logo
#

Latest news with #LiftoffProgram

MNNIT's incubation hub to work jointly on accelerating early-stage startups
MNNIT's incubation hub to work jointly on accelerating early-stage startups

Time of India

time11-05-2025

  • Business
  • Time of India

MNNIT's incubation hub to work jointly on accelerating early-stage startups

Prayagraj: In a significant development for the entrepreneurial ecosystem at Motilal Nehru National Institute of Technology (MNNIT), Prayagraj, the Innovation and Incubation Hub MNNIT Foundation (IIHMF) announced a strategic partnership with the Wadhwani Foundation . This collaboration aims to implement the Wadhwani Foundation's flagship Liftoff Program , an initiative designed to accelerate early-stage startups by equipping them with critical tools for growth, scalability, and investment readiness .The Liftoff Program is a structured 14-week acceleration initiative that provides a comprehensive platform for startup founders to refine their business models and prepare for investor engagement. By integrating expert mentorship, strategic guidance, and exposure to key investment networks, the program is positioned to help young ventures overcome early hurdles and position themselves for long-term success. The initiative aligns seamlessly with IIHMF's mission to cultivate innovation, entrepreneurship, and excellence among emerging startups and student innovators across the MNNIT collaboration will offer selected startups access to an array of high-impact resources, including personalised mentoring from industry veterans, serial entrepreneurs, and seasoned investors. In addition to one-on-one mentorship, the program will guide participants through the process of pitch deck preparation and business model optimisation. Masterclasses and workshops will cover go-to-market strategies, product-market fit, and digital growth, providing practical knowledge and real-world insights essential for market entry and expansion. "Furthermore, startups will be able to tap into a national and global network of investors, corporate partners, and mentors, which promises to open up avenues for collaboration, funding, and exposure," said CEO of IIHMF, Sanjay Kumar Suryavanshi.A major highlight of the program will be the Demo Day, where select startups will pitch their ventures to a panel of potential investors. This high-stakes platform is designed to connect promising ventures with critical funding and strategic alliances. "This collaboration is a major milestone for IIHMF. It gives our startups the tools, mentorship, and exposure they need to move from ideation to execution, and from MVP to market," said Liftoff Program is open to all startups currently incubated at IIHMF that are at the Minimum Viable Product (MVP) or early-traction stage. The first cohort under this partnership is expected to be announced shortly, paving the way for a new generation of tech-driven entrepreneurs to emerge from Prayagraj with the support of a world-class acceleration framework. The Innovation and Incubation Hub MNNIT Foundation (IIHMF) is the official incubation centre of MNNIT, Prayagraj. Prayagraj: In a significant development for the entrepreneurial ecosystem at Motilal Nehru National Institute of Technology (MNNIT), Prayagraj, the Innovation and Incubation Hub MNNIT Foundation (IIHMF) announced a strategic partnership with the Wadhwani Foundation. This collaboration aims to implement the Wadhwani Foundation's flagship Liftoff Program, an initiative designed to accelerate early-stage startups by equipping them with critical tools for growth, scalability, and investment Liftoff Program is a structured 14-week acceleration initiative that provides a comprehensive platform for startup founders to refine their business models and prepare for investor engagement. By integrating expert mentorship, strategic guidance, and exposure to key investment networks, the program is positioned to help young ventures overcome early hurdles and position themselves for long-term success. The initiative aligns seamlessly with IIHMF's mission to cultivate innovation, entrepreneurship, and excellence among emerging startups and student innovators across the MNNIT collaboration will offer selected startups access to an array of high-impact resources, including personalised mentoring from industry veterans, serial entrepreneurs, and seasoned investors. In addition to one-on-one mentorship, the program will guide participants through the process of pitch deck preparation and business model optimisation. Masterclasses and workshops will cover go-to-market strategies, product-market fit, and digital growth, providing practical knowledge and real-world insights essential for market entry and expansion. "Furthermore, startups will be able to tap into a national and global network of investors, corporate partners, and mentors, which promises to open up avenues for collaboration, funding, and exposure," said CEO of IIHMF, Sanjay Kumar Suryavanshi.A major highlight of the program will be the Demo Day, where select startups will pitch their ventures to a panel of potential investors. This high-stakes platform is designed to connect promising ventures with critical funding and strategic alliances. "This collaboration is a major milestone for IIHMF. It gives our startups the tools, mentorship, and exposure they need to move from ideation to execution, and from MVP to market," said Liftoff Program is open to all startups currently incubated at IIHMF that are at the Minimum Viable Product (MVP) or early-traction stage. The first cohort under this partnership is expected to be announced shortly, paving the way for a new generation of tech-driven entrepreneurs to emerge from Prayagraj with the support of a world-class acceleration framework. The Innovation and Incubation Hub MNNIT Foundation (IIHMF) is the official incubation centre of MNNIT, Prayagraj. Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store