AIC BAMU FOUNDATION, promoted by Dr. Babasaheb Ambedkar Marathwada University and Supported by Maharashtra State Innovation Society, Department of Skill Development and Entrepreneurship, Govt. of Maharashtra and Atal Innovation Mission, NITI Aayog, Govt. Of India, registered as a Section-8 Company under Companies Act 2013, aims to foster the culture of Innovation and entrepreneurship by supporting technology-based start-ups & developing an ecosystem which is conducive for innovation, where start-ups and new ventures thrive and Promotion of Start-ups / Angel Funding. It also has been providing the essential Highly equipped DGX, AI- ML laboratory, Innovation and invention Centre (IPR Centre), Co working spaces, specialized facilities IOT Fab lab, sophisticated AR-VR laboratory, Central Digital Library Facility. AIC-BAMU invites innovative ideas in the field of IOT, AR, VR, ML in the areas of Healthcare, Auto-industrial applications and allied areas.

The Incubation Center is to nurture the student's idea to promote and encourage them to pursue a career in entrepreneurship. The Incubation Centre is committed to mentor, guide, and support and facilitate the budding entrepreneurs in successfully launching their ventures.