INCUBATION AT APEX UNIVERSITY
Incubation support for start-ups addressing social issues through entrepreneurial initiatives.
Start-ups shortlisted through a stringent evaluation process are put into incubation for a certain duration. Apex University provides a supportive ecosystem to turn impactful ideas into scalable ventures.
Eligibility
- Incorporation: Any person desirous of availing incubation facilities has to incorporate a private/public limited company under the Indian Companies Act.
- Proprietorship / Partnership: If the applicant is a Proprietorship, Partnership Firm or a Pre-Incorporated entity, the promoters must get it registered as a private/public limited company within three months of entry into incubation.
- Student promoters: Companies promoted by students enrolled for full-time Degree at an educational institute shall not be offered incubation if student is holding Executive position. However, companies promoted by students are eligible to apply provided student is not actively engaged with the company beyond any engagement permitted by the Institute.
- Government staff: A company promoted by regular Government staff or employee shall be granted incubation only upon submission of “No Objection Certificate” from the competent authority or employer. However, companies having employees as shareholders are eligible to apply.
- Ineligible activities: Any company that is or proposing to be engaged in consulting, evaluation or certification services, imparting educational courses and/or training program including vocational programs or is planning to undertake such activities during or after its incubation at Apex Incubation centre is not deemed eligible for incubation and their application will not be entertained.
Selection Criteria for a start-up to be incubated at APEX UNIVERSITY
Applications will be reviewed based on the following criteria:
The team has an innovative technology-based idea with commercial potential and a clear market understanding.
The team possesses the necessary skills and experience for product development and is passionate, committed, and unwavering in their desire to see their start-up succeed.
The team demonstrates the ability to execute their idea. This may mean building a preliminary prototype, market validation, acquiring users, or attracting investors.
