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Fostering Innovation for Positive Change
Inventing things and Creating spin-off startups around emerging technologies
We are on a bigger mission to foster innovation for positive change, towards universal common good.
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Fostinno is creating a new model to create startups, a pre-incubator where one can even join at pre-idea, pre-team stage. Members join in as ‘Entrepreneur in Residence’ (EIR) and explore a domain of their interest, to find, define and finalize a problem they find meaningful. Exhaustive brainstorming is done with other teams, mentors and specialists to reach an optimal solution. Once it evolves to a Proof of concept (POC), the project is incubated in a six month Fostinno Venture Labs (FVL) program. During it a minimum viable product (MVP) is build and a product market fit is found. Fostinno helps in idea validation, team building, connection to relevant people and networks, fund raising strategy etc and all things that a seed would requite to grow into a sustainable plant. The members are considered co-founders in a project and are paid major equity share. On completion, the startup graduates, and proceeds to the growth phase. The Fostinno alumni network continue to help founders for the life of their startup and beyond.
Applications are being accepted. If you have just started and are exploring a field. Apply for ‘Entrepreneur in Residence’ (EIR) to Fostinno Research.
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HQ: Chandigarh, India