Have an idea and need help getting it to market? Join the Nexus business incubator!
Located in downtown New Delhi, the incubator will offer selected startups unparalleled access to networks of industry and government partners, training with the top commercialization experts from around the world, an extensive mentor network as well as access to funders specializing in supporting startups. Through its affiliation with the University of Texas, Nexus can also partner startups with entrepreneurial teams in Austin to collaborate on creating a successful path to the market.
Are there any specific industry priorities? Nope! We are pretty wide open. However, due to time to market issues, startups in the pharmaceutical/drug discovery space will probably not be a good fit with Nexus.
We look for companies that have a clear value proposition and quantifiable benefits. USUALLY, this will translate into companies with a business to business (B2B) model, but not always.
Lastly, applicants must have an innovative component. If you have the latest e-commerce site, social media platform or are looking to start a franchise of an existing service, that’s great! However, Nexus is probably not the best place for you.
How does the process work? We will initially be selecting up to 15-20 companies for our “pre-incubation phase” of 10 weeks. Each selected team can bring 2 team members into Nexus for the training, day-to-day mentoring and events. We will work together with you to sharpen your value proposition, define your target market, get market feedback on your product/technology and create and achieve milestones to bring your company to the market. A key part of our methodology is “getting out of the building” to collect real market data and the voice of the customer. Hands-on training programs will take place at Nexus by both U.S. and Indian experts.
After the initial 10 weeks, we will select 3-4 companies to stay at Nexus for a longer, more in-depth incubation period. These companies will have full access to the incubator facilities and network for up to an additional 8 months. During this time we will work with you to take your company to the next level on getting your product to market, growing your customer and revenue base and, if appropriate, working to get you funding for scaling up operations and market growth.
The sixth pre-incubation program will begin on December 29, 2018 and run through February, 2019.
Watch this space for the announcement of the 7th cohort, or contact us at firstname.lastname@example.org.