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Seed Fund Support through a rotating corpus for funding [Grant or Equity] Women Startups incubated with Atal Incubation Centre Banasthali University.

Last Updated on 2020-03-27
CSR

CSR ID: 10036

Banasthali Vidyapith, established in 1935 with 5 students today has become ‘worlds largest residential university for women. Banasthali has partnered with NITI Aayog for setting up world class Atal Incubation Centre [AIC] at Banasthali. Its one of its kinds Business Incubator in India solely focusing on women-led startups. In last 2 years 49 women startups from all across India have benefitted through its Incubation and Acceleration Programs. Keeping in mind the challenges of Women, AIC Banasthali has created a unique program supporting women startups from all stages. The program aims to nurture women startups in Science & Technology making them sustainable and investable. One of the globally acknowledged challenges for women startups is access to resources and early capital. We propose to create a rotating corpus fund for providing Seed Support to early stage women startups which would help them in taking their ideas to next level and de-risk their innovations. The support per startup can be provided in the range of INR 10-25 lakhs depending upon the requirement and potential of startup. BENEFIT TO CSR PARTNER- 1. Sponsor would be known for its key role in India for Women Empowerment and catalyzing innovations coming out from startups. 2. The company would be seen as ‘Nation Builder one which supports and nurtures women startups. The company would also benefit from the huge national & international reach of Atal Incubation Centre and Banasthali Vidyapith.

Project Impact

Project would impact a good number of early-stage women startups each year by supporitng them through Seed Support. This would help them in taking their innovative ideasorPoCorMVP to next level, establish themselves and support them for de-risking their innovations.

Project Snapshot
  • Sector
    CSR
  • Sub-Sector
    Technology Incubators
  • CSR Sub-Sector Brief
    Programs & Partnerships
Funding Details
  • Funding Requirement (in USD)
    0.25 mn
  • Funding Status
    Partially funded
Other Funding Detail
  • INR 5.5 Cr by AIM NITI Aayog for operations, INR 1.70 Cr from MeitY
Project Location| Tonk, Rajasthan India
Address 1:

Rajasthan, Tonk

Presence Across Nation

Contact Summary
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Invest India Details
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