Incubation Program

Apply to RE-Rise Incubation Program

Apply to RE-Rise Incubation Program application are Invited. We are taking applications for our 2nd Batch starting in September 2017.

Application deadline is August 15th 2017.

Apply Now

Eligibility

  • At-least one of the Founder must be from India or UK.
  • Should be in Early stage (Post-Ideation/MVP/Post- MVP/Pre-Launch)
  • At least one of the Founders comes with a commitment to stay for more than 1 year with the team
  • Should be from Clean tech, Electric vehicle, Organic farming, Social entrepreneurship, IOT, Gaming, Aggregators & Platforms, Education Technology, Health Care, Emerging Technology sectors

Programs

  • Standard - A standard 12-months incubation program for the startups, mentored by relevant industry person
  • Green – A rapid action incubation process, mentored by RE-Rise core team

Application Process

  • If you wish to apply for Standard/Green Incubation program, you may apply online before the application deadline. You may opt for both the programs, basis our evaluation, we shall allot the best-suited program for you.
  • Your application will be routed through multiple level of evaluation:
    • Pre-Approval : RE-Rise Internal team evaluates the idea & gives a conditional approval
    • Mentor-Approval : Our automatized system shares the application with 3 mentors from related industry segments for approval
    • Incubation Agreement : Upon Mentor approval, Incubation agreement & Non- disclosure agreement is floated, for the applicant to sign & upload
    • Green Entrepreneurship Learning Program : A mandatory program for every applicant & its team members to go through the 7-hour webinar series, which gives insights of the business world & provides business presentation tools. This program is covered with a nominal coverage charge of INR 3000 per head.
  • Post GELP, we tell you whether you are selected for the program & for which program followed by a Mentor Allotment Process

Incubation Fee

We partner with the Incubatee startup and put our skin in the game of making & helping the startup grow. In order to do that, we take 10% promoter’s equity in the startup with a buy- back option after 3 years. This fee is shared with the Mentor & the workspace partners. We believe, if we can contribute to the success of the startup, a value comes to us.


Benefits

We have subsidized most of the Infrastructure fees to a greater extent in order to not burden the startup with high initial cost burden.


  • Mentorship – Included in Incubation Fee
  • Workspace – Rs. 2500 + taxes per head/per month
  • Internet – Rs. 100 per device per month
  • Printer & Scanner Access – Rs. 500 per month
  • Electricity & Water – NIL
  • Admin Expenses – NIL
  • Security Deposit – NIL