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The Maharashtra Virtual Incubation Centre (MVIC) is being established by the Maharashtra government in collaboration with 91Springboard Business Hub Pvt. Ltd., a leading co-working space provider that offers amenities like office infrastructure, administrative support, mentoring, access to networks, and community. Startups in Maharashtra would be given preferred access to MVIC's incubation-related goods and services, such as legal, finance, intellectual property, cloud, and mentoring.
MVIC seeks to promote innovation and entrepreneurship in Maharashtra by creating a positive environment for startups to develop and expand their enterprises. Startups can access resources and services remotely through this virtual platform, which is practical and affordable. Access to co-working spaces, networking opportunities, and other services that can aid entrepreneurs in growing and thriving will also be provided by MVIC. 91Springboard will either offer direct access to the services or will do so through vendors or service providers who meet the necessary qualifications. In the initial phase, the MVIC platform is being made available to 300 companies that are registered in Maharashtra and have received government of India (DPIIT) recognition.
The numerous services offered include those in finance, taxation, and accounting as well as payment gateways, investment management, and other things. Infrastructure for technology, including cloud services, website design, application development, etc. Legal assistance with compliance, M&A services, and IP filing. CRM programs, digital marketing tools, and marketing analytics are examples of marketing tools. Services for product development and prototyping. Co-working spaces, office buildings, and incubator support are all examples of office spaces. Learning and mentoring. Additional services, including access to the investing community and hospitality. Startups with Maharashtra incorporation that have received DPIIT recognition may register their interest in the MVIC on the organization's website.
91Springboard is a co-working space provider based in India, offering flexible workspace solutions for entrepreneurs, startups, freelancers, and small businesses. With more than 25 locations across major cities in India, 91Springboard provides its members with access to high-speed internet, meeting rooms, event spaces, and other amenities. The company also offers various support services, including mentorship, funding assistance, legal and accounting advice, and marketing support, to help members grow their businesses.
A Virtual Incubation Centre (VIC) is a digital platform designed to support early-stage startups and entrepreneurs by providing access to resources, mentorship, and networking opportunities. VICs offer a virtual environment for entrepreneurs to collaborate, share ideas, and access a range of services such as business development support, funding advice, and marketing assistance. Through online tools and platforms, VICs enable entrepreneurs to connect with mentors, investors, and other experts in their field, regardless of geographical location. VICs have emerged as a viable alternative to physical incubators, particularly in light of the COVID-19 pandemic, which has made remote work and virtual collaboration more prevalent.
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