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Social Entrepreneurship Incubator Hyderabad - Vikasa International Center

Vikasa center is the hub for Innovation, Incubation and Entrepreneurship. We support and empower social entrepreneurs with the required tools to expand their business.

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Social Entrepreneurship Incubator Hyderabad - Vikasa International Center

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  1. Vikasa International Center

  2. Incubation

  3. Vikasa International Center as center of excellence offers integrated, customized Innovation-Based Incubation support services for potential high investable social entrepreneurs and enterprises.

  4. 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.

  5. 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.

  6. 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

  7. 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.

  8. Process model of VIC incubation

  9. The Incubation services include the following three stages. • Stage 1: Crowd sourcing • 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

  10. 2. Screening/Business validation: Multiple stage screening process 3. Selection: Idea/entrepreneur/enterprise identified for Incubation

  11. 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:

  12. 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.

  13. 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.

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

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