DRISHTI - an acceleration and incubation programme
The term ‘acceleration’ has a broad definition within the startup community. Moreover, as accelerators are still a new and innovative way of developing startups, the model is in flux and this means that precise definitions can be difficult to pin down.
• An application process that is open to all, yet highly competitive.
• Chance of pre–seed and seed investment, usually in exchange for equity.
• A focus on small teams not individual founders.
• Time–limited support, usually between one to three months, comprising programmed events and intensive mentoring.
• Cohorts or ‘classes’ of startups rather than individual companies.
Services Offered
• Angel networks – groups of individual investors who invest their own capital into small or growing businesses and provide mentoring and business expertise.
• Business competitions – aim to stimulate innovations and find talented entrepreneurs.
• Co-working spaces – offer flexible desk and meeting space, opportunities to meet other ventures or entrepreneurs, and a programme of events or learning to support ventures.
• Entrepreneurship courses – usually run by business schools to teach the theoretical basis of entrepreneurship, although some may also include a practical component.
• Hackathons/Startup weekends – very short, intensive, hands–on programmes designed to encourage collaborative development, and test whether an idea may be viable as a startup.
• Maker spaces/hacker spaces – community-style spaces where people can come together to collaborate and share knowledge.
• Mentoring schemes – focus purely on mentoring and are designed to share expertise and experience.
• Seed funds – provide initial equity funding to startups.
• Social venture academies – offer programmes to help accelerate learning for social ventures and entrepreneurs, whether they are already working on a venture or just in the planning stages.
Entrepreneurship Course:
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Basics of Entrepreneurship and Startup.
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Innovation and Creativity
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Validating ideas!
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Design thinking
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How to approach/choose the right target audience?
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Starting with Digital Marketing
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Scaling up with Advance marketing
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Legal registrations of a startup Company
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Secure your idea with IPRs
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Power of creating community/branding
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What Investors want?
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A parallel support of Govt. to startups
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Let play a game of valuation
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How to represent your startup idea to stakeholders?
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Role of Incubation centre in a startup
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Building a scalable business model
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Why a startup fails?
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How to retain your customers?
Targeted Domains for Program (Focus Area):
There are no restrictions on selections of a domain but startup should have early tractions stage:
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Agritech
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Travel & Tourism
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FinTech
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HealthTech
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Edutech
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Advance Technology (IoT, ML, AI, etc.)
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FoodTech
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E-commerce
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Women Safety
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Waste Management
Who can apply:
Those startups who have
- Registered Entity
- Early tractions
- Ready for seed funds
- Tech solutions
Why Startups should join us:
From a startup's perspective there are several reasons why Drishti program might be an enticing option:
• They may provide initial funding to help get one’s idea off the ground.
• They offer access to experienced mentors.
• They provide opportunities to connect with potential customers and investors.
• The cohort structure encourages peer learning and support.
• The intensity of the programme gives startups the chance to really develop their idea.
• They provide hands–on experience and an alternative to entrepreneurial education.
• They may provide (or been seen to provide) validation of the startup
How to apply:
Startups may apply by filling Google form present on
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Website
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Social Media Platforms
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Startup India portal
Timeline:
Applications Closed
Last date to apply: 30th Jun 2020