# MAGIC Business Incubator SME Accelerator

> MAGIC is an industry association-led startup incubator and SME accelerator promoted by members of the Chamber of Marathwada Industries & Agriculture. Based in Aurangabad, now Chhatrapati Sambhajinagar, it supports founders, MSMEs and student innovators across India with mentoring, technical and intellectual-property guidance, workspace, industry connections and access to funding programs.

- **Founded:** 2018
- **Headquarters:** Aurangabad, India
- **Founders:** Prasad Kokil (Founder; Managing Director)
- **Products:** Startup incubation, Saturday Mentoring Clinic, MAGIC HeadOnn, MAGIC LearnNxt, My Skill My Business
- **Notable:** IPRO3D entered incubation on 5 May 2018, reported as MAGIC’s first incubatee., Selected for DPIIT’s Startup India Manufacturing Incubator Initiative in 2024., Historical brochure reports seed-fund support reaching 53 early-stage startups through various avenues.

## Products & services

- **Startup incubation** — Application screening, idea validation, product-development guidance, mentoring, funding access and market connections.
- **Saturday Mentoring Clinic** — Recurring mentoring and idea-validation sessions for innovators; the brochure reports 215 ideas validated and mentored during 2023-24.
- **MAGIC HeadOnn** — Project-to-product initiative.
- **MAGIC LearnNxt** — Expert sessions for entrepreneurs and innovators.
- **My Skill My Business** — Entrepreneurship program aimed at ITI students.
- **MSInS Seed Fund facilitation** — Application guidance, evaluation support, mentoring, reviews and monitoring for eligible early-stage startups.
- **iDEX partner incubation** — Mentoring, technical guidance, infrastructure access and progress tracking for defence innovation challenge participants.
- **MSME innovation programs** — Idea hackathons, industry problem statements and capacity-building workshops.

## Achievements

- IPRO3D entered incubation on 5 May 2018, reported as MAGIC’s first incubatee.
- Selected for DPIIT’s Startup India Manufacturing Incubator Initiative in 2024.
- Historical brochure reports seed-fund support reaching 53 early-stage startups through various avenues.
- 2023-24 Saturday Mentoring Clinic: 215 ideas validated and mentored and 250 mentoring interactions, according to MAGIC’s brochure.
- Historical brochure reports 750+ direct jobs created by supported startups through FY2023-24.

## Latest updates

- **2026-07** — MAGIC listed a Student Innovation & Entrepreneurship Program with MSInS and MGM University for 29 July, including the launch of PITCH LAB 2.0.
- **2026-08** — MAGIC listed an Entrepreneurs’ Day celebration with Innovista for 13 August at Dr. Badrinarayan Barwale College of Agriculture, Jalna.
- **2026-10** — MAGIC listed its Idea Hackathon at Jalna ITI for 6 October, with applications closing 20 September. The listing verifies the schedule, not attendance or outcomes.

## Links

- Website: https://magicincubation.com/
- LinkedIn: https://www.linkedin.com/company/magicincubation/
- Twitter/X: https://x.com/MAGICIncubation
- Instagram: https://www.instagram.com/MAGICIncubation/
- Facebook: https://www.facebook.com/MAGICIncubation/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-08