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Incubation

PrISE Incubation Program

A programme by Bala Vikasa Center for Social and Responsible Business (Bala Vikasa Center for Social and Responsible Business)

A nine-month non-funded incubation program supporting social startups and budding social entrepreneurs in establishing and scaling their enterprises.

About PrISE Incubation Program

The program offers assistance and mentoring in management, finance, infrastructure, and networking. It includes coworking space, fully furnished office space for two from each startup, meeting and conference rooms, and printers. Benefits include mentoring, education & access to knowledge, networking & people connection, financing & access to finance, facility based services, brand building, and business services. Eligibility requires a highly motivated, committed social entrepreneur, an early-age startup with an innovative and impactful idea/solution, a working prototype, a technological fix/solution, passion for making a difference with business solutions, and willingness to learn and experiment. The selection process involves shortlisting based on impact potential, scalability, team capabilities, founders’ background, market & financial attractiveness, and business feasibility, followed by a final interview with entrepreneurs, investors, mentors, in-house experts, and industry experts. The cohort design follows VCA method, SOCENT Neuro Linguistic Programming, Role of Positive Psychology for Motivation in Entrepreneurial Development, Asset Based Community Development (ABCD), PRA, AI & TBL, How to Build Socially Minded Enterprises and Mobilize Communities, Learning by Doing (Conation), Understanding the Entrepreneurial Process, Result Based Management (RBM), Building and Managing Impact Enterprise.

Where to apply

Other BVCSRB programmes

Everything about Bala Vikasa Center for Social and Responsible Business