As India is having a history of third largest startups ecosystem in the world having more than 4750 startups running all over India, now State government of Maharashtra has sanctioned a network of 16 startup incubator
Setting Up Incubators
The process of setting up a state-wide network of incubators has been started with a selection of Mumbai University (MU) and Research Innovation Incubation Design Laboratory Foundation (The state), Vidyavihar, both from Mumbai, as first two incubation
MU will be setting up an incubation The state at its Kalina campus, for which an area of 10,000 square feet has been earmarked at the University Green Technology building. It has sufficient fertile campus and ample infrastructure with ready to use built up space.
About Incubation Centers
Incubation Center Sectors
MU has identified sectors such as in which it will set up new centers which are as follows
- Renewable Energy
- Semiconductor Devices
- Polymers and magnetic materials
- E-Commerce and Retail
- Artificial Intelligence
- Information Technology
- Process Intensifications
- Stimulation and Optimization
To select rest of the 14 incubators,
Giving special emphasis to universities, the shortlisted applicants for setting up incubation
Pre-incubation activities will be, experimental learning base, promote design thinking and creativity, develop understanding of new technologies, scaling research with students and faculty support to business, equip students with entrepreneurship and finance skills, develop skills in digital world of business.
While 16 institutes were shortlisted in the first phase of implementation of the programme, the MSInS has started accepting applications for the second phase in which budding entrepreneurs in the state will have a chance to participate in boot camps during the startup Yatra and pitch their ideas at a seminar at Nagpur and the shortlisted startup ideas will receive pre-incubation offers.
With the growing population; India is also adding more and more startups with some unique ideas. To promote these we have similar activities earlier too, this includes