MAGIC Business Incubator SME Accelerator Information

MAGIC - Marathwada Accelerator for Growth & Incubation Council is India's first regional association-led sector-agnostic business Incubator & SME accelerator, recognized by the Maharashtra State Innovation Society (MSInS) for supporting startups and accelerating growth of small and medium enterprises in the Marathwada region. MAGIC is a Special Purpose Vehicle (SPV) promoted by the Chamber of Marathwada Industries and Agriculture (CMIA) an apex body of industries, representing eight revenue districts of the Marathwada Region. MAGIC is a ‘not for profit organization’, registered as a Section 8 Company, under the Companies Act 2013. MAGIC was initiated, with the objective of addressing the needs of startups and budding entrepreneurs of the Marathwada Region. MAGIC aims to support and create early-stage Startups, by Mentoring and Educating Entrepreneurs, to scale up their innovative ideas into commercially viable businesses.