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We understand that as a founder, you are caught up in a whirlwind of fundraising, product development, marketing, and recruitment. Our program offers startups the right kind of strategic support while keeping an eye on the big picture.
Ideal Profile
The incubation program is designed to support startups across domains. The various parameters against which a startup is evaluated include:
FAQs - Frequently Asked Questions
WHAT IS THE DURATION OF THE INCUBATION PROGRAMME?
WHO CAN APPLY?
A startup with a validated business idea (POC) and looking for:
– Assistance with Go-to-Market Strategy
– Mentor engagement and strategic guidance
– Industry connects with leading corporates
– Assistance in scaling-up
– Assistance with funding
WHAT IS THE SELECTION PROCESS TO QUALIFY FOR THE INCUBATION PROGRAMME?
The application process begins with startups submitting an online application. Once received, the internal team reviews it as soon as possible and shortlists the startups depending on merit of proof of concept, relevant experience, level of commitment and overall fit with the offerings of the incubation programme. Following this, in depth analysis of the application is done by an external committee which includes industry experts. As a final step, startup selection is done and onboarding formalities are initiated. The entire selection process is a 3-4 week journey starting from submitting the application form
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DO STARTUPS NEED TO BE PHYSICALLY PRESENT AT AIC ISB?
We are flexible about it, but In order to achieve most out of the programme, we expect considerable time to be spent with the founder(s) and the founding team
HOW CAN STARTUPS GET ACCESS TO FUNDING SUPPORT?
During the incubation period, startups are made investment ready and depending on the requirement will be given access to relevant investors (ISB Angel Network and external investors)
WHAT IS THE COST OF UTILIZING THE AIC ISB INFRASTRUCTURE?
AIC ISB allows upto 5 team members per startup to avail its 24×7 state-of-the-art facility. A dedicated seat is given to each member at a cost of Rs. 4500 plus taxes per month, which includes access to the entire workspace, meeting rooms for conducting presentations and business meetings, high speed wifi, unlimited tea/coffee, dedicated free parking facility, reception service and access to curated service providers.
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