UIncept Incubation Program

Jump to section: What does the program entail / Who is it for / Meet our mentors / FAQs

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Got a startup idea?

We’ve got what it takes for you to take the plunge.

We believe in you. We believe in your ideas. If you have the conviction to break the clutter and the glass ceiling, we will hand you the hammer and show you how!

Starting out on your own with a radical idea in your head? Be a part of our 11-month Incubation Program

We understand that each business has its unique needs. Therefore, we customize the program to support your business idea and turn it into a scalable enterprise, with a working product/service. Our mentors from IRF (Innovation & Research Foundation), comprise of an interdisciplinary team of experts from leading institutions i.e.IIMs (Indian Institute of Management), NID (National Institute of Design), MICA (Mudra Institute of Communications Ahmedabad) and IITs (Indian Institute of Technology). The team will conceptualise and head boot camps and sessions to cover all business aspects in context of a start up. The program includes an entrepreneurship course to help you get the elemental right - the legal, financial, and administrative side of running a business.

Innovation & Research Foundation (IRF) have come on board as knowledge partners for the program to help you get hands-on field and industry insights, for better and efficient product and market planning.

Startups supported with tangible facts, figures and research about the feasibility of their business ideas will go ahead with the incubation process by the end of the 11-month program.


With the program, we aim to

  • Provide extensive training, mentoring and insights from a faculty of global standing, with a module that draws heavily on case studies and practical application to transform individuals into exceptional entrepreneurs

  • Extend insights into new venture creation methodology and exposure you to the Indian entrepreneurial ecosystem

  • Build specific areas of entrepreneurial abilities aided with interactive classwork and expert mentors

  • Help budding entrepreneurs to convert their substantial ideas into effective business models

  • Incubate young companies to render them sustainable and investment-ready

  • Assist companies structure and crack a profitable business model

  • Nurture business scions into next-generation business leaders


What does the program entail?

We constantly challenge our budding entrepreneurs to come up with new ideas, strategies, and technologies; and guide them in learning the 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 exchange for the 11-month incubation program, we charge the course fee or 12% equity stake in your venture, in exchange for the fee

Here’s the rundown of the program

This is an 11-month fast track program delivered through a practice-based approach to teaching entrepreneurship to help develops skills, knowledge, and competence, necessary for an individual to become a successful entrepreneurial leader.

The program is designed to include
1) the entrepreneurial course that helps you master the business and market ecosystem
2) incubating your venture to help you build viable and market-ready product/service at the end of the program

The program runs over four quarters of 12 weeks each with a specific focus, where the courses and group learning processes of that quarter are aligned.

The course is designed in a blended learning format with 8 to 12 hours of classroom engagement per week. Brilliant ideas fostered during the course will be incubated into working, market-ready products, post three weeks of theory and training program.

 
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The Entrepreneurial Mindset
Revolutionize Your Business
Business Lab

This module is designed to introduce you to the broad definition of the diverse topic of entrepreneurship and to give you an overview of the field.You would gain an insight on developing the entrepreneurial thought process through active participation, Learn about the upcoming sectors, industries and technologies to help you revolutionize your business.

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• Design thinking for Innovation
• Cracking The Creativity Code
• Design Lab

This module will take you through opportunity validation, building an MVP and all specific requirements in starting your venture. You would be introduced to the concept of design thinking and using the methodologies to develop your business idea. Individuals would be encouraged to see entrepreneurship from a creative aspect as part of the curriculum.

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• Financial Analysis for Decision Making
• Digital Product Management
• New Venture Lab

Startups are designed to scale rapidly. This module provides an overview of demand generation, customer acquisition, marketing strategies, forecasting demand and pricing factors. Financial analysis and decision making would also be discussed in detail along with digital product management.

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• Strategic Brand Management
• Venture Pitching Lab
• Entrepreneurship in Emerging Economies

This module is designed to understand the external factors of financing including financial valuations, private and public financing, calculating break even. The individual would be exposed to pitch techniques, exit strategies and investor sessions. You would also learn about entrepreneurship in emerging economies and finally strategic brand management for continuous scalability of business.


 
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Skill Development Sessions
Total Sessions Topics for the sessions
Any 6 Topics Communication Skills Content Marketing Networking Skills
Google Analytics PPT Skills Entrepreneur Skill Development
Digital Marketing Social Media Management Disaster Management
Google Tools Negotiation Skills Team Building Exercise
 
 

The course is subject to change*

Who is it for?

A comprehensive program for those who wish to start their own venture

  • Aspiring Entrepreneurs

  • Intrapreneurs who wish to lead new product development in existing companies

  • Scions of business families who want to explore new verticals for their venture

What are you in for?

Holistic Learning

Think outside the Classroom - Workshops, outdoor activities and training sessions to bring your ideas into reality.

Perfect Blend of Offline and Online - An offline program integrated with the best online courses for entrepreneurs, delivered by leading universities of the world.

Soft Skills and Personality Development - A model developed for the overall growth of an individual in becoming a successful entrepreneur.

