Startup Oasis is a Jaipur based startup incubation centre that is developing an active support ecosystem in Rajasthan to inspire, support and mentor students, budding entrepreneurs and startups to solve local / regional problems, develop breakthrough innovations and create world class startups. It has been set up by the joint initiative of Rajasthan's premiere industrial promotion organization- RIICO (http://www.riico.co.in/) and the Centre for Innovation, Incubation and Entrepreneurship- CIIE, Ahemedabad (www.ciie.co). The incubation centre is further supported by the National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, Government of India.
Some of the key activities of Startup Oasis are:
Incubation, mentoring and funding support of upto Rs 25 lacs as convertible soft loans / equity to startups in the sectors like agriculture, healthcare, crafts & livelihoods, education, energy etc from the low income states of India, including Rajasthan and Madhya Pradesh. Get more details on http://startupoasis.in/invent.php
Knowledge sessions, early stage incubation programs and mentoring to startups & social enterprises from Rajasthan through 7 incubation centres established in the cities of Ajmer, Bharatpur, Jhalawar, Udaipur, Jodhpur, Bikaner and Jaipur in collaboration with the Department of Technical Education, Government of Rajasthan. More details on www.tedstart.com
Physical incubation and co-working space at its multiple centres across the state of Rajasthan in Jaipur (2 locations), Jodhpur, Udaipur, Ajmer and Bikaner. More details on www.coworking.startupoasis.in
Support institutions and organisations in conducting startup incubation programs through capacity building workshops and knowledge / program support services. Startup Oasis has actively supported institutions like Banasthali Vidyapeeth and the Indian Institute of Crafts and Design to conduct women focussed and craft focussed incubation programs, respectively.
Some of the key achievements of Startup Oasis are:
120 startups incubated since January 2014. 20 startups have received angel / venture capital funding from investors and one startup has been selected for the YCombinator program in the US – the second company from India to get selected till date.
16 social enterprises have received funding of more than Rs 3 Crores as part of the Startup Oasis INVENT program.
1200 plus aspiring entrepreneurs and student startups have gone through various Startup Oasis training workshops, boot camps and early stage support programs.
Directly and indirectly motivated more than 15,000 students from Rajasthan to take up entrepreneurship through various events and outreach programs in colleges.