The programme even help startups with product definition, market validation, product launch, customer engagement, and early stage funding.
New Delhi-based early stage incubator Startup Tunnel (STun) is offering a 3 months 'No Equity' incubation programme to selective startups beginning from March 2015.
The programme focuses on developing the capabilities of entrepreneurs as well as achieving market fit for their innovations. Start-up companies selected under STun will be mentored under its inaugural incubation program. These companies will be selected through STUN's Start-Up Start-Off Challenge which gives them access to mentors, training programs, networks and experts without paying any fees or selling any equity for three months.
"Due to a weak entrepreneurial ecosystem, young start-ups in India face several challenges related to access to capital, talent and knowledge. As an early stage incubator, STUN aims to play the role of a catalyst to bring powerful ideas to life and take shape. This is an attempt to ensure that great ideas are not quashed in the early stages for lack of the right kind of guidance," said Dr. Aditya Dev Sood, Chairman, STun.
The programme even help startups with product definition, market validation, product launch, customer engagement, and early stage funding. STun'snetwork of mentors has expertise in areas of social media, infotech, marketing, comms, design, business, legal, product, UI/UX. An entrepreneur, enrolling with Startup Tunnel is offered a 13 week program, starting from March 2015 in New Delhi.
"The team behind STun works with start-ups in various development sectors such as mobile technology, alternative energy, governance, financial services, education and health. Its sister organization, CKS Consulting has established expertise in these sectors (and more) and so we have in-house mentors and advisors, as well as a professional network that can help startups gain traction," Sood added further.
As part of its ambitious Start Up Challenge, STun plans to enrol 10 entrepreneurs and provide them free mentorship for 90 days.