AIC Raise is a startup incubator in Coimbatore, India, that focuses on supporting social impact startups. startup incubator in coimbatore It is part of the Atal Innovation Mission (AIM), a flagship initiative of the Government of India to promote innovation and entrepreneurship.
AIC Raise provides startups with a range of services and support, including:
- Co-working space
- Mentoring from industry experts
- Access to seed funding
- Networking opportunities with investors and other stakeholders
AIC Raise also has a number of programs that are designed to help startups at different stages of their development. For example, startup incubator in coimbatore the AIC Raise Accelerator Program is a 12-week program that provides startups with intensive mentorship and support to help them scale their businesses.
Impact
AIC Raise has had a significant impact on the startup ecosystem in Coimbatore. Since its launch in 2017, AIC Raise has supported over 100 startups, which have raised over ₹100 crore in funding.
AIC Raise startups have also created over 500 jobs and have had a positive impact on the community through their social impact initiatives. startup incubator in coimbatore For example, one AIC Raise startup, Waste Warrior, is working to reduce waste pollution in Coimbatore.
Conclusion
AIC Raise is a valuable resource for startups in Coimbatore. It provides startups with the support they need to succeed and to make a positive impact on the community.
How to Apply to AIC Raise
To apply to AIC Raise, startups can visit the AIC Raise website and fill out the online application form. The application process includes submitting a business plan, pitch deck, and financial projections.
Once the application is submitted, it will be reviewed by the AIC Raise team. If the startup is selected, it will be invited to pitch their business to a panel of experts.
If the startup is successful in their pitch, startup incubator in coimbatore they will be accepted into the AIC Raise program.