ASIIM Ambedkar Social innovation and Incubation Mission
Last Date : 31st May 2021 - KIIT University, Bhubaneswar

Greetings from KIIT-TBI,

KIIT-TBI is inviting applications under "Ambedkar Social Innovation and Incubation Mission (ASIIM)", a Govt. of India Initiative that aims to support, promote, hand-hold the start-up ideas of SC entrepreneurs from Educational Campuses or Technology Business Incubators (TBIs) till they reach commercial stage by providing liberal equity support.

Funding Assistance: INR 30 lakhs as equity over a period of 3 years

Eligibility

o The SC entrepreneur should be the lead founder of the start-up.
o The entrepreneur must be an Indian Citizen.
o The start-up should be working towards innovation/ improvement of existing products, services and processes and should have the potential to generate employment/ create wealth.
o Post selection, the start-up should get incubated at KIIT-TBI.
o The SC entrepreneur must form a Pvt. Ltd. company within 1 month of selection with majority shareholding.
o Preference will be given to Startup India registered start-ups but not mandatory.

To know more about ASIIM, join our roadshow on 26th May 2021
Register Now: bit.ly/asiimrds

Last date for application: 31st May 2021
For queries contact: glossy(AT)kiitincubator(DOT)in

Launched by
Ministry of Social Justice and Empowerment (MoSJ&E), Govt of India

Launched under
Venture Capital Fund for SCs

Glossy Nayak
Program Associate, Social Impact & CSR
KIIT-TBI, KIIT University
www.kiitincubator.in