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AIC-RMP Foundation

Introduction

India’s startup ecosystem is thriving — but for early-stage founders, the gap between an idea and a market-ready business remains a steep climb. Bridging that gap requires not just funding, but structured incubation, mentorship, and a strong innovation network.

That’s exactly what the AIC–Rambhau Mhalgi Prabodhini Foundation (AIC-RMP Foundation) delivers.

Established under the Atal Innovation Mission (AIM) by NITI Aayog, AIC-RMP Foundation serves as a leading incubator and catalyst for innovation in Maharashtra. It empowers founders to convert innovative ideas into scalable businesses through a combination of seed funding, mentoring, and access to global networks.

This article provides a complete roadmap on how to apply for seed funding and incubation at AIC-RMP Foundation — including eligibility, application process, benefits, and success stories that inspire.


1. About AIC–Rambhau Mhalgi Prabodhini Foundation

The Atal Incubation Centre–Rambhau Mhalgi Prabodhini Foundation was launched in 2018 as part of the Atal Innovation Mission (AIM) — a Government of India initiative to foster innovation and entrepreneurship across the nation.

Located in Thane, Maharashtra, the AIC-RMP Foundation provides a dynamic ecosystem for startups in diverse sectors through mentoring, seed funding, and networking opportunities.

The foundation operates under the larger umbrella of Rambhau Mhalgi Prabodhini (RMP) — a well-known leadership development institute with decades of experience in training professionals, entrepreneurs, and changemakers.

Vision

To create an innovation-driven ecosystem that nurtures startups addressing India’s socio-economic challenges through technology and creativity.

Mission

  • Support early-stage entrepreneurs with incubation and funding.

  • Promote innovation in social, rural, and industrial sectors.

  • Strengthen India’s Atmanirbhar Bharat (self-reliant India) mission through entrepreneurship.


2. Focus Sectors at AIC-RMP Foundation

AIC-RMP supports startups that align with India’s development priorities and local community needs, focusing on areas such as:

  • AgriTech & Food Processing

  • Clean Energy & Environment

  • Healthcare & Wellness

  • Education & Skill Development

  • Social Innovation & Rural Impact

  • Women-led Enterprises

  • Digital and Smart Solutions

This sectoral focus ensures that the incubator contributes not only to economic growth but also to social development and inclusion.


3. The Role of the Seed Fund Incubator

AIC-RMP Foundation is one of the approved incubators under the Startup India Seed Fund Scheme (SISFS) — an initiative by the Department for Promotion of Industry and Internal Trade (DPIIT).

Through this program, AIC-RMP provides financial assistance up to ₹50 lakhs to startups for:

  • Prototype development

  • Product trials

  • Market entry

  • Commercialization

The incubator bridges the gap between idea validation and investor readiness — ensuring that promising startups are prepared for sustainable growth.


4. Types of Support at AIC-RMP Foundation

A. Pre-Incubation Support

For entrepreneurs still refining their idea or prototype.
Includes:

  • Business model validation

  • Design thinking workshops

  • Mentorship and prototype testing

  • Networking opportunities

B. Full Incubation Program

Designed for startups with validated ideas or early traction.
Includes:

  • Structured incubation for 12–18 months

  • Seed fund support

  • Legal and IPR advisory

  • Industry and investor connections

  • Product-market fit and go-to-market strategy

C. Seed Funding

The foundation disburses funding in two parts:

  • Grants up to ₹20 lakhs for prototype development.

  • Investment up to ₹50 lakhs for commercialization and scaling.
    Funds are milestone-linked and released upon progress verification.


5. Eligibility Criteria

Startups applying for the Seed Fund Incubator at AIC-RMP Foundation must meet the following eligibility norms:

DPIIT Recognition: Must be a DPIIT-recognized startup under Startup India.
Entity Type: Private Limited Company, LLP, or Registered Partnership.
Startup Age: Less than 10 years since incorporation.
Turnover: Not exceeding ₹100 crore in any financial year.
Stage: Prototype, MVP, or early commercialization stage.
Innovation: Product or service must demonstrate innovation or technology advancement.
SISFS Rule: Startups already funded by SISFS through another incubator are not eligible.


