AIC-BAMU Foundation is a non-government organization based in Mumbai, Maharashtra, focused on supporting startup ecosystems and innovation initiatives through its Atal Incubation Center.
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AIC-BAMU Foundation is an incubation center established by Dr. Babasaheb Ambedkar Marathwada University (BAMU) in Aurangabad, Maharashtra, India. Supported by the Maharashtra State Innovation Society, the Department of Skill Development and Entrepreneurship, and the Atal Innovation Mission under NITI Aayog, Government of India, the foundation is registered as a Section-8 Company under the Companies Act of 2013. Its primary aim is to foster a culture of innovation and entrepreneurship by supporting technology-based startups and developing an ecosystem conducive to innovation.
AIC-BAMU Foundation focuses on various sectors including Health Tech, Agri Tech, SaaS, Manufacturing, Food Processing, Waste Management, AI/ML, and Electric Vehicles. The foundation provides essential facilities such as AI-ML labs, IoT Fab labs, AR-VR labs, and co-working spaces, inviting innovative ideas in these fields.
The program offers mentorship, access to essential facilities, networking opportunities, and support in various aspects of startup development, including funding assistance and partnerships.
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