Here are the key expectations from the government for certified incubators:
1. Act as nodal centers to support entrepreneurs and startups
2. Serve as a trusted agency to furnish letters of recommendation for startups free of charge
3. Benchmark and evaluate startup ideas to ensure they are viable and have potential
4. Provide the necessary assistance, guidance, infrastructure and other resources to help MSMEs operationalize their business ideas and turn them into successful ventures
5. Partner with relevant industry associations and organizations to facilitate collaboration between incubators, entrepreneurs and industry
6. Contribute to the government's startup promotion initiatives and help achieve targets for job creation and economic growth
7. Maintain high standards of
Here are the key expectations from the government for certified incubators:
1. Act as nodal centers to support entrepreneurs and startups
2. Serve as a trusted agency to furnish letters of recommendation for startups free of charge
3. Benchmark and evaluate startup ideas to ensure they are viable and have potential
4. Provide the necessary assistance, guidance, infrastructure and other resources to help MSMEs operationalize their business ideas and turn them into successful ventures
5. Partner with relevant industry associations and organizations to facilitate collaboration between incubators, entrepreneurs and industry
6. Contribute to the government's startup promotion initiatives and help achieve targets for job creation and economic growth
7. Maintain high standards of
Here are the key expectations from the government for certified incubators:
1. Act as nodal centers to support entrepreneurs and startups
2. Serve as a trusted agency to furnish letters of recommendation for startups free of charge
3. Benchmark and evaluate startup ideas to ensure they are viable and have potential
4. Provide the necessary assistance, guidance, infrastructure and other resources to help MSMEs operationalize their business ideas and turn them into successful ventures
5. Partner with relevant industry associations and organizations to facilitate collaboration between incubators, entrepreneurs and industry
6. Contribute to the government's startup promotion initiatives and help achieve targets for job creation and economic growth
7. Maintain high standards of
Here are the key expectations from the government for certified incubators:
1. Act as nodal centers to support entrepreneurs and startups
2. Serve as a trusted agency to furnish letters of recommendation for startups free of charge
3. Benchmark and evaluate startup ideas to ensure they are viable and have potential
4. Provide the necessary assistance, guidance, infrastructure and other resources to help MSMEs operationalize their business ideas and turn them into successful ventures
5. Partner with relevant industry associations and organizations to facilitate collaboration between incubators, entrepreneurs and industry
6. Contribute to the government's startup promotion initiatives and help achieve targets for job creation and economic growth
7. Maintain high standards of
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Key Activities Incentives for Schools
English Education program Providing subsidized english education to students to
Soft Skills program improve the english skill levels which will provide Web Portal/Online Courses Basic Computer Education Scholarships Fair where products of latest Edtech startups can be E-Libraries New Resources for students to learn, Keeping students Smart Classes( work with and teachers Improves up toeffectiveness teacher date with latest andglobal eduation productivity in government and schools to class. Incentives for iB Hubs Support Activities Scouting for trainers and training Communitythem programs to motivate parents
Develop and promote a Open Source
platform Monetary'iB Hubs Central benefits Library' rich from government contracts, Significant improvement in What's needed in universities?
What's in it for Universities
Key Activities Seminars Colloquium Angel & VCs in classrooms Industry- academia program Startup fest Workshops MOOC Web portal Startup Manual Faculty Training Mentoring Support Course material development Project funding Policy assessment & admin Pop-up classes Social Entrepreneurship Virtual Hubs Weekly local entrepreneur engagement at grass root level Project-based studies One-stop-shop approach Prototyping entrepreneurship education 1. Rules & Framework
Incentives for Institution
Students get to interact with entrepreneurs, investors, industry experts
ss root level Incentives for iB Hubs ustry experts Activity Whats in it for them? Create an Angel Network Better Networking -> Access to trends, better Investor Portal / Forum screening Opportunity of deals, better to discuss returns trends and deals with [1. likesupport Legal quora Q&A open to all other investors without joining Ease of becoming an angel investor, any angel Startup Forum consulting support for the investors to engage Online Newsletter - Free with thetoright Access lateststart-ups in the(inright happenings thatstage monthin or the quarter) in the ecosystem, upcoming events, Training Program There are many opinions on investing available in free videos. New investors may get confused by Collaboration with India Innovation Fund - to Investors from outside UP will get access to the bring investors Meetups from other states to UP with Students growing Investorsstartups of UP. get to meet very early stage startups in Shark tank events this way. They can get We will have connectionvery to high returns a pool if they of start-ups, and have the data of when they are prototyping Pink sheets - Mediating in Trading shares of This will probably be done by starting some kind unlisted Startup express - Monthly magazine for investors of companies Startupprompt Provides exchange. This exchange visibility will have among potential product makers and innovators, also among other Whats in it for us? Bigger investor pool Access to trend discussions Many people may be hesitating to invest because of Wethe barrier have to entry (from the requirement listlegal side). of the Providing start-ups, what Bettertype of investors relationships they with need, itBranding investors, may be ones for iB Hubs Lack of proper education is another barrier that stops people from investing. This training program Bigger investor pool. Better startupstudent When these ecosystem in UP. startups are looking for further support, they will look to iB Hubs. once 1-2 pitch is done, both start-ups and They investors will flock to partner with us and be a Many investors hesitate to invest in startups as NSE Emerge is 'Exit' takes very long time. If trading We can emerge as a start-up and investorof startup already existing. datapool, can act as consultants for investors and What's in it for Entrpreneurs?
nothing-babaji ka thullu Whats in it for students and why they connect Is this sheet for students or student with iB Hubs? entrepreneurs? Activity Whats in it for the students? Mandatory Business course They would know how to market, sell and grow Workshops the not product. The product just knowing won't about how be sitting to run on the a company, Internship but through a start-up simulator they will mock Final year projects Most Engineering students work on real ideas Student scouting with PhD scholars and academia in their final Hackathon Students will get to know about real-time Local startup competition problems that corporates are facing. This can MOOC Courses Comprehensive and up-to-date offline courses Zero to One on various topics at their doorstep. Ideation Competition Meetups with existing startups When students see others of their age beginning Idea Development Workshop startups, they will get courage to venture out on Problem Centre Newspaper column & TV stories Decreased resistance from parents will help NDA - Non disclosure agreement students in coming up with more startups. Bootcamps - Pitching, Presentation skills More funding for student startups
Phase 2 and 3 - Same activities at a bigger scale
Whats in it for us? We can promote ourselves as the GTM specialists andpioneers We can be the consultants of start-up simulator programmes, which can be eventually doled out We can market ourselves as sole "GO TO "people for final year project showcasing candidates Similar to iB Leads If students can think of solutions for the problems being faced by corporates, they may Ecosystem of high quality developers who can join in startups. We can get good revenues from
More student startups come up. For any future
support, they will come to us and join our
More student startups come up. For any future
support, they will come to us and join our Revenue from the bootcamps. Rakesh
Why? How to meet expectations.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 What Govt expects? Act as Nodal Centers Trusted agency to furnish letters of recommendation free of charge benchmark the startup ideas provide the level of assistance to MSMEs required to operationalise ideas Certifieed Incubators Federation of Indian Chambers of Commerce & Industry (Ficci), the Associated Chambers of Commerce & Industry of India (Assocham), Indian Software Product Industry Round Table (iSPIRT), National Association of Software and Service Companies (Nasscom), Indian Electrical & Electronics Manufacturers Association (IEEMA) and Indian Angel Network and All India Biotech Association (AIBA)
