International Centre for Entrepreneurship and Technology – iCreate is inviting applications for incubation of slightly mature projects, to be incubated at its new Dev Dholera Campus near Ahmedabad, Gujarat. The period of incubation can be up to two years, and iCreate has dedicated a budget of up to Rs 250 lakhs for this round of applications.
If you have been working on an innovative technology / software / product/ service, and have spent time talking to real consumers of your offering, and have created some minimal viable product offering, then apply. We can offer you labs and workshops to finalize your offering, help take it to live customers to make it market ready, and also to mentor you so that you can build a growth organization and start earning serious revenue.
Proposals will be accepted between 20th September to 25th October, 2016. Results will be announced on 11th November, 2016. However, only shortlisted candidates will be notified. Selection process will then be conducted at iCreate premises from 28th November,2016 to 30th November,2016. Please note, while there is no fee for the application or for the Bootcamp (which is a 2+1 day residential preparation camp), the travel expenses are to be borne by the candidate/teams.
The final Pitch will be conducted on 30th November, 2016. Due diligence of short listed candidates will be conducted and final results (offer for incubation) will be declared on 5th December,2016. The selected candidates can confirm the acceptance of the offer by 8th December,2016. Further, the process of incubation will be initiated on receipt of the share certificate (details of which will be shared in the offer letter) or conditional security deposit (as the case may be) latest by 23th December 2016. The incubation starts on 16th January,2017.