Marathwada Accelerator for Growth and Incubation Council (MAGIC) Aurangabad is Business Incubator (BI), Recognized by Maharashtra State Innovation Society (MSInS), Government of Maharashtra. MAGIC is also approved Host Institute/Business Incubator under Scheme to Support Entrepreneurial and Managerial Development of MSMEs through Incubators, Ministry of MSME, Govt, of India for supporting Startups and Accelerating Growth of Small and Medium Enterprises (SME’s) in Marathwada Region of Maharashtra State.
Chamber of Marathwada Industries and Agriculture (CMIA) is the apex body of industries, representing Small, Medium, Large and MNC’s in the eight revenue districts of Marathwada Region of Maharashtra State and has established a Special Purpose Vehicle (SPV) Marathwada Accelerator for Growth and Incubation Council (MAGIC) Aurangabad. MAGIC aims to support and acts as catalyst in the establishment of early stage Startups by Mentoring and Facilitating Entrepreneurs, to convert their innovative ideas into commercially viable enterprises.
Currently MAGIC is Incubating/Supporting 12 Startups at its premises at the Chamber of Marathwada Industries and Agriculture (CMIA) Aurangabad. MAGIC has provided ‘One on One’ Mentorship to 100 plus Startups from the Marathwada Region, Maharashtra State. We help Startups in Networking and establishing Linkages for scaling-up their operations and also connect them with investors. MAGIC plays a catalytic role in bridging the skill gap and promoting innovations for entrepreneurship development the region.
- Promoting Innovation.
- Promoting Startup Eco-system in Marathwada Region.
- Mentoring and Nurturing Stratups.