UG VENTURE ACCELERATOR
The focus of the UG Venture Incubator is to create an ecosystem builder fostering growth among existing UG alumni-founded startups.
Students and faculty alike can create, test and scale startups in the UG venture accelerator which will serve as a springboard for design, architecture and building of the next great high-growth companies.
The UGVA will be industry and sector agnostic but will have defined focus areas for different cohorts of participants.
The accelerator will help practicalise creative problem-solving and bridge the gap between students, faculty, alumni and the market.
Follow-on support will help nurture sustainable, scalable and profitable businesses that create jobs, wealth and have social impact
THE UG INCUBATOR WILL OFFER SUPPORT IN 4 STRATEGIC AREAS TO HELP STARTUPS LIFT OFF
BUSINESS DEVELOPMENT
Building long-term value for their customers and the market.
INVESTOR READINESS
Story-telling, pitch decks and support in preparing for further fundraising.
MARKETING, PR, BRANDING
Support on reaching customers, branding, PR and marketing strategies.
PRODUCT SCALABILITY
Technical support on building, maintaining and scaling their product and services
MENTORSHIP AND NETWORK
Access to a network of fellow entrepreneurs, industry experts and experienced personnel.
PHYSICAL INFRASTRUCTURE
Support on finding product-market fit, developing a strategy for full market entry.
Structure of the UG Accelerator
Program Length: 4 months
Location: UG Campus
Industry/Sector Focus: Industry and sector agnostic
Cohort Size: 5 companies
Ongoing Learning: Scheduled strategy sessions, workshops, masterclass, field trips, fire-side chats
MEASURES OF PROGRAM SUCCESS
Company Growth
Changes in growth rate resulting from acceleration.
Company Service Impact
Impact resulting from customers served or social activities
Follow-on funding
Number of startups gone on to raise follow-on funding
Brand Awareness
Number of publications on major news outlets