We take a two-stage approach
Stage 1
We will provide tools and methodologies on how to assess an entrepreneurial idea for its feasibility and what do VCs look for before they invest in any idea*. This stage is open to all - any young entrepreneur can join this training. At the end of this stage, all the participants will be asked to submit their ideas, applying all the learnings from this stage. We will ask for a token money to cover the cost of delivering the training and providing facilities during and after the training(see T&Cs).
Stage 2
We will assess all the application and select the most promising ideas/teams (not restricted to any specific number) and provide them mentoring support for 6 months, to make the idea/team customer ready and VC ready. For the successful ones, we will also provide a seed money to support the development of the idea for 6 months duration of mentoring (subject to conditions, see T&Cs). We will provide feedback to all the applicants.
*The concepts and methodologies are based on the teachings of Professor John Mullins (http://www.johnwmullins.com/), and experience of mentors in their entrepreneurial and financing ventures.