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ACIC-VGU Foundation

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Sh. Gaurav Sharma

CEO, ACIC-VGU Foundation

ACIC-VGU Foundation, established under the aegis of Atal Innovation Mission, NITI Aayog, is a premier incubation centre dedicated to fostering innovation and entrepreneurship in Tier 2 and Tier 3 cities. Based at Vivekananda Global University, Jaipur, the foundation empowers early-stage startups, student innovators, and grassroots entrepreneurs through structured incubation support, mentorship, funding access, and hands-on lab facilities.

With a sector-agnostic approach and a strong emphasis on deep-tech, agritech, sustainability, and social innovation, ACIC-VGU Foundation has incubated over 140+ startups and impacted 15,000+ aspiring entrepreneurs through bootcamps, 60+ partnerships, 50+ mentors onboarded, 200+ events conducted, and cohort programs. The centre regularly collaborates with government bodies, investors, academic institutions, and industry leaders to catalyze inclusive innovation and job creation.

Equipped with cutting-edge facilities like 6 prototyping labs, coworking spaces, and dedicated studios, the foundation is committed to nurturing scalable ventures with a vision of "Innovation for Everyone." ACIC-VGU Foundation stands as a beacon of VGU’s mission to empower young minds and strengthen India’s entrepreneurial backbone from the grassroots.

To strengthen its mission, ACIC-VGU Foundation implements and facilitates several key government schemes, including:

  • MeitY GENESIS (Govt. of India): Supporting deep-tech startups through grant-based EiR fellowships and prototype funding. Sanctioned Amount: ₹10 Cr
  • DST NIDHI-SSP: Financial assistance for early-stage tech startups under the NIDHI Seed Support Program. Sanctioned Amount: ₹4 Cr
  • Startup India Seed Fund Scheme (SISFS): Providing early-stage capital for product development and market launch. Sanctioned Amount: ₹2 Cr
  • HDFC Parivartan: Empowering social and impact-driven startups with financial support and ecosystem access. Sanctioned Amount: ₹35 Lakhs

ACIC-VGU Foundation continues to drive inclusive innovation by offering the resources, mentorship, and funding necessary for startups to scale and succeed, thus contributing to India's vibrant startup ecosystem.