Vikasa International Center

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Incubation
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Vikasa International Center as center of

excellence offers integrated, customized
Innovation-Based Incubation support services
for
potential
high
investable
social
entrepreneurs and enterprises.

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It scouts for innovative social entrepreneurs,

builds on ideation leading to develop a business
concepts, provides skills and competencies
trough capacity building/ training programs
towards building effective social enterprises.

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Pre-incubation services
Supporting ideation processes, nurture culture of innovation,
counselling support for budding social innovators.

Mentoring and coaching support

Provide skills, training, and information needed to facilitate
enterprise development and help them develop sound, viable
projects that can attain both social impact and commercial
performance.

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Incubation cum Business Development Support

Provide technical and non-technical assistance that is
designed to help prospective entrepreneurs or small
enterprises achieve their specific goals.
Infrastructural support for early commercialization of
ideas.
Design / IP Registration
Creation of design awareness and consciousness
amongst MSMEs

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This include design or concept lead ideas for a feasibility

to business potential, from a variety of forms of
operational support, , investment readiness support and
technical assistance like Business validation, Peer
learning, on-ground support and alliances to help the
entrepreneur address the challenges of commercializing a
business model.

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Process model of VIC incubation

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The Incubation services include the following three stages.

Stage 1: Crowd sourcing
1.Scouting: Leads/deals identified through several
channels that would qualify for this Incubation
facility
Referrals: Through current/ past incubates,
incubators, academic institutions, Angel
investment networks, industry associations and
other academic
Institutions
Events/competitions: Identifying best idea
/innovation
Leads generated through existing eco system
players
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2. Screening/Business validation:
Multiple stage screening process
3. Selection: Idea/entrepreneur/enterprise
identified for Incubation

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Stage2: Incubation activities

Non-financial assistance that is designed to help
prospective entrepreneurs or enterprises with limited
track record achieves their specific goals. This can
include a variety of forms of operational support,
such as:

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 Investment readiness support to determine the

capital needs

of an entrepreneur, and

Prototype modeling piloting and proof of

concept
Technical assistance like mentoring, Business
validation, Peer learning, on-ground support and
alliances to help the entrepreneur address the
challenges of commercializing a business model.

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Stage 3:
Supporting through seed capital / venture investing
partners.
Under this, VIC shall seek to build Seed funding, social
venture investors, impact investors and donors. VIC ensures
to provide eco-system support for social entrepreneurs along
with cross sectional learnings from national and international
expertise.

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Contact Us
Address:
Flat No: 201, ZAMARUD RESIDENCY SOMAJIGUDA,
HYDERABAD 500 082
Email: vijay@balavikasa.org

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