Tuesday, March 28, 2023

AIC-Pinnacle Entrepreneurship Forum Aims To Incubate 25 New Startups In FY24


* AIC-Pinnacle Facilitated INR 15 Million Funds Disbursement To Its Startups Under Multiple Schemes And Grants In FY 23 

* The center has incubated 60+ startups and has opened applications to invite more startups and entrepreneurs to its incubation program 

India’s leading incubation and investment platform, AIC (Atal Incubation Centre)-Pinnacle Entrepreneurship Forum, supported by Atal Innovation Mission, NITI Aayog, Ministry of MSME, and Ministry of Electronics and IT, Govt of India, has 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 1.5cr 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, Dr. Sudhir Mehta, Founder, AIC-Pinnacle Entrepreneurship Forum, and Chairman of Pinnacle Industries & 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 catalyzers of unparalleled development. We are dedicated to supporting the growth and success of startups, and our program provides access to valuable resources and expertise that can help turn innovative ideas into successful businesses. 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. To apply for the incubation program, interested candidates can visit the AIC Pinnacle website www.aic-pinnacle.org, or write to manager@aic-pinnacle.org / contact@aic-pinnacle.org, or they can fill out the application form: https://docs.google.com/forms/d/e/1FAIpQLSdIyps2BubYP197XUAzuk9hW1J7GedtRPWvpzsuG4boGHVymg/viewform 

AIC-Pinnacle Entrepreneurship Forum is a part of Pinnacle Industries Limited, a diversified group of companies in auto components, electric vehicles, retail store solutions, and financial and engineering services. With a highly experienced advisory board including 100+ veteran mentors, a 5000+ entrepreneur network, 15+ corporate partners, and a 500+ investor network, AIC-Pinnacle is one of the leading industry-backed incubators. Its mentor pool comprises the country’s veteran industry experts that bring decades of knowledge and experience to nurture and prepare startups in a focused and practical manner with a real market environment and support. Krishigati, Arcatron, Ziffytech, Dynateq, Fountlab, Agrosonic, CargoFL, and Attron Automotive, to name a few AIC-Pinnacle incubated startups, are making a national impact by solving ground-level issues with innovative technologies.  

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