Venture Challenge 7.0
Venture Challenge 7.0 is the call for applications for Shiv Nadar AIC's annual incubation program. The program is designed to empower driven entrepreneurs by providing essential incubation support vital for propelling their businesses to new heights.
In the most recent cohort, over 390 aspiring entrepreneurs participated, out of which 102 shortlisted startups pitched their business ideas to a jury comprising successful founders, ecosystem enablers, investors, and academicians. Subsequently, 32 startups were selected.
The distinguishing feature of the Venture Challenge program is its provision of a fundraising platform to every startup in the cohort, allowing them to present their ideas directly to the potential investors.
Previous cohorts have witnessed an average increase of around 20% in startup valuations after their enrollment in our incubation program. The valuation of the current cohort stands at around 8200 lacs and our portfolio of startups has raised more than 3700 lacs of funding from various government agencies and private equity firms.
In addition to regular mentoring and networking sessions, the program enriches startups by offering invaluable international exposure through organized sessions with foreign delegates and subject matter experts.
What we offer:
- Training and Workshop with subject matter experts
- Commercialization Support
- Access to Investors and Funding
- Access to Govt. grants
- Co-working space
- Access to world-class research labs.
- Corporate Inclusion
Who can apply
- Validation Stage Startup
- Early Traction Startup
- Scaling Stage Startup
Post submission, the applications will be shortlisted based on parameters like:
- Novelty of idea
- Compelling solution
- Scalability potential
- Well-rounded team
Shortlisted applicants will have to present the idea to the screening committee. Post selection, the selected applicants will be enrolled for the incubation program.
Applications are open from January 4, 2024 till January 31, 2024