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Icreate India

Join us to create MAGIC

Please contribute NOW since every Rupee of your contribution till December 31,2016, will be matched by another from a matching grant! 


Every one lakh Rupee in the MAGIC FUND will help up to 4 budding entrepreneurs each year in perpetuity. 

 

What is MAGIC FUND?

MAGIC (Mentor and Angel Group of I Create) Fund is a donation based seed capital assistance fund. This fund has been created by I Create India through the generous contributions of many individuals and organizations. The focus is on providing hassle free and low cost access to capital to the aspiring entrepreneurs who have been trained by I Create and who have a viable business plan and an implementation strategy.

As the corpus of the MAGIC fund is created through donations, we are able to provide assistance without charging any interest. The recipients of the assistance are required to pay back the amount received as assistance as per agreed repayment plan together with a small service fee to take care of collection efforts and other related expenses.

 

Donations are utilized for providing seed capital assistance and not for meeting overhead expenses.

Your desire to help disadvantaged members of society progress economically through entrepreneurship route is a noble one. 

Upcoming Events

  • National Business Plan Competition (NBPC) on January 28th, 2017 at Goa.
  • Leadership Meet on January 29th, 2017 at Goa.

Magic Fund Beneficiary

  • MAGIC (Mentor and Angel Group of I Create) Fund is established to help I Create trained Aspiring Entrepreneurs with Seed Capital Assistance. This is a donation based revolving fund.
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