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Business Incubation Cohort, is an incubation program by ISB DLabs supported under NIDHI Seed Support Scheme by the Department of Science and Technology (DST), GoI with an aim to provide financial assistance to potential start-ups with promising ideas, innovations and technologies. The program offerings can be leveraged by entrepreneurs to advance and scale up their venture to the next stage. In the past, our incubated start-ups have grown exponentially by accessing the vast ISB network that includes ISB faculty, ISB Alumni, domain experts, investors and ecosystem partners. Benefits to incubated start-ups range from full access to physical space within the reputable ISB Campus, where entrepreneurs can set up base, to joining virtual sessions that are conducted by experts from varied domains and locations.
A Startup is evaluated based on the following parameters
The incubation program is designed to support startups across domains. Ventures with the following characteristics would make an ideal fit for the program.
• Validate proof of concept
• Run pilots
• Support to go international
• Help build early traction
• Engage intensively with domain experts
• Fine-tune business model
• Reach next round of funding
• Set up an advisory board
• Access to talent
• Onboard first customers
To achieve these goals, DLabs will conduct Design Thinking workshops and Masterclasses with ISB faculty, provide access to investors and the ISB alumni network, facilitate peer-to-peer sessions, and assign dedicated mentors and post-program support. The selected start-ups will be eligible for seed funding from DLabs.