The purpose of this APPLICATION FORM is to understand and evaluate your business idea. All information will remain confidential. Please try to provide precise responses. The submission of this application is not a commitment or a guarantee of selection. Shortlisting businesses for investment is a sole prerogative of Technubate.
Eligibility
- Prospective entrepreneurs intent to initiate business are eligible to apply.
- Idea must be unique and innovative having potential of growth, value addition, scalability and creating positive impact on economic as well as social transformation offering technological and value adding solutions.
- Businesses from any sector are eligible to apply
- Non-Profit Business ideas and institutions are not eligible for this program
- Each Applicant is allow to submit only one application. Multiple application is not permit. Submission of multiple application may leads to disqualification.
Assessment Criteria
Business Criteria
- A unique and innovative business model having potential of contributing positive economic and social transformation.
- Feasibility analysis including product / service, industry / market, organizational, and financial feasibility.
- Conduct Concept Testing and usability testing.
- Scope, Niche Market, Target Marker, Consumer Base, Differentiation.
- Genuine Competitive advantage, core competencies and strategic assets.
- Strong revenue and profit models, potential for scalability and growth.
- Robust value chain model.
- Impact potential.
Personal Criteria
- Entrepreneurial traits including interpersonal skills.
- Strong and solid technical skills.
- Ability to take risks and meet the challenges.
- Ability to drive the work smartly and sensibly.
- Enthusiastic and dedicated team opt to learn, iterate, adapt and progress depending on the situation.
Application Process
- Call for Application
- Application Shortlisting
- Pitching
- Result Announcement
- Incubated
- Assessment
- Graudation