Strategy and fund raising programs

5th.

Strategy and fund raising programs

Our strategy is to promote innovation and entrepreneurship by providing necessary resources on sharing/rent basis to the coming aspirants. We have arrange high-speed Wi-Fi,  power outlets, power backup, meeting rooms, digital Infrastructure, company registration/document support, IPR activities. We are continuously making a strong interactive network of government and private technical, management, R&D institutes, organizations / non-profit organization/ corporate / industry associations. We are involve in crown funding, CSR funding, industrial contractual research programs, govt. and semi govt. research and entrepreneurship programs for arranging operational expenditure in the incubation center.  The collected fund will be utilize Salaries/stipends/ incentive/ honorarium  of coordinators, other ground staff, mentors and consultants, internship stipends, mentoring programs, networking meetings, conducting ideathons, Hackathons, seminars, workshops, annual financial support for projects, for training and capacity building for faculties and students, network programs conducted by the various departments. We are focusing on entrepreneurial development and promotion to set up remote center in the campus of our associated partners to galvanize the startup ecosystems in the region. We are in the process to create a large quantity of quality entrepreneurs which help to boom the local market and facilitate the development of new technology and new business models based on available local resources and regional demands of the people. We are offering our labs and workshops, giving help to the startups take their product/services to live customers, making market ready for the new product, and a group of mentors so that they can build themselves as a  growing organization and start earning serious revenue. We are willing to support all aspirant, but the young students and scholars may need some specified trainings, so we have classified aspirants based on their level of work done, the stage at which they have complete or materialize their idea.  Those who are very early stage of their idea, they will follow the required training in the various department of the university or in the place of our associated partners. The small and medium size industries that are willing to take benefits from the various facilities and program of our incubation center must have good proposal, one of their representative should be willing to work physically. The aspirant SME should have a component of technology, innovation, and a new concept or idea, which has market potential, should have some customer/ market validation, and a pre-incubation report. The Early-stage startups should come with a minimum viable product. After completion of incubation period the aspirant is willing to spin off/ locate anywhere. Other than that, in some special case/ or on request we also supports virtual incubation which suits entrepreneurs who need the services of an incubator but still want to maintain their own offices while holding on to geographical advantages and strategies. We will facilitate basic research work, fabrication process, demonstration model, set up pilot plant, scaling of technology, registration and other approval document preparation, marketing and advertising media assistance, networking with big business house and funding partners, and provide an state-of-the-art co-working space and healthy and friendly ecosystem for technology development and an ideal atmosphere to enhance productivity and cultivating collaboration. We believe that an appropriately positive approach and team effort can overcome from the present obstacle and easily we can arrange the required fund and technical supports. The fund raising program are indeed very challenging, convincing to a financial partner really need to provide all possible answers satisfactorily and should have a really attractive plan/ technology to display.