Promoting entrepreneurship is central to the vision of Shiv Nadar University. Even our business school is named as School of Management and Entrepreneurship.
Atal Incubation Centre (AIC) set up at Shiv Nadar University with the support of Atal Innovation Mission NITI Aayog with the aim of serving as an active catalyst for the development of promising entrepreneurs. It is a step to assist budding entrepreneurs in their start up journey and to support developing start up eco system in India.
AIC has advantage of access to resources of engineering, natural science, humanities and management schools of the university. Specialised labs and highly qualified faculty is available to guide start up in their technical and business endeavours. We have highly qualified mentors to support Incubatees.
AIC is sector agnostic and welcomes start-ups from diverse fields.
AIC’s incubation program is an intensive business development program that supports founders and helps them turn their ideas into successful businesses. The support comes in a form of mentorship, office space and some starting capital (seed money).
AIC Shiv Nadar University welcomes startups for incubation, irrespective of being part of the university as student or faculty. The aim of AIC is to create an ecosystem which is conducive for innovation, where start-ups and new ventures thrive. With a view to nurture these start-ups, AIC offers virtual as well as physical incubation.
Currently, AIC has incubated 13 start-ups under the incubation program. AIC, as business incubator is highly flexible and has unique combination of business development processes, infrastructure and people designed to nurture new and small businesses by helping them to survive and grow through the difficult and vulnerable early stages of development. AIC is more like a catalyst tool and facilitator to start-ups incubated as Incubatees and provides some combination of office space, business services, coaching & mentoring, funding and access to networks.
The selection criteria for inducting start-ups as incubates include execution capability of founders, innovativeness of the idea, scalability, unit economics and the possible impact.
To encourage and create an entrepreneurship culture in the university, especially among students, AIC closely works with Entrepreneurship Cell (E-Cell) a student body, created to boost student innovation efforts. Many events and efforts have been made to create awareness towards enhancing entrepreneurship and innovation. AIC is also working towards promoting women entrepreneurship.
Thus, AIC at Shiv Nadar is progressively working towards fostering entrepreneurship and trying to play a vital role in creating sustainable start-ups, which generate more employment and wealth creation.