You can support our various activities for promoting incubation, innovation and entrepreneurship, including, but not limited to
Eligibility of VentureStudio to receive contributions and tax exemptions
VentureStudio (officially, Ahmedabad University Support Foundation), is a Technology Business Incubator, within an academic organisation, registered under Section 8 of the Companies Act, 2013 (formerly Section 25 of the Companies Act, 1956). It is registered under Section 12A and donors are eligible to claim tax exemption under Section 80G, of the Income Tax Act, 1961.
Corporate Social Responsibility (CSR)
Under Section 135 of the Companies Act, 2013 (“Act”), certain companies are required to spend a specific proportion of their profits for social welfare activities as per Schedule VII of the Act, for the benefit of the society. Eligible companies can contribute to CSR initiatives for various activities such as promoting education, environmental sustainability, eradicating poverty, hunger and malnutrition.
Under Schedule VII, item (ix)(a) of the Companies Act, 2013 (“Act”), Incubators are eligible to receive CSR contributions.
Partner with us
If you wish to support our mission through CSR or other contributions, please write to us at vs@ahduni.edu.in.