The Internet and Mobile Association of India (IAMAI) has launched India's first virtual incubator project. This program has been launched for tech startups companies. This global pandemic situation will take care of the mid and short-term needs of startups through this virtual incubator. IAMAI President Subho Roy launched the virtual incubator program and said that at present, more than 80% of the digital tech space startups have been badly affected due to the global pandemic. Therefore, we urge large companies to help these startups through virtual incubators.
This virtual incubator's primary methodology has to be taken care of by the needs of startups outside big cities like Bengaluru, Mumbai, Chennai, Delhi, and Kolkata. "Made for India," products and service ideas originated in many small towns and cites. But these startups and their founders are hard to validate their ideas because they are outside the so-called startup network, they raise enough money for a "proof of concept" and cannot find suitable guides and guardians. Joining with IAMAI's virtual incubator could be the category and nationwide reach of those startups in the future and possibly global reach in the future.
This platform for virtual incubation is accessible for making incubation programs accessible to every startup in the country without any physical barriers and geographical boundaries. It will be a virtually accessible program for every Indian startup to provide state-of-the-art incubation services and thus enables startups to charter their success stories and is designed with a very flexible structure meeting the changing needs of almost every flexible startup. The program will require close supervision by dedicated mentors from the industry relevant to domains, regions, and many cohorts to be created based on the progress of startups.
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