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.

enlightened    The UGVA will be industry and sector agnostic but will have defined focus areas for different cohorts of participants.

enlightened   The accelerator will help practicalise creative problem-solving and bridge the gap between students, faculty, alumni and the market.

enlightened  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

enlightened BUSINESS DEVELOPMENT
Building long-term value for their customers and the market.

enlightened INVESTOR READINESS
Story-telling, pitch decks and support in preparing for further fundraising.

enlightened MARKETING, PR, BRANDING
Support on reaching customers, branding, PR and marketing strategies.

enlightened PRODUCT SCALABILITY
Technical support on building, maintaining  and scaling their product and services

enlightened MENTORSHIP AND NETWORK
Access to a network of fellow entrepreneurs, industry experts and experienced personnel.

enlightened 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

enlightened  Company Growth
Changes in growth rate resulting from acceleration.

enlightened Company Service Impact
Impact resulting from customers served or social activities

enlightened Follow-on funding
Number of startups gone on to raise follow-on funding

enlightened Brand Awareness
Number of publications on major news outlets