Incubation
We foster and inspire local entrepreneurs in developing enterprises that deliver need based, sustainable energy driven solutions to underserved communities.
In 2014, SELCO Foundation recognised the need for a niche incubator, adopting a holistic solution approach to incubation. The approach looked at the development of both the enterprise and the ecosystem that the enterprise operates in. This is crucial to developing opportunities for social entrepreneurship.
Holistic Incubation ProcessesSupport that extends beyond training to business development support, partnerships and investments
Practitioner ExperienceLeverage on over 25 years of practitioner experience across the SELCO Family
Ecosystem SupportLocal ecosystem development through financial, technological linkages and skill development
Incubation Benefits
The SELCO Incubation center utilizes SELCO’s shared resources, management expertise, intellectual capital, and bottom-up learning over the past 22 years to enhance the capacity and vision of potential incubatees.
Access to working capital
Geographic and supply chain constraints
Lack of defined poor centric products
Access to innovation funding
Availability of trained workforce
Poorly formulated policies
Access to end-user credit
Understanding needs of the poor
Social mission retention and scale-up
Incubation Programs
Clean Energy Enterprises
This program supports and inspires grass-root level entrepreneurs in developing sustainable energy enterprises that deliver need based solutions to the community with a strong intent to replicate/scale the impact to multiple end users.
Energy Efficient Technology driven Enterprises
This program incubates enterprises which are working towards innovating and scaling energy efficient technologies that have a potential to impact the poor in a manner that is transformative and enables environmental or social sustainability.
AIC-SELCO Foundation
Atal Incubation Centre-SELCO Foundation was established in 2019 in partnership with the Atal Innovation Mission, Niti Aayog, Government of India. It is based out of Guwahati and enables and empowers sustainable energy based innovators and entrepreneurs to scale in the North East of India. It seeks to provide management expertise, intellectual capital, and hand holding support to enhance the capacity of potential local energy enterprises to innovate and deliver energy-based solutions to low-income communities in the North-Eastern region of the country. By building this human capacity and ecosystem for innovation and entrepreneurship, AIC-SELCO Foundation believes that the region can meet the United Nations Sustainable Development Goals (SDGs) in a manner that will lead to socially, financially and environmentally friendly solutions.