UDGAM, Delhi based startup incubator and seed fund investor has invited applications for 3rd batch of its Incubation program starting in Aug’17.
It would give seed funding of $10000 to each selected startup and coworking space for founders at their Gurgaon Startup hub. The duration of the program is 6 months during which startups would go through milestone based program modules conducted through workshops, mentoring and training sessions. During the program the focus would be on making the startup go through a complete business cycle from initiation to launch. The startups would build their proposition backed with research and feedback at each stage, which would help them achieve success after completion of the program.
The startups incubated would be able to network and collaborate with UDGAM's extensive list of partners, investors who would provide them with expert advice and suggestions regarding their value propositions.
Startups would also be able to utilize free credits and subsidized prices offered by UDGAM's service support and Tech partners. At the end of the program pitch day event would be conducted where startups would get a chance to showcase their ventures to investors for securing further funding for their ventures.
They would enrol 10 tech startups in the program who are near to building their MVP or who already has an MVP ready. The program is ideal for startups who require extensive mentoring and networking to build their product/service.
“Manish Gupta chairman and chief mentor at UDGAM said that the Incubation program is one of the best designed in the country focusing on basic business methodologies to develop a successful value proposition. The program structure is like a journey for startup venture leading them to a path of success”
Previously, 11 ventures have been incubated through 2 cohorts and all of these ventures are active today with most of them securing further funding from the market.
The application process has begun and would close in July. Selected startup would join the program in Aug’17.