, Sudhir Mehta, Founder, AIC-Pinnacle Entrepreneurship Forum, and Chairman of Pinnacle Industries and EKA, said, "We are excited to invite entrepreneurs and innovators to join our incubation program. At AIC -Pinnacle we strongly believe that social entrepreneurship and innovation together are the ideal catalysers of unparalleled development. Our industry-leading and efficient team will be helping the early-stage startups with a range of services and support, including prototype development, product trials, outreach activities, legal compliance, IP support, market-entry, commercialization, scaling up, and much more."

Under various schemes, AIC-Pinnacle offers grants, entrepreneur-in-residence support, scale-up funds, seed support, mentoring, maker & office space, legal & IP support, investor network support, etc.

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