iLabHub

Incubation Programs

iLabHub Incubation Program is aimed to nurture Startups in early stages. We provide mentoring from Industry experts to provide sufficient exposure and build expertise to enhance the growth rate in Startups.

Duration: 12 months and can be extended to 18 months on a case by case basis.

Program Offerings

  • Mentoring Support
    • Revenue modelling
    • Business plan improvements
    • Technology
    • Domain
    • Infrastructure
    • Branding and Strategy
    • Pivoting (if required)
    • Generating Innovative product/service and business models
  • Prototype development and iteration support
  • Support Services
    • To incorporate the company (if not done already)
    • Legal and IPR
    • Shared CFO
    • Pitch Deck preparation
    • HR Services, Payroll, policies and Talent Pool
  • Shared office space with meeting rooms
  • Testing with early users and feedback collection
  • Startup showcase
  • Providing visibility through PR – Print media and digital channels
  • Demo day at the end of program

Eligibility Criteria and Selection Process:

  • Criteria:
    • Should have an innovative idea or should be solving a critical problem
    • Built a MVP
    • Early customers
    • Complimenting co-founders
    • Ability to identify gaps in the market and provide solutions
  • Selection Process:
    • Submission of Idea and Executive Summary
    • Validation of Idea with respect to these parameters
    • Cost effectiveness
    • Value Add and Innovation
    • Market Size
    • Social Impact
    • Disruptive Technology
    • Presentation before the screening committee
    • If Step 3 is cleared, final presentation before the Investment committee
    • Admission to the incubator

To Apply for this program, please write to Startup@ilabhub.com