Startups utilize your incubation facilities that include office space, office infrastructure, technology, mentoring, funding, salaries, etc. till they become self sustainable, in return for an equity stake to you in their startup. Only those startups will be incubated that successfully qualify after applying.
You take a small equity stake (`3-10%) in the startup and/ or the startups pay you for the plug n play office space.
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Is this for me
You need to have industry contacts to get mentors, an office space to provide to startups, and very good experience in running and helping startups.
Insight
“If you can ditch your Girl Friend for a date with an [Aspiring] Entrepreneur, you have it!” Mohit Bansal, L-Pad.
How it was done
Having started an MBA course in entrepreneurship to help students, Mohit Bansal saw the need to help them in actually starting up, so altered his model in Feb 2010 and started the incubator: L-Pad, having 13 acclaimed industry mentors, like Alok Mittal, and a plug n play office with seating capacity of 20 people.
Investment - Rs 10 Lakh - 1 Crore
Avg. Break even - 6 months - 5 years
Margin - 0-50%
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