verified_user Official Policy v2.4

Founder-First, Always.

Transparent. Fair. Founder-Protective. The rules of engagement for building the future at KEIC Foundation.

Incubation Policy

TL;DR

The "Give & Get"

We provide the launchpad, you provide the execution.

Standard 2-4% equity for full incubation support. No hidden fees. No clawbacks on failure.

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check_circleMentorship
check_circleCloud Credits

IP & Ownership

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Your Idea, Your Asset.

Students retain 100% ownership of intellectual property developed during incubation, unless university resources significantly contributed to the invention.

Grant Usage Guidelines

check Permissible

  • add_circleProduct Development
  • add_circleMarketing & User Acquisition
  • add_circleLegal & Incorporation

block Prohibited

  • cancelFounder Salaries
  • cancelPersonal Electronics
  • cancelDebt Repayment

Privacy & Terms

Data Protection: We collect minimal data required to process applications. We comply with DPDP Act, 2023.

Confidentiality: Your pitch decks are treated with confidentiality.

Code of Conduct: KEIC Foundation is a safe space for builders. Any form of harassment results in immediate expulsion.

Website Terms Cookie Policy Grievance Redressal

Ethics & Compliance

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Academic Integrity

All ventures must comply with university academic policies. Plagiarism or IP theft results in immediate removal.

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Inclusive Environment

We foster diversity. Discrimination based on gender, religion, or background is strictly prohibited.

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Legal Compliance

All incubated startups must comply with Indian laws including GST, Companies Act, and labour regulations.

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NDAs & Confidentiality

Founders must sign NDAs where applicable. We protect your ideas within reasonable limits.

Mentorship Agreement

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What You Can Expect From Mentors

  • checkWeekly 1:1 office hours (30-60 minutes)
  • checkStrategic guidance on product, market, and fundraising
  • checkWarm introductions to relevant investors and partners
  • checkHonest feedback, even when it's uncomfortable
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What's Expected From You

  • checkShow up prepared with specific questions and updates
  • checkExecute on feedback within agreed timelines
  • checkRespect mentor's time—be punctual, communicate proactively
  • checkReport progress through weekly standups and milestone updates

Conflict Resolution

We understand that conflicts can arise—between co-founders, with mentors, or regarding IP matters. KEIC Foundation provides a structured resolution process to handle disputes fairly.

1

Informal Mediation

First, reach out to your assigned mentor or program manager. Most issues can be resolved through open dialogue.

2

Formal Grievance

Submit a written complaint to the KEIC Foundation Grievance Cell. Resolution within 14 working days.

3

Arbitration Panel

For unresolved disputes, a 3-member panel (1 founder rep, 1 KEIC Foundation rep, 1 external) makes the final binding decision.

info All disputes are subject to Gurugram jurisdiction. Legal proceedings, if any, shall be conducted in Hindi or English.