The MEMORANDUM OF UNDERSTANDING IS MADE BETWEEN THE PARTIES for the purposes mentioned hereunder :
Mutually devising support for selection and curation of companies and mentorship programs for interested students and startups.
Providing advisory support as recommended by AIC-MITADT.
Provide mentors to AIC-MITADT, as feasible over the lifecycle of incubation
Allow AIC-MITADT and/or it’s incubatees to visit the technical facilities / laboratories for enhancing their technical/business understanding.
Collaborating as key partner in facilitating institutional partners within each others’ ecosystem for advisory, mentoring and scale up
Devise and conduct entrepreneurial sessions as mutually agreed on pro-bono or paid basis as agreed between both parties.
Co-promoting mutual strengths and propositions in each other’s network including but not limited to use of logo in promotional material with mutual consent.
Startups getting the possibility to showcase their solutions to each others’ networks for lead generation.
AIC-MITADT shall invite delegates for participation in different events which shall be conducted at AIC-MITADT to participate and provide technical expertise during these events (Boot Camps, Demo Day, Hackathons, Investor Conference etc)