6. Step-by-Step Application Process

Here’s how to apply for Seed Funding and Incubation at AIC-RMP Foundation:

Step 1: Register on Startup India Seed Fund Portal

Visit seedfund.startupindia.gov.in. Ensure DPIIT recognition before applying.

Step 2: Select AIC-RMP Foundation

From the approved list of incubators, select AIC–Rambhau Mhalgi Prabodhini Foundation.

Step 3: Submit Your Application

Upload the following documents:

  • Business plan and pitch deck

  • Prototype details or MVP

  • Founder and team profiles

  • Financial projections

  • Market potential and scalability report

Step 4: Evaluation & Screening

Applications are reviewed by an internal Seed Fund Evaluation Committee (SFEC) consisting of domain experts, investors, and academicians.

Step 5: Pitch Presentation

Shortlisted startups are invited for a live pitch session before the selection committee.

Step 6: Selection & Onboarding

Selected startups sign an MoU and begin the incubation journey.

Step 7: Disbursement of Funds

Seed funds are released in tranches based on predefined milestones and performance.


7. Benefits of Incubation at AIC-RMP Foundation

Startups at AIC-RMP gain access to a comprehensive ecosystem tailored for growth:

Seed Fund Support: Access to up to ₹50 lakhs for early-stage growth.
Mentorship: 100+ domain experts from academia, industry, and government.
Infrastructure: Modern co-working spaces, labs, and testing facilities.
Market Access: Introductions to corporate partners and industry stakeholders.
Networking: Participation in startup showcases, demo days, and global events.
Skill Development: Training sessions on leadership, fundraising, and business growth.
Investor Connects: Exposure to angel investors and venture capital networks.


8. Success Stories

AIC-RMP has supported over 120 startups, with many achieving remarkable milestones. Some notable success stories include:

🚜 AgroChain – A blockchain-based AgriTech startup connecting farmers directly to buyers.
💧 HydroPure – Innovated portable water filtration units for rural areas, now adopted by several NGOs.
🧬 BioHeal – Developed low-cost diagnostic kits for rural healthcare centers.
💻 EduNext – An EdTech startup empowering women educators across Maharashtra through hybrid learning tools.

These stories exemplify how AIC-RMP helps turn innovation into sustainable impact.


9. Why Choose AIC-RMP Foundation

  • Supported by NITI Aayog’s Atal Innovation Mission (AIM).

  • Backed by a reputed leadership and policy institute — Rambhau Mhalgi Prabodhini.

  • Offers seed funding, mentorship, and networking under one platform.

  • Focused on social innovation and inclusive growth.

  • Strong industry, government, and academic partnerships.

If you’re an innovator seeking meaningful growth with purpose, AIC-RMP Foundation provides the ideal platform to scale.


10. Contact Information

📍 Address:
AIC–Rambhau Mhalgi Prabodhini Foundation
Knowledge Excellence Centre, Uttan, Bhayandar (West),
Thane – 401106, Maharashtra, India

📧 Email: info@aic-rmp.org
🌐 Website: www.aic-rmp.org
📞 Phone: +91-22-2845 7000


Conclusion

The AIC–Rambhau Mhalgi Prabodhini Foundation is not just an incubator — it’s a movement to foster leadership-driven innovation.

By combining seed funding, strategic mentorship, and ecosystem access, AIC-RMP enables entrepreneurs to transform challenges into opportunities and ideas into impactful ventures.

If you are a startup founder ready to build a business that matters — socially and commercially — this is your opportunity to apply for the Seed Fund Incubator at AIC-RMP Foundation and take your innovation to the next level.

Innovation begins with one step. Let that step be towards AIC-RMP.