AIC-MIT ADT Incubator Forum

AIC-MIT ADT Incubator Forum is an umbrella organization hosted by MIT ADT University to promote Entrepreneurship and Innovation. It is one of the first Institutions supported by AIM, NITI Aayog, Govt. of India at any private university across Maharashtra. With an intent to promote and create a ‘social fabric of Entrepreneurship’ by leveraging Technology, its main objective is to build the ecosystem of Entrepreneurship. By engaging the power of various schools at MIT ADT University, AIC-MIT ADT will incubate the potential founders and support them by building a ‘Learning Culture’. It aims to build a community that nurtures the IDEA (Innovation, Design Thinking, Entrepreneurship, Arts) among the Next Generation of Entrepreneurs.AIC-MIT ADT Incubator Forum is a ‘not-for-profit incubator’ registered section 8 under the Companies Act,2013 with an aim to support startups or innovators that have applications in the core sector of the economy. The main activity of the AIC-MIT ADT Incubator forum is to help entrepreneurs to move forward through the various level of venture development and would provide them with the necessary infrastructure and other value-added services like Mentoring, Design Support, Prototyping, Testing, Simulation, Market Validation, IPR, Business Planning etc.

USP of AIC-MIT ADT Incubator Forum:

1. First AIC promoted by NITI Aayog in any private university across MH
2. Provides unique Ecosystem to build ‘Startups’
3. ‘Learn from Practitioners’ community besides University faculty
4. Very strong Networks: Mentors, Partners, Seed/Angel Funding and International Incubators
5. Seed Funding up to Rs. 25 Lakhs for building the venture
6. ‘Maker Space’ facilities with Industry-standard equipments for creating proof of concept (POC), prototyping, minimum viable product(MVP) for the startup
7. Regular interactive sessions with top startup founders from India and abroad
8. Help in creating IP, raising grants from various funding agencies, HR, IT services
9. Students can turn the semester projects into a potential startup by leveraging AIC expertise
10. Opportunity to participate in seminars, conferences, demo days to raise awareness about ‘Art of Entrepreneurship’.

The vision is to be a globally respected incubator that provides a world-class ecosystem to provide entrepreneurship and innovation.

The mission is to create a learning environment where each start-up can leverage the network effect and create society-relevant products and services.