MAGIC Business Incubator SME Accelerator

MAGIC Business Incubator SME Accelerator MAGIC - Marathwada Accelerator for Growth and Incubation Council is Sector Agnostic Incubator and SM

CMIA's - MAGIC (Marathwada Accelerator And Incubation Council) initiated with the objective of addressing the needs of Start-Ups and catering to the needs of young, budding, talented entrepreneurs of the Marathwada Region. To create a world-class startup infrastructure, CMIA (Chamber of Marathwada Industries and Agriculture) has taken many new initiatives, MAGIC is started to support the new entre

preneurs for achieving better growth and inculcate the entrepreneurship zeal among young graduates to work for finding the solutions for technical and social issues, which further can be developed as a startup.

MAGIC was delighted to host the team from India’s Translational Research Initiative (ITRI) during their visit to Chhatra...
27/05/2026

MAGIC was delighted to host the team from India’s Translational Research Initiative (ITRI) during their visit to Chhatrapati Sambhajinagar to understand the region’s growing startup, manufacturing and innovation ecosystem.

The ITRI team interacted with MAGIC leadership to explore opportunities for collaboration in translational research, innovation infrastructure and support systems for startups and MSMEs. Discussions also focused on the potential for developing a Hub & Spoke model connected with premier institutions like IIT Madras and IIT Delhi through deployment of philanthropic capital.

The visit reflects the growing national attention towards Tier-2 innovation ecosystems like Chhatrapati Sambhajinagar and their role in India’s deep-tech and manufacturing growth journey.

About ITRI: India’s Translational Research Initiative (ITRI) is a national initiative focused on strengthening India’s translational research and industrial innovation ecosystem by bridging the gap between research, prototyping and commercialization. ITRI works with leading academic institutions, industry partners and philanthropists to create advanced testing, prototyping and applied R&D infrastructure that supports startups, MSMEs and deep-tech innovation. Through a collaborative Hub & Spoke approach connected with institutions like IIT Madras and IIT Delhi, ITRI aims to enable technology development and scale-up across emerging manufacturing and innovation clusters in India.

MAGIC Business Incubator facilitated the visit of the India’s Translational Research Initiative (ITRI) team to Marathwada Auto Cluster, Deogiri Electronics Cluster, Endurance Technologies during their Chhatrapati Sambhajinagar ecosystem tour.

The discussions focused on opportunities and challenges in advanced manufacturing, EV components, materials development and technology transfer for the Indian automotive sector.

The interaction provided valuable insights into how industry-academia collaboration and translational research infrastructure can help bridge gaps between innovation, industrial experimentation and commercialization.

Strengthening Startup Financial ManagementMAGIC successfully organized a Startup Capacity Building Training Program on “...
25/05/2026

Strengthening Startup Financial Management

MAGIC successfully organized a Startup Capacity Building Training Program on “Working Capital & Cash Flow Management for Startups” on 23rd May 2026.

The session was conducted by Mr. Prasad Kokil, Managing Director, MAGIC, who provided valuable insights on working capital management, cash flow planning, financial discipline, fund allocation, and strategic financial planning essential for startup growth and sustainability.

The program witnessed participation from over 50 startup representatives through both online and offline modes. Participants actively engaged in discussions, shared real-world financial challenges, and received practical guidance on overcoming early-stage financial management hurdles.

The session began with engaging activities and quizzes conducted by Mr. Raghvendra Kulkarni, Incubation Manager, MAGIC, encouraging interactive learning and participation from startups.

The introductory remarks were delivered by Mr. Devidas Rathod, General Manager, MAGIC, who emphasized the importance of financial planning and disciplined ex*****on for startup success.

The training concluded successfully with enthusiastic participation and positive feedback from attendees.

Startup Capacity Building WorkshopTopic: Working Capital & Cash Flow Management for StartupsJoin us for an insightful se...
21/05/2026

Startup Capacity Building Workshop

Topic: Working Capital & Cash Flow Management for Startups

Join us for an insightful session by Mr. Prasad Kokil, Managing Director – MAGIC, focused on managing finances, cash flow, and working capital effectively for startups.

📅 Date: Saturday, 23rd May 2026

⏰ Time: 03:30 PM – 05:30 PM

📍 Mode: Online / Offline

🏢 Venue: MAGIC Office, P2, CMIA Bajaj Bhavan, Railway Station MIDC, Chh. Sambhajinagar

📌 Register now:

https://forms.gle/1yxGisEjb5R6soiQ7

MAGIC recently hosted the Constitution Meeting of the Divisional Management Committee of the Chh. Sambhajinagar Division...
21/05/2026

MAGIC recently hosted the Constitution Meeting of the Divisional Management Committee of the Chh. Sambhajinagar Division of SAEINDIA Western Section.

SAEINDIA is an ecosystem partner of MAGIC, working together to promote innovation, technical excellence, and create meaningful opportunities for students, innovators, and young professionals in the region.

The interaction also highlighted the importance of collaborative efforts in advancing innovation, skill development, leadership, and technology-focused initiatives.

MAGIC welcomes such engagements with SAEINDIA that contribute towards strengthening the regional innovation and engineering ecosystem.

