Incubation and Innovation Centre Mandsaur University (IICMU)
The Incubation and Innovation Centre Mandsaur University (IICMU) is a dynamic ecosystem designed to foster innovation, entrepreneurship, and research. Our goal is to provide a supportive environment for startups, research projects, and product development across various domains including sciences, engineering, agriculture, pharmacy, Ayurveda, arts and many more.
Our Vision
The vision is to encourage, besides others, research translation and create a robust ecosystem for innovation and entrepreneurship.
Our Mission
Overall ambition is to create world-class facilities and bring together various enabling partners to help the startups navigate through crucial development stages at an accelerated pace and reduce their time towards market readiness.
Who can apply?
- The Incubator primarily supports technology-driven startups working on innovative products/ processes.
- Registered in India as private limited companies under the Companies Act 2013. (Individuals can apply before registration, but onboarding will be subject to company formation).
- Resident Indian citizens should hold the majority (> 50%) of shares.
- At least one of the promoters works full-time with the startup.
- Individuals/LLPs can only be considered if they have an innovation grant from government programs.
Our offerings
- Access to prototyping facilities.
- Access to a vast mentor network.
- Access to various funding programs for various stages(competitive).
- Access to FITT’s network of tech companies and R&D facilities.
- Access to FITT’s network of deep-tech investors.
- Strong visibility and chances to showcase at most relevant platforms.
- An ecosystem surrounded by like-minded entrepreneurs.
- Subsidized working space.
- Business support services, including IPR management, legal and financial guidance.
- Training, workshops and networking events.
How to apply
The application process is online. Interested startups can put a query mentioning their startup idea briefly at: [email protected]
Facilities & Infrastructure
IICMU provides:
- Biotechnology, Bioprocess, Microbiology & Biochemistry Labs: Equipped with advanced instruments and technologies for cutting-edge research and innovation.
- Co-Working Space: Fully furnished spaces for brainstorming, collaboration, and development with access to high-speed internet and meeting rooms.
- Prototyping & Testing Facilities: Support for prototype development and product testing using the latest tools and machines.
- Startup Support Center: Assistance with business planning, market research, and networking with investors.
