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AIC RAISE is India's first startup incubation center focused on the United Nations Sustainable Development Goals (SDGs), based in Coimbatore. It supports social startups addressing social and environmental challenges.
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AIC RAISE is an organization dedicated to fostering innovation and entrepreneurship through incubation and various initiatives. Established in 2019, it operates as India's first SDG-focused startup incubation center, located in Coimbatore, India. The organization aims to provide essential resources and support to emerging businesses, particularly those addressing social and environmental challenges.
AIC RAISE invests in startups across various sectors, with a strong emphasis on technology and innovation. Their offerings include incubation programs, pre-incubation support, and funding opportunities, particularly through initiatives like the Startup India Seed Fund Support. The organization targets specific areas such as elderly care and sustainability, aiming to nurture startups that contribute positively to society.
AIC RAISE offers a comprehensive suite of resources for startups, including mentorship, access to funding, coworking spaces, and networking opportunities. Their Sustainability Value Incubation Program provides up to INR 10 lakhs in seed fund support, one-on-one advisory, and access to experts and early adopters, along with a startup kit valued at USD 60,000.
Q: What types of startups does AIC RAISE support? A: AIC RAISE supports for-profit, mission-driven startups focused on social and environmental impact. Q: How can I apply for the incubation program? A: Interested startups can apply through the application form available on the AIC RAISE website. Q: What is the funding support available? A: Startups can receive up to INR 10 lakhs in seed fund support through the Sustainability Value Incubation Program.
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