Organization · Incubator
AIC-BAMU Foundation
AIC-BAMU Foundation is a non-government organization based in Mumbai, Maharashtra, focused on supporting startup ecosystems and innovation initiatives through its Atal Incubation Center.
Overview
What AIC-BAMU Foundation does
What AIC-BAMU Foundation is
AIC-BAMU Foundation is a non-government organization based in Mumbai, Maharashtra, focused on supporting startup ecosystems and innovation initiatives through its Atal Incubation Center.
How it participates in the startup ecosystem
The current public profile supports program host and community capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Incubator
- Founded
- Founded in 2019
- Approximate age
- About 7 years
- Structured capabilities
- Program host · Community
- Last reviewed
- March 28, 2026
What Incubator means
An incubator is a support environment for turning a nascent idea or early company into a startup that is more ready for customers, funding, or an accelerator.
Open the glossary entryOfficial channels
Find AIC-BAMU Foundation elsewhere
Open the official website or a supported primary organization account.
Capability profile
AIC-BAMU Foundation as a program host
Program thesis
AIC-BAMU Foundation aims to foster a culture of innovation and entrepreneurship by supporting technology-based startups and developing an ecosystem conducive to innovation.
Focus narrative
AIC-BAMU Foundation focuses on various sectors including Health Tech, Agri Tech, SaaS, Manufacturing, Food Processing, Waste Management, AI/ML, and Electric Vehicles. The foundation provides essential facilities such as AI-ML labs, IoT Fab labs, AR-VR labs, and co-working spaces, inviting innovative ideas in these fields.
Value and support
AIC-BAMU Foundation offers essential facilities, mentorship, and networking opportunities to startups, helping them refine their business models and accelerate growth.
Availability
- Application state
- Not published
Focus and fit
- Stages
- Accelerator · Pre-seed · Seed
Alumni and track record
Alumni context
The foundation has incubated over 443 startups and has generated more than 2000 employment opportunities, facilitating partnerships with over 67 organizations.
Capability profile
AIC-BAMU Foundation as a community
Community overview
AIC-BAMU Foundation is an incubation center established by Dr. Babasaheb Ambedkar Marathwada University (BAMU) in Aurangabad, Maharashtra, India. Supported by the Maharashtra State Innovation Society, the Department of Skill Development and Entrepreneurship, and the Atal Innovation Mission under NITI Aayog, Government of India, the foundation aims to foster a culture of innovation and entrepreneurship by supporting technology-based startups and developing an ecosystem conducive to innovation.
Community focus
AIC-BAMU Foundation focuses on various sectors including Health Tech, Agri Tech, SaaS, Manufacturing, Food Processing, Waste Management, AI/ML, and Electric Vehicles. The foundation provides essential facilities such as AI-ML labs, IoT Fab labs, AR-VR labs, and co-working spaces, inviting innovative ideas in these fields.
Member value
Members benefit from access to essential facilities, mentorship, networking opportunities, and various programs aimed at enhancing their entrepreneurial skills and business models.
Membership
- Recorded members
- 443
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Schedule
- rolling-admissions
- Commitment
- light
Availability
- Membership state
- Accepting
Audience and fit
- Audience
- Founders · Students
- Benefits
- mentorship and network-access
- Program types
- incubator, community, and training
- Selection criteria
- open and application
- Stages
- Pre-seed · Seed
Community activity
Events and activity
AIC-BAMU Foundation organizes various events to foster innovation and entrepreneurship, including the MSME Idea Hackathon 4.0, Women Entrepreneurship Development Program, Startup Pakhwada, and Cohort Inaugurations.
Notable members
The foundation has incubated over 443 startups and facilitated partnerships with over 67 organizations.
Common questions
What to know about AIC-BAMU Foundation
Upseed classifies AIC-BAMU Foundation under the Incubator organization type. Its current public profile includes program host and community capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 28, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.