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Startup Enablement Program

We understand that startups are the driving force behind economies. There are currently over 150 million startups globally and the number keeps growing every day. However, the global startup failure rate is at 90%. That means 9 out of every 10 startups fail before they can become profitable.

What are the main reasons behind this phenomenon?

1. Costly Team: Building a dream team to lead a product to success is costly.

• On average, 5 employees in a startup costs about $300,500 in the 1st year increasing the cost of the company.
• With costs being so large and detrimental to a startup’s survival, the median salary for self-employed individuals was $84,305 in 2022.

2. Long cycle to Hire Team Members: Hiring the right candidates takes time which later on impacts the product’s readiness and market arrival.

• On average, it takes 6 months to hire someone for a startup.
• 47% of Series A startups spend $400k or more per month.
• In 2023, 82% of businesses that went under did so because of cash flow problems.

3. Focus on Mockups & MVPs: Focusing more on mockups and MVPs may cause a drift between the user and the requirement causing a delayed finished market product or even a bad quality product.

• The number one reason why startups fail is due to misreading market demand — this is found in 42% of cases.
• Reading the market trends and adapting to changes quickly is the key to a successful product.

4. Focus on Fundraising and not Product Market Fit: Focusing more time on fundraising and less time on user acceptability may lead to product failure.

• According to research by Fundsquire(a global start-up funding network), 20% of small businesses fail in their 1st year. Around 60% of small businesses fail within the first 3 years. One of the major reasons is not creating a user-friendly, Market accepted product.

Here’s what we hope to do

We aim to foster the rapid growth of 100 startups within 10 years, catalyzing innovation and entrepreneurial success.

What we offer

1. We conceptualize, craft, develop, and deploy fully-fledged solutions, which are not just an “MVP”, but a fully-packaged, market-ready, user-accepted product.
2. We dedicate a team of 7-9 experts to swiftly materialize your product, eliminating long hiring processes.
3. Our team enables a soft launch of the product within 4 months, facilitating rapid market testing and iteration.
4. We aim to create a robust and scalable solution leveraging the latest technology stacks to ensure the smooth running of products while keeping in mind smooth UI/UX for the product.

Our Evaluation Process

We have developed a 4-step evaluation process to shortlist startup ideas that we truly believe in.

Step 1: Application Round - Submit your vision & idea

Step 2: Assessment Round - We assess your application and startup vision internally.

Step 3: Interview Round - We interview you and your team to understand how you are planning to execute your vision

Step 4: Final Selection - We make you an offer if selected (minute cost + equity structure)