The four distinct factors that make Ipreneur accelerator unique:
They are fixed-term, mentorship-driven, packed with educational discourses and they culminate in graduation or 'Ipitch' event. None of the other early-stage institutions incubators, angel investors, or seed-stage venture capitalists have these collective elements. Ipreneur may share the goal of cultivating early-stage start-ups, but it is clear that they are different, with distinctly different business models and incentive structure.
The Ipreneur accelerator has a community of business founders, industry leaders, academicians, technocrats, established entrepreneurs who bring a wealth of knowledge and experience. The ipreneur program has been meticulously designed to provide actionable information to the teams to practically execute in their businesses. The team will receive guidance, advice and motivational support from the mentors to their domain-specific businesses for their overall growth and development.
The Ipreneur experience follows the principles of immersive education, where a period of intense sessions imparting industry and entrepreneurial knowledge, with focused attention on the specific verticals with special lectures, workshops from a network of experts provides the company founders with an opportunity to learn at a rapid pace. Learning-by-doing is vital to the process of scaling ventures, and the point of Ipreneur is to accelerate that process. In this way, founders get a compressed version of vital knowledge which requires years worth of learning into a capsule of a few months.
Ipreneur believes that a strong, and seamless business growth requires the perfect blend of people, environment, and support.
Ipreneur has its coworking space called infopace/Ilabhub located in the entrepreneur haven and startup city of Bangalore. Located at GINSERV Facility HAL in the north of Bangalore it has access to the best of transport accommodation dining shopping and lifestyle amenities. Ipreneur has an environment conducive for helping upcoming businesses by surrounding them with people who will mentor, coach, inspire equip and challenge you to achieve accelerated success. It is a highly charged up environment designed to bring people together and help them realise their potential. Ipreneur co-working space is a place where business owners can focus on growing their business, whilst also having the facilities around them with all the benefits and support they need to scale.
The selection criteria would ensure that the teams in the program provide a balancing and peer-supported understanding which also aids in accelerated growth. The electrifying atmosphere of peers vying with each other to step up their efforts to achieve new targets adds a highly motivating boost to the entire process
Through the process of Ipreneur, when the business is ready to receive financial support, a deal is struck to boost up the growth parameters. The deal can be any of the various models like venture equity, grant, venture debt, etc
There are many positives about undergoing an accelerator program. Graduates of Top accelerators are likely to receive further rounds of financing, significantly sooner, than those who have not properly undergone an accelerator course. The value of the accelerator comes from the intensive learning experience itself.