UIncept Acceleration Program powered by NUMA
Batch 1 of the Acceleration Program (February to July 2019) is currently ongoing. Stay tuned for more information on the next acceleration program.
EdTech | E-Learning | Skill Tech
REALIZE THE ABSOLUTE POTENTIAL OF YOUR ECCENTRIC VENTURE WITH OUR STRUCTURED 6-MONTH ACCELERATION PROGRAM, POWERED BY NUMA
From mentorship to money - we go the distance with you! With this program, we challenge, inspire and guide you to become the future business leaders. Through high-quality mentorship, seed funding, and global networking, we help you turn your early-stage startup into an investment-ready company.
With an advantageous partnership with Numa Paris, we have meticulously designed acceleration cohort for your venture to assist you in charting out strategic paths specific to your ideas and offerings so that you penetrate into the market with a solid, staunch strategy
On February 4, 2019, we embarked on our first cohort of Acceleration Program for startups in the education industry (EdTech, Skill Tech, and E-Learning).
NUMA is a France-based international innovation hub that operates worldwide and helps to build future-proof organizations and tech startups by making revolutions happen faster. They have been in the business since 2000, and today head 8 offices, 150+ innovation projects, work with a team of 130 people and have accelerated 300+ startups.
With this program, startups get access to NUMA’s international delegation and exchange programs. Experts and delegates from Numa will host special engagement and knowledge exchange sessions to broaden the perspective of young entrepreneurs and create more avenues for them with respect to their services and business model.
We grow when you thrive. Our heart and soul goes into ensuring thorough support to startups who trust us with their businesses.
In the 6-month long cohort, we work closely with the startups to convert their brilliant ventures into investment-ready companies. The startups work alongside respected mentors and industry experts to gain perspective on their entrepreneurial journey and to break into the market on the right foot. Just so you know, we are also matchmakers, making the businesses meet the right investors for a happy alliance and growth and success for both.
With the program we aim at:
Fast-tracking the growth of early age startups over a duration of 6 months
Nurture them into an investment-ready company through high-quality mentorship and numerous global networking opportunities
Assisting them in building their connections and client pipeline
Equipping startups with state-of-the-art facilities
Enabling them with capital funding opportunities, and administrative/legal solutions
If you get stuck anywhere, be it with sourcing the fitting equipment, connecting with important people in your industry or ideas crunch, all you need to do is spell out your dilemma and we’ll help you out with the solution.
What are you in for?
We know that a great idea needs the right guidance to become a blazing success!
For this program, we tied up with Innovation and Research Foundation to invite esteemed faculties from India’s most prestigious B-schools and IIMs for domain-specific workshops, and to extend industry insights to the startups working with us.
Having spearheaded numerous successful companies, mentors and advisors’ mentorship become a catalyst in mapping out the success stories for the young ventures.
The mentorship program focusses on giving you the 360° purview of the business ecosystem
Experience-based training covering live examples by experts will ensure that you are up for any challenge that comes in the way of your enterprise
Thought-provoking discussions with mentors will capacitate you to power your business ideas
The program also extends continual support from faculty and resources of JIMS network of institutes and universities
SWANKY WORKING GROUND
Elegant, fully-managed office space, designed to accommodate everything that you may need to run your enterprise effortlessly, including modular office space, sophisticated meeting room, classroom theatres, high-tech enabled conference room, ideation lab.
It’s not just your ordinary place of work. It’s a place where you come together and grow as one family, connect with people, and foster ideas.
UIncept’s workspace has been carefully designed with:
Spacious reception area
Sophisticated conference room with advanced projection technology
Event space to accommodate 100-120 attendees
Multipurpose room for training sessions to accommodate 40 attendees
Library with books recommended by entrepreneurs
Who are we looking for?
If you are an early stage startup with a team of driven entrepreneurs who wish to take the venture a notch up and develop a profitable and lasting global enterprise, we are looking for you!
With our first cohort in February 2019, we invited startups engaged in the education technology domain, and are open to industry diversification with time.
You can apply for our next cohort of acceleration program if you
Are early-stage startup (early traction/revenue to most valuable player - MVPs)
Have considerable growth potential with substantial monetary conversion
Are willing to relocate or travel to Gurgaon for the program duration
Do you all know about these magic three words: Network, Collaborate and Expand?
Networking is indeed a crucial element that defines your venture’s success and we assist in making business networking associations beneficial for your startup.
With routine investor meetups, CEO lunches, sessions with mentors and internal events you get the opportunity to talk to investors, potential clients and build a network of eminent contacts. And when you step into the market, you hit the ground running.
