Venture Scaleup is an acceleration program designed for growth-stage companies to help accelerate their growth locally and globally. WF Venture ScaleUp will select 10-15 startups that will be part of the blended acceleration program. The program is equity-free for the selected startups.
Selected startups are required to attend the Induction Week sessions in person at the city of their preference – Hyderabad or Pune. This will be followed by fortnightly sessions conducted over weekends until program closure at the end of three months.
Broadly the three stages of the program shall include:
1. Induction Week
o Goal Setting:Startups and program leaders define the roadmap for three months. This is accomplished through multiple one-on-one sessions and workshops.
o The objective of this stage is to understand the potential of the startup, its challenges and opportunities in detail. Startups chalk out an operational plan along with mentors/coaches for the next three months. This period also enables in depth engagement amongst peers and mentors.
2. Three-month blended learning process
o During this period, a series of workshops/webinars enable startups to apply their principles with the help of the experts/mentors.
o Mentoring is the cornerstone of the program at this stage. Multiple mentors/subject matter experts work with each startup to develop a customised mentoring plan.
o Regular review meetings to track progress and make necessary changes during the program.
o Depending on the progress and commitment of the founders towards the program, startups are connected to prospective customers and investors through WF’s network.