I quite remember having discussions around Early Stage startups a few years back - not that much has changed since then - but it all came down to essentially realizing that we unfortunately do not have enough great ideas spawning out of our ecosystem. I believe that statement has to end with a "YET". There is very little support in terms of entities and groups that can garner that momentum that events build up, into something creative and productive, and to aid that early entrepreneur through the stages of building that first prototype and Product.
The resident Programme in a lot of ways, was framed keeping that in mind. A six month programme where you are in the company of 15 such amazing founders, day-in and day out building out your dream. Nothing gets better than that.
We've been pleasantly surprised by the applications we have been receiving. We are infact getting quite a few applications from out of Chennai, that we are trying to put together a list of affordable places to stay in Chennai, around the centre, should these teams get selected. There are definitely signs of an amazing resident programme coming together here.
So we've got Four more days to go, and another week or so of hard work for us at TSC to go through all the applications, and schedule interviews, meets and calls with those of you who've applied. We are slotting teams early in the calendar, and on the order of submission. So, the earlier you apply, the earlier you get a meeting, and the verdict. Make use of it.
Announcing the Sponsorship Programme:
Remember how I was mentioning how we all have cribbed that there arent enough early stage companies in India? Well, while we are taking the lead, we are quite proud and honored to have folks supporting that cause. SAIF Partners (http://www.sbaif.com/) has committed to sponsor one resident team for the entire duration of the programme (that's the complete six months). I know not everyone who has wanted to start out, also has had the luxury to save up to cover the costs of the Programme - as much as we've kept it to the bare minimum we can afford the infrastructure at. But here's an excellent opportunity if that was the only thing stopping you. (There is an added section on the Application Form, a few details to be added IF and ONLY if you want to be considered for the programme. Please note that the chances are rather low, given the demand, so in an effort to be helpful, only apply if you really need it)
Make use of it, before its too late. Applications are open at http://rapply.thestartupcentre.com
Look forward to hearing from you soon. We are really rooting for the early stage entrepreneur, and we are looking forward to the day when we no longer have to agree to the obvious with the YET at the end for optimism, but it will be a blatant reality.
Write to us, if you have any questions at all.