5 Reasons to Apply| TRAI Next

5 Reasons to Apply

1

TRAI provides an ecosystem of support: Participating corporate and institutional investors as well as Sente Foundry investment partners’ network and deep vertical expertise provides startups with value-added services that cost no extra fee.

2

Develop skills for the founding team: We help the founding team in identifying gaps in critical skill sets during the due diligence process. The conversations with VCs and industry leaders will help the startups build a short-term as well as a long-term hiring strategy.

3

Improve the offerings of your startup: Our 5-week program ends with a “Demo Day”, where participating startups pitch for follow-on investments from local or global VCs. Regardless of the outcome of these pitches turn into cheques, the process helps the founding team build the first iteration of their business.

4

Validating your business model: This program could be the first time that you have raised external funding. This, in turn, encourages angel investors (friends, family, a local angel or a local angel network) to invest in a follow-on investment round. The primary reason it that Angel investors feel that “graduating” from an TRAI Next de-risks to a certain degree the business plan, a sales and marketing strategy, and a technology roadmap.

5

Networking with peers: You’ll be in the company of some of the brightest, most driven entrepreneurs around, who will hopefully challenge you to be even better. The great ones will challenge a founder’s assumptions and offer routes to faster growth, based on learnings across other extremely early-stage companies.