Initially We Construct and Subsequently We Invest.
Empowering entrepreneurs by delivering optimal support throughout their journey.
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How we Build Ideas?
Community
Develop an entrepreneurial mindset, address the problem statement opportunity gap, devise solutions, and implement a proof of concept (POC).
Accelerator
Engage in the execution of a design thinking approach, establish a viable business model, and develop an expandable model.
Funds Raising
Focus on developing an execution viability pitch deck, prepare for investor engagement, connect with potential investors, and participate in investor meetups.
Techie
Tech-savvy expert in programming, software, and IT. Innovator and problem solver
Innovation Factory Exclusive Founders Community
1-on-1 Engagement
Assigned Mate (Ex-founder): Founders will be paired with an experienced mentor who will guide and support them throughout their entrepreneurial journey.
Defined Metrics: At the beginning of the engagement, specific metrics and goals will be set to measure progress and success.
Necessary Support: We provide founders with all the necessary resources and assistance to help them achieve their predefined metrics.
Business Community Manager: A dedicated community manager will regularly track their progress, provide feedback, and offer regular assistance to ensure they stay on track.
Prerequisite of Investment: Along with execution, your mate also helps you fulfill the prerequisites of investment so that you are ready for it.
1-to-Many Engagement
Mentor Engagement in a Close Group: Founders will have access to a group of mentors who will offer guidance, advice, and support in a collaborative environment.
Virtual Founders Meet: Regular virtual meetings will be organized, where founders can connect, share experiences, and learn from each other.
Workshops: We conduct workshops that cover various aspects of entrepreneurship, enabling founders to learn new skills and strategies.
Collaboration Opportunities: Our community facilitates networking, helping founders find potential collaborations and partnerships to accelerate their progress.
Offline Meetups: In addition to virtual events, we organize in-person meetups, enabling founders to interact face-to-face and build meaningful connections.
Team Building Support: We assist founders in building their teams.
What's There in Community?
Dedicated Mate
Individualized guidance from seasoned founders.
Mentor and Vertical Domain Expert Engagement
Direction from accomplished startup leaders, encompassing CEOs, CFOs, and CTOs.
Networking Opportunity & Team Building
Access to both online and offline events, facilitating connections with fellow founders and startup enthusiasts.
Workshops
Carefully designed workshops for acquiring valuable skills.
Innovation Factory Startup Ecosystem
15,000+
Founders Joined Wishlist
1,500+
Got Selected
500+
Mentors & Vertical Domain expert
500+
Angel Investor 40 + micro vc and vc firm
100+
Physical event At PAN india
3.5 M$+
Portfolio
About Acceleration
Investor Connect
Conducting pitch calls with our community investors
Onboarding Advisor
Advisor onboarding on the cap table from our pool of mentors and vertical domain experts.
Business Collaboration
Leveraging the community for business collaboration opportunities.
Fast Pace Overall Speed of the Execution
Financials & Pitch Deck
Helping you prepare all the necessary prerequisites, including financials and pitch decks.
PedalStar For Core TeamBuilding
Our dedicated cohort where we build and place candidates within our portfolio startups
Assuring Fund Transactions
Ensuring smooth closure of fund transactions.
Questions & Answers
1. How can I join the Innovation Factory Community?
To join the Innovation Factory Community, you need to go through a selection-based screening process. First, you need to join the wishlist and then apply. The screening process involves a quick call with an analyst, a group discussion, and a pitch call.
2. Are there any physical events organized by Innovation Factory?
Yes, Innovation Factory organizes physical events across India. These events provide founders with opportunities to connect, share experiences, and learn from each other face-to-face
3. How does Innovation Factory charge startups for its services?
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Subscription Model: Before entering the acceleration stage, startups are required to pay a subscription fee of 2000 rupees per month for a period of 3 months(INR 6000). This subscription fee allows startups to join the Innovation Factory community, access its resources and benefits, and prepare themselves for the acceleration stage. Equity Model: During the acceleration stage, Innovation Factory charges a percentage of equity from startups, ranging from 2-4%. This equity is taken as a share of the startup’s ownership in exchange for the support and resources provided by Innovation Factory. The equity is charged solely at the acceleration stage and not before.
4.Are there any additional charges or hidden fees for startups in the acceleration stage?
No
5.What is the selection percentage rate of Innovation Factory for startups to join their community?
Innovation Factory has a selection rate of 10% for startups to join their community.
6. After getting rejected, how long should a startup wait before reapplying to Innovation Factory?
If a startup gets rejected by Innovation Factory, they should wait for a period of 90 days before reapplying. After the 90-day waiting period, the startup can submit a new application for consideration. This allows Innovation Factory to review new developments and progress made by the startup before considering their application again.
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