PUNE: Wadhwani Foundation’s flagship initiative, the National Entrepreneurship Network (NEN), announced the launch of its business accelerator for growth stage startups’ WF Venture ScaleUp’ in Pune
WF Venture ScaleUp is a three-month accelerator programme aimed at hyper growth-oriented startups and applies Ash Maurya’s Scaling Lean approach.
WF Venture Scale Up is a zero equity and no fees programme and is focused on investor and customer connects as a key benefit to start-ups. The programme provided focused coaching and consulting on three growth levers - costumer, cash and capacity (3Cs) using scaling lean principles. During this programme, Nen growth coaches, domain experts and mentors will work with participating entrepreneurs to help achieve tangible growth with a focus on the right ‘Traction Metrics’.
US-based Ash Maurya will interact directly with start-ups on benefits of ‘Scaling Lean’ wither through video conference or in person. Maurya is an author of the international bestseller ‘Running Lean: How to Iterate from Plan A to a plan that works’.
Commenting about the launch, Dr Ajay Kela, President and CEO, Wadhwani Foundation, said, “With over a million youths turning 18 every month, India needs thousands of accelerators that drive job creation. India has only 140 accelerators, most of which are not producing the goods. In comparison, China has over 1,500 incubators.”
Start-ups can register for WF Venture ScaleUp programme at venturescaleup.wfnen.org on or before January 8.