Many early-stage businesses have extraordinary ideas, but the people behind them do not have the
experience and all-rounded knowledge required for running a business. They often have limited
financial resources and do not have the means to invest in good office environments, backend
technologies, and tools, or to hire expert resources. Business incubators groom, nurture, and
support such fledgling concepts, ideas, and pilots, helping them bloom into successful startup
business ventures.
Any individual, a group of individuals, or a business entity can apply. The only requirement is that
the entrepreneurial spirit must exist and there must be a great product or service idea.
Yes, you can. Leveraging our infrastructure and state-of-the-art facilities without the need to make
huge investments in infrastructure makes eminent business sense. You can opt for a limited set of
services based on your business needs. Additionally, you can gain from various events,
knowledge-sharing sessions, workshops, and expert external support in critical times.
An “Incubate,” also called “Incubatee” at times, is a startup/business enterprise/entrepreneur
incubated in the business incubator. The incubate is selected after a due process and is governed by
an agreement with the incubator (in this instance RUBI).
Each project, based on its merits, capabilities, and the background of the promoters, will be
governed by an agreement with the incubator. This agreement will cover all aspects, including if
there will be costs attached to each service, how it will be recovered from the incubate, and how
much it will cost.
Most certainly yes. Projects like these are best suited for incubation. After a thorough evaluation,
if your project is found suitable for incubation, it fully and absolutely qualifies for incubation
in RUBI.
Of course, you can. Anybody can apply. There are no geographical limitations.
Normally yes. However, we could consider projects that are based elsewhere for remote incubation
under exceptional circumstances. For example, if the nature of the project is such that it must be
physically based in some other city.
You may click on the "I’m interested" tab and apply. Upon receipt of the application, the usual
process is as follows:
- Preliminary evaluation by the RUBI team
- Sharing of the detailed pitch deck template
- Presentation to the expert panel in the provided template
- If shortlisted, assisted detailed project application
- Discussion on terms of engagement between promoters and founders
- Agreement for incubation
- Get started
Projects can fail for a variety of very valid reasons. The agreement between the promoters and RUBI
will clearly specify the terms under which severance can happen. Unless overtly specified in the
agreement, the promoter usually does not have to make any payments where he has to sever his
relationship for genuine, valid reasons.
To put it simply, a plug-and-play state-of-the-art office will be one small component of the
incubator. The startup gets many other support systems that have been listed under the services tab.
Certainly, there is almost every support service that a business requires, but is not part of the
core business activity, that RUBI provides. Check out our services tab. One of the key aims is to
free the promoters/founders of the drudgery of these various statutory requirements and let them
focus on business.
Yes. RUBI can help you build marketable products and provide guidance and support to reach out to
the market, sell, and scale it up.
We can guide you through the fundraising process and help you reach out to the investor community.
We also help you apply for government funding. However, there is never a guarantee that a project
will get funded with certainty.