QRate: Is an assessment program which provides a detailed report on the startup’s potential
and investment worthiness. Much like a health check-up report from a diagnostic lab, the
assessment report “scorecard” provides startup founders with actionable insights to strengthen
their business plan and improve chances of receiving funding.
QRate is a combination of 3 key components to help startups increase their chances of success,
and of getting funded: Startup Scorecard, Skill Building & Fundraising Assistance
1. Startup Scorecard (Assessment & Rating of the startups on various aspects of
business): Startups are assessed on multiple parameters of business and provided with
a detailed QRate Card (Scorecard) which includes an assessment report on their
strengths and weaknesses. The major parameters for the evaluation include the
2. Skill building program for startups:
Aimed at significantly improving the chances of success of startups. Enabling entrepreneurs via structured access to capital and potential customers is a powerful proposition, and one that equally benefits startups, investors, corporates, and the broader startup ecosystem in the state. Skill building will help entrepreneurs become better prepared for business, and for fund raising.
The next step after generation of the “Startup scorecard” shall be to help startups identify problem areas and offer corrective actions to improve the health of business via below mentioned activities:
3. Investor Connect:
To streamline the deal flow pipeline and make startups business ready & improve their chances of success, the program shall enable networking and facilitate connect with VCs and Angel Investors via a predefined standard structure. As part of the Investor Connect, the partnerships are being done with various venture capitalists and investors from across the country which shall help us in showcasing the startups that are business ready to potential investors.
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