This programme is for you if you have an idea or technology that has significant potential for being incorporated into an independent start-up venture, then this pre-incubation program can help reduce certain vagueness, provide better technology and aggregating certain key missing components prior to new venture creation. Once a marketplace technology/product idea is evolved, a company can be formed and SP-TBI can look at incubation stage.
Duration – 1 year(can be extended)
Once an Entrepreneur submits the application, he/she will go through three rounds of evaluation.
For the first stage of screening, the information provided in the application will be evaluated.
The founder will be evaluated on Team Capabilities and Relevance of Experience in the second stage, which will entail a telephonic or physical encounter. Stage/type of product, business proposition, size of the opportunity, and so on.
The steering committee members, which include the Chief Executive Officer and Higher Management, will preside over the final selection stage.