FAQ

FAQs

We are there with our each & every member of the IAEGlocal Worldwide Community till the person/start up/enterprise has its solution & it becomes a success story as self sustained entity to be well placed in views of the global village. Our tenure of association starts with minimum three years up-to a maximum of ten years and even till eternity, depending on the mutual comfort & confidence. Our evaluation & assessment process of an Idea is the only barrier to get an entry within the #365Degree Dignified Livelihood Ecosystem. Once you join the professional or personal journey, collaboration & technology become the bedrock of success.
IAEGlocal is an Institution which welcomes a child of minimum14+ years old up-to a person of any age or gender to join this mission & movement of “Dignified Livelihood Solutions” through “Entrepreneurship (e-ship) & Employability (e-ability)” in and around the world by joining our prestigious Mission Entrepreneurship (Me) & Mission Innovation (Mi) family club {MeMi Family Club} which is the hub of human chain. Following Steps: To be Embraced by the IAEGlocal Worldwide Community The Ideator has to be well versed with IAEGlocal’s business, service & operating models by browsing through www.iaeglocal.com before joining the community through our prestigious MeMi Family Club.
  • Virtual/Telephonic/Email Connect & Communication is established immediately with the Subject Matter Expert (SME) after joining MeMi Family Club. Individual or Group Interaction with the Founder & Social Imagineer / Governing (GC) Members / Governing Board (GB) Member(s) take place for Induction in the community.
  • Signing of Non Disclosure & Non-Circumvent & Non Compete Agreement (NDNC).
  • Evaluation of the business idea by the Governing Board (GB) Members. Finally, Memorandum of Understanding (MOU) & Agreement signing between IAEGlocal & the Prospective Entrepreneurial & Employable Resources (PEERs) in and around the world. Our Global Target Group / Audience is known & addressed as PEERs.
      For Life Skill Engineering (LSE), we do assess the personality through our online assessment tools and prefer meeting (actual/virtual) minimum one friend or family member before issuing a Letter of Confirmation (LoC) by the academy to get him / her enrolled in the program in a particular batch.
We strictly adhere & practice “Equal Opportunity for All” as per our Constitution of IAEGlocal without any discrimination and reservation except people from Below Poverty Line (BPL) on commercial fronts. OUR SELECTION PROCESS is the only barrier for an aspirant.
A. Commercials & Fees vary from program to program and it also depends on the choice of the person whether he/she joins the Academy as an individual or in a group of Ideators (Start Up Lab) or Coachees (LSE). Immediately after joining the MeMi Family Club, the evaluation and written confirmation to the Aspirant about the Idea/Business Model/Program, commercials are discussed to proceed further for documentation to start the journey with IAEGlocal. The very first step to get an entry in the #365Degree Dignified Livelihood Ecosystem of IAEGlocal is to subscribe the Annual Membership (Individual/Institutional) through MeMi Family Club to open all communication channels between us & you. Note: It is strongly recommended to refer all available and downloadable documents like Information Brochure (IAEGlocal & LSE); MeMi Guide Book from the URL (www.iaeglocal.com) and thereafter join the IAEGlocal Worldwide Community to start the journey with us.
A. The commercials under Start Up Program also depends on the stage (Initiation-Innovation-Incubation-Acceleration), the Aspirant is joining the Academy. Minimum tenure of association of an aspirant with IAEGlocal can be of 3 years up-to a maximum of ten years till the time necessary funding is arranged and the venture becomes sustainable as a good success story within the #365Degree Eco-system of the institution.
A. The Academy has its Online & Distant Learning Program (DLP) in line with its expansion plan across the world, however, in a phased manner for the convenience and benefits of larger masses.  But Tele-Learning (Webinar/Audio/Audio – Visual/You Tube etc) is an integral part of all programs. The MOBILE APPLICATION of IAEGlocal is the immediate future to “Serve & Save Humanity” by providing “Dignified Livelihood Solutions” to One & All around the world.
A. Yes, it is there only in Gurugram (HR), India as of now at its Headquarter wherein all additional expenses like lodging, boarding, traveling or any other Out of Pocket Expenses (OPE) would be borne by the Applicant / Aspirant of different program.
Yes, the Academy will be providing a co-working place with all basic amenities like internet, pantry, printing, etc. for a stipulated time frame as mutually agreed upon. But, minimum six months is GIVEN as a part of the package. Generally after six months to one year, the Academy has a history of facilitating & fixing all “INFRASTRUCTURE” & “INVESTMENT” solutions for Start Ups
