Acceleration Model:
Acceleration Model:
This startup acceleration cohort model at Nutan Incubation Centre offers a comprehensive
pathway for startups, from idea inception to sustainable growth. It empowers innovators, guides
them through the complexities of entrepreneurship, and provides a nurturing environment to help
them flourish and make a significant impact in their chosen markets.
Local Innovation Ecosystem:
The local and regional innovation ecosystem of Pune, Maharashtra, is a vibrant and dynamic
network that has evolved over the years to foster entrepreneurship, innovation, and technological
advancement. With the Thriving Startup, Access to Skilled Talent, Strong Network of Incubators
and Accelerators & stronghold of medium and small industries – Pune and the neighbouring
areas has been excelling in creating innovation and development.
Phase 1: Ignite - Innovation Cohort
- Call for Applications: Applicants are invited to submit their startup ideas for consideration.
- Pitch Presentation: Shortlisted applicants are given the opportunity to present their startup ideas to a committee of experts. The committee evaluates the feasibility, innovation, and potential impact of each idea.
- Selection and Pre-Incubation: The committee selects the most promising startup ideas to enter the pre-incubation phase at Nutan Incubation Centre. These selected ideas receive dedicated mentorship and resources to refine their concepts.
- Skill Enhancement: For applicants whose ideas aren't selected for pre-incubation, we offer mentorship sessions, training, and skill-building programs to enhance their entrepreneurial knowledge.
Phase 2: Incubate - Nurturing Innovation
- Pre-Incubation: The selected startups undergo a pre-incubation program. This phase focuses on refining business models, product development, and market strategies. Dedicated mentors guide the founders.
- Mentor Sessions: Startups in this phase benefit from regular mentorship sessions. Experts from various industries provide guidance on specific challenges and opportunities.
- Events and Networking: The startups have opportunities to participate in events, workshops, and networking sessions, connecting with potential partners, investors, and customers.
- Funding Opportunities: We help startups in this phase access funding through pitch events, investor connections, and grants, ensuring they have the resources needed to grow.
Phase 3: Scale - Building Sustainable Ventures
- Market Access: Nutan Incubation Centre opens doors to markets, facilitating collaborations with industry leaders and helping startups expand their customer base.
- Exit Strategy: The exit strategy is flexible, based on the consensus of the founding team. It can occur when the startup achieves a specific milestone, secures sustainable revenue, or decides to register as a formal company.
- Post-Incubation Support: Even after 'graduation,' Nutan Incubation Centre continues to provide support, ensuring that the startups thrive in the market.