Yet another Incubator?
The question of whether we are just any other incubator or offer something unique has often come up. This first-of-its-kind incubator has the following advantages.
Eco Rejuvenation Campus
is India’s only rural-based incubation centre focusing on rural nano
entrepreneurship. It operates from an expansive eco-friendly campus with
residential facilities & scenic hillside view. It is located right in the
heart of rural Visakhapatnam.
Piggybacking on the extensive reach of BCT
over the past 46 years in over 200 villages, GIC is strategically located,
making it accessible to nearby villages.
GIC operates via a unique model for nano
entrepreneurship by empowering rural entrepreneurs to establish or scale up
their enterprises through mentoring, training and finally financial linkage for
better growth trajectory and focus on creating 'rural startups for rural
With a strong talent pool, GIC has
established cutting edge training sessions and residential facilities in a
sprawling 50 acre campus with scenic hill side view in the village of
Haripuram, Andhra Pradesh.
Women Entrepreneurship Program
Women entrepreneurs are playing an
increasingly important role in the business and economic growth in our
country. Women owned enterprises not only lead to their self sustenance
but also to high employment opportunities in the region.
This is increasingly
visible in rural areas too, where women were once confined only to their homes
and household chores.
With a vision to promote sustainable
development of rural women entrepreneurs, GIC is committed towards
strengthening women led businesses through training, mentoring and financial
assistance through peer organisations and investors.
PwD Entrepreneurship Program
People with Disabilities are often
considered a burden on their family, especially in rural areas.
The GIC PwD
support platform has been created to empower them and enable them as self-reliant
individuals who can contribute to society.
Despite their disabilities hampering the
day to day functioning of PwD’s, there are many success stories of PwD
entrepreneurs under GIC, who have overcome their challenges. GIC assists them
in establishing their livelihood, thereby making them self-reliant and be part
of the workforce.
The operational model of Grameena
Incubation Centre is based on a successful and dedicated community-driven
ideology. Our work process, involves the following aspects.
Conduct exploratory meetings with
Identify vulnerable and needy with interest
in entrepreneurship through self-selection
Create a platform for the selected
entrepreneurs& provide support at the incubation center& at their
Provide guidance, mentoring and other assistance
to strengthen business plans, validate business scalability & provide
linkages with NBFCs for financial support.
Primary challenge: Lack of
Unpredictability with Covid 19
Primary challenge: Lack of
reach and unique business ideas
low interest loans, failure of banks, tough loan disbursement.
For the 4th
batch of COHORTS, GIC surveyed more than 100 women retrenched from nearby SEZ's
and were looking for support in establishing a business to help them earn
a respectable livelihood. Mentoring of the fourth batch of 30
entrepreneurs commenced in December 2022, out of which 15 entrepreneurs have
been provided loans and financial aid for establishing their business.
Serving rural entrepreneurs and connecting local and nationwide startups
Connecting with local kirana entrepreneurs
Mentoring and grounded 10 women/PwD's
Training, implementation of Smart accounting system for rural entrepreneurs
Assessing of loans, collection, security and monitoring of timely payouts to NBFC
Mentoring, assisting in setup of portfolio, items for webportal
Facilitating and Knowledge partner