The document describes The Hatch Incubator Program, which provides high-potential startups with workspace, mentoring, funding, and resources over 52 weeks. The program includes a 13-week accelerator program and 39 additional weeks of incubation support. Startups receive business planning assistance, up to Rs. 10 lacs in funding, access to investors for Rs. 1 cr funding, and shared services. In return, The Hatch takes 7% equity in startups and may invest up to Rs. 10 lacs. Ideal applicants are early-stage startups seeking business planning help.
1. Mentoring, funding, incubation and resources
for high-potential startups
The Hatch Incubator
Program helps
startups start up
52-week On-campus Incubator Program includes comfortable working spaces at our
25,000 square feet facility in Chandigarh + deep-engaged mentoring + assistance in
fund raising + assistance in product/concept development.
The 52-week program incudes the 13-week Accelerator Program.
Startups also have the option of joining the Virtual Incubator Program
www.thehatch.in
2. Mentoring, funding, incubation and resources
for high-potential startups
Why join The Hatch
Incubator Program?
Here’s what you get from the program
• All benefits of the Hatch Accelerator Program – 13 – week program
o A fine-tuned launch strategy and business plan ready for funding
o Funding of up to Rs.10 lacs * + Access to investors for funding up to Rs.1 cr.
o Access to The Hatch partnerships across US, Canada, Singapore and Dubai
o PR & media outreach support
PLUS for an additional 39 weeks (9 months)
• Comfortable working space with the relevant infrastructure for running a startup – the flexible
and grow-as-you-grow options Click here for pictures
• Shared services and shared resources like accounting, legal, HR, etc.
• Regular access to visiting mentors, experienced entrepreneurs, senior professionals and
investors
• On-campus programs, workshops & lectures
Startups can also enroll for our Virtual Incubator Program wherein they can operate
from their own cities and offices after spending a week at our Chandigarh or Gurgaon
facility for a review and strategy session.
To apply, write to us at startup@thehatch.in or visit www.thehatch.in
3. Mentoring, funding, incubation and resources
for high-potential startups
Who should apply?
The Hatch Incubator Program is ideal for concept and/or prototype stage startups that need
assistance in creating a good business plan and business case as well as early-stage
startups.
Model of engagement
As part of the Startup Incubator Program, a member of The Hatch team and/or a member of the
mentor panel will engage with the startup during the period of engagement. The mentor may
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 more
experienced entrepreneurs and mentors.
While The Hatch is a not-for-profit organization, it has to be a self-sustaining entity. Hence The
Hatch takes 7% equity in the startup. The Hatch shares this equity with the anchor mentor.
During the program, The Hatch may invest up to Rs.10 lacs in the startup, and also showcase it
to angel investors and our investment partners, for funding up to Rs.1 crore. The startup is
however free to access capital through other sources or other angel groups too, if they are able
to get a higher valuation.
Process
• The selection committee of The Hatch will review proposals and shortlist startups for the
Incubator 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. Mentoring, funding, incubation and resources
for high-potential startups
To apply for The Hatch Incubator Program, visit www.thehatch.in