A. Before an entry to the Academy, the incumbent will have to sign a Non Disclosure, Non Circumvent and Non Compete (NDNC) agreement along with a Memorandum of Understanding (MOU) which will be supported with the PAN or Aadhar Card/National Identification Card and Bank Details of each Aspirant who is inducted in the internal eco-system of IAEGlocal. However, completion of all Funding & Fiduciary Documentation is the responsibility of M/s CredenceGlocal® Corporation (CGC) which is the Functional Support Start Up (FSSUP) arm of Indian Academy of Entrepreneurship® (IAEGlocal) as a part of its Constitution.
  • Minimum time of association fluctuates between 3-5 years (it can be onsite or off-site) to create a success story, however, it also depends on the mutual convenience of the Start Up/Incubatee and the Academy. If both are confident, that the custodian of the enterprise can run and manage the show on his/her own in future, the relationship can be terminated by giving a minimum of two months notice from either side.
  • The tenure of association is also subject to the stage of association where an Incubatee joins the academy. However, as on date IAEGlocal has a legacy of upgrading the Start Up to be an integral part of the institution with manifold opportunities of INNOVATION across countries where we have our Chapters.
      • The academy is also an investor (seed funding) in early Start Ups. It also depends on the investment ticket size. IAEGlocal uses its all possible industry and global network to extend financial and market exposure to its each and every Start Up.
      • Future funding beyond seed, depends on the Business Sustainability & Scalability Index and its potential in and around the globe.
      Notes: Each & every subscribed member of the MeMi Family Club automatically qualifies to be one of the bidders as investor in a Start Up of his/her own choice within the cohort of IAEGlocal in and around the world.
    LSE is a PART TIME program imparted and designed in line with the convenience and availability of time of selected incumbent(s). However, it conducts (actual & virtual) evening/late evening/weekends sessions/workshops etc., at its centers in and around the world. Minimum coaching time varies from 3 months to 12 months. This is an iconic program which operates as Global Future Leadership Program (GFLP). This program promotes EMPLOYABILITY (e-ability) as its key to success.
    The Academy helps and facilitates the admission/placement/internship process for each and every candidate, but there is no guarantee or warrantee of the same. It all depends on the competence and potential of the candidate. NO, the academy does not charge any fee for “COLLEGE ADMISSION “& “JOB/ INTERSHIP PLACEMENT”.
      • Our selection process is so very futuristic and stringent that we don’t allow anybody or everybody to join the platform as a START UP. However, we have “Livelihood Solutions” for each & every member of our community. Therefore, most of them as of now are doing very well except certain EXTERNAL conditions which are beyond our control. But, if at all one of the Start Ups does not  create a success story, we would facilitate for an employment within the #365Degree Dignified Livelihood Eco-System of IAEGlocal with the help and support of our committed INDUSTRY PARTNERS or we also absorb those people as a part and parcel of IAEGlocal’s internal resource. Note: We are morally & ethically accountable & bound to create or provide “Dignified Livelihood Solutions” to one & all MeMi Family Club Members in and around the world within our #365Degree Ecosystem through “Entrepreneurship (e-ship)” or by developing people resources as one of the competent “Employable (e-able)” resources on the earth.
    IAEGlocal has been scouting for Principal Institutional Collaborators (PICs) & International Acceleration Partners (IAP) / Chapter Heads / Co Founders / Founders for Functional Support Start Up (FSSUP) Arms from around the world to set up its Chapter(s) in and around the world. Our time & targets as on date are as follows:
    • 35 State / UTs Chapter Heads - As on date IAEGlocal has 4 Partners from 4 Zones - Delhi-NCR (North)/ Mumbai (West) / Bengaluru (South) / Kolkata (North East) and the search is on till 2022 to have a maximum 35 Chapters in India.
    • 20 International Chapter Heads – As on date IAEGlocal has United States of America (USA)/ Sri Lanka / Australia / New Zealand / Singapore / Canada / Austria / United Kingdom etc and the search is on till 2022 to have at least one Chapter Head or Co Founder in each and every country on the world to “Serve & Save Humanity”.
    A. Most of the aspirants of the Academy under our Start Up Lab & LSE program are certified by the customers/audience & corporate, they serve, beside our CERTIFICATIONS based on the practical solutions of each and every ISSUE one encounters during the difficult terrain to reach to a PERSONAL or PROFESSIONAL SUCCESS story.
    • The very first step to join IAEGlocal’s #365Degree Dignified Livelihood Eco-System  is to opt for Annual Membership of MeMi Family Club to be one of us as a part of global innovation & entrepreneurship (e-ship) movement to promulgate employability (e-ability) based on SOCIAL  TECHNOLOGY & COLLABORATIVE INNOVATION.
    • It’s strongly recommended to join early to be a contributor towards “dignified survival of humanity” on the vehicle of “development, peace, & prosperity in the GLOBAL VILLAGE.

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