ACME to incubate business ideas at ‘Idea Factory’

NEW DELHI, INDIA: ACME, a green technology solutions company has announced the launch of ‘Idea Factory’, an initiative inviting technology based ideas across all sectors like energy, IT, telecom, mobile applications etc.

Idea Factory will act as an incubatory for innovators and entrepreneurs that have the potential and acumen but lack access to infrastructure and capital to implement those ideas.

ACME will also provide comprehensive support to entrepreneurs in the form of early stage capital along with full service office space along with back office shared services and support in auxiliary services like sales & marketing, finance and accounts, HR, IT & legal). The model is strategically divided into three phases – Phase I: Entrepreneur Development Phase; Phase II: Enterprise Creation Phase ; Phase III: Market Development Phase.

To attract the potential talent pool of the country, ACME will encourage leading engineering and management institutions across India including IITs, Regional Engineering Colleges to consider this opportunity to deliver solutions to various challenges of the burgeoning economy and participate in nation-building.

“Idea Factory believes in the spirit of collaboration and aims to advance entrepreneurship following a partnership approach. The vision is to create an ideal environment for entrepreneurial growth, help build successful businesses and uplift the talent pool of the country,” said Manoj Kumar Upadhyay, Founder & Chairman, ACME.