The Virtual Incubation Programme of RSTCA is one of the largest of its kind with over 250 revenue generating startups who have successfully graduated from 18 cities. 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 RSTCA, 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.
RSTCA’ 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, RSTCA 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.