Virtual Incubation
MGUIF Offers incubation in two modes; Virtual Incubation and Incubation in our co-working space Startup can register their business after incubating with MGUIF or if already registered, can transfer their place of business to MGUIF In Virtual incubation, the incubate shall not be physically present in the facility. But they can form the company using the address provided by MGUIF.
This helps them reduce the cost of running their business during the early stages when revenue is very low. In incubation with co-working space, we provide individual seats for a monthly rent. Electricity, A/C and high speed internet are included in the rent. Apart from this, use of conference/meeting room, dining room facility, parking space, service of a receptionist, photocopying/printing facilities are available, with some of the services being payable.
The incubates can use the various investments MGUIF has made like the High Performance Computer, Spray Dryer etc… at a reasonable cost. MGUIF has a list of mentors with proven track record in their respective area, that will help them in scaling up their business. We have various schemes to help the startups and request you to contact info@mguif.com for more details
In virtual incubation, the incubatee shall not be physically present in MGUIF. But the startup can use the address provided by MGUIF for their company registration purposes.
It helps the entrepreneur to start off his business with minimal cost
Students, Faculty or any outsider, with an innovative idea and a strong business plan can apply for this