INCUBATING IDEAS AND VENTURES

At SELCO incubation Center, we evaluate ideas and social ventures, that need mentoring, funding and support. Entrepreneurs with an idea or a venture that is operational can apply for incubation.

Entrepreneur
with Intent

Entrepreneur
with an Idea

Entrepreneur
with a Start-up

Entrepreneur with an
Ongoing enterprice

THE CHALLENGE

Energy access for underserved communities is a very challenging terrain.

Energy access for underserved communities is a very challenging terrain. Problems are very segmented and contrxtual – thus the solution also cannot be standardized. The eco-system required to run a sustainable enterprise has to be built along with the enterprise itself.

The challenges an entrepreneur, in this sector, needs to solve are very different from a typical retail or a product selling company:where the end-value and financial products are very well defined. the field of energy access is still very green and numerous of those processes have to be experimented with and worked on to make them replicable:all this requires ti,e and capital which many of the entrepreneurs do not have the luxury off.

Also one needs to be very sensitive about ‘selling’ the product to the poor where financial resources are minimal and is at competition to cater to other needs. A true enterprice and entrepreneur would always make sure that the interventions his or her organization does would always have a positive impact on the end-users (from a quality of life or increased incomes).

BARRIERS

Limited access to working capital and innovation money.

Lack of trained personnel

Goegraphical and supply chain constraints

Poor access to end-user capital and to custom designed rural credit.

Lack of market perception regarding the requirements of the poor households.

Non-existent, changing or poorly formulated rural energy policies

To keep the social mission intact

Lack of defined available products that are poor-centric

HOW SELCO INCUBATION SOLVES THE CHALLENGES

The challenges an entrepreneur, in this sector, needs to solve are very different from a typical retail or a product selling company:where the end-value and financial products are very well defined. the field of energy access is still very green and numerous of those processes have to be experimented with and worked on to make them replicable:all this requires ti,e and capital which many of the entrepreneurs do not have the luxury off.

Also one needs to be very sensitive about ‘selling’ the product to the poor where financial resources are minimal and is at competition to cater to other needs. A true enterprice and entrepreneur would always make sure that the interventions his or her organization does would always have a positive impact on the end-users (from a quality of life or increased incomes).

BENIFITS OF SELCO INCUBATION

The key differeniator from other incubation vehicles is mentorship and support during the critical early growth phase of the enterprice under a successful
operatinal social energy enterprice like SELCO and the need based individual focus on all SELCO incubatees.

LOOKING FOR ENTREPRENEURIAL SUPPORT?

We can help you nuture your social entreprenuership to bring in a change

APPLY