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Background
Information |
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Private business incubator,
funded by the founder's family
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Established in January 2001
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Corporate mission
to assist
entrepreneurs plan, prototype, market, launch innovative products
and services and therein build successful companies.
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Key to
Success |
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Entrepreneurial experience of the Founder
Rahul Patwardan, CEO & President of Indiaco, established 8 firms and 2
venture capital funds in India and the United States.
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Visionary
leadership
Rahul Patwardan, CEO has a great vision going beyond the borders of
his incubator; he also conducts theoretical research in the field
high-tech entrepreneurial development and constantly benchmarks Indiaco
against other best incubation practices in the world.
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Advantageous
location
a wealth of IT and biotechnology talents
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Milestone-based e-mentoring
Indiaco established an Intranet for its tenants and developed a
milestone-based e-mentoring tool that guides tenants companies through
various stages of their start-up venture development process.
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Provides tenant companies with
access to
venture funding
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Indiaco invests in its tenants
through buying 5% of their stock at par value
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Indiaco established a club of
business angels and venture capital firms from India and the United
States and interfaces between its tenant companies and investors
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Most promising
technologies are patented in the
United States.
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Standardized communication interfaces
facilitates convenient internal and external
communication.
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Holistic Approach to
Building Companies
Creating an Ecosystem
Helping Tenants to Excel |
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Indiaco's approach works like 5
basic elements of nature:
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Earth
functions as the root, ground, or source within each phenomenon,
solidity
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Water
entails flow, continuity, penetration
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Fire
entails life, heat, activity,
clarity of the mind
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Air
depicting
change, movement, maturity, life supporting
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Space
intelligence, communication, formlessness, and creative potential
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Selecting Tenants:
Considerations for Entry |
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Is the technology compelling?
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Is there a large and growing market for the
technology?
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Is the founder /
team
committed and
capable?
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Is the lead entrepreneur "coachable"?
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Does the incubator have the capability to
help the company?
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Does the management of the
incubator like
company
leaders and will they add to the
positive environment at the incubator?
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Indiaco a Business
Incubator with a Difference
Indiaco was
established in 2001 as a private equity investment firm that invests in
hi-tech start-ups in India that can access global markets.
Indiaco's
mission is to assist
entrepreneurs
plan,
prototype, market, launch
innovative products and services and therein build successful companies.
By 2004, IndiaCo was recognized by various
multilateral agencies and won support from the World Bank and the
Department of Science & Technology, Government of India
Indiaco's
investment strategy hinges on its ability to invest value added capital
through providing early stage hi-tech start-up ventures with operational
support and infrastructure, management support and
coaching,
and access to a network of service providers, vendors, customers and next
stage investment capital resources.
Indiaco has
build its core competencies in supporting web-based eServices, enterprise
software and hardware products, as well as in bio-medical devices, drug
development and delivery, bio-informatics as well as other technology based
growth areas where intellectual property is
a key measure of
competitive advantage.
Indiaco is a
symbiotic constellation of start-ups, R&D organizations, investors and
service providers to the Hi-Tech sector.
Indiaco functions
as a venture creation engine in addition to being a resource center and
incubator for high-tech startups and early stage companies, Indiaco helps
translate lab research into consumer products and provides an infrastructure
and network to support entrepreneurs.
Indiaco
marries entrepreneurs and technology to build companies and commercial
products, and provides a mechanism for major corporations and government
laboratories to spinout technology.
Indiaco
operates a series of incubating clusters (Indiaco iCenters) that help
entrepreneurs reduce their costs, exposing them to a network of industry and
academic contacts, providing advisory support and a structured business
growth roadmap.
Achievements After 2 Years in Operation
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Located in
India, US, Australia, and Chile
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Invested
in 37 tenant
companies
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40,000 SqFt of commercial space, with
internet bandwidth, plug and play offices.
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Helped
tenant
companies raise over Rs.35
crores
(US$7 million) in
private equity
Venture
Financing Funnel
Venture
Financing: Key Documents
Services
Provided To Tenant Companies
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Milestone-based e-mentoring
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Virtual programs available consisting of the full gamut of coaching and
advisory services, including the use of all conference rooms, equipment,
and temporary office space.
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Office space available at one of our Indiaco facilities
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Mentoring and advise from a team of experts in the Indiaco's Advisory
Program.
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Unmatched referral network of high-level Silicon Valley resources to
help you make the right connections to achieve your goals Personnel
services
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In-house general counsel and law group
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In-house Marketing Communications services including the creation and
maintenance of:
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Company and product branding
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Logo and corporate style guides
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Marketing collateral design and copywriting websites
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Public relations and media assistance
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Advertising campaigns
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Direct mail and email marketing campaigns.
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Use of any of conference rooms
Programs to ramp up your development or launch:
Venture Showcase helps you fine-tune your presentation before experts
from the industry.
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Referral Program introductions to the right people & services.
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Free Legal Clinics get the advice you need. Venture Fairs meet with
potential investors.
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Founders Forum exchange ideas with local
CEOs.
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Student Interns
Contact Details:
Rahul Patwardhan
President & CEO
Indiaco.com (P) Limited
Indiaco iCenter, 214 LBS Road , Pune 411030
, India
Tel:091-20-402-1357,091-20-402-7155,Fax:
091-20-433-4978
Email: rahul@indiaco.com
URL: www.indiaco.com
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