Gurugram based Incubator, Accelerator, UIncept invites applications for the next cohort (July 2019 – June 2020) of their remodelled Incubation Program for aspiring entrepreneurs
Having successfully conducted 3 incubation cohorts, previously, UIncept is now inviting applications for the next batch of the 11-month program which starts in July 2019, at their Gurugram campus. UIncept has incubated and invested in 16 startups, and are now all set to have aspiring entrepreneurs to be a part of their remodeled Incubation Program. With this program, budding entrepreneurs learn from faculties from Innovation and Research Foundations, IITs and IIMs, and get to incubate their startup amidst best-in-class infrastructure. The program now includes an entrepreneurship course to enable incubatees with strong business acumen.
Building your own venture is no simple feat. And the dropping success rate of startup ventures does not paint a very pretty picture. Pick up any startup stat based article online and it’ll tell you 8 out of 10 startups don’t make it past their initial years. It’s most likely because many entrepreneurs fail to invest themselves in learning the fundamentals of running an enterprise. The experts at UIncept factored this in and drafted the program to help budding entrepreneurs get hands-on experience, get the fundamental right, to take on any obstacle they may experience in their startup journey.
What makes the program unparalleled is that it is customized as per the requirements of each business. No two business ideas are identical, neither should their incubation process be. Entrepreneurs will learn from experts from their field, will be facilitated with industry-specific tools and technology to set their business on course.
Founder and Chief Mentor at UIncept, Manish Gupta comes with over 25 years of experience in the education sector. Gathering his thoughts on the Incubation Program, he said, “We have built a conducive space for entrepreneurs that will help them begin their entrepreneurial journey on the right note. It’s critical for entrepreneurs to understand the complete business ecosystem before they jump the bandwagon of the trend of starting up. I firmly believe that the new age entrepreneurs can greatly contribute to the economic and social growth of the country, with the right guidance and support. That’s where UIncept comes in. Be it with the right network of mentors, investors, or partnering with tech support brands, we are pulling every string we can to empower the future change makers with all the critical resources.”
About UIncept’s Incubation Program
The 11-month structured program, which will be held at UIncept’s Gurugram campus, is designed to be customized according to each business ideas. The aim of the program is to support entrepreneurs to build their venture from scratch into scalable enterprises, with a working product/service. Mentors from India’s most prestegious institutions and B-Schools will head boot camps and sessions to cover all business aspects. The program includes an entrepreneurship course to help incubatees get the fundamentals right – the legal, financial and administrative side of running a business. It is suitable for aspiring entrepreneurs, intrapreneurs who wish to lead new product development in existing companies and scions of business families who want to explore new verticals for their ventures.
Startups supported with tangible facts, figures and research about the feasibility of their business ideas will go ahead with the incubation process by the end of the program.
The program will entail
Mentorship: Mentors from IRF (Innovation & Research Foundation), IIMs (Indian Institute of Management), and IITs (Indian Institute of Technology) will focus on giving entrepreneurs the 360° purview of the business ecosystem. Experience-based training will cover live examples by experts to capacitate budding entrepreneurs to power their business ideas and ensure that they are up for any challenge that comes their way. The program also extends continual support from faculty and resources of JIMS network of institutes and universities.
Networking: Networking is one of the major pillars on which the success of any venture rests. Through this program, participants will get numerous opportunities to talk to investors, potential clients and build a robust network. The program also extends routine investor meetups, CEO lunches, sessions with mentors and internal events to help entrepreneurs strengthen their connections, so when they step into the market, they have their way set to scale up.
Marketing: Through research, guidance, and case studies, the mentors at UIncept will help startups in drafting marketing and communications strategies for their venture, to build an impactful brand, relevant to their target audiences.
Swanky Working Ground: UIncept Gurugram offers a fully serviced workspace that accommodates all the amenities that entrepreneurs may require to function their enterprises effortlessly.
You can apply for the program by clicking here
UINCEPT is the starting ground of ideas and leaders that can transform lives and the world as we know it.
The outset of UINCEPT (formerly UDGAM), in 2015, was based on the vision of creating conducive opportunities for new age entrepreneurs on a mission to shake things up and make an impact. And with time, they are constantly reinventing themselves and growing in all directions to create an all-encompassing ecosystem for future disruptors. They have successfully incubated 16 startups over 3 cohorts and currently have 10 Ed-tech startups on-board for their Acceleration Program.