MAGIC Business Incubator SME Accelerator

A 3-Day Angel Masterclass Program for Incubators on Investment & Finance, was hosted under the SIDBI cluster intervention program at AISSMS Institute of Information Technology College of Engineering, Pune in collaboration with Indian STEPs and Business Incubators Association (ISBA) and FundEnable Over the course of three intensive days from July 22nd to 24th, 2024, explored critical skills in startup investment and capital-raising strategies, tailored specifically for Incubation CEOs and Managers Here are some highlights from our insightful sessions: Anchored by Vikrant Potnis, Day 1 kicked off with discussions on the essential role of incubation managers in supporting startups through their fundraising journey, alongside hands-on exercises like the FundAbility Matrix and a stimulating Mock Pitch by startup. - Day 2 delved deep into understanding founder expectations, valuation methodologies, and real-world case studies on deal structuring. - Day 3 concluded with sessions on navigating standard termsheets, post-funding compliance structures, creating robust exit plans, and the meticulous process of due diligence before investing. Indian STEPs and Business Incubators Association (ISBA) Governing Body Member and MAGIC Business Incubator SME Accelerator Director Ashish Garde actively participated in the program. The programme was coordinated by KPMG Pune Office Team. #AngelMasterclass #StartupInvestment #IncubationExcellence #SIDBI #Entrepreneurship --- SIDBI(Small Industries Development Bank of India) SIDBI Venture Capital Ltd S Ramann Prakash Kumar The Economic Times ET RISE MAGIC Business Incubator SME Accelerator Sunil Raithatha Startup India Maharashtra State Innovation Society MeitY Startup Hub Atal Innovation Mission Official NITI Aayog Official iDEX - DIO MeitY Startup Hub DRDO, Ministry of Defence, Govt. of India nasscom nasscom startups Ministry of Commerce and Industry, Government of India Department for Promotion of Industry and Internal Trade Invest India

Chhatrapati Sambhajinagar (Aurangabad)District skills Committee meeting was held at the District Collector's office chaired by District Magistrate Dilip Swami and ZP CEO Vikas Mina, discussion were held about the establishment of a new thematic Center of Excellence by STPI at Chhatrapati Sambhajinagar. District Magistrate Dilip Swami assured that the proposal for this Center of Entrepreneurship will soon be followed up with STPI officials for giving a significant boost to the Skilling & Entrepreneurial ecosystem of the region & taking a significant step towards realizing the tech-driven future for the region. The meeting was attended by Suresh Varade, District Planning Officer, Abhijit Alte, District Vocational Education and Training Officer, Ashish Garde, Past President of CMIA and Director MAGIC, and representatives of various skill and training institutes of Chhatrapati Sambhaji nagar. #STPI #Entrepreneurship #Skilling #ChhatrapatiSambhajiNagar #ITInnovation #IoT #AI #Blockchain #ARVR Ashwini Vaishnaw Jitin Prasada S Krishnan Arvind Kumar Ajay P. Shrivastava S Bhondve Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA) Nidhi Choudhari National Industrial Corridor Development Corporation (NICDC) Rajat Kumar Saini

Hearty congratulations STPI - Software Technology Parks of India & Ministry of Electronics and Information Technology, Government of India team for hosting a brainstorming session with the stakeholders for evolving the National Policy on IT-2024 & seeking inputs from all categories of Stakeholders. Leading IT/ITeS units, Incubators, Startups & Industry Associations, Officials of Govt. of Maharashtra and Industry stalwarts participated in the session and provided valuable insights and constructive feedback on the new National Policy on Information Technology-2024. During the meeting Ashish Garde, Director MAGIC Business Incubator SME Accelerator shared key insights and constructive feedback on the he National Policy on IT-2024. He highlighted the need of focusing attention on tier II and tier III cities and expanding the scope of activities at STPI Aurangabad and extend the STPI's scheme such as Next Generation Incubation Scheme (#NGIS) and 'Leap Ahead program' at such high growth potential industrial destinations. He emphasised the need of strengthening the existing local ecosystem by establishing Thematic Center of Excellence (#CoE) for promoting #Skilling, #Innovation & #Entrepreneurship in Chhatrapati Sambhajinagar AURIC, offering special incentives to MSMEs in IT and Electronic Sector and extending help for international business for the Startup & MSMEs. Above initiatives will help digital literacy, innovation and economic growth in Maharashtra, aligning with national development goals. #NationalPolicyonIT2024 #Innovation #Entrepreneurship #DigitalIndia #ChhatrapatiSambhajinagar #AURIC #Maharashtra Ashwini Vaishnaw Jitin Prasada S Krishnan Arvind Kumar Ajay P. Shrivastava S Bhondve Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA) Nidhi Choudhari National Industrial Corridor Development Corporation (NICDC) Rajat Kumar Saini

@MAGIC Business Incubator SME Accelerator Director, Ashish Garde, recently visited the InFED - IIMN Foundation for Entrepreneurship Development, Business Incubator at IIM Nagpur. It was an insightful interaction with Dr Shivaji Dhawad COO, InFED IIM Nagpur which was aimed at exploring the vibrant startup ecosystem nurtured by this academic institution of national eminence. Detailed discussions were held to understand the variety of support & services extended by the Incubator to these startups. The interaction meeting helped to explore the Incubator's business model and its future growth plans, highlighting their strategic vision for achieving sustainability. The deliberations also focused on the good governance practices and compliance standards adopted by this academic institution-based Incubation Centre. Strategies employed to build and strengthen the startup ecosystem were also a key focus of the discussions. This visit has provided invaluable insights that will help further enhance the support and services being extended to startups. Stay tuned for more updates as we continue to foster innovation and entrepreneurship while building a strong bond of partnership with other Incubators in the Startup Ecosystem leading to #Cooperation #Collaboration #Cocreation Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA) Vivek M. Amit Kothawade Monika Beniwal Afreen Shaikh Kanan Kumari Government of Maharashtra (GoM) Bhimaraya Metri Shivaji Shriram Dhawad, Ph.D.

