Parallel Minds Incubation Services aims to create, shape and sustain and empower technology start-ups in pursuing technology, innovation and entrepreneurship objectives. It's aim is to increase the successful development of new businesses, job creation and employment in specific sectors that are aligned with a region’s unique areas of opportunity.
Search for business model, growth and uncertainty are main characteristics of any new venture. Everything comes out of these three fundamental concepts. The search for the business model is the front end of the startup process. The goal is to find a repeatable/scalable model, and then execute. Right business model allows entrepreneur to create value, earn money, experiment, introduce new features, products or services, get more resources.
The earlier you correct mistakes, the faster you earn your first money, the better your position will be in the market. Parallel Minds believes in entrepreneurship spirit and incubates some awesome group of young minds working on innovative ideas and areas like block chain - augmented reality and deep learning.
During incubation period, Parallel Minds ensures protection from capital costs (CAPEX) and operational costs (OPEX) and provides access to office space, internet, electricity and more importantly the spirit to work along with fellow entrepreneurs, a chance to securely meet investors and get access to quality manpower and advisors. They also gains access to facilities such as data center, security and IT Infra and support for smooth development and operations.
Parallel Minds involves in their company and ensures that the developed products and services during incubation - transforms in to a profitable enterprise. Parallel Minds provides young talent pool from premium Engineering colleges in the city where we have our extended labs available for on-campus development.