CMIA’s MAGIC

About US
Chamber of Marathwada Industries & Agriculture (CMIA) is the Apex body of Industries with it’s HQ at Aurangabad and members from 8 Revenue Districts of Maharashtra which constitute Marathwada region. CMIA is celebrating it’s Golden Jubilee this year and has membership of more than 750 members from Micro , Small , Medium , Large Industries including MNC’s in the region. CMIA is NABET accredited BMO and acting as Catalyst for growth & Development of Industries in the region.
Over the years CMIA has established Marathwada Auto Cluster a PPP project for creating CFC for Auto Component Industries with total investment of 82 Cr.
CMIA is also in the process of establishing Electronics Cluster with investment of 52 Cr for catering to ESDM sector through a SPV for creating CFC.
CMIA has established a Special Purpose Vehicle (SPV) & launched it’s Business Incubator & Accelerator for supporting Startups & SME’s to Accelerate. This Business Incubator has got recognition of Maharashtra State Innovation Society (MSInS) of Govt of Maharashtra. For last 3 years this Business Incubator is in operation has conducted many programs & workshops for building Start-up Ecosystem in the region and now incubating 5 Startups .
Objective of MAGIC
  1. Promoting Innovation.
  2. Promoting Startup Eco-system in Marathwada Region.
  3. Mentoring and Nurturing Stratups.

Currently MAGIC Incubated 4 startups at CMIA Premises. We provide basic facilities required for the startups such as office infrastructure, mentoring support and networking opportunities to get connected with entrepreneurs in Marathwada Region.

MAGIC is created to support the new entrepreneurs for achieving the better growth and inculcate the entrepreneurship zeal among young minds to work for finding the solutions for social issues, which further can be develop as a commercial ventures. MAGIC is collaborated with Marathwada Auto Cluster (MAC), Government Engineering College Aurangabad GECA), Indo-German Tool Room (IGTR), National Institute of Electronics and Information Technology (NIELIT), Maharashtra Institute of Technology (MITA), Dr. Dr. Babasaheb Ambedkar Marathwada University (Dr. BAMU) and Shri Guru Gobind Singhji Institute of Engineering and Technology (SGGSIET) Nanded to provide overall support to budding entrepreneurs in Marathwada Region. 

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VISION

To create entrepreneurial eco system in the Marathwada region by bridging the gap between academia and industry through sustainable and scaleable interventions. To promote Marathwada region as one of the most preferred destiny for investment.

MISSION

We at CMIA’s Marathwada Accelerator for Growth & Incubation Council wish to create eco-system for encouraging startups to develop Entrepreneurship by providing conducive environment. We will nurture startups / SME from idea to enterprise by fostering idea validation, product development, proto-type, and commercialization through CMIA’s strong network.

We will provide through our resources ,hand holding of gen- next talent to raise up to high business value chain in Energy, ESDM, Defense, Automobile and Agriculture sectors to contribute in make in India & building our nation.

Activities

Startup Weekend | Design Thinking Lecture & Workshop | Mentoring | Boot Campus | Visit to various incubators | Awareness Camps | Motivational Lectures

Activities of SME Accelerator

Survey of SME entrepreneur dreaming 10x growth in Turnover ProfitBoot Camp for understanding their constrains / obstaclesArranging mentors to each unitDecide action plan & implement

Idea Validation

Terminology Resource Sharing

Funding by VC/FI

Conceptualization

Validation & Certification

Intellectual Property Creation

Mentoring & Networking

Prototyping Support

Marketing Support

THRUST AREAS

CMIA’s Initiative to attract Businesses in Energy, Defence, Railways, Agriculture & ESDM shall call for huge talent pool and opportunity for growth.

CMIA’s active role in central institutes and academia shall help collaboration for incubation centre.

Strong industry-institute initiatives through various cells like Energy, Innovation, E.H.S. and Automation, enables identifying potential incubates.

CMIA’s connect with ICT, IESA, GIZ, EEPC, TIE, CII, ACMA, MACCIA, NPC, and QCI will facilitate speedy startup support for technology, Govt. policies, market potentials.

CMIA’s active role in upcoming ICT, DMIC, DRYPORT, Communication corridor will bring opportunities at the door step of start ups.

CMIA’s initiatives regarding cluster development will bring collaborative and complimentary business culture in the region. This will boost the acceleration of startups.

 PROJECTED TARGETS

Year 1

Year 2

Year 3

Number of startups that will be incubated 7 10 15
 Number of Startup Accelerators  2  4  6
 Number of Hackathons Proposed  2  4  6
 Number of other Intensive Training Programs (Not Counting Hackathons/Accelerators) for early stage startups proposed  6  12  18
 Number of Mentors who will be available 10  15  20
 Number of Start-Ups that will receive external funding  1  3  5
 Number of events outside the premises/campus of the applicant entity  3  5  7
 Number of start-ups that will graduate/exit* start-ups  0  1  3

Marathwada Accelerator For Growth and Incubation Council

The Marathwada Accelerator and Incubation Council project is initiated with an aim to address the needs of Start-ups. It further aims to cater to the entrepreneurial needs of the young and emerging entrepreneurs in the Marathwada region.

 

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