Aegis Centre for Entrepreneurship (ACE) is a very unique startup accelerator. Founded in 2011, ACE is renowned for its entrepreneurial mentors, unique startup incubator program and success rate. ACE is one of the only incubators which is in this fight with every startup for the long haul.
How it works?
Eligibility Check: Admission is open to all Indian residents with valid identity proofs to establish their authenticity and legal existence. The proposals for business incubation must meet with one or more of the following parameters:
- Proposals with Intellectual Properties (IP) generated in or out of Delhi/NCR based public and private institutions.
- Proposals which will have social and strategic impacts,
- Proposals with potential for large resource generation, impact value and visibility to ACE and its incubation activities.
Admission Process: Applicants for admission in BI will be required to submit a Pre-Application Questionnaire (PAQ), which can be availed from the ACE office or downloaded from its website. The PAQ will be scrutinized internally by the ACE team. Applicants will submit their business plans and other company incorporation details.
Based on the documents submitted, the Business Plan will be screened by the ACE team for assessing the suitability of the proposal for further evaluation by expert members regarding its potential for incubation. Detailed scrutiny including financial and technical due diligence of the proposal shall then be carried out by the expert members for evaluation of the proposal. Applicants may be invited with their teams to make a presentation on their proposal.
ACE Support:
We at ACE(Aegis Centre for Entrepreneurship) provide a new approach towards incubation. We are not your average 3-month business incubator. We bring the best out of the entrepreneur and the mentor and create an amazing end product. The key differentiators include:
- Office Space and wifi connection
- Meeting rooms and conference facilities
- Services like accounting, legal, administration and HR so that entrepreneurs can focus on the business only
- Two mentors; one general and one domain specific mentor.
- Help newborn and early stage startups reach the level of self sustainability.
- Help entrepreneurs by building a strong support system of mentors from various industries.
- Help raise seed and angel funding for the startups.
- Educate the startups on basics of business development and management techniques to enable their success.
- Help startups expand to new markets.
- Periodic Assessment
- Permitted time limit of 24months with Rs. 25000 per month.
- Equity stake for incubation and mentoring.