In what is a fresh new addition to the growing list of incubators India has seen this year, UDGAM Incubator has announced an all new batch of UDGAM Incubation Program and is inviting applications for the same. The announcement was made at startup event organized by UDGAM at India Habitat Centre on Wednesday.
Brainchild of founder of JIMS Group of Institutions Manish Gupta, this program by UDGAM Incubator is first of its kind in India. The selected startups will first get an opportunity to be a part of its six week educational Program followed by an incubation of six months at Gurugram and Jaipur.
Manish Gupta, Founder, JIMS and UDGAM said at the event,
We plan to select startups from across verticals. The criteria for the selection remain market vision with a scalable ambition, a solid team committed to the project, creative ideas and capacity to grow. Any startup with a basic prototype can apply for the program.
Under Incubation, UDGAM will provide startups with office space, assistance in marketing, networking, logistics, mentoring and recruitment. It may offer seed fund or angel fund to the projects incubated by it. Startups with adequate primary or secondary research about their business plan supported with proper facts and figures can apply for the program. However, applications at the ideation stage may also be considered. All they need to do is register at the website to apply.
Divya Gupta, CEO, UDGAM said,
Entrepreneurs come up with brilliant ideas but a lot of them need training for executing it. Helping them execute the idea is why we have started this one of its kind program in India.
In the span of next one year, UDGAM plans to nurture at least fifty early stage startups across Delhi and Jaipur and help them attain profitable models besides attracting talent and funding. It has already incubated startups in varied verticals last year. Globox, StudyApt, Educonnectin, Ease Your Biz, ServX, University Connection, Karmbhoomi, Corporate Shiksha, Wholesale Bazaar and Aboard Office are the ones to name a few.