Our team helps you in drafting marketing and communication strategy, backed with thorough research, guidance, and case studies to launch your ideas in the market with a bang!
We equip you with marketing strategies that help you create a lasting impact on your TGs. Our pool of experts keeps you abreast with current market scenarios and emerging business trends to support you throughout your journey of becoming a successful entrepreneur and attain a pedal to metal growth.
Seed Funding Opportunities
Build your rocket, we’ll give the launch pad!
We expedite seed funding for your startup by providing educational and expert support, drafting your value proposition, and providing investment solutions.
We open doors to some of the most respected VCs and angel investors across the world so that you get requisite investment at the right time, and scale to new heights - rendering both profitable as well as sustainable business models.
If we believe that your idea is the next big thing, we won’t resist investing in it. We extend funding opportunity to eligible startups during or after the program to build them into fast-growing businesses.
Besides this, you also get access to the €700k worth of perks from our 70+ partners.
Meet our Mentors
At UIncept, you learn from the best names in the industry. Our pool of revered mentors equip you with the most effective and efficient business practices and keep you updated on the current and upcoming market trends. So you know the future of your venture is in good hands!
What does the program entail?
We constantly challenge our onboard entrepreneurs to ideate on new strategies and technologies; and guide them in new and effective ways of handling a nascent venture. In order to achieve this, we believe that infrastructure & solutions inspired model has a great role to play.
In return of the 6-month acceleration program, we acquire a holding of 3% of equity stake in your startup venture
With UIncept Acceleration Program, you sign up for:
KPI/Execution focused program tailored for startup needs
Weekly one-on-one with quality in-house resources (such as an Entrepreneur In Residence, EIR & Growth Hacker in Residence- an internal resource who helps the startups in aligning with support systems and network offered by /NUMA. He/She also keeps a check on startup progress during the program)
Multiple boot camps on the various core functions of startups including Design, Technology/Product, Growth Hacking
Lead mentor to provide industry insights and connections (each mentor is assigned as per startup requirement and the expertise that mentor holds in supporting the startup)
Here’s the program rundown
Build startup's strategy (1 month)
- Team building
- Kickoff event
- Assigning of mentors
- Perks partners day: A session with our perk partners which provides their products/services free or at subsidized costs to startups in the program..
OKR & Term Sheet 101: Defining Objective and Key results for startups as part of the program.
Get traction (4 months)
- Workshops & round tables
- Office hours with experts
- Weekly KPI/Roadmap and SCRUM meetings: Internal meetings to encourage collaboration and knowledge sharing
- CEO Breakfast: Startups interact with seasoned and successful CEOs.
- Product development sessions
-International expert hours: Kept with region specific mentors for startups looking to expand in their regions/countries or require specific support from an international mentor.
Access to seed funding (1 month)
- Pitch coaching sessions
- Storytelling workshop
- Angel meets
- Shark tanks
- Demo day
- International delegations
What does UIncept provide?
In exchange for a 3% equity stake, each startup participating in the 6-month program will benefit from:
• KPI/Execution focused program tailored for startup needs
• Weekly one-on-one with quality in-house resources (EIR & Growth Hacker in Residence)
• Strong alumni program & support to help startups with the scaling
• Lead mentor to provide industry insights and connections
• An international network of corporates, investors, founders and experts & mentors
• Deep connects in Education industry; 2 universities & 5 colleges and extended local & national network
• Access to the international delegation and exchange programs
• Free office space with meeting rooms, library, research lab, bunker beds, event space, classroom theatres in Gurgaon for 6 months
• Advance research lab with AR/VR, IoT, 3D Printing equipment (coming soon)
• Access to NUMA international locations across the world
• Introductions to Investors, angel & VCs across industries
• 700k Euro worth of perks from 70+ partners
• Additional to it, there is a funding opportunity from UIncept for eligible startups during or after the program.
What’s the selection process?
The selection process consists of three steps, starting right from the application. Only complete applications are evaluated. Applications are reviewed by the team and are scored by 3 evaluators. The score your application receives reflects various key factors of success including your team, experience, market and product. Depending on your score, you may be invited to participate in one-on-one interviews and pitch sessions. We will be selecting 8 to 10 startups for each season.
How do I know that my idea and business plan is protected?
We are committed to protecting the confidentiality of the applications we receive. Rest assured, we have no interest in sharing your application with non-evaluating parties. Your intellectual property is protected.
You do not have to write a business plan. All you have to do is to complete the application form. You’ll have to fill out information about your business, the team, the market.