Deadline: 7-May-23
Are you a non profit founder working on resilient livelihoods and currently in the pilot to grow phase? If yes, then apply for this Incubator.
The/Nudge Incubator : The/Nudge Incubator is a catalyst for the nonprofit sector, nudging capable and committed problem solvers to work on some of the toughest problems faced by India’s poor. Over a period of 9 months, The/Nudge CSI Partners work closely with the founders to get their ideas in the best possible shape – ready to fundraise, hire and scale. Alongside, they offer an a grant of INR 15 lakhs, a network of world-class mentors, and connects to potential partners who can accelerate their path to scale readiness.
The/Nudge Incubator is a catalyst for the nonprofit sector, nudging capable and committed problem solvers to work on some of the toughest problems faced by India’s poor.
They incubate high potential non profit startups, working on India’s most critical livelihoods challenges
Apply to the second livelihoods focused cohort of The/Nudge Incubator
- Innovation Grant
- Dedicated Mentoring
- Sector Connects
What do they offer?
- Dedicated mentoring from some of India’s most admired leaders.
- Focussed support on fundraising.
- Innovation grant of ₹15 lakhs.
- A supportive network of founders, experts and administrators.
- Help with key milestones like brand building, funding, product-market fit etc.
What can I use the grant for?
- Innovation grant is to help you build a minimum viable product for your idea. This involves costs of experimentation: refining your model based on the interaction with your first beneficiaries and visible impact, costs of building capacity: hiring and training early team members, product development, and any other costs compliant with CSR law.
What do you offer to selected candidates?
- The deep hands-on support for 9 months includes
- 1-on-1 mentoring by a CSI partner for a period of 6 months through virtual interactions every two weeks. This helps entrepreneurs achieve strategic clarity and refine their business model.
- focussed support on fundraising. this helps entrepreneurs achieve clarity on your fundraising strategy and become fundraising ready.
- 1-on-1 weekly support by the SocEnt portfolio manager, as a thought partner, and skin-in-the-game collaborator in the success of their incubatees.
- face-to-face as well as virtual immersion events, usually held in Bangalore during the various bootcamps. these are designed to help entrepreneurs to meet fellow cohort members, immerse in The/Nudge CSI DNA through interactions with some of India’s most admired leaders, forge a bond with the The/Nudge SocEnt portfolio manager, and the The/Nudge CSI Partner assigned to be their mentor and most importantly, to get ready to pitch and fundraise.
Eligibility Criteria
- Early-stage startup (0-3 years) working towards a Minimum Viable Product.
- Registered as a section 8 company, a trust or a society.
- Your solution provides resilient livelihoods for the poorest of the poor or acts as a change transmitter providing financial, marketing or technology agency to the underserved for resilient livelihoods.
- At least one founder working on the idea full time.
For more information, visit The/Nudge.