Entrepreneur/Start-up can submit an application through the online portal. The selection process will be performed in 3 stages as described:
1. Online submission and Screening
2. Boot Camp and Business Pitch Presentation
3. Selection and Incubation Offer
stage I: Online submission and Screening
Applicant submits an online application by providing basic information and responding to a set of questions that will gauge the entrepreneurial awareness and capacity of the Entrepreneur/Start-up to convert the business proposal to a product or service that is market ready.
AIC-NMIMS Team will screen the applications based on eligibility and Internal Selection Team will shortlist candidates for Boot Camp event.
Stage II: Boot Camp and Business Pitch Presentation
Shortlisted candidates will be invited to participate in a one-day Boot Camp to help entrepreneurs understand the different elements of creating a fundable Business Plan.
This will be followed by a Business Pitch Presentation the next day before a Selection Panel including experts from Industry, Investors and AIC-NMIMS Management Team.
Stage III: Selection and Incubation Offer
Based on the Business Pitch presentations the Selection Panel will finalize the list of applicants to whom Incubation will be offered.
Finalists will be invited to discuss the terms of Incubation Agreement. Incubation will commence after execution of Incubation Agreement.