MSME VC Incubatee Application
MSME VC Incubatee Application
MSME VC Incubatee Application
Applicant Information
A
Abhishek Dubey
Applicant (entrepreneur) name
28 Yrs.
Age
C
Educational Qualifications
D
Postal Address
E
Telephone/mobile
F
Nil
Fax:
Biokleen.Diverzee@Gmail.com
Email:
www.biokleenz.com
Website (if any)
Business
Current
status
professional /employment
2
Company Information
A
Bhopal
Location from
operating
which
company is
Incubatee
Relationship with the
Incubator/ Host Institute
Business
Manufacturing
Company sector
Rs.8 lakhs
Investment in plant and machinery
(For
manufacturing
sector)/
Investment in equipment (For services
sector)
Micro
Company type: Definitions are given in
http://www.dcmsme.gov.in/ssiindia/defination_msme.htm
3
Project Information
A
Details
of
innovation
A1
proposed
idea/
Enzyme Based Cleaning
A6
What is already available in market? The
Detergent,
Multipurpose
What is the market potential? . What cleaners & FMCG market in India
value it would add in market
is estimated to be around
Rs.1500000 crores per annum, The
Detergent and cleaner segment
alone is around Rs 65000
crores.There is a huge potential for
environment friendly products as
the awareness, literacy levels have
grown, moreover as in developed
nations there could be restrictions
on conventional acid slurry based
washing and cleaning products, if
only the product performance and
the price line is effectively
maintained at a reasonable level the
new generation acid free, eco
friendly products are the future.
Every customer, retailer and retail
chain would prefer and use Bio
Kleen Diverzee products due to its
product performance, user friendly,
safety, easy handling, reasonable
cost and long term economy. The
demand is estimated to be around
Status
of
B1
Annexure 1
scheme
C3 Please give activity wise break-up Annexure 2
(Activities include
design/prototype
(Attached Herewith)
development/
lab/bench
scale
production/professional services/hiring
staff/
trials/test
marketing/miscellaneous)
4 Other Related Information
A Are there any team members/partner
and mentors/guides in your innovative
project. If so give name and complete
contact address with phone and email)
Partner :
Name :Mr. Virad Avasthi
Qualification: PGDBM (Marketing)
Exp: 8 Yrs Marketing Exp.(Cipla)
Mob : 09993561006
Email :virad@avasthi.com
Add:K-114,Ayodhya Nagar,Bhopal
Team Members :
Love Sharma & Nitin Srivastava
Mentors:
Prof.Shantanu Ghosh & Dr.Puneet
Gandhi
Guides:
Mr.Vinay Avasthi & Dr.Rao.
Expected total
investment (Rs)
A+B
Amount to be
arranged by
entrepreneur
(Rs)
A
Amount
requested from
MSME (Rs)
B
Notes:
1) Purpose of this program:
MoMSME is trying to help technology start-ups through technology business incubators (like
Venture Center) by providing some financial assistance. Typically, they are expected to
provide a maximum of Rs 4-8 lakhs per entrepreneur (typically, Rs 6.25 lakhs). The money
shall be made available as a grant.
The Venture Center has signed up for this program with the primary goals of helping
subsidize MSMEs in a) accessing technology and related services from technology providers
(like NCL) and b) seeking business and IP/ know-how planning services and support.
2) Summary of MoMSME instructions:
The MSME instructions indicate the following structure. While the categories and numbers are
not expected to be rigid, we expect that the overall budget will be Rs 6.25 lakhs.
The timelines for release of funds from MoMSME is not clear as yet. We are hoping the
MoMSME will release the first batch of funds in the coming months. (March-April-May 2009)
The money will be routed through Venture Center.
Requirements from the entrepreneur:
o The entrepreneur/ company has to invest at least 15-25% of the project cost. (15%
for micro and 25% for small and medium enterprises)
o MoMSME will require typical government reporting requirements. Receipts and
documentary evidence of expenditure will be asked. Reporting will have to be done to
Venture Center.
o The company is required to sign an agreement with Venture Center for the same.
o The company may be requested to present their case in front of a review/ monitoring
committee.
o Venture Center and MoMSME will list/publicize the company amongst grant awardee
of MoMSME Support Grant for Technology Entrepreneurship.
o Venture Center will list the company as its incubatee and extend privileges defined
for incubates which shall be announced from time to time at the VC website.