AUE Startup Incubator Program

The AUE Startup Incubator is a dynamic and nurturing environment designed to empower aspiring entrepreneurs in turning their innovative ideas into successful startups. We provide a comprehensive support ecosystem, including mentorship, resources, workshops, and networking opportunities.

Our incubator welcomes individuals with innovative ideas, regardless of their background or experience. Whether you have a fully developed idea, a nascent concept, or a passion for entrepreneurship, we encourage you to apply.

While having a team is beneficial, it is not a requirement. If you don’t have a team, our incubator offers the opportunity to connect with like-minded individuals who share your vision and skills.

Absolutely. If you’re passionate about entrepreneurship but haven’t yet identified a specific idea, you’re still encouraged to apply. Our program provides resources and guidance to help you explore and refine your startup concept.

We offer a range of support, including mentorship from industry experts, workshops to enhance your skills, resources for prototyping and testing, access to our innovation center, and guidance in business model development and validation.

To apply, visit our website’s “Apply” section and complete the online application form. Provide a brief overview of your startup idea, your motivation for joining the AUE Startup Incubator, and your expectations from the program.

We evaluate applications based on the uniqueness and potential impact of your idea, your commitment to the startup journey, and your openness to learning and adaptation.

Shortlisted applicants will be invited for an interview to discuss their idea and aspirations further. The interview is an opportunity for us to learn more about you and for you to learn more about our incubation program.

At the AUE Startup Incubator, we’re dedicated to supporting you throughout your startup journey. The duration of the program can vary, but our commitment remains steadfast. You can remain part of the program until your company transitions out of the startup phase. We understand that each startup’s timeline is unique, and we’re here to provide guidance, resources, and mentorship for as long as you need them. Your success is our priority, and we’re excited to be by your side as you navigate the entrepreneurial landscape.

Our program is designed to support early-stage startups. If you have an established business seeking mentorship, resources, and growth strategies, you are welcome to apply and discuss how our program can benefit your journey.

Joining the AUE Startup Incubator is absolutely free for students. We’re committed to providing aspiring entrepreneurs with the support they need to thrive. Instead of upfront fees, we offer an equity agreement with selected startups. This means that if your startup succeeds, a portion of your equity will be allocated to AUE Startup Incubator. This aligns our success with yours and underscores our dedication to nurturing startups without placing financial burdens on student entrepreneurs.

At the AUE Startup Incubator, we offer a unique funding model designed to empower student startups without requiring them to secure external investments. Students who join our incubator have the opportunity to pitch their startup ideas to our internal committee.

If your idea is selected, you may be eligible for a range of funding options tailored to your startup’s specific needs. These options include:

• App and Web Development: We will actively assist in the development of your digital products, including apps and websites, with all development costs covered by the university.
• External Office Space: For those startups that require a physical workspace, we secure external office space, providing you with a professional environment to grow your business, and the costs are covered.
• Patent Filing: If your startup idea involves intellectual property that requires patent protection, we will manage the legal process for you, ensuring your innovation is safeguarded, and all expenses are covered.
• Interns: To support your startup’s growth and operations, we will actively help you recruit interns with the necessary skills, and the costs associated with these interns will be covered.
• Required Licenses: If your venture requires licenses or permits, we will guide you through the licensing process and assist in obtaining the necessary approvals, with associated fees covered.

It’s important to note that not all funding options may be available to every startup, as the committee’s decisions will be based on the unique needs and viability of each idea. Furthermore, these funding options come without any upfront costs to you. Instead, the university will take an equity stake in your company in exchange for our active support and resources, allowing you to focus on building your business.

Upon successful completion of the program, you’ll have the tools, skills, and network to continue growing your startup. You will also have the opportunity to connect with our alumni community and continue benefiting from our resources.