Spark Pre-Incubation Program

Siddaganga Incubation Foundation – Spark preincubation program is designed as a high-impact, 12-week program to empower entrepreneurs from tier 2 and 3 cities. By providing focused and intensive support like the necessary resources, mentorship, and guidance to develop innovative solutions to India's challenges, with a focus on commercial viability. The program aims to accelerate the development of startups and equip participants with the skills and connections needed to thrive in the competitive startup landscape.

A Spark preincubation program for participants is a structured initiative designed to foster entrepreneurship and innovation among students/entrepreneurs by providing them with the necessary skills, resources, and support to transform their ideas into viable start-up ventures. This program typically serves as a precursor to formal business incubation, allowing participants to explore and refine their entrepreneurial concepts before launching into the competitive business world. The primary goal is to empower students to develop a robust foundation for their start-ups and enhance their entrepreneurial mindset.

Modules	Core Areas	Focus Area
Module 1	Need Analysis	Introduction & Ice Breaking Ideation Workshop – Need Analysis Problem Identification
Module 2	Market Analysis	Refining problem statements Market Research -Study your customer Understanding the target audience
Module 3	Solution Analysis	Identification of suitable product/solution Sketch your solution Competition Analysis
Module 4	Business Model Analysis	Understanding the types of different Business Models (BM) with example Prepare your best fit Business Model BM Presentation
Module 5	Funding Analysis	Writing winning grant proposals What is investor expectation? Agreements general practices
Module 6	Pitching Analysis	Pitch Practice
Module 7		Demo day Certificate Distribution

In addition to the above modules below are some of the key topics will be covered during the program.

• When to register a company
• Accounting – Good practices
• Are you ready for team expansion and management?
• Importance of Co-Founder agreements.

Mentoring Session:

End of every module, a separate one to one mentoring will be facilitated with the experts to solve your queries and fine tune your thoughts.

Program offerings:

• A dedicated mentor for the entire duration of the program
• Attend hands on workshops with templates to exercise.
• Learnings from the peer group.
• Networks develop

Total: 10 Individual/ Teams/ Startups will be selected.

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