StartupCell - GEC Aurangabad

GEC Aurangabad Startup Cell

Empowering students to innovate, launch, and grow successful startups. We provide the right environment, resources, and opportunities to turn ideas into reality.

Innovation & Creativity

We encourage out-of-the-box thinking and cutting-edge technological solutions.

Incubation & Support

Access resources, guidance, and a collaborative workspace to accelerate growth.

Networking & Collaboration

Connect with industry experts, investors, and like-minded entrepreneurs.

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Mission & Goal - StartupCell Office

Our Mission & Vision

Building Biharโ€™s Startup Legacy

Hon'ble Chief Minister, Bihar

Shri Nitish Kumar

Hon'ble Chief Minister, Bihar

Hon'ble Minister, Industry Dept, Bihar

Shri Nitish Mishra

Hon'ble Minister, Industry Dept, Bihar

StartupCell Office at GEC Aurangabad is dedicated to:

  • Empowering entrepreneurs with resources, mentorship, and funding.
  • Supporting the transformation of ideas into impactful startups.

Our mission focuses on:

  • Creating an innovation-driven ecosystem within Bihar.
  • Reducing migration by fostering sustainable business growth.
  • Collaborating with industry leaders, investors, and policymakers.

We align with Viksit Bharat 2047 to:

  • Position Bihar as a key player in Indiaโ€™s economic and technological growth.
  • Encourage long-term development and entrepreneurship.

๐Ÿ”” Latest Updates & Announcements

Event Details

๐ŸŒŸ Upcoming Events

Stay updated with our latest events, workshops, and hackathons!

Chhatra Sansad 2025

Chhatra Sansad 2025 โ€“ GEC Aurangabad

Date: 08/04/2025

Time: 2:00 PM

Location: College Auditorium

๐Ÿš€ Highlight: Launch of Startup Cell Website

Register Now About
Inoverse 2.0

Inoverse 2.0 โ€“ 2025

Date: Prize Distribution April 8, 2025

Time: Update Soon

Location: GEC Aurangabad Campus

Join the ultimate hackathon where innovation meets technology.

Winners - Results Out! ๐ŸŽ‰
AI & Blockchain Workshop

AI & Blockchain Workshop

Date: To Be Announced

Time: To Be Announced

Location: Tech Auditorium

Learn the latest trends in AI & Blockchain from industry experts.

Register About
Startup Bihar FAQ

Frequently Asked Questions

StartupCell Aurangabad is an initiative at GEC Aurangabad, Bihar, aimed at fostering entrepreneurship, innovation, and business development among students and young professionals.

The Bihar Startup Policy provides funding in 3 stages:
1. Seed Fund โ€“ โ‚น4 Lakh after final selection & company registration.
2. Post-Seed Fund โ€“ โ‚น6 Lakh for startups showing potential growth.
3. Early Stage Fund โ€“ โ‚น15 Lakh for scaling successful startups.

To register a Private Limited Company, follow these steps:
1. Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN).
2. Apply for company name approval via the MCA portal.
3. File incorporation documents (SPICe+ form) with the Ministry of Corporate Affairs.
4. Obtain Certificate of Incorporation and PAN/TAN.
5. Open a bank account and start operations.

A Private Limited Company must have at least two directors, while a Public Limited Company must have a minimum of three directors.

A startup must meet the following criteria:
1. Must be certified under Bihar Startup Policy 2017/2022.
2. At least 3 months must have passed after receiving the โ‚น10L seed fund.
3. Turnover must be โ‚น25L (Product) or โ‚น20L (Service).
4. Must employ 5-10 people for at least 3 months.
5. Either founder or employee must have technical knowledge of the business.
6. Startup must have shown 20% growth in the previous financial year.

The loan is repaid in Equated Monthly Installments (EMI) over 5 years after a moratorium of 2 years. A 5% simple interest is charged on the loan amount.

A startup must have earned a turnover of โ‚น25 Lakhs for a product-based entity or โ‚น20 Lakhs for a service-based entity.
Required documents:
  • Audited Balance Sheet
  • GST (output) Return
  • CA Certified Turnover Certificate (for newly formed entities without GST registration)

The startup must employ 5 to 10 employees (permanent or consultants) working continuously for at least 3 months.
Required documents:
  • Bank Statement
  • Salary Slips highlighting payments to employees

At least one founder or employee must have:
  • Educational background or technical knowledge relevant to the business idea
  • Testing report or certification from an incubation center (for tech-based startups)

  • Existing startups must show a minimum 20% growth over the previous financial year.
  • Newly formed startups must meet the turnover requirement of โ‚น25 Lakhs (product) or โ‚น20 Lakhs (service).
Required documents:
  • GST Returns of the current financial year
  • CA Certified Turnover Certificate (for newly formed startups without GST registration)

Recently Selected Seed Fund Startups

Startups under the mentorship of GEC Aurangabad

3D Shine Poster

Abhishek Chourha

Startup: 3D Shine - Dental Treatment Device

Drone Technology Poster

Vikash Kumar

Startup: Drone Technology

LMNC Poster

Anish Ojha

Startup: LMNC - Custom Fit Apparel

Startup Growth

๐ŸŒŸ Transforming Ideas into Reality

Join Biharโ€™s startup revolution and be a part of the change.

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Social Media Hub

๐Ÿ“ข Stay Connected with StartupCell GEC Aurangabad