Atal Incubation Centre Launches the 7th Edition of its Annual Incubation Program - Venture Challenge
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.