SJCE Science & Technology Entrepreneurs Park (STEP)

SJCE Science & Technology Entrepreneurs Park (STEP) is located at JSS Science & Technology University in Mysuru, Karnataka, India. With a legacy of over 35 years, it is recognized as one of India's oldest incubators, dedicated to nurturing the entrepreneurial spirit and fostering innovation.

SJCE-STEP provides incubation and acceleration programs for startups at various stages, from ideation to growth. Their services include seed funding, mentorship, legal and accounting assistance, and access to strategic partnerships and investor networks, primarily supporting startups in India.

SJCE-STEP offers comprehensive support including seed funding, mentorship, legal and accounting assistance, and access to a network of strategic partnerships and investors.

<p><strong>What are the eligibility criteria for applying?</strong></p><p>Startups at various stages, from ideation to growth, are eligible to apply. The focus is on technology-driven ventures in sectors such as fintech, healthcare, AI, and climate.</p><p><strong>How does the application process work?</strong></p><p>Interested startups can apply through the official website. The application involves submitting a detailed business plan and may require interviews with the selection committee.</p><p><strong>What are the deal terms for accepted startups?</strong></p><p>Accepted startups receive an investment of $500,000, along with mentorship and access to resources. The program lasts for 52 weeks, providing ample time for development.</p><p><strong>What is the format of the program?</strong></p><p>The program is structured over 52 weeks, combining workshops, mentorship sessions, and networking opportunities. Startups engage in activities designed to refine their business models and prepare for market entry.</p><p><strong>What makes SJCE-STEP different from other accelerators?</strong></p><p>SJCE-STEP is one of India's oldest incubators, with a legacy of over 35 years. Its extensive network and experience in supporting technology-driven startups set it apart from other programs.</p><p><strong>What are the success metrics for alumni?</strong></p><p>Alumni have demonstrated significant revenue growth and successful funding rounds post-incubation, with many scaling their businesses substantially within a short timeframe.</p>