Incubation at BIRAC-BioNEST at Indigram Labs Foundation

Start date: 15 February, 2022

Indigram Labs Foundation (ILF) was founded in 2015, as a Technology Business Incubator with the support of NSTEDB, DST, GoI. We believe that entrepreneurs have a unique opportunity to make the positive global change while remaining profitable. They have the power to change lives and livelihoods in the communities and the country. We see them as the conduit for real change and development – a ripple effect that begins with the business and moves into the community at the grassroots level.

AIMS AND OBJECTIVES

To provide need based customized, cost-effective, value-added services to start-ups like
mentoring, legal, technical, go-to-market support, field testing of prototypes, IP related
services and facilitation of financial linkages.

WHY INDIGRAM LABS FOUNDATION

• Within a short span of 5 years Indigram Labs foundation has acquired the brand
  image of best Agritech Incubator/Accelerator
• Track record of facilitating investor funds for its Incubatees-ILF supported startups have raised Funds- ~INR 1800 Crores
• Till date -INR 5 Crores in start-ups and has established that the team has the
  expertise to identify and support promising start-ups
• Awarded the Smart Incubator of the Year-2019 (Platinum Level) – India Smart Grid
  Forum (a PPP initiative of Government of India) Innovations Awards
• By virtue of its parent organization ILF has linkages with FPOs and farmers across
  20 states of India

ELIGIBILITY CRITERIA

1.  Technology Readiness Level (TRL) of 8(eight) and above (Click here for TRL level)
2. Indian start-ups working in:

• • Agriculture (Including Aqua Culture and Fisheries and Veterinary)
  • Industrial Biotech (Industrial products from agriculture & secondary agriculture)
  • Bioinformatics & software (Agritech/ foodtech focused)

PROGRAM DETAILS

The Program is designed to provide rapid scale up, fundraising, market networking
and mentoring assistance for the selected start-ups

• Start date: 15 February, 2022
• Duration: 12 Months (Handholding extendable up to 24 Months in special
  circumstances)
• Program Mode: Virtual or Physical

WHAT WE OFFER

1. Sophisticated and well-equipped office space including workstation, meeting
   rooms at easily accessible location in Delhi.
2. Mentor-led assistance in business plan and team refinements, scale up planning
   & go-to-market strategy development.
3. Providing across India networking support to the startups including FPO
   connects
4. Mentor-led business Boot Camp (Finance/ Talent Acquisition Management
   Practices/ VC/ Finance & Accounts etc).
5. Assistance in business networking, sales and distribution and advisory on one
   cycle of product sales to payment.
6. Access to seed fund for scaling up operations (subject to evaluation by the
   relevant committee).
7. Mentor-led coaching for investor pitching and providing one actual Investor
   pitching opportunity. Connecting the startups to R & D institutes for their scale
   up technology requirements.

ADDITIONAL REQUIREMENTS

The selected start-ups need to sign an acceleration agreement with ILF for a negotiable
sweat equity arrangement. Both Physical and virtual modes will be available, as per the
convenience of the selected entrepreneurs.