RICH (Hyderabad S&T Cluster) and T-Incubators & Accelerators Consortium (A network under Telangana State Innovation Cell) announce Mission 10X-SIGs, a scaleup program for early revenue startups from research incubators
- 3-month market strategy, business development and corporate access program
- For startups coming out of Research Incubators and Accelerators
- 10L fund support, scaleup strategy and a combined Demo Day
- For DeepTech & MedTech startups, jointly by IIIT Hyderabad, IIT Hyderabad, BITS Hyderabad, CCMB and IKP along with T-Hub and TSIC
RICH (Research and Innovation Circle of Hyderabad) (Hyderabad S&T Cluster) & T-Incubators & Accelerators consortium have launched the Mission 10X – SIGs, a 3-month joint scaleup program for early-stage research connected startups. The program offered to startups coming out of research incubators and accelerators, will facilitate market strategy, corporate market reviews, customer connects and funding opportunities. The collaborative initiative will support the startup ecosystem by working with research connected startups from several incubators and accelerators within Telangana and outside.
All the shortlisted startups will go through 3 months of mentoring to review their product strategy, overall go-to-market approach and corporate pitch readiness and refine these elements to address present business climate and constraints. The program also offers a 10 lakhs fund support for the selected startups and will culminate in significant market impact and growth.
“The challenge that most research startups face is in identifying those scalable market opportunities for their solution. This program addresses these challenges through a collective state-wide effort” Says, Mr. Ajit Rangnekar, Director General of RICH.
This program in its first pilot will target DeepTech and MedTech domains. To be anchored by CIE-IIIT Hyderabad and IKP, in association with AIC-CCMB, BITS TBI & iTIC-IIT Hyderabad. With RICH and T-Hub enabling the corporate connects.
“This collective initiative by the ecosystem will greatly help the early revenue research-led startups. This is second such initiative by T-Incubators and Accelerators Consortium, after Rejig-Hydstartups in 2020″ Says, Ms. Deepanwita Chattopadhyay, Chairman & CEO of IKP.