Application Process for IP2Biz'24 Energy Edition
Welcome to the IP2Biz'24 Energy Edition Application Process!
Our streamlined application process is designed to help you easily navigate through each stage, ensuring that your innovation has the best chance of success. Below is a detailed breakdown of the steps and key milestones in the application process.
Step 1: Applications Open (August 15)
How to Apply:
Initial Application: Submit your brief application through our online portal. This should include a concise overview of your intellectual property, the problem it addresses, and the potential impact.
Key Documents: Be ready to provide details about your intellectual property, team members, and any existing proof of concept or prototypes.
Why Apply Early?
Submitting early ensures that your application is reviewed promptly, giving you ample time to refine your proposal if needed.
Apply Now: { Google form link }
Step 2: Screening & Selection (September 15)
What’s Next?
If you’re shortlisted, you’ll be invited to submit a detailed application that delves deeper into your intellectual property, business model, and go-to-market strategy.
What Happens During Screening?
Evaluation: Our team will review all applications based on predefined criteria such as innovation level, market potential, team capability, scalability, sustainability impact, and customer validation.
Prepare for the Finals:
Pitch Preparation: Shortlisted startups will receive mentorship to refine their pitches.
Offline Event: The top 25 startups will be invited to present their pitches at an offline event. A curated jury of industry experts and investors will evaluate each presentation.
Step 3: Final Competition (October 5)
Why It’s Important:
This is your chance to shine and demonstrate why your innovation deserves to win. The top 12 startups will receive investment term sheet of 1cr and entry into the MCats Turbo Program.
Step 4: MCats Turbo Program Start
What is the MCats Turbo Program?
Acceleration: The top 12 startups will join the MCats Turbo Program, where they’ll receive intensive mentorship, networking opportunities, and resources to accelerate their growth.
Support: Throughout the program, startups will get access to funding, market validation, and business model refinement.
Why Join?
Being part of the Turbo Program significantly increases your chances of scaling your business and securing further investments.
Learn More About Turbo: https://www.turbo.marwaricatalysts.com/