Entrepreneurship Development Program
Ideate!
Create a market driven concept
Innovate!
Develop your business or product idea
Instantiate!
Stabilize your business success
Where innovation meets education, our acceleration process will showcase how Entrepreneurship Development Program is reinventing itself through ground breaking entrepreneurial innovation and corporate investment.
Innovspace equips early stage start-ups to amplify its growth from assisting entrepreneurs in multitasking business criterion till reaching a high commercial market value, Innovspace team endeavours to promote and stabilize the associated start-up ventures.
Innovspace ensures their visionary clientele get an excellent growth platform for their business success. The member start-ups sustain to thrive by our varied start-up services such as quality business advice and mentorship, extensive expertise network and modern technical and operational facilities.
The Entrepreneurship program at Innovspace utilizes a three-step process
- Start-up (Becoming) entrepreneurs – Pre-Accelerator
- Business acceleration services-building a growth company – Business Accelerator
- Hub-services for alumni companies – Alumni hub
From pre acceleration (validation) through Acceleration (scale-up), Innovspace programs has everything in place to support you in your journey towards a successful business.
Needless to say, our programs follows strict adherence to quality process for business achievement at the right time.
Program Member benefits:
- Unique entrepreneurial environment
- Co-working or Virtual office space and access to Innovspace facilities at a discounted price
- Periodic founder training and business inputs at different stages of their development
- Periodic speech sessions and networking with inspirational speakers
- Offers in various foundation programs in Coimbatore and other Tier II and Tier III regions
- Suitable and compatible mentor assistance
- Discount on partner events aimed at accelerator start-ups
- Free participation in the Innovspace open client and pop up events
- Visibility on Innovspace web site and accelerator Alumni services
- Utilize Innovspace internal web for assembled networking and development services
- Hands on financial, legal and IP support/advice as needed
In this pre-accelerator program :
- We will work with you to develop a detailed business plan to support your business idea that includes ‘Prospective Founder coaching Corners’ with business coaches (1 hour per company, 1-2 slots per month per company)
- Business Model Canvas training (1 event per month)
- Opportunity to take part in pop–up events (finance, law etc., 1 hour per company by invitation)
- Opportunity to take part in open networking events and expert info sessions organized by Innovspace and Avant Garde Global Institute.
You will also have easy access to an extensive network, which includes start-up entrepreneurs and other invaluable contacts in the technology, non-technology and other innovative sectors. Here you can take advantage from our unique entrepreneurial environment and its potential (eg. Entrepreneurial co-operation, business consultancy, mentoring services, events). You will also have access to our office space to meet your growing needs and fully serviced facilities included in the package. Please call our office for the package details.
In addition, Innovspace also offers various development programs to entrepreneurs in Coimbatore and other Tier II and Tier III regions, that include Business English and Leadership Soft Skills.
Who is Eligible?
Pre-accelerator may apply to anyone who has a business idea and a desire to become an entrepreneur.
How to Apply?
To initiate the application process, get in touch with us
If we deem the idea is suitable for a business conversion and is adequately scalable, we will convene you and your team in person and consider the best alternatives for validating, and accelerating your idea forward to a business.
We are especially interested in scalable, business ideas as well as start-ups from innovative fields. The offering itself can be a physical merchandise, a service or a combination of both. All uses of technology that increase scalability are seen as a plus.
A pre-accelerator contract is always made for 6 months at a time, maximum time for a company to be in the pre–accelerator phase is one year.
From its networks, the accelerator can facilitate and utilize ideas, research, contacts, know-how and funding. At the same time, it replenishes its networks with ideas and know-how of its own. New networks are built actively. The accelerator works as a link between parties that can benefit from each other – ideas and communities are found and offered to accelerator companies.
Who is eligible?
When you have created a company and formulated a business plan, you can apply to our business accelerator program. The program does not require you to have a degree in business or prior experience in the field. The company must possess a company identification and be no more than two years old. The type of company does not matter, but we recommend forming a private limited company.
How to Apply?
To initiate the application process, get in touch with us
If we deem your company is suitable for the accelerator’s profile and find your business idea adequately scalable, we will convene you and your team in person and consider the best alternatives for accelerating your business forward.
We are especially interested in scalable, business ideas as well as start-ups from innovative fields. The offering itself can be a physical merchandise, a service or a combination of both. All uses of technology that increase scalability are seen as a plus.
In the final part of the assessment, we apprise ourselves with your business plan and discuss it in detail. After gaining all the necessary material, our business counselor will form a selection report, which will be handled in our weekly staff meeting together with selection reports of other applicants. Within 1-2 weeks of acquiring all the relevant material, we will make the final decision regarding your application.
An accelerator contract is always made for one year at a time, the maximum time for a company to be in the accelerator is three years.
Innovspace offers accelerator-fostered companies the prospect to remain and take part in accelerator activities after the completion of their formal program period.
Companies can advantage from various networking events, support and business advice to aid their ongoing success.
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info@innovspace.com
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+91 98406 69944
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Location
277/1A, Annamalai Industrial Park,
Kalapatti, Coimbatore – 48.