Overview: The objective of Pre-Incubation Program of incubation at KCIIL is to get the start-up to achieve ‘Idea validation and market viability for a product or service’.
Objective:
To handhold start-up at the initial stage and enable support for testing and validating business idea for market potential.
To help start-ups get into the second phase of incubation program i.e., the commercialization stage and raise seed funding or investment for developing/refining the prototype, pilot testing and scaling up.
Duration: 3-6 Months [with some flexibility to extension based on nature of product/service]
Financial Support:
Upto INR 1 Lakh Grant will be available for early stage startups depending upon the requirement [to be decided based on Goal Fund Sheet]. To be utilized as per guidelines of usage of these funds.
Financial support against equity/debt/convertible debentures will also be available on case-to-case basis to the start-ups which are in the commercialization stage
Non-Financial Support: Apart from monetary support teams will get Mentoring, training, advisory and infrastructure support.
Mentor/Training Sessions: It is mandatory for all co-founders to attend all the workshops for entire duration of pre-Incubation program.
Provide in-person/online training to start-ups on varied topics of relevance from time to time. Start-ups will also get dedicated time with these mentors on need basis.
Incubation Centre will help in providing access to Faculty/Research Associates/Scholars/students of KBCNMU from time to time.
Incubation Centre will also help in providing access to technical and business support from outside relevant Institutions and connect startups with relevant stakeholders.
Usage of facilities:
Accessing Lab facilities of KBCNMU
University Labs may be made available to startup teams subject to permissions from respective in-charges.
The usage of facilities may be chargeable as per rules of university/lab.
Connecting start-ups with nearby Fablab for developing prototype and testing.