What is Incubation?
Incubation is a unique and highly flexible combination of business development processes, infrastructure and people, designed to nurture and grow new and small businesses by supporting them through early stages of development and change.
What is a Business Incubator?
A business incubator is a workspace created to offer start-ups and new ventures access to the resources they need, all under one roof. In addition to a desk or office incubators often provide resident companies with access to expert advisors, mentors, administrative support, office equipment, training and/or potential investors
The Incubation Centre at CED
CED has work on the above concept precisely and get ready to pace with the modern entrepreneurial and start-up support system. CED has recently created a separate focus point as CED Incubation Centre (CIC) located at CED Naroda Campus, Ahmedabad especially for innovators, incubators and bubbling entrepreneurs with new concept and idea. The more emphasize will be given to those entrepreneurs who have successfully completed their training with CED.
CED is approved Nodal Institute by Government of Gujarat under Gujarat Start-up Policy 2020. The well-equipped resources of CED Naroda Campus like auditorium, conference room, computer lab and pool of CED empaneled expert will be made available for the same. CED would guide and nurture the serious and enthusiastic entrepreneurs/start-ups through the Centre.
Important points for start-up/Innovators
- Start-up must have a business idea to develop a product or a service with market fit, fulfilling demand, viable commercialization, inspiration behind this idea, innovative elements of the idea along with comparisons of products available and scope of scaling-up
- Start-up should be using innovative concepts in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted
- We can give Preference to start-ups creating innovative solutions in sectors such as social sector impact, waste management, water management, financial inclusion, education, agriculture, dairy technology, food processing, biotechnology, healthcare, energy, logistics etc.
- Any start-up will not receive seed support more than once.