World Youth Skills Day recognizes the strategic importance of preparing youth for employment, decent work, and entrepreneurship. We at MAGIC encourage young minds to come and be a part of our startup community. #youthskills #community #StartupWorldCup Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA) Vivek M. Amit Kothawade Monika Beniwal Afreen Shaikh Kanan Kumari Government of Maharashtra (GoM)

Calling all Women led Startups of Maharashtra! Take your startup to new heights with the Punyashlok Ahilyadevi Holkar Women Startup Scheme! An initiative by Maharashtra State Innovation Society to support early-stage women-led startups of Maharashtra. 💼 Financial Assistance of Rs. 1 lakh to Rs. 25 lakh ✅ Eligibility Criteria: - Maharashtra registered and DPIIT recognized. - At least 51% share of women founder - Operating for at least 1 year. - Annual turnover between Rs. 10 lakh and Rs. 1 crore. - Promising, innovative, and employment-generating startups would be preferred. Apply Now - www.msins.in Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA) Vivek M. Amit Kothawade Monika Beniwal Afreen Shaikh Kanan Kumari Government of Maharashtra (GoM)

MAGIC Business Incubator SME Accelerator is pleased to invite you to MAGIC's MSMB - Our team engages with students/faculties through In-PERSON interactive sessions which will help them to think about starting livelihood businesses (based on their acquired skills) in their territory. By this, they can grab the opportunities for wealth creation and further employment generation in their territory. Topic: My Skill My Business (MSMB) Keynote Speaker: Shri. PRASAD KOKIL Day & Date: Friday, 19th July 2024 Time: 11:00 AM onwards Venue: Government ITI, Chh. Sambhajinagar Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA)MAGIC Business Incubator SME Accelerator is pleased to invite you to MAGIC's MSMB - Our team engages with students/faculties through In-PERSON interactive sessions which will help them to think about starting livelihood businesses (based on their acquired skills) in their territory. By this, they can grab the opportunities for wealth creation and further employment generation in their territory. Topic: My Skill My Business (MSMB) Keynote Speaker: Shri. PRASAD KOKIL Day & Date: Friday, 19th July 2024 Time: 11:00 AM onwards Venue: Government ITI, Chh. Sambhajinagar Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari MIDC Maharashtra Institution for Transformation (MITRA)

Calling all Women led Startups of Maharashtra! Take your startup to new heights with the Punyashlok Ahilyadevi Holkar Women Startup Scheme! An initiative by Maharashtra State Innovation Society to support early-stage women-led startups of Maharashtra. 💼 Financial Assistance of Rs. 1 lakh to Rs. 25 lakh ✅ Eligibility Criteria: - Maharashtra registered and DPIIT recognized. - At least 51% share of women founder - Operating for at least 1 year. - Annual turnover between Rs. 10 lakh and Rs. 1 crore. - Promising, innovative, and employment-generating startups would be preferred. Apply Now - www.msins.in Nidhi Choudhari Vivek M. Amit Kothawade Monika Beniwal Afreen Shaikh Kanan Kumari Startup India Government of Maharashtra (GoM) #WomenEntrepreneurs #Maharashtra #Innovation #WomenInBusiness #Empowerment #StartupFunding

Attention Innovators! Maharashtra Startup Week 2024 is Now Open! Maharashtra State Innovation Society is inviting applications from startups across the country for the 6 th edition of Maharashtra Startup Week 2024. Maharashtra Startup Week is a flagship initiative, designed to identify, showcase, and support startups that can revolutionize governance and create large-scale impact across Maharashtra. This is your chance to showcase your innovative, get a government work order worth up to ₹15 lakhs. What's at Stake: • 24 winning startups will receive work orders up to ₹15 lakhs each • Opportunity to pilot solutions with various government departments • Cloud credits, mentorship, and networking opportunities with investors. Eligibility Criteria: • DPIIT recognized Startups across India • Deployment-ready Minimum Viable Product (MVP) • Innovation relevant to the Government of Maharashtra • Not a previous MSW winner Apply till - August 1st, 2024 To apply - bit.ly/MSW2024-Application #InnovationInGovernance #GovernmentWorkOrder #MSW2024 #InnovateForMaharashtra #StartupGrowth #ScaleWithGovernment Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade | EoDB_India, GoI | Make In India | Invest India MIDC Maharashtra Institution for Transformation (MITRA)

Attention Women led startups of Maharashtra! Maharashtra State Innovation Society, Government of Maharashtra presents an exciting opportunity for women-led startups: Punyashlok Ahilyadevi Holkar Women Startup Scheme 🎯 Aim: To boost innovation and entrepreneurship among women-led startups in Maharashtra 💰 Funding: Grant of up to 25 lacs to help your startup grow and take your idea to the next level! Eligibility: ✅ DPIIT recognized & Maharashtra registered ✅ 51% women stake in the company ✅ Operational for over 1 year ✅ Revenue between ₹10 lakhs - ₹1 crore ✅ No prior grant benefits from Maharashtra Government Don't miss this chance to accelerate your startup's growth! Startup India MeitY Startup Hub AGNIi iDEX - DIO Ministry of Electronics and Information Technology Atal Innovation Mission Official NITI Aayog Official All India Council for Technical Education (AICTE) MSDE Skill India Ministry of Commerce and Industry, Government of India MIDC Maharashtra State Innovation Society Nidhi Choudhari Government of India Official | Ministry of Commerce and Industry, Government of India | Department for Promotion of Industry and Internal Trade