IAN incubator

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For entrepreneurs. By entrepreneurs. Welcome to the Indian Angel Network Incubator

Transcript of IAN incubator

Page 1: IAN incubator

For entrepreneurs. By entrepreneurs.

Welcome to the

Indian Angel Network Incubator

Page 2: IAN incubator

For entrepreneurs. By entrepreneurs.

IAN Incubator

• Raised in 2010

• Creating, Nurturing and Strengthening

the early-stage entrepreneurial eco-

system in India

• Create a pipeline for the IAN Investment

platform

• Section 25/Section 8 Company

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For entrepreneurs. By entrepreneurs.

Unique Public-Private Partnership model to

amplify the scale and impact

• Supported by the Department of Science & Technology , Government of India for access to technologies, expertise & infrastructure

• Grant from Technology Development Board (TDB) to offer seed support to start-ups

• Approved by Ministry of Small & Medium Enterprises (MSME) which allows our Incubatees to tap MSME schemes for start ups

• Approval lends Accreditation and Credibility

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For entrepreneurs. By entrepreneurs.

The IAN Incubator model

Page 5: IAN incubator

For entrepreneurs. By entrepreneurs.

IAN Incubator model

• One-year virtual incubation program – created ability

to scale by removing the biggest bottleneck i.e. physical space

• A mentor engages with the startup for the

duration of the program – ensured that value is not

dependent on external resources

• Equity based model – equity also shared with the

mentor – created an incentive for mentors to participate

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For entrepreneurs. By entrepreneurs.

The IAN Incubator - Differentiators• Experienced entrepreneurs and industry veterans as mentors – connecting top of the

industry to ground level innovation

• Ability to provide insights and access to markets, customers – for pilot testing of

products/services, prototype making and refining

• Landing space for entrepreneurs in cities across India

• No limitation of physical relocation – on-phone or online interactions, with in-person

meetings when appropriate

• Opportunity for early-look ‘showcase’ interactions with investors – valuable for feedback

• Access to various types of funding, including government grants, debt and equity

investments

• Benefits and credits from partner organizations

• Visibility on all online properties

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For entrepreneurs. By entrepreneurs.

Over 300 investor members

+

Over 300 mentors

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For entrepreneurs. By entrepreneurs.

IAN Incubator significantly

increases the chances of

success of startups

• 14 portfolio companies raise seed

capital and funding

• 5 portfolio companies have filed for

IP

• 6 companies have won national

and international awards

• 50% of our portfolio companies

generate revenues

• 1 company was part of the first 500

Startups batch from India

The IAN investor and mentor

network helps startups with

mentoring, inspiration, advice and

assistance in taking their ventures to

the next level.

1 out of every 3 companies in the

IAN Incubation program have tasted

progress and success, including

seed funding and investments.

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For entrepreneurs. By entrepreneurs.

Building awareness through on-ground workshops & events, online

sessions and one-on-one mentoring clinics

• IAN organizes & partners over 100+ events through the year across cities

• IAN assists E-cells in education institutions to help create more

entrepreneurs - Partners include leading institutions like IITs, ISB, NIT,

IIM’s, etc.

• IAN Incubator partners with leading entrepreneur development

organisations to grow and strengthen the entrepreneurial eco-system

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For entrepreneurs. By entrepreneurs.

Initiatives to strengthen the

entrepreneurial eco-system

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New initiatives : In addition to the standard incubation

program, we have embarked upon the following partnerships

• IAN-Michelin Incubation Program

• IAN-GIZ-SIDBI Incubation Program

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For entrepreneurs. By entrepreneurs.

IAN-Michelin Incubation Program

• Called F2ML, the program is designed to provide mentoring, access to funding and

technical assistance by industry experts to innovators whose solutions will make the

food supply chain operate more efficiently i.e. faster , better, cheaper and generate

less waste.

• Farm-to-Market Logistics includes products and services in the area of procurement,

transportation, storage, distribution, preservation, processing and retailing of farm

produce.

• The program envisages incubation for 06 innovations in the current engagement/year.

• Going forward, the current engagement could be extended, or re-launched in a new

space.

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IAN- GIZ-SIDBI Incubation Program

• Incubate “ for profit” enterprises in the social impact space.

• Some focus areas could be:

Agriculture and rural development

Financial inclusion

Technology

Education & Vocational training

Low cost healthcare delivery

Water and sanitation

Clean energy

Rural tourism

Other sectors with a social impact

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For entrepreneurs. By entrepreneurs.

The IAN Incubator Team

• Sanjay Verma : Incubator Manager

• Stanley Stephen : Incubatee Manager

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For entrepreneurs. By entrepreneurs.

Thank you