Networking & Community

Get Connected - Get guidance and insights from prominent mentors, industry experts, and startup investors.

Alumni Connect - Learn from successful alumni entrepreneurs as they share their journey with you.

Peer Collaborations - Network with like-minded individuals, ideators, creators as part of the group class.

Startup!

Launch while you Learn - Get an opportunity to startup during the tenure or post completion of the program.

Startup Pitch Decks - Create your startup pitch and be investor ready with our support.

Operational Support - Avail of accounting, Legal and HR support, crucial for a firm foundation for your enterprise.

Get Incubated - Incubate your company, convert your idea into a practical reality, and set off on your entrepreneurial journey.

Startup Kit

A. Infrastructure Support

  • Office Space (2 Members for 6 months)

  • Access to Meeting Room and Calling Booths (20 hrs per month)

  • Hosting an Event at the premises (1 event Inviting upto 50 people only)

  • Residential facility available

B. IT Support Services

  • Free AWS Cloud Credits

  • Free Digital Ocean Credits

  • Free Cloud Telephony support for 6 months

  • IT Consultation for Product/Service framework (15 Sessions)

C. Business Support Services

  • Hiring Support (Free Posting for 5 Job Openings)

  • Free Transactional Messages for 6 months (25000 per month)

  • SendGrid Email Credits for 1 Year


 
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Mentorship  

We believe in partnering with organizations and mentors who have been pioneers in their respective fields so that the entrepreneurs who become a part of our programs learn from only the best faculties. For this program, we associated with Innovation and Research Foundation to invite their esteemed team members comprising of faculty members, from India’s most prestigious Technology & B-schools, IITs and IIMs for domain-specific workshops.

  • The mentors focus 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

Networking

Networking is one of the major pillars on which the success of your venture rests. Through this program, you will get numerous opportunities to talk with investors, potential clients and build a network of eminent contacts.

With routine investor meetups, CEO lunches, sessions with mentors and internal events you get to strengthen your connections, so when you step into the market, you have your way set to scale up.

Marketing

Through research, guidance, and case studies, our mentors help you in drafting marketing and communication strategy for your venture, so that you launch your brand in the market with an impact of the highest degree and create a lasting impression on your TG!  Our mentors keep you updated with current market trends while you’re working on growing your startup through the 11-month journey and beyond.

Swanky Working Ground

Entrepreneurs, we offer elegant workspace that accommodates all the amenities that you may require to function and your enterprise effortlessly. 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:

  • Plug and play desk

  • 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

  • Ideation lab

  • Research lab

  • In-house cafeteria

Meet our Mentors

At UINCEPT let leaders lead you on! We provide mentoring to startups through high-quality mentoring programs driven by internationally acclaimed organization, Innovation & Research Foundation, that help to foster your development and provide guidance in reducing risks and overcoming obstacles.

Core Mentors

 
Dr. Piyush K Sinha  Trustee, Innovation & Research Foundation Former Professor, Marketing and Retailing Faculty, IIM Ahmedabad  LinkedIn

Dr. Piyush K Sinha
Trustee, Innovation & Research Foundation
Former Professor, Marketing and Retailing Faculty, IIM Ahmedabad
LinkedIn

Rohit Swarup  Founder Director, Xplora Design Skool & Futurz Xplored Managing Trustee, IRF  LinkedIn

Rohit Swarup
Founder Director, Xplora Design Skool & Futurz Xplored
Managing Trustee, IRF
LinkedIn

Subhash Tendle   Member, Innovation & Research Foundation Professor & Head – Crafting Creative Communication, MICA  Former Creative Director, FCB-Ulka  LinkedIn

Subhash Tendle
Member, Innovation & Research Foundation
Professor & Head – Crafting Creative Communication, MICA
Former Creative Director, FCB-Ulka
LinkedIn

Vijay Singh Katiyar  Trustee, Innovation & Research Foundation Officiating Director, National Institute of Design  LinkedIn

Vijay Singh Katiyar
Trustee, Innovation & Research Foundation
Officiating Director, National Institute of Design
LinkedIn

 

Mentors

 
Amar Gargesh   On Advisory Board of Design Development Academy Director, Avbodh Knowledge Foundation

Amar Gargesh
On Advisory Board of Design Development Academy
Director, Avbodh Knowledge Foundation

Ninad Shastri  Founder Director, Xplora Design Skool

Ninad Shastri
Founder Director, Xplora Design Skool

Romita Swarup  Senior Mentor, Futurz Xplored

Romita Swarup
Senior Mentor, Futurz Xplored

 

Karmjitsinh Bihola
Assistant Professor, Centre for Industrial Design, GTU

Dr. Somayajulu Garimella
Former Dean, Executive Education, IMT Ghaziabad
Visiting Professor at IIM Kozhikode, IIM Amritsar, IIFT Delhi, FMS (Delhi University), and University of Hyderabad

Ishteyaq Ahmed Quadri
Senior Mentor, Xplora Design Skool

 
 

Apply Now

Wish to be a part of UIncept’s Incubation program? Share your details here and we will get in touch with you.

