Applications for the next cohort will open in 2021
The Cohort focuses on the specific areas of Health, Edtech, and Cleantech in the context of a Smart City.
Mentors with proven track record and experience in the Smart City domain areas. A good mix of senior industry leaders and successful entrepreneurs.
A Mentor for a startup. Matchmaking of right mentor to a startup.
Aggressive weekly follow ups to assist with rapid pivoting, focus on gaining early business traction.
Visibility through various events and media interactions, at least 2 -3 media exposures during the course of the batch.
Software and Hardware design related support services incl. UI/UX and architecture level design support.
Investment support incl. Investor ready PowerPoint and business model spreadsheet preparation , hunting and pitching support.
Gain momentum and upgrade your venture to the next phase of its business cycle
Help with due diligence, statutory clearances, taxation etc.
Advise on relevant government programs and schemes, Startup India registration
We look at the founding team - their passion, team dynamics, experience; and what will it be like to work with them. We back entrepreneurs who are driven and won't pack up and leave at the first sign of challenge.
We want to understand the rationale behind the idea. Why was this chosen? What problem does it solve and for whom? What makes it unique, viable, and feasible and a winning idea for us to back?
The start-up should have moved beyond the idea stage to execution - preferably with at least a rough prototype or an early proof of concept. Start-ups which are in expansion mode are probably beyond the scope of this cohort.
The Fourth Cohort was inaugurated by Mr.Kunal Kumar, IAS, Joint Secretary & Mission Director (Smart Cities Mission) in the presence of Mr. Rajesh Garodia, Pro Vice Chancellor, Ashoka University. The contact class at Ashoka University focused on understanding the Smart Cities Mission, opportunities available for startup enablement and scaleup, and interaction with ecosystem experts ranging from waste management, sanitation, and governance to name a few.
The second Contact Class focused on the developmental aspects of entrepreneurs, with Cohort members learning about Design Thinking and Value Proposition. It also had sessions on business operation and scaleup aspects including Unit Economics, Financial Modeling, and Pitching and Investment Funding. There were also multiple startup founder interactions to seek lessons from their journey. The Cohort members also had the opportunity to attend the Vibrant Gujarat Startup and Technology Summit.
The pandemic situation did not hinder the third Contact Class to convene through a virtual mode. Special Covid themed sessions were conducted to understand its impact on business and the means to mitigate risk and move ahead. The Cohort startups were connected to potential investors through customized processes.
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