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Cohort 2.0 Incubation Program: Seed Funding Opportunity of up to INR 20 Lacs + Up to 2 Crores worth of Perks & Benefits

Deadline: 30-Sep-22

The Stepup Ventures (TSUV) is inviting applications for its COHORT 2.0, a 3 Months Program to Scale your venture.

TSUV works with startups over a 3-month period to help them refine their product and pitch to culminate in a demo day to potential investors.

StepUp Ventures will co-invest with other seed investors to help the startup along the journey to scale.

During this 3-month program TSUV helps entrepreneurs build and validate their startup to scale and to garner more support from like-minded partners in the Indian Startup ecosystem on the journey to becoming a world-class enterprise.

TSUV’s two-tier team of coaches and mentors helps the startups navigate its program in their quest to grow and improve their business.

Benefits

An Opportunity to get Upto INR 20 Lacs as a Seed funding  + Upto 2 Crores worth of Perks & Benefits.

  • Training : The incubator is tailor made for 3 months focused on making the startup investor ready. A 3 phased approached with checkpoint to make the incubation program more action oriented. The training will provided access to trainers, startups tools and templates that would not only help the startup during the program but also in their overall startup journey. TSUV recognizes that you are trying to run a business and their program will allow you time to reflect and implement the learnings in your startup.
  • Mentorship : One of the biggest benefits of going through the Incubation Program is having access to knowledgeable mentors. You will have access to The Stepup Ventures team, seasoned entrepreneurs, experienced investors, and individuals with considerable expertise in their field to give feedback and offer guidance. TSUV also hosts numerous talks and fireside chats. Speakers include top domain experts on important topics such as distribution, design, data, fundraising, and more.
  • Fundraising : TSU’s Incubator staff is made up of experts with years of experience in fundraising and pitching. You will learn how to run an effective fundraising process, how and when to talk to investors, and how to effectively tell your story.
  • Network Access : Stepup Ventures network consists of Startup Accelerators, Funds, Corporates and many more organizations. You’ll connect to a growing with individuals with diverse backgrounds, areas of expertise, and geography.
  • Culture : The Stepup Venture culture is best described in one hashtag: #ScaleupBharat. This means a focus on solving the challenges of the real bharat and understanding its needs. TSUV wants to push you past your comfort zone and take your startup to the next level by collaborating, incorporating creativity, taking risks, embracing failure, implementing transparency, and being agile. You will work hard, but have fun in the process.
Phases
  • Scouting Ongoing
    • Online and physical Gutreach to attract startups that have VP/ Early revenue.
    • Create a cohort of 10 startups based on two level shortlisting echanism.
    • An Initial Legal, :usiness Technical .nd financial sue-diligence ill be done.
  • Incubation Program 3 Months
    • A Structured 3 Phased incubation process that focuses on
      • Business Model Review
      • Investor Readiness
      • Sales Strategy
    • A three layered support mechanism with training, coaching and mentorship.
    • Every phase includes a Gate reviews to check the progress of the startups.
    • An Investor Demo-day to help reach to the wider startup ecosystem.
  • Portfolio Management – 3 Months
    • Help the startups in fundraising rounds, act as an investor relationship support.
    • Promote startups in relevant events and conferences.
    • Access to market with curate corporates
    • Access to Value added partners to help in the startup operath:ns.
Eligibility Criteria
  • At least 1 Founder from minority community or SC/ST or Women
  • TSUV is 100% India focused and look for startups that solve the challenges of real Bharat, even if the startup is located outside of India.
  • TSUV is looking for startups that have early revenues or minimum an MVP with initial customer traction.

For more information, visit https://thestepupventures.com/program/