The Hatch Startup Accelerator Program Brochure

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The Accelerator Program of The Hatch helps startups finalize their business plans for launch and funding.

In our 13-week Virtual Program, startups spend a week at our Gurgaon or Chandigarh offices for a review and strategy planning session. After the review & strategy session, startups can operate from their own cities and offices, and the interaction with the mentor will be done via regular calls and occasional in-person meetings.

Startups also have the option of joining our on-campus accelerator program, in which they can operate out of our 25,000 square feet facility in Chandigarh.

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The Hatch Startup Accelerator Program Brochure

  1. 1. Mentoring, funding, incubation and resources for high-potential startupsStartup AcceleratorProgramA 13-weekprogram to help startups finalize theirbusiness plans for launch and funding www.thehatch.in
  2. 2. Mentoring, funding, incubation and resources for high-potential startupsThe 13-week program helps startup prepare their business plan and operating plans inorder to make the startup better prepared for funding. Visit www.thehatch.in for details. Here’s what you get from the programWhy join the •  Fine-tuned launch strategy and business plan ready for fundingStartup •  Funding of up to Rs.10 lacs * + Access to investors for funding up to Rs.1 cr.Accelerator •  Access to The Hatch partnerships across US, Canada,Program? Singapore and Dubai •  PR & media outreach support •  Access to technology partners of The Hatch •  Office space [For startups in the on-campus accelerator program]Startups can choose from the On-campus or Virtual ProgramIn our On-campus Program, startups get office space in our 25,000 square feet incubatorin Chandigarh.Startups also have the option of joining our Virtual Accelerator Program wherein theyspend a week at our Gurgaon or Chandigarh offices for a review and strategy planningsession, and post that they can operate out of their own cities and offices.Post the 13-weeks, The Hatch may invest up to Rs.10 lacs in the startup and alsoshowcase it to angel investors and our investment partners, for funding up to Rs.1 crore.Investment decision are subject to approval by The Hatch selection committee.To apply, write to us at startup@thehatch.in or visit www.thehatch.in
  3. 3. Mentoring, funding, incubation and resources for high-potential startups Who should apply?The Hatch Startup Accelerator Program is designed specifically for concept and/orprototype stage startups that need assistance in creating a good business plan andbusiness case. We typically work with ‘power-point stage startups’ and we help themconvert their ideas into a sound business plan and a business case.As part of the Startup Accelerator Program, a member of The Hatch team and/or a member ofthe mentor panel will engage with the startup during the period of engagement. The mentormay join the advisory board / board of the shortlisted startup in his/her individual capacity.The goal is to help high-potential startups with the planning and operational insights of moreexperienced entrepreneurs and mentors.Model of engagementWhile The Hatch is a not-for-profit organization, it has to be a self-sustaining entity. Hence TheHatch takes 2% equity in the startups for Virtual Program and 3% equity for the On-campusPrograms. The Hatch shares this equity with the anchor mentor.By the end of the program, The Hatch may invest up to Rs.10 lacs in the startup, and alsoshowcase it to angel investors and our investment partners, for funding up to Rs.1 crore. Thestartup is however free to access capital through other sources or other angel groups too, ifthey are able to get a higher valuation.Process•  The selection committee of The Hatch will review proposals and recommend shortlist startups for the Startup Accelerator Program•  The Hatch will then nominate a mentor to work with the startup•  Once activated, the startup will be featured as a portfolio company of The Hatch•  The Hatch secretariat will do a monthly follow-up with the mentor and the startup and provide assistance wherever appropriate, possible and necessary
  4. 4. Mentoring, funding, incubation and resources for high-potential startupsTo apply for the Startup AcceleratorProgram, visit www.thehatch.in

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