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MAGIC Business Incubator SME Accelerator
MAGIC Business Incubator SME Accelerator is an industry association-led incubator based in India, focusing on supporting startups and small and medium enterprises in the Marathwada region through structured programs.
- Website
- magicincubation.com
- Founded
- 2015
- Recorded stages
- Pre Seed, Seed
- Recorded regions
- India, Asia
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Overview
MAGIC Business Incubator SME Accelerator, established in 2015, is an industry association-led, sector-agnostic incubator based in India. It is promoted by the Chamber of Marathwada Industries & Agriculture (CMIA) and focuses on building a startup ecosystem in Tier 2 and Tier 3 cities. The organization supports innovators, startups, MSMEs, and institutions through structured incubation and acceleration programs.
Focus
MAGIC provides incubation and acceleration services for startups, MSMEs, and innovators across various sectors, including agriculture, manufacturing, defense, technology, and social impact. The organization employs a flexible incubation model that tailors mentoring and support based on sector-specific challenges. It aims to nurture both grassroots innovations and scalable, technology-driven startups while addressing regional needs and national innovation priorities.
Support
MAGIC offers practical incubation and acceleration support, including mentoring, technical and product development, access to seed funds and CSR grants, legal/compliance/IPR assistance, marketing support, co-working infrastructure, and connections to industry, government, and academia.
Questions
Q: What types of startups does MAGIC support? A: MAGIC supports early-stage startups, student innovators, faculty-led startups, and MSMEs across various sectors. Q: How can I apply for the incubation program? A: Applications can be submitted through the MAGIC website.
Overlapping documented focus
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