Admission Process/ Criteria

Eligibility:

• The candidate must have passed a Bachelor’s degree (Graduation – 10+2+3) in any discipline with a minimum of 60% marks.
• The candidate must be an Indian citizen and currently residing in either Andhra Pradesh or Telangana.
• Candidates with an existing running venture of one to two years may also apply, provided the venture is not registered but is currently operational in Andhra Pradesh or Telangana. Only the main founder of the venture is eligible to apply and must be willing to pursue this program. Applicants must submit the existing business plan and relevant details of the venture.
• Candidates are required to mandatorily sign an agreement stating that they will legally register their venture, in accordance with the Companies Act, 2013, Government of India, after completion of the Academic Training Module of the program.
• Each candidate must register their enterprise/venture at the permanent address (within Indian territory) provided during the admission process.
• Good communication skills are required; proficiency in English is mandatory.
• Candidates must apply with only one entrepreneurial idea during the application process.
• Candidates should be in the age group of 22–40 years as on the last date of application submission.
• Candidates must submit two government-issued ID proofs to verify age at the time of application.
• The enterprise created by each candidate must bring a minimum investment of INR 5.00 lakh after registration and must maintain the investment until completion of the program.
• Finally selected candidates are required to deposit an amount of INR 40,000 at the time of program registration. This amount is a refundable deposit and will be returned after successful completion and graduation from the program.
• Non-Resident Indians (NRIs) and foreign nationals are not eligible to apply.

Selection:

The Screening committee under this program shall conduct the screening and shortlist the candidates. The selection committee shall conduct the necessary processes which may include a personal interview or other types of assessment (online/Physical) for selection of the suitable candidates. The final list of selected candidates will be published and offer letter with guidelines will be issued.

 

In all matters of selection for 30 candidates such as screening, shortlisting, etc., the interpretation and decisions of the relevant and competent Authority (The Program Directors) shall be final and binding.