NSRCEL Launchpad Program | Apply Now

NSRCEL Launchpad Program

Are you passionate about entrepreneurship? Do you have an innovative idea that you believe can change the world? NSRCEL‘s Launchpad program might be the perfect opportunity for you. Here is all you need to know about this fantastic incubation program.

📆 Duration: 6 months

🔵 Mode: Hybrid (Online and Offline)

💰 Stipend: Up to INR 10,000 per month

⏳ Deadline: Rolling admissions

🌐 About Organization:

NSRCEL (N S Raghavan Centre for Entrepreneurial Learning) is the entrepreneurship and innovation hub at the Indian Institute of Management Bangalore (IIMB). Since its inception, NSRCEL has been a nurturing ground for entrepreneurs and startups. The center aims to support budding entrepreneurs by providing them with the resources, guidance, and network needed to turn their ideas into successful ventures. NSRCEL is known for its diverse community of mentors, industry experts, and successful entrepreneurs who offer invaluable insights and support.

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🚀 About Grants/Incubation:

The NSRCEL Launchpad program is a six-month incubation initiative designed to help early-stage startups and aspiring entrepreneurs. The program offers a blend of online and offline interactions, ensuring flexibility and maximum reach. Participants will benefit from mentorship, access to NSRCEL‘s extensive network, and the opportunity to work alongside other passionate entrepreneurs. The program focuses on helping startups refine their business models, develop their products, and prepare for market entry.

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🏆 Benefits:

1. Mentorship: Access to experienced mentors from various industries who will provide personalized guidance and feedback.
2. Stipend: Financial support of up to INR 10,000 per month to help cover essential expenses.
3. Networking: Opportunities to connect with other entrepreneurs, industry leaders, and potential investors.
4. Workshops and Training: Regular workshops and training sessions on topics such as business development, marketing, and financial management.
5. Co-working Space: Access to NSRCEL‘s co-working space at IIM Bangalore, providing a professional environment to work and collaborate.
6. Market Access: Support in identifying and reaching potential customers and markets.
7. Demo Day: A chance to present your startup to investors and stakeholders at the end of the program.

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🎓 Eligibility Criteria:

1. Stage: The program is open to early-stage startups and individuals with a viable business idea.
2. Team: Both individual founders and teams are eligible to apply.
3. Sector: Open to startups from various sectors, including technology, healthcare, education, and social impact.
4. Commitment: Participants must be committed to working on their startup full-time during the program duration.
5. Geography: The program is open to applicants from all countries.

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📝 Application Process:

1. Online Application: Fill out the application form available on the NSRCEL website. Provide detailed information about your startup idea, the problem it addresses, and your team.
2. Screening: The applications will be screened by NSRCEL’s selection committee. Shortlisted applicants will be invited for further evaluation.
3. Pitch: Shortlisted candidates will have to pitch their startup idea to the selection panel. This may include a presentation and a Q&A session.
4. Selection: Final selection will be based on the viability of the idea, the team’s capability, and the potential impact of the startup.

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