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Overview
UPES launched its flagship project ‘Runway’, a Start-up Incubator Program in 2021, that works with start-ups within and outside of the university. It nurtures ideas, provides funding, and helps them transition into strong, scalable, and successful businesses, thereby preparing students not just to be job seekers, but job creators as well. Over 200 start-ups have been incubated at Runway since its launch in 2021 and more than INR 1 crore funding has been raised so far. UPES has also received a INR 5 crore grant under NIDHI i-TBI (Inclusive-Tech Business Incubator).
Mentorship
Runway plays a crucial role in fostering entrepreneurship and supporting startups through various mentoring initiatives, designed to provide guidance, resources, and expertise to help budding entrepreneurs develop their business ideas and navigate the challenges of starting and growing a new venture. Mentoring is provided by faculty members, alumni, industry experts, or successful entrepreneurs who provide advice and guidance to startup teams. There are regular meetings, discussions, and feedback sessions where mentors share their insights, experiences, and advice. Tailored to the specific needs of startups, there are one-on-one mentoring sessions, group sessions, or a combination of both, depending on the stage of development and the challenges faced by the startup. To know more, visit https://www.runwayincubator.com/