Launch-n-Zoom 3.0 | IIMU Incubation Centre

Are you looking to grow your startup into a scalable and viable venture? To turn your prototype/MVP into the product you want? Is Education, Healthcare or FinTech your area of focus?

Applications for LnZ 3.0 are now closed
Stay tuned for future updates

Are you looking to grow your startup into a scalable and viable venture? To turn your prototype/MVP into the product you want? Is Education, Healthcare or FinTech your area of focus?

Applications for LnZ 3.0 are now closed
Stay tuned for future updates

About the Program

IIM Udaipur Incubation Center presents the third edition of our accelerator program, Launch-n-Zoom 3.0 where we will strive to help you scale your venture to the next stage. Through three months of mentor driven coaching, meaningful networking and structured classroom sessions, we will help you refine your product market fit, understand customer acquisition strategies and implement your growth strategies in an iterative fashion. At the end of these 3 months, you will be very well prepared and be ready to pitch your validated growth story to investors as part of demo day.

Who are we looking for?

We are looking for startups who have their prototype/MVP ready and are in the process of selling/marketing their products in the education, healthcare, and fintech sector.

If you think your startup fits into one of these key focus areas, we would love to have you apply for this year’s Launch-n-Zoom 3.0 Accelerator program.

Education

Healthcare

Fintech Sector

Why Join the Launch-n-Zoom 3.0 program?

Tailored Mentorship

Each startup will be mentored based on its unique needs. Mentors will help you build, refine, obtain better customer feedback to incorporate your products / platforms and grow your startup much faster.

Corporate Partnership

Connections to the leading corporates in your industry for pilot projects, partnership opportunities, and as customers. All of this means great exposure and visibility for your company.

Rapid Prototyping Support

Mentors and industry experts will help you refine, develop, and iterate your product. We will provide support of upto 1 lakh for each startup towards costs of prototyping and development as consumables.

Peer-to-Peer Learning

Entrepreneurs can learn a great deal by explaining their ideas to other likeminded entrepreneurs and by participating in activities in which they can learn from their peers.

Practical Masterclasses

Expert-led sessions covering all scaling fundamentals - from business model innovation, lean methodology, team building, pricing strategy, product visioning to fundraising.

Investor and Industry Network

Networking opportunity with investment community and entrepreneurs in a not so formal setup will help you relax, unwind, and build relationships and develop your own mentoring and support network.

Ongoing Support

A strong alumni network by itself can be the best source available for building relationships, both business and personal. You will connect to a growing list of founders from all around the country.

Demo Day

Your chance to show the investors your working business model or saleable product/service in the market which you will develop during the program who might give you ₹₹₹₹ to help you grow further.

Program Timeline

Applications Open

1^st Sept, 2020

Applications Close

4^th Oct, 2020

Result Announcement

20^th Oct, 2020

Program Begins

Nov, 2020 - Jan, 2021

Demo Day

05^th Feb, 2021

FAQs

The start-up founders should be developing the MVP / prototype OR should have completed development and refinement of the prototype and should be on their way to market testing the product/platform.

Please note that company incorporation is a mandatory requirement at this stage to apply for the program.

Ideal start-up for our program:

A good founding team, which is coachable, because Ideas can change, but people usually do not. So, we will try and understand the people behind the idea, their motivations etc. We believe that the most important factor of any successful start-up is its founding team.
We want to invest our time and resources into startups that are making an impact on human well-being.

The program will be held for a duration of 3 months – from November 2020 to January 2021. On an average, time commitment from the startup would be around 8 to 10 hours in a week spread over multiple days.

Submit your detailed application by 4th October, 2020.
All the start-ups who have applied will go through screening process and we will select upto 12 start-ups. The results will be declared on 20th October 2020.

Yes. Once you have committed to the program, it is expected that you attend all the sessions. We do not want any startup dropping out in the middle of the program.

Due to the Covid-19 pandemic we are organising the program virtually.

We will be accepting a cohort of upto 12 startups for Launch-n-Zoom 3.0 Accelerator. The cohort will have startups from your focus area so that you get the benefit of peer to peer interactions and learnings.

We do not charge any fees from participants. But we take 1% equity in participating start-ups towards ensuring that we collectively focus on accelerating your journey. Selected startups will receive a rapid prototyping support of upto ₹ 1 lakh to develop and refine the product/solution.

Participating startups will also get AWS and Google credits worth $10,000 for free. Along with that, you will become an alumni member of our startup ecosystem and you will continue to enjoy and make use of some of our incubation services for a period of one year post the acceleration program.