NIT Bhopal | Inviting you to bring your startup ideas to life, Apply by 10th August 2023.

NIT Bhopal | Inviting you to bring your startup ideas to life, Apply by 10th August 2023.

Overview:

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:

Individual student/student team of MANIT

 

Facilities Available:

  • Furnished/Semi-furnished/Unfurnished space as per the requirement of the entity
  • Internet, electricity, and water facility
  • Laboratory and workshop facilities, if available
  • Library facility
  • Mentoring support
  • Networking

 

Funding and duration:

  • Seed fund of INR 50,000/-
  • Otherselected startups may be accommodated as self-financed entities
  • Duration: One year (can be extended for another year, without funding, on approval)

 

Expected Deliverables:

  • Working prototypes/products/models/services
  • Patents and copyrights
  • Firm Registration

 

Procedure:

  • Each applicant/team has to submit the Business Plan at Rolta Incubation Centre in the prescribed format and present the Business Plan in front of the Selection Committee.
  • 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 hardcopy to the Rolta Incubation Centre, as well as the soft copy to manitrolta@gmail.com latest by 10th Aug 2023.

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