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Bhavya Entrepreneur Incubation Service Foundation (BFEIC) Franchise Model: Empowering the Entrepreneurial Journey
Entrepreneurship has long been regarded as a powerful force that can transform individuals, communities, and economies. The journey of becoming an entrepreneur is filled with challenges, but it also offers tremendous rewards. At Bhavya Entrepreneur Incubation Service Foundation (BFEIC), we aim to support aspiring entrepreneurs by providing them with the tools, knowledge, and resources to help them succeed. We have developed an innovative franchise model that focuses on fostering an entrepreneurial mindset and empowering students to explore the possibilities of launching their own ventures.
BFEIC understands that the traditional educational system often prioritizes placements and securing jobs. However, we believe that there is another path that students can take — one that allows them to tap into their entrepreneurial spirit and start their own businesses. By supporting students in exploring entrepreneurship, BFEIC is challenging the conventional approach to education and encouraging young minds to take charge of their future by creating their own ventures.
The BFEIC Mission
At BFEIC, our mission is to provide a structured, practical environment for students to explore entrepreneurship. We understand that not all students will immediately know if a career in entrepreneurship is the right choice for them, and that’s where we come in. Through our franchise model, students can test their ideas, learn from real-life experiences, and build the necessary skills to become successful entrepreneurs.
We focus on helping students develop the essential knowledge and skills they need to build a sustainable business. Our approach is based on providing hands-on experience and support, so students can evaluate whether pursuing a career in entrepreneurship is the right path for them.
Our program provides the following key benefits:
Why Entrepreneurship Education Matters
The traditional path for many students is to graduate, secure a job, and climb the corporate ladder. However, the world is changing. Technological advancements, changing job markets, and the rise of the gig economy have made entrepreneurship an attractive career path. By embracing the entrepreneurial journey, students can create their own opportunities rather than waiting for them.
Moreover, entrepreneurship education has a profound impact on the personal development of students. It helps them to build resilience, problem-solving skills, and leadership qualities — traits that are valuable in any career. At BFEIC, we believe that fostering an entrepreneurial mindset in students can lead to innovation, job creation, and economic growth.
We are also committed to transforming the way colleges and universities brand themselves. Instead of focusing solely on 100% placement ads, we want to encourage institutions to recognize and promote the achievements of students who have taken the leap into entrepreneurship. A college or university that supports students in launching their own ventures is likely to attract forward-thinking individuals who are eager to make a difference in the world.
Our approach has been successful in universities across Western and European countries, where entrepreneurship education has become an integral part of the academic curriculum. By bringing this model to India and other regions, we hope to inspire a new generation of entrepreneurs who can contribute to the growth and development of the global economy.
The Franchisee Model: How It Works
BFEIC’s franchise model is designed to provide aspiring entrepreneurs with the resources and support they need to build their own successful businesses. As a franchisee, you will be able to tap into an established business model that has been tried and tested. This model provides a blueprint for success, along with ongoing support from the BFEIC team.
Franchisee Profile
To ensure the success of our franchisees, we are looking for individuals who possess certain qualities and experience. The ideal franchisee for BFEIC should have:
Franchisor Support
As a franchisee, you won’t be alone on your entrepreneurial journey. BFEIC provides a wide range of support to ensure that you have everything you need to succeed:
Operations Commenced On 2015
Franchise Commenced On 2015
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 30 %
Country Wise
Investment INR 50lakh - 1 Cr.
Region Wise
Investment INR 2lakh - 5lakh
State Wise
Investment INR 20lakh - 30lakh
City Wise
Investment INR 5lakh - 10lakh
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 70 %
Likely pay back period of capital for a Unit Franchise 2 - 4 Years
Other investment requirements Marketing and Event Charges
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 1200 - 3000 Sq.ft
Preferred location of unit franchise outlet Central City
Detailed operating manuals for franchisees Yes
Franchisee training location Corporate Office or On SIte
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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