The Startup Incubation initiative by JMoon MakerSpace and RoboRium.com is another way for us to help fellow makers and entrepreneurs go from idea to product. Interested in a collaboration? Click here.
What kind of a startup?
For incubation we are interested in makers and entrepreneurs working on:
– Consumer or Industrial Robotics
– Internet of Things
– Wearables or Fashion Tech
– Augmented/ Virtual Reality
– AI based application: Machine Learning, Speech Recognition, Computer Vision etc.
– Blockchain
– Distributed Internet
– App Based Dating or Social Networks
– Bringing internet/ solar power/ personal transport to rural areas
– Education/ EdTech with STEM or STEAM-CS courses
What does the Entrepreneur get?
Unlimited Access to Makerspace : With our in-house startup program, entrepreneurs can get unlimited access to the makerspace and work on their prototype using ALL the available resources.
Feedback from Early-Adopters : The developed prototypes get listed on RoboRium to find early-adopters from the maker community and get their immediate feedback.
Access to Interns and Makers : Entrepreneur’s who need extra helping hands, can invite interns and members of the makerspace to join their vision.
Access to Manufacturing Partners : In our years of operations, we have cultivate contacts with great manufacturers all around the world and you can get access to these partners to turn your idea into physical products.
Help with Business Plans and Funding : The entrepreneurs can also choose to get our help to create business plans. Fund raising can take anywhere from 3 to 6 months, which is precious time that could be used for improving the product. Entrepreneurs can take our help in raising funds to go from prototype to production.
Discounts on RoboRium : Incubated startups also enjoy discounted prices of products on RoboRium.com.
How do I become an in-house entrepreneur?
Fill out our form at the bottom of this page with details of your idea/project, and intended application area and we will arrange your visit to JMoon MakerSpace to know more about the idea, discuss if your idea/prototype needs to be further improved, what needs to be done to turn it into a startup, and take you through the complete step-by-step process of incubation.
At what stage should I apply?
To apply for the incubation your idea needs to be at one of these phases:
1. Have an idea, but not completely sure if its worth pursuing it full time.
2. Have an idea, and are already working on the prototype/ proof of concept.
3. Prototype/Proof of Concept is ready and want to gauge public response to the idea.
The stage you are at will help us determine the incubation time you’ll need and make other related decisions.
What does the makerspace get in return?
The entrepreneurs give away a small portion of their company’s equity (5-8%) and/or share their skills and knowledge with the maker community through workshops and classes. This decision is taken by the entrepreneur and our core management team during a 1-on-1 meeting, once the startup’s idea is selected.
Does the makerspace invest in the company?
Our founders may choose to invest in the company at the seed stage, or help you reach out to angel investors in the startup ecosystems of India, Silicon Valley, Canada or UK for Seed and Series-A round of funding.
Other Resources we recommend for Hardware startups:
- RoboRium.com : building prototypes and selling to early-adopters
- brinc.io : accelerator
- angel.co/india : hiring and fund raising
- xfactory.io : incubator
- incubateind.com : hardware hackathons
- rollsroycestartupaccelerator : accelerator
- dragoninnovation.com : manufacturing partner
- jlcpcb.com : manufacturing partner
- seeedstudio: manufacturing partner
- seedinvest.com : fund raising
- republic.co : fund raising
- gsvlabs.com : resources
- trello.com : remote team working
- startupgrind.com : networking
- indianangelnetwork.com : fund raising
- artilab.org : disability focused ideas
- investindia.gov.in : Indian government startup initiatives
- startupindia.gov.in : Indian government startup initiatives
- indiainvestmentgrid.gov.in : Indian government projects
- expireddomains.net : finding expired domain names for company
- web.archive.org : historical view of a website
- weebly.com: website building
- elgg.org : website building
- socialengine.com : website and app building
- canva.com : designing
- pexels.com : free photos and videos
- ycombinator.com : accelerator and resources
- clutch.co : development outsourcing
- fi.google.com : international calling
- textnow app : having a country specific international number
- techstars.com : networking
- alchemistaccelerator.com : accelerator
- e-resident.gov.ee : start a company in Estonia
- stripe.com/atlas : register company in US
- ownr.co : register company in Canada
- wefast.in : hyperlocal delivery service
- meratask.com : hyperlocal delivery service
- mojoversity.com : resources
- profitbooks.net : accounting software
- thefarmatl.com : accelerator
- socionity.com : app builder
- tross.co : crowdfunding campaign management
- kickbooster.me : crowdfunding affiliate management
- producthype.co : crowdfunding campaign feature and boost
- biggercake.com : past crowdfunding campaign's response
- jotform.com or pledgebox.com : online survey and form
- hackster.io/launch : crowdfunding platform
- crowdsupply.com : crowdfunding platform
- kickstarter.com : crowdfunding platform
- indiegogo.com : crowdfunding platform