iB Hubs Startup School Second Edition – Zero Fee, Zero Equity!

In India’s fast paced and constantly developing startup ecosystem, startup accelerators and incubators play a major role in helping new firms develop and grow. Following a similar strategy, iB Hubs is back with its second edition of iB Hubs Startup School. This four week acceleration program specially designed for student entrepreneurs is a  unique program that charges zero fee and zero equity and provides end to end assistance to startups.

iB Hubs Startup School envisions to develop a culture of innovation and entrepreneurship in every nook and corner of India. Initiated in 2017, the Startup School aims to empower and support student entrepreneurs, helps them undergo the necessary changes, build customer centric Minimum Viable Products (MVP) and explore new channels for traction. Last year, the accelerator program received a huge response from the startup ecosystem and student community alike for their one on one mentoring sessions, empathy experiments, expert talks and much more.

The Chief Executive Officer of iB Hubs, Ms. Radha Alekhya speaking about the program said, “This initiative is focused towards instilling entrepreneurial mindset among youngsters and build role models in the society. Encouraging innovations from students would take India forward and thus bring a phase shift in the country.”

Startup School 2017 saw participation from more than 550 applications from 23 states and close to 160 educational institutions encapsulating the diversity of the Indian startup ecosystem. Out of the 550 plus applicants, 70 entrepreneurs and 40 selected startups were given the opportunity to meet the Honorable Governor of Andhra Pradesh and Telangana, Shri. E.S.L. Narasimhan to discuss the potential impact of their initiatives. The selected startups work in fields ranging from advanced technologies like the Internet of Things (IoT,) and Virtual Reality, to fundamental problems in the society like waste management and malnutrition among others.

Post the end of the program, the selected startups also receive constant support and guidance in several aspects of their work in the form of mentoring, business plans, product development, marketing, etc. The iB Startup School aims to help startups lay the foundations for a strong team culture, master the art of fundraising and create a positive impact on the entrepreneurial ecosystem in the country. So far, close to 450 applicants have already registered for the program substantiating the fact that enthusiasm towards entrepreneurship is growing at a rapid pace within the student community.

For more information, queries and registration details visit iB Hubs Startup School ‘18.