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AIC-Jyothy Institute Technology Foundation (AIC-JITF)
AIC-Jyothy Institute Technology Foundation (AIC-JITF) is an incubation center in Bengaluru, India, supported by the Atal Innovation Mission and NITI Aayog. It assists aspiring entrepreneurs, students, and faculty in developing startup ventures.
Online destinations
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Official links
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Overview
The Atal Incubation Centre - Jyothy Institute of Technology Foundation (AIC-JITF) is an incubation center established to support aspiring entrepreneurs in India. It is located in Bengaluru and is supported by the Atal Innovation Mission (AIM) and NITI Aayog, Government of India. AIC-JITF aims to enable individuals, students, and faculty to incubate and develop their startup ventures.
Focus
AIC-JITF focuses on several key areas for investment and support, including materials, food technology, and devices and sensors. The center also provides training and skill development programs in areas such as ideation, business planning, entrepreneurship, marketing, and intellectual property.
Support
AIC-JITF offers various services including mentoring, funding, technology consultancy, and business facilitation. It provides cash support up to Rs. 1 lakh for select startups, equity debt up to Rs. 25 lakhs under NITI Aayog guidelines, and prototype grants up to Rs. 10 lakhs through the DST NIDHI-PRAYAS center.
Questions
What types of startups does AIC-JITF support?
AIC-JITF supports startups in materials, food technology, devices and sensors, and other domains on a case-by-case basis.
How can I apply to AIC-JITF?
Interested entrepreneurs can apply through the application form available on the AIC-JITF website.
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