Virtual Incubation Programme
The Virtual Incubation Programme of Kolkata Ventures is one of the largest of its kind with over 250 revenue generating startups who have successfully graduated from 18 cities in India. Strategy mentorship with a clear focus on growing your business with minimum resources is the key to the success of our programme.
BUSINESS MODEL OPTIMIZATION
We understand that every business is different and needs a unique strategy to be successful. Thus, as part of the incubation programme you will be assigned a mentor who is a successful entrepreneur or an industry expert. Through insightful interactions, your mentor will get to know you at a deeper level, understand your strengths and help you identify opportunities that are crucial for the right strategy for your business.
The Startup Dashboard is your personalized status dashboard which is the nodal backbone of the programme. It provides you a structured platform to get access to startup resources and support from your mentors. It helps you to keep track of your progress based on the milestones set by your mentors.
PROGRESS TRACKING REPORT
At the end of every month, you receive a personalized progress tracking report. This report is prepared by our team in conjunction with your mentor and other experts. This report highlights the areas of strengths and weaknesses of your startup. The report also provides indicators that helps you to benchmark your progress with other startups in similar domains.
ENTREPRENEURSHIP EDUCATION & SKILL DEV
As an incubatee of Kolkata Ventures, you get access to our weekly webinars and priority access to our events. Our webinars give you the opportunity to interact and ask questions to industry experts and mentors. Our Launchpad events are 5-8 hours of power packed business learning bringing together the best minds in the country. Get up close and personal with Millionaires, successful entrepreneurs and industry leaders.
Kolkata Ventures’ incubatees get exclusive access to the startup resources and services. This includes free legal and IT advice. It also includes subsidized services such as Legal Assistance, Website/Web App Development, Mobile App Development, Promo Videos, Content Writing and online/offline marketing.
Ideation Level Incubation
Ideation level incubation is for individuals who are either about to start or have just started working on their business. The goal of Ideation Level Incubation is to take you from the stage of ideation to the stage of consistently generating revenue by having a stable, scalable and a robust business model.
- Duration: 3 months.
- Registration fees: Rs. 5000 (to be paid only upon selection).
Growth incubation is for startups who are consistently generating revenue and are looking to restructure their business model to eliminate bottle-necks and grow their revenues. The goal is to restructure the core business model to help you increase your sales volumes and profitability.
- Duration: 4 months.
- Registration fees: Rs. 12000 (to be paid only upon selection).
Scale up Incubation
Scale up incubation is for startups who have a clearly defined business model, are consistently generating revenue and are looking to expand into new markets. The goal of Scaling up incubation is to facilitate this process of expansion through access to investment, expert mentorship and specific resources.
- Duration: 5 months.
- Registration fees: Rs. 25000 (to be paid only upon selection).
As part of the incubation programme, Kolkata Ventures supports startups at each stage to help them grow and progress to the next. The level of incubation that your startup is eligible for will be decided during the selection process by our selection committee.
Revenue generating Startups who have successfully graduated from our programme.
Average number of days our startups take to start generating revenue after the commencement of the programme.
Startups who successfully graduate from our programme stay in business 6 months after graduation. A very high success rate considering the fact that only 3% of startups in India stay in business 6 months after their founding.
- Please apply by clicking the ‘Apply Now’ button and submitting the application form with relevant details.
- Your application will go through a screening process which will include preliminary evaluation and telephonic interviews.
- The top participants from the interview rounds will be selected to register for the Incubation Programme.
- Programme Commencement: 5th of August 2018
- Last Date to Apply: 30th of July 2018
- The applicant should be over the age of 18 at the time of starting of the Programme.
- There are no specific restrictions on the type of idea/business plan.
Our Startups have been featured in
“World class mentorship and virtual incubation. Grateful to Mr. Avelo Roy and Team for their wisdom and guidance. Few of the strategies that I learnt which have been very useful for me are ‘Dream Big, Start small and grow really fast’ and ‘ Start with Zero money and grow with client’s Money’.”
Co-Founder, AutoSync Technologies, Bangalore
“The Virtual Incubation Programme taught me how to start from Zero money and grow with my customers’ money. The mentorship that I received from Kolkata Ventures has been crucial to the growth of my startup.”
Co-Founder, Think Again Lab, Kolkata
A sneak-peek into one of our Launchpad Events.
Your mentors are industry experts who have done it themselves and made it big. They will be guiding you through the process of building your business.
— MD, Kolkata Ventures
Built 3 multi-million dollar businesses in the US. Tedx Speaker. Featured on CNN Money, ABC7, Huffington Post, Chicago Tribune and other US and Indian news media.
— Co-Founder, eMotion Group
Self-made millionaire and a product development expert. Won 14 business plan competitions in the United States.
— Executive Director, Pongworks (USA)
A software tycoon with $25 million+ worth of products under his belt in industries including healthcare automation, real estate, artificial intelligence and consumer electronics.
Prof. Nik Rokop
— Chair, Entrepreneurship Academy Council, Illinois Institute of Technology (USA)
Has more than 30 years of successful entrepreneurial experience in engineering, manufacturing, sales, marketing and international operations.
— CEO, Kolkata Ventures
IIT Kharagpur Alum. Co-Founded an Industrial Automation Startup with Fortune 500 companies as clients. Featured in Times of India, The Telegraph, Economic Times and other prominent news media.
Dr. David Pistrui
— CEO, Acumen Dynamics (USA)
Double PhD holder in Entrepreneurship and Sociology. Managing Director of the Wharton Enterprising Families Initiative, Wharton School of Business and advisor of the Government of Bahrain. Featured in CNN, INC. Magazine, Entrepreneur and other news media.
— CEO, Spring Ventures (Hong Kong)
Has been the CEO of a massive 40,000 people design and manufacturing company is China and Hong Kong for the last 20 years. Expert at hardware development, pre-production runs, product sourcing, marketing and distribution.
— CEO, KAIL Limited (Videocon Subsidiary)
Head of one of the largest manufacturing facilities in Eastern India. Vast experience in the consumer electronics industry having sold over $100 million dollars worth of consumer electronics.