Innovation Technology IndustryAcademia Automotive Aerospace

MAGIC congratulates Win Win Bites LLP and its founder on being declared the winner at the Pune Agri Hackathon 2026 under...
21/05/2026

MAGIC congratulates Win Win Bites LLP and its founder on being declared the winner at the Pune Agri Hackathon 2026 under the Post-Harvest Innovation Category.

Receiving this prestigious recognition at the hands of Hon’ble Chief Minister Shri. Devendra Fadnavis and Minister for Higher & Technical Education, Parliamentary Affairs Shri. Chandrakant Patil and recognition in the presence of eminent personalities is truly a proud and inspiring achievement.

As a MAGIC incubated startup, Mayur Pawar has consistently demonstrated innovation in developing millet-based healthy food products while creating sustainable value in the agriculture and food processing sector.

We are proud to witness your remarkable journey and wish you continued success in building a healthier and sustainable future through innovation and entrepreneurship.

Heartiest congratulations to the entire team! ✨

MAGIC pays heartfelt tribute to Shri Ravi Pandit, Co-founder & Chairman of KPIT Technologies — a leader whose vision, hu...
10/05/2026

MAGIC pays heartfelt tribute to Shri Ravi Pandit, Co-founder & Chairman of KPIT Technologies — a leader whose vision, humility and commitment to technology-driven progress inspired an entire generation of innovators and entrepreneurs.

His contribution towards technology, sustainability, mobility innovation and the startup ecosystem will continue to inspire generations.

MAGIC has been privileged to be associated with KPIT through the KPIT Sparkle Program, an initiative that encouraged deep-tech innovation and empowered young minds to build solutions for the future.

We extend our heartfelt condolences to his family, colleagues and the entire KPIT fraternity.

Om Shanti.

Calling Women Entrepreneurs to Step Forward!Are you considering applying to the TiE Women program?Join the  ‘Ask Us Anyt...
05/05/2026

Calling Women Entrepreneurs to Step Forward!

Are you considering applying to the TiE Women program?

Join the  ‘Ask Us Anything’ session to gain clarity on the application process, expectations, and the immense opportunities that await you.

This global program offers:
✨ Access to experienced mentorship
✨ A strong international network
✨ Investor connections
✨ A chance to win $50,000 equity-free funding

If you are — or know — a woman entrepreneur with the vision to scale, this is an opportunity worth exploring.

🗓️ Wednesday, 6th May
⏰ 4:00 PM to 5:00 PM
📍 Online (Zoom)

🔗 Register here: https://us06web.zoom.us/meeting/register/DkvGz62TSWuHO_XgXxwjBA

Let’s empower more women founders to take their ideas to the global stage.

MAGIC, in collaboration with FAAD Network, successfully hosted Investor Meetup 3.0 – Chhatrapati Sambhajinagar Edition, ...
26/04/2026

MAGIC, in collaboration with FAAD Network, successfully hosted Investor Meetup 3.0 – Chhatrapati Sambhajinagar Edition, creating a dynamic platform for startups and investors to connect and collaborate.

🔹 3 startups pitched their innovative ideas
🔹 40+ investors, entrepreneurs & ecosystem stakeholders participated
🔹 Strong representation from Marathwada & Pune investment community

The session was hosted by Aditya Arora, who shared valuable insights on FAAD Network and investment processes.

The event commenced with remarks by Ritesh Mishra, Director, MAGIC, highlighting ongoing efforts to build a robust startup ecosystem in the region. The presence of Directors Prasad Kokil and Prashant Deshpande, along with CEO Makarand Kulkarni, further strengthened the engagement.

The meetup enabled meaningful interactions, valuable feedback, and opened new avenues for investment and collaboration.

MAGIC continues its commitment to nurturing innovation and empowering startups across Chhatrapati Sambhajinagar and Marathwada.

Entrepreneurs

Happy World Intellectual Property Day!Let's honour the ingenuity and creativity that drive progress and innovation.! ...
26/04/2026

Happy World Intellectual Property Day!

Let's honour the ingenuity and creativity that drive progress and innovation.!

Need to Build an Innovation-Driven Economy – Anil Bhalerao EmphasizesThe 9th Foundation Day of the Marathwada Accelerato...
21/04/2026

Need to Build an Innovation-Driven Economy – Anil Bhalerao Emphasizes

The 9th Foundation Day of the Marathwada Accelerator for Growth and Incubation Council (MAGIC) was celebrated with great enthusiasm at CMIA Bajaj Bhavan, Chhatrapati Sambhajinagar.

Chief Guest Shri. Anil Bhalerao emphasized the urgent need for an innovation-driven economy, highlighting that innovation and patents contribute nearly 30–35% to the GDP of the United States, while India stands at around 2%.

He underlined the importance of agility, research, and technology adoption, stating that the nation’s future depends on innovative thinking and new solutions.

The event witnessed the presence of MAGIC Directors Prasad Kokil, Ritesh Mishra, Kedar Deshpande, Milind Kank, Prashant Deshpande, Suresh Todkar and industry leaders, academicians, entrepreneurs, & ecosystem partners, celebrating innovation and collaboration.

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