FAQ
- What we do at Tekincube?
Tekincube runs twice mentoring and funding program in a year. During this program we invite selected startups to come to our centre, where we work with them as a mentor, advisor or co founder to shape their idea into best possible product. This one month program is a pure residential program; we provide travel & accommodation to each founders of Startup to participate this funding & mentoring program. During this 1 month cycle each and every participated startups should present inside our campus for the program. After the end of this 1 month mentoring cycle we decide to invest in selected startups.
- How much do we invest?
We invest up to INR 25 lack in the first round of seed fund. The team size of Startup should be within 1-5. We can invest more than this amount in second round if the Startup needs money for its expansion.
- How Tekincube will get benefit out of this?
We take stake in our portfolio company. That stake will be decided during the funding cycle. Usually we take a small stake in the company.
- We have more than one idea, can we submit them?
Yes, you submit them we will look out which one will suit us best.
- Is Tekincube is a Business Incubator?
We are a business incubator cum a funding company. We provide innovation, incubation and funding to the early stage ideas or startups.
- Does Tekincube look Investors?
We don’t look any investors for ourselves. If you have money you can invest in our portfolio companies. That will better for us.
- Which idea or startup can participate in Tekincube?
Any kind of business idea which is feasible, scalable, gives good impact to society can participate in our program. More over we would love to work in Clean Technology, Energy efficiency, Web 2.0, Internet, IT, Health care, Mobile Technology, Rural Innovations & Education ideas.
