Velocity:
Nurturing tech ventures with tailored business incubation to scale and thrive in the ecosystem.
Velocity at NSRCEL
*Note - This form is only for expressing interest in the program. The actual application form is the final step in the registration process.
Ready to take your startup to the next level? At NSRCEL’s Velocity Incubation Program, we support early-stage, revenue-generating startups in accelerating their growth. The program is tailored for entrepreneurs with a Minimum Viable Product (MVP) ready or early revenue, focusing on scaling and market readiness.
Over the course of a year, you’ll receive strategic guidance and hands-on support to supercharge your product, validate your market, attract customers, and grow sustainably. Whether you’re perfecting your product-market fit or gearing up for explosive growth, Velocity equips tech founders with the tools, mentorship, and confidence to conquer the challenges and hit those big milestones in the tech world.
Our Impact Over the Past 6 Cohorts
Who is eligible to apply?
Tech-First/Tech-Enabled Ventures
Ventures that leverage technology or are tech-enabled
MVP Ready
Must have a fully developed product in place
Revenue-Generating
Should already be generating revenue
Customer Base
Must have an existing customer base or early customers
What to expect?
Build Product-Market Fit
Refining products with user feedback and market insights, scaling through market analysis, user metrics, and iterative improvements for sustained growth.
Founder’s Mindset
Build the mindset to evolve into a well-rounded founder with the business acumen and confidence needed to excel in the startup ecosystem.
Sustenance and Scale
Helping startups refine their business models, market positioning, competitive analysis, and revenue strategies to sustain and scale their growth
Need Assessment
Mapping the requirements of ventures and ecosystem trends to offer focused development initiatives, ensuring targeted support for startup growth
Networking and Partnerships
Connect with industry experts, mentors, and potential collaborations with entrepreneurs of the NSRCEL community and other stakeholders to create a conducive ecosystem.
Governance
Understand legal frameworks, intellectual property, compliance, and navigate regulatory challenges in data privacy, cybersecurity, and industry-specific regulations
Mentoring
Learn and Interact with a vast network of experienced mentors, including our NSRCEL alumni, industry leaders, and VCs across the board
Operational Readiness
Advising startups on operational best practices and lean methodologies, supporting scalable growth, and providing resources for optimizing productivity and efficiency.
Demo Day
Founders undergo a financial readiness workshop and pitch their products to investors and stakeholders to secure funding.
Customer Market Discovery
Identifying target customer segments, while guiding customer acquisition channels with sales strategies and marketing techniques.
Incubation Process
Here’s all that Velocity is About
Here’s how we bring the startup ecosystem together
FAQs
Who is eligible to apply?
This program is open to ventures that are
- Tech / Tech-enabled Ventures: ventures that leverage technology or are tech-enabled.
- MVP ready: Must have a fully developed product that’s ready to go to market.
- Revenue-Generating: Should already be generating revenue.
- Customer Base: Must have an existing customer base or early customers.
When can I apply?
You can register your interest throughout the year. The intake happens twice a year, once in March and September. Applications for September intake is live now.
What is the duration of the Incubation?
The cohort lasts for 12 months but it does not end there, you will then be a part of our NSRCEL community.
Does the program focus on specific sectors?
YES, we consider applications from only the technology sector, based across geographies registered in India.
Where will the program take place?
The program takes place in a hybrid format with physical events/meetups often taking place in Bangalore or other cities.
I have applied in the past for a different program. Can I apply again?
Sure, but to improve your chances of selection, do highlight additional information on the progress you have made since your previous application.
What does NSRCEL expect from you?
We expect you to be an active participant in all the efforts we put into nurturing your venture.
How much does it cost to apply or participate in the program?
The program is free of cost and no equity is taken from the startups. The program is fully supported by NSRCEL.
Does the program focus on specific geographies?
We consider applications from across all geographies registered in India.
Will my startup get funding in the process?
The program does not guarantee funding for your enterprise. During the incubation period, we also organize a demo day where the founders pitch to the pool of investors from NSRCEL’s fundraising network.
My question is not answered here. What do I do?
Reach out to us at velocity@nsrcel.iimb.ac.in