AIC RAISE Monthly Update - April 2024

Greetings, Innovators!

Welcome to the April edition of the AIC RAISE newsletter, where we bring you the latest updates, insights, and opportunities from the dynamic world of innovation and entrepreneurship. As spring blooms around us, so does our enthusiasm for fostering creativity and driving positive change. In this edition, we delve into exciting developments, showcase inspiring stories, and highlight upcoming events that promise to ignite your passion for innovation. Join us as we embark on a journey of discovery, collaboration, and growth. Let’s raise the bar together!

1.AIC RAISE's Podcast on Sustainability Makes Waves:

AIC RAISE’s latest podcast, “Impact Through Sustainability” explores how businesses can integrate sustainable practices. Featuring Anupa Velusamy, Founder and CEO of KOVAI BSF, the episode offers practical tips for companies of all sizes.
Listen and learn how to make a positive environmental and social impact through sustainable business practices. You can click on this link to listen to the podcast: https://shorturl.at/avFJX

2.AIC RAISE Partners for Graphene Breakthrough

We are delighted to announce a strategic collaboration between AIC RAISE, Rathinam Research Hub, and Terracarb Pvt. Ltd. This partnership signifies a commitment to advancing research in graphene technology. Terracarb, a leader in this field, brings its expertise in chemical precursors, facilitating the techno-commercialization of graphene.
Together, we are dedicated to pushing the boundaries of innovation and shaping a brighter future. Stay tuned for updates on our progress as we work towards realizing our shared vision.

3.AIC RAISE Shares Expertise at Startup Seed Fund Workshop

AIC RAISE representatives recently participated in the Startup India Seed Fund Scheme workshop in Kochi. The event provided a platform for knowledge exchange with esteemed guests like Sanjiv Singh, Joint Secretary DPIIT, and other South Indian incubation centers involved in the Startup India scheme.
This collaborative effort underscores our commitment to fostering innovation and supporting startups.

4.CSI College of Engineering Students Spark Innovation at AIC RAISE

The future of innovation is bright! A group of enterprising students from CSI College of Engineering, Ketti, Nilgiris, visited AIC RAISE this month, igniting their entrepreneurial spirits.

AIC RAISE provided a platform for these budding innovators to explore the exciting world of startups. Through this interactive session students gained valuable insights into the entrepreneurial journey. They were exposed to the challenges and rewards of launching and growing a successful business.
This visit served as a springboard for the students’ entrepreneurial aspirations. By nurturing their curiosity and fostering a creative environment, AIC RAISE empowers the next generation of entrepreneurs.

5.AIC RAISE Incubated Startups Secure ₹32.8 Million in Funding!

AIC RAISE is happy to announce that ₹32.8 Million has been funded in our incubated startups through various schemes in the Financial Year 2023-2024.

This achievement reflects AIC RAISE’s unwavering commitment to nurturing innovation and empowering startups. By providing critical resources, mentorship, and connections, AIC RAISE has played a pivotal role in the success of these ventures.
These funds will fuel further growth for our incubated startups, enabling them to translate their ideas into impactful solutions. We look forward to celebrating their future milestones!

6.AIC RAISE and Startup Chaupal: Powering Up Startups

We’re happy to announce our partnership with Startup Chaupal! Together, we’re committed to nurturing the startup ecosystem through mentorship programs, networking events, and workshops. By combining our expertise and resources, we aim to empower aspiring entrepreneurs to succeed in their ventures. This collaboration signifies a step forward in creating a supportive environment for innovation and entrepreneurship to thrive.

7.AIC RAISE Celebrates World IP Day by Empowering Students

On World Intellectual Property Day, AIC RAISE ignited a spark of innovation in young minds! We conducted a special session for students, delving into the fascinating world of Intellectual Property Rights (IPR). This interactive session demystified IPR concepts like patents, copyrights, and trademarks. Students gained valuable insights into how these rights protect their creativity and inventions.

The session not only educated future entrepreneurs but also encouraged a culture of
innovation and respect for intellectual property.By empowering students with
knowledge of IPR, AIC RAISE is fostering a generation of innovators who can confidently
bring their ideas to life!

7.AIC RAISE Celebrates World IP Day by Empowering Students

On World Intellectual Property Day, AIC RAISE ignited a spark of innovation in young minds! We conducted a special session for students, delving into the fascinating world of Intellectual Property Rights (IPR). This interactive session demystified IPR concepts like patents, copyrights, and trademarks. Students gained valuable insights into how these rights protect their creativity and inventions.
The session not only educated future entrepreneurs but also encouraged a culture of innovation and respect for intellectual property.By empowering students with knowledge of IPR, AIC RAISE is fostering a generation of innovators who can confidently bring their ideas to life!

8.AIC RAISE Partners with IDFC First Bank for Startup Banking Solutions

We’re excited to announce a partnership between AIC RAISE and IDFC First Bank, effective April 30th, 2024. This collaboration aims to empower startups with the essential banking and financial solutions they need to thrive.
Through this partnership, AIC RAISE startups will gain access to:
  • Tailored banking products and services: IDFC First Bank will offer a comprehensive suite of banking solutions designed to meet the specific needs of startups.
  • Financial expertise: Startups can benefit from IDFC First Bank’s experienced team, who can provide guidance and support on various financial matters.
This collaboration is a significant step forward in supporting India’s growing startup ecosystem. Stay tuned for further details on how AIC RAISE and IDFC First Bank will be working together to fuel the success of our nation’s innovative ventures.

9.Join RAISEIncubation: Elevate Your Environmental Startup!

RAISEIncubation, an incubation program by AIC RAISE in association with Wadhwani Foundation, is dedicated to supporting MVP++ stage startups from Tier 1, Tier 2, and Tier 3 cities. If your startup has a market-tested Minimum Viable Product (MVP) and early or pilot customers, and you’re eager to secure Product-Market Fit (PMF) and validate your business model, this program is tailored for you.
To be eligible, your startup must be at the MVP stage, registered in India, and not exceed 2 years in age. RAISEIncubation offers expert guidance and mentorship from industry leaders, community building opportunities to connect with like-minded environmental entrepreneurs, access to resources and support for refining your solution, and assistance in securing seed funding to fuel growth.

Registration closes on May 15th, so secure your spot today at
http://bit.ly/RAISEincubation.
For more information, contact us at 88707 84354 or email chandrika@aicraise.com.

As we wrap up this month’s newsletter, we’re grateful for the milestones achieved and the collaborations formed at AIC RAISE. Together, we’re fostering innovation and entrepreneurship, empowering students, and strengthening the startup ecosystem. Stay tuned for more updates and exciting developments as we continue our journey of growth and impact.

Thank you for being a part of our community!

EDU BRIDGE AWARD FOR SCHOOL PRINCIPAL EXCELLENCE - 2023

PART - A
Background Information