We will be assigning one Mentor in the respective city. This mentor will be a known and reputed personality of the Ecosystem. The Mentorship will be available on unlimited basis in all areas of Technology, Strategy, Business Plan, Pivoting etc. In addition, our panel of Mentors at instead of in Neotec Hub, Kolkata will be available at a fixed agreed time every fortnight. For a Review of Quarterly Progress and interaction with our Business Domain Champions, participants may have to travel once quarterly to Kolkata for 2 days. The travel & stay arrangements for this will be provided by us, free of charge.
Our existing businesses of Realty, Healthcare, Education and Hospitality are provided to our participating startups for doing Alpha, Beta Projects as a Test Bed. We will be the first customers of our incubatees’ products/services/technology and after vetting these from us, a suitable Go-To-Market Strategy can be made.
After having worked with us for 3 months, we will have a fair idea of the progress made on the agreed Business plan and the Way Forward. With a 5 year Cash Flow, we will ascertain if we would be going ahead with regard to funding. If we agree to go ahead, we will take the responsibility of arranging the funds. A part of the funds will be from our own Group and the balance from our consortium of Investors.
A Consortium giving legal, accounting, compliance related help and Administrative Support, counselling for developing communication strategy for pitching to Investors, will be available once a month on virtual basis, at an agreed time.
A quarterly interface with Angel Investors will be given to participating startups who will mentor them on the Angel Investor expectations.
Once the business has vetted the product/service/technology, we have already created a reasonable traction – we will then make a Go-To-Market strategy for the startup to implement.