NIT Bhopal | Invitation for Startups, Apply by 10th February 2024!
Overview:
Rolta Incubation Center, NIT Bhopal is inviting applications for Startups. Interested ones can apply.
Objectives:
Applications are invited from aspiring students having novel and commercially viable ideas to establish their idea/project/unit in the Rolta Incubation Center of the Institute. Funding support of Rs 50,000/- will be provided to the selected projects based on the potentiality of the business plan.
Eligibility:
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Individual student/student team of MANIT
Facilities Available:
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Furnished/ Semi-furnished/ Unfurnished space as per the requirement of the entity
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Internet, electricity, and water facility
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Laboratory and workshop facilities, if available
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Library facility
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Mentoring support
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Networking
Funding and Duration:
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Seed fund of INR 50,000/-
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Other selected startups may be accommodated as self-financed entities
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Duration: One year (can be extended for another year, without funding, on approval)
Expected Deliverables:
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Working prototypes/ products/ models/ services
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Patents and copyrights
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Firm registration
Procedure:
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Each applicant/team has to submit the Business Plan at the Rolta Incubation Centre in the prescribed format and give a presentation of the Business Plan in front of the Selection Committee.
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Each selected startup has to sign an agreement with the MANIT Rolta Incubation Center and submit the required documents in case of selection.
How to Apply:
Apply in the suggested format available on the Institute Website and send the hard copy to the Rolta Incubation Centre, as well as a soft copy to manitrolta@gmail.com by 10th Feb 2024.