Application Process

Selection Criteria

We are sector-agnostic, with a special interest in technology-driven ventures creating social impact in domains like Healthcare, Education, Clean Energy and Lifestyle.

If you are an early-stage startup with an innovative solution and have developed a prototype or proof of concept having the potential to become fundable or self-sustainable within 18-24 months, connect with us.

APPLICATION PROCESS | APPLY NOW

• Submit Your Application: Share your vision with us through a formal application
  that includes your business plan and expression of interest in joining our portfolio.
• Selection Process:Your application goes through a rigorous multi-stage
  evaluation. Our management team conducts the initial screening, followed by a
  final review from an independent investment committee.
• Incubation Agreement: Once approved, you’ll sign an incubation agreement
  with IIMCIP. Note: You’ll need to register as a for-profit company before signing.
• Incubation Support: Gain access to all our facilities* and resources. You’ll work
  closely with assigned mentors through regular interactions to propel your
  startup’s growth.*The IIMCIP facilities (except the outsourced support services) are provided at no
  cost. The cost of 3 rd party/professional support services will be borne by the
  incubated startups, at their discretion.
• Monitoring: Submit monthly progress updates and detailed quarterly reports.
  Our monitoring and review committee, comprising faculty, alumni, entrepreneurs
  and investors, will assess your progress every quarter and provide strategic
  guidance.
• Graduation: Graduate when you've achieved self-sustainability, secured
  expansion funding, completed an acquisition or reached the end of your
  incubation term.
• Equity: IIMCIP will take up to 5% of equity as consideration for the incubation
  support.
• Standard incubation period: 24 months