The core objective of RIC is to identify, nurture and support entrepreneurs aspiring to evolve rural/social inclusive business models leveraging Agriculture, Food Processing, Green Energy, Manufacturing, Textiles, services etc. RIC looks at strengthening and supporting entrepreneurs whose start- up aims to have a larger and cascading impact on the rural populace.
Development of a standard procedure for sourcing of start-ups as well as screening is an imperative to weed out unsustainable entrepreneurs that will save the time, resources and man hour of the person responsible for sourcing and screening of start-ups for incubation.
Finding worthwhile start ups would enable RIC to add value to start-ups through institutionalised mentoring, organising knowledge sessions on different subjects under the aegis of Capacity Building Initiatives and connecting them to investors, thereby improving the incubator-incubatee relationship.