TSC Chennai Resident Applications Now Open! Deadline April 22nd, 2011

3 views
Skip to first unread message

Vijay Anand

unread,
Apr 10, 2011, 4:04:06 AM4/10/11
to TSC Talk - The Mailing list of The Startup Centre
Apply via http://rapply.thestartupcentre.com

The Resident Programme is a Co-working Initiative by The Startup
Centre. The initiative is primarily driven to accomodate founding
teams of early stage startups that are probably working on their
ideas, and prototypes and in most circumstances stand to benefit in
the company of like minded entrepreneurs who are also building
products.

The Resident programme, will function in batches and the call for
applications for the first batch of The Startup Centre Chennai, opened
as of Today. It will close on April 22nd. We are looking for 10 - 15
Teams (20 individual in total) who will be working out of the TSC
premises. This would be out of our premise in Chennai at the Alsa Mall
in Egmore.

There is a certain cost attached to it. Single Founders working out of
there will be charged a monthly fee of Rs. 7500 and Two founder teams
will be charged Rs. 10,000 per month and the period of this service is
for a period of six months. The intent is that in six months once your
prototype, and first set of clients are identified, and as the team
expands, it might be time to move out. And Yes we are purposefully
leaning towards two founder teams (a startup might be too much for one
person)

Here are Ten Reasons Why You should Consider being part of the
Resident Programme:

1. Imagine a hackathon/barcamp like environment Everyday of the Year.
Its Entrepreneurs working like their life depends on it everyday -
beats sitting at home reading techcrunch and wondering whats happening
in Silicon Valley.

2. Entrepreneurs in the same stage are the best place to sharpen your
idea and deepen the value proposition. Most ideas simply are shallow
to survive the first cut of market reality. But you'd have to be
around awesome entrepreneurs for that to happen.

3. We can learn something new everyday. That only happens when you are
in an environment which pushes you to do so. If the beta testing of
TSC is anything to go by, We are learning something new, just by being
an observer.

4. A Hub to aggregate the energy of the Local Startup Ecosystem and
cross border learning. Be at the Centre of it.

5. Share and Borrow the skillsets of each other - If you are a
designer, trade that skill for someone's skill to architect your
system. We know you might not have the money to hire people, but you
might have a skill to trade. Hustling is part of the Startup Process.

6. Experienced Mentors who are around to poke and nudge when required,
to keep you on target. They wont do your work for you, but will
certainly keep you on track when you need a voice of reason.

7. Form the Apex of the Startup Ecosystem and the Benefit of
Association, with a brand that carries trust by people who have been
pioneers of the Indian Startup Ecosystem. Nothing says it more.

8. Leverage the brand to attract talent, be it interns or a workforce
to take your vision forward.

9. Public rumor would tell you that we are based out of a location
(http://bit.ly/hYlIfu) thats quite close to the heart of the city, in
a kickass address, with proximity to eateries that are up through the
night - at a cost that is startup friendly.

Please note that not all companies that apply will be selected for the
programme. We will have a selection criteria based on the kind of
product/service the teams are working on, the stage they are at, the
skillsets they bring to the table etc and various parameters that will
help us give an idea of the synergies that the overall programme will
yield for all the entrepreneurs who are part of it.

Also note that the Resident Programme is not an incubation Programme.
While there will be a lot of peer driven support, and we have
firsthand experience to believe that they are the best kind of support
you can get, there will not be any formal mentor support or funding
guarantees etc (that incubators generally tend to promise) attached
with this programme. That said, Experience tells us that this is the
best way to kickstart that startup idea that you've been mulling and
starting to work on - among a peer of handpicked, awesome
entrepreneurs!

Apply via http://rapply.thestartupcentre.com
Reply all
Reply to author
Forward
0 new messages