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MV–Commerce |The Product Commercialization Program

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About

MV – Commerce is a Maker Village program that supports startups in commercializing their validated technologies/products through preparing the grounds for market launch, validation in test markets and large scale commercialization. The program offers holistic incubation support including co-working space, mentoring, networking and focused training courses for startups with validated. Applications for admission to Maker Village will be made in the name of registered entity within the meaning of the Companies Act, 2013.

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Program Highlights

    • Infrastructure facilities such as physical office space, computing & communication facilities, fabrication and 3D printing machines and specific software on demand.
    • Access to Corporate-Startup Business connect platforms and mentorship programs composed of successful startup executives, venture capitalists, industry experts and academia. Free advisory from Experts- legal, CA, IP, fund raising.
    • Access to funding opportunities including Venture Capital connects and events like Demo Day.
    • Training courses will focus on product commercialization including commercialization process basics, commercialization action plan development including market segmentation and targeting, marketing mix, budgeting, product launch, channel management, product lifecycle management etc
    • Experienced consultants will provide support in strategy development, market research, business development, financial planning and human resource strategy.
    • IT Support: Online platform for HR, Cloud credits
    • Cash and grants:
      * Upfront cash of Rs. 5 lakhs (Rs. 2.5 lakhs for virtual incubation)
      * Application for EIR (30K/m) in first six months

You are Eligible to apply if ?

    • Direct applicants or MV IDEA Graduates or Any grant award winners
    • IP and Product Based Start-ups in the field of electronics system design and manufacturing (ESDM) domain
    • Proposals with clear Market/ User validation
    • Proposals with potentials for strong identifiable involvement or interaction with IIITMK faculty
    • Proposals which will have high growth potential, social and strategic impact
    • Proposals supported by any of GoI (central/state) initiatives, where Incubation support is a requirement.

For enquiries please email: makervillage@iiitmk.ac.in