Introduction

The Sona Incubation Foundation's Young Entrepreneurs (S.I.F.Y.E) program is a three-month intensive initiative aimed specifically at empowering college students aged 18 to 30 to transform their innovative ideas into viable startups. This program is part of S.I.F.S.P.A.R.K (Startup Programs And Research Knowledge) and focuses on igniting innovation and fostering entrepreneurial excellence among youth.

Application Phase

Startups submit Post-Program Support applications detailing their business model, team composition, and product stage.

Selection Process

Review of applications by a panel of experts(Subject matter expert, Industry mentor). Selected startups are notified and required to confirm participation.

Program Kick-off

Orientation session to introduce participants to the program structure, mentors, and resources available.

Month-1

Workshops 1,2,3
Special workshop 1
Milestones to startups for next 2 months.

Month-2

Workshop-4,5,6
Special workshop-2,3
Progress meet -1
Mentor connect -1

Month-3

Workshop-7,8,9
Special workshop - 4
Progress meet - 2
Mentor connect -2
Progress Validation
MVP - Showcase-1

Graduation

Issuance of completion certificates to participating startups.

Post-Program Support

Alumni network access for ongoing mentorship and support.

Opportunities for further incubation based on performance during the program.

Key Features

Objectives

Guidance : Assist participants in transitioning from idea generation to market-ready solutions.
Skill Development : Provide comprehensive training in essential startup skills through curated workshops.
Validation : Help participants validate their business ideas and refine their prototypes.

Mentorship : Each participant is paired with an experienced mentor from relevant industries to provide tailored guidance throughout the program.
Workshops : A structured curriculum featuring nine curated workshops designed to equip participants with vital entrepreneurial skills.
Networking Opportunities : Participants will have opportunities to connect with industry experts, potential investors, and fellow entrepreneurs to expand their professional networks.

Eligibility Criteria

Educational Enrollment : Candidates must be enrolled in a full-time degree program at any recognized institution, including universities, colleges, and technical institutes.
Age Requirement : Participants should typically be between 18 to 30 years old at the time of application.
Stage of Startup Development : Ideal candidates should be at the ideation or prototyping stage of their startup journey.
Team Composition : Encouraged to apply as part of a team (2-4 members).
Commitment : Must attend all sessions during the program.

Program Structure

Duration - 3 Months
Curriculum Overview - Workshops on : Ideation and Concept Development

Application Process

Submit an application detailing your business model, team composition, and product stage.
Applications will be reviewed by a panel of experts.
Selected startups will be notified and required to confirm participation.
An orientation session will introduce participants to the program structure, mentors, and available resources.

FAQs

What is the focus of the S.I.F.Y.E program ?
How do I apply for the program ?

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