Core Functions
- Idea Generation and Screening: Encourage ideation through hackathons, pitch competitions, and business plan submissions. Ideas are evaluated based on their innovation, scalability, and social/economic impact.
- Pre-Incubation Support: Offer workshops, mentorship, and initial support to develop and refine the business concept and prepare it for incubation.
- Incubation Support: Provide infrastructure, co-working space, business support, and mentorship for startups at various stages. Support includes assistance with business modeling, legal issues, and market strategy.
- Networking and Mentorship: Facilitate connections with industry mentors, alumni, investors, and venture capitalists to support the startup ecosystem.
- Infrastructure and Resources: Offer access to labs, prototyping facilities, office space, and technical resources essential for product development.
- Funding and Investor Linkages: Help startups access seed funding, venture capital, angel investors, and government grants.