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
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.
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.
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.