 

Contact Us

We’re located at M3M Cosmopolitan, right on Golf Course Extension Road, Gurgaon. The location is well connected with Delhi Jaipur Highway - NH8, Golf Course Road, Sohna Road, Southern Peripheral Road, Delhi via Golf Course Road. and Faridabad Metro is also proposed to pass through Golf Course Extension road.

Address: UIncept Incubation Center, M3M Cosmopolitan, Badshahpur, Sector 66, Gurugram, Haryana 122002

Email Id: support@uincept.com

Phone:  +91-8448185955, 0124-4530219

Frequently Asked Questions

Who should consider this program?
This incubation program is meant for individuals who are looking to start their own ventures, also those who wish to gain entrepreneurship skills. You can apply to the program even if you only have an idea for a startup venture.

When does the application process start?
The application process for the program has already begun and is open till April 30, 2019, you may fill in the form and we'll get in touch with you at the earliest. 

What is the selection process for the program?
The selection is based on the online applications filled by the applicants. Shortlisted applications will be called for interviews with the evaluators. Based on the panel review startup ideas would be selected for the program.

What if I do not wish to share equity for my startup venture?
Any individual selected for the program has to share 12% equity of their incubated venture for the program. If you do not want to dilute equity then you have an option of paying a fee of Rs. 5 Lac (excluding applicable taxes) in lieu. You also have an option to buy-back the equity from us till 30th October, 2019 by paying the same fees. 

Are all the ideas eligible for Incubation?
Any individual with a startup idea can apply to the program, but only the viable ideas who bode well on the parameters of competency, scalability will be taken forward with the incubation process.

Are only technology based ideas eligible for incubation?
There are no bounds on the type of business idea. All startup ideas whether online or offline, tech oriented or physical product oriented can apply for the program, as long as the idea is unique vis-à-vis the competition.

Will you help me in fund raising?
We would host pitch and demo days with investors at the end of the program. These sessions will help you connect with various seed and angel investors and attract funding for your venture.

How will the program benefit me?
The program will guide you in making your business idea into a reality using the best methodologies and practices so as to increase your chances of success with your venture. Under this one of a kind program you would also have an option to get support for your business venture in terms of infrastructure, mentoring, expert hours, etc.

How is this program different from any other incubation program being offered?
This program has been designed through an experienced startup incubator which understands the needs and requirements of next generation entrepreneurs. The offline sessions for the program would be conducted by prominent business leaders, India’s top entrepreneurial thinkers/doers and experienced faculty from elite colleges and universities across India. While we follow a unique execution method in terms of  deliverance of knowledge & learning, we also customize the program as per the needs of your venture.

What is the duration of the program?
The program has been divided into 4 modules which would be completed in 11 months, during which we'll work with you to have your product/service launched in the market.

Can I apply for the program if I am working in a company?
Since it is an intensive program where-in weekly sessions would be taken by mentors, business leaders and other partners, it can become difficult for you to pursue the program. Apply only if you think you can dedicate your full-time for the program. 

What will be the location of the program?
The program would be conducted at UIncept Startup Hub, located at 10th Floor, M3M Cosmopolitan, Sector-66, Gurugram. It is an excellently designed purpose built facility. 

What would happen post completion of the program?
Post completion of the program, ideally you would have started your own business venture with some traction and revenues on book. Based on the venture you also become eligible for pitching your startup to our network of investors to get funding for your venture. Also as a UIncept alumni you would always be able to take advantage of our network in the startup and corporate ecosystem to help you scale your venture. 

What will be the benefits of Incubation through you?
UIncept has an extensive network of support for incubation and can help startups to excel in their ventures. Also, there would be a startup kit provided to you, which would have multiple benefits and cost savings for your venture. To know the complete proposition, please click here.

Will I have access to the infrastructure and facilities during the program?
During the incubation program you would be given access to the complete infrastructure and facility support such as co-working space, research lab with AR/VR studios, library, conference room, bunker beds and gaming zone. 

Can I collaborate or partner with other individuals during the incubation program?
We would always encourage such types of collaborations and partnerships to occur during the program. But do bear in mind that any dealings or terms of engagement would be amongst the participating parties, and UIncept or any of it’s employees will not be involved in any way.

What if I want to drop out of the incubation program?
Unfortunately, if you drop out from the program, the fee and deposit can't be refunded to you, and in case you had opted for 12% equity dilution post forming your company, you will need to carry that out, irrespective of when you drop out of the program. 

Will I get a rebate in fees if I and my cofounder both join this incubation program?
In case you and your co-founder had opted for 12% equity dilution then it will only be acquired from the newly formed company. But since the fee is non-refundable, you won't be able to claim it for reimbursement, in case either of you had opted for the fee.

I have not formed a legal entity for my startup, can I apply?
You can certainly apply for incubation and if selected, it will be mandatory for you to form a private limited company within 30 days, for which we'll help you with all the necessary paperwork and guidance for a hassle free process.