How to get money for your startup as student entrepreneurs?
Most of the students entrepreneurs say that we have an idea but we don't have the money. We have a very good business models with promising outcomes/results. We just need someone who can put some money initially and yeah boom! you will see the first Kuldeep Pisda. So in this post I will tell you how you may get money/resources for your startup, mainly focused for students but if you are not one, no problem. Still will help you as well. Just go through the whole post.
- Two Questions
- Some Program to boost your journey
- Incubators and Accelerators
- Chal Startup Karte Hain
As already mentioned, a lot of entrepreneurs/student entrepreneur think and believe that they have a unique idea with the best business plan. All they need is money. And often money becomes an obstacle in their journey. Don't worry we have got your back. So in this post I will share the resources which might or might not help you to get the money that you are looking for. But it will surely help you to get the resources which you would have bought with those money i.e. server, services, platforms to grow your business.
Before talking about those programs let me tell you one thing. You should ask these 2 questions if you think you need money.
- How much money do you need?
- Do you actually need money?
You need to be clear in your mind whether you actually need money or is it just an excuse to not start. You may fool the whole world but not yourself. So be clear about that in your mind. Well, read the post further I have listed a few programs where you may get credits to run or at-least start your operations.
Some Program to boost your journey
GitHub Students Program
Well, this program is not specifically for entrepreneurs but for the student developers. Yeah! it is jugaad. You will get access to 50+ development tools and resources that you need to start your startups you just need to verify that you are a student. These tools and resources include Free Domain name for 1 year to mailing services such as Mailgun to Sendgrid to servers such as DigitalOcean, AWS, and Microsoft Azure to payment integration Stripe. This is an amazing pack and you should definitely use it if you are a student entrepreneur or a student developer. A lot of your cost will be reduced. Also since Microsoft acquired GitHub they are bringing a lot of more collaborations in this pack more frequently. And yeah it is worth.
Startup School by YCombinator
Learn how to start a startup with YC’s free 10-week online course. Selected companies who complete the course will also receive $15K.*
Join a network of over 15,000 founders across 140 countries. Find entrepreneurs near you and build meaningful connections.
Gain access to the Startup School founder forum. Get feedback, support and help from the community.
Engage with fellow startups. Participate in weekly group sessions and set goals for your company.
Cut startup costs and get discounts from the best in the business (Stripe, Digital Ocean, Amazon Web Services, Google Cloud, Intercom, and more).
Ans upon the successful completion of the course you may get 15k $ in funding.
Hatch is DigitalOcean's global startup program that helps you grow your business. Spend less time worrying about cloud infrastructure and more time building great things.
Startups can receive 12 months of infrastructure credit (amount varies by partner organization).
We’re here to help with monthly expert webinars and office hours. Get access to one-on-one meetings with our Product Managers, Solutions Engineers, Developer Advocates, and other experts in their field.
Your tickets get moved up the queue. We support you with 24/7/365 technical support and a 99.99% uptime SLA for all services.
A community of builders
Join our vibrant community of startups. We bring together other founders, investors, and influencers to connect online and meet in-person at Hatch events.
Apply Here: https://www.digitalocean.com/hatch/
Amazon Web Services provides startups with the low cost, easy to use infrastructure needed to scale and grow. With the AWS Activate program, startups get access to the resources they need to quickly get started on AWS – including credits, training, and support.
Build or scale with up to $100,000 in AWS promotional credits.*
Get help credits toward AWS Business Support with 24x7 access to cloud support engineers.
Apply Here: https://aws.amazon.com/activate/
Google for startups
Honestly there are a lot of things that Google for Startups offer. But notably you might be interesting in the Cloud Credits worth 1000$ for one year.
Apply here for Credits: https://cloud.google.com/developers/startups/apply/
At last but not the least you may want to participate in hackathons and win them. You may find a lot of hackathons happening all around the year. I use Hackerearth and Devfolio. There are a plenty of platform where you might get the details for the hackathons. And yeah believe me it is fun participating in hackathons. Initially me and my friend used to do this and we still participate.
Incubators and Accelerators
So there are a lot of incubators and accelerators that offer you these credits to run your startup in the very initial phase. Investors may not offer you money on the basis of just an idea with nothing else. And same may be the case with Incubators and Accelerators. But if you are really passionate about your idea and if you are working on it than this post is surely gonna help you.
There are a lot of incubators and accelerators around the country which facilitates seed funding, pre-incubations, incubation etc to startups. We are listing only a few of them. I will list a few of them which might help you.
Society for Innovation and Entrepreneurship, IIT Bombay or SINE provides upto 3 years incubation support to startups from varied technology and science areas. Incubation can be physical or virtual.
- Infrastructure: Dedicated fully furnished office spaces, lab resources, prototyping lab for fabrication, shared facilities.
- Funding: SINE’s seed funding, facilitation of Govt. grants.
- Mentoring: Business and Technical mentoring support from experts.
- Retainer Services: Legal, CA, CS, IP, HR etc.
- Events: Incubated startups get to participate in all of SINE’s events and workshops.
- Ecosystem: Access to various centres, labs, technology expertise of the institute.
You just need to make sure that you should be a product based startup.
Technology Incubation and Entrepreneurship Development Society (TIEDS) has been established to promote innovation and entrepreneurship in the region.
TIDES offers the following infrastructural facilities to its incubatee companies on an individual/shared basis:
- Office space: Company specific (up to 6 to 8 people team).
- Internet connection
- Standard Office Furniture.
- Uninterrupted Power supply.
- Teleconferencing facilities.
- Meeting/Conference room with projection equipment.
- Access to various laboratory and other facilities of the institute at nominal fee.
- Pantry facilities.
- Common secretarial pool/staff (depending on availability of such staff with TIDES Centre).
IIIT-Hyderabad manages its innovation, entrepreneurial and technology outreach efforts through Centre for Innovation & Entrepreneurship (CIE).
- Google Cloud Platform
- Amazon Web Services
- Microsoft BizSpark
- F6s alpha Credits
- Legal / CA services
- Graphic Designing
- Intellectual Property services
- Root Node – Research Connect
- Courier Service
Chal Startup Karte Hain
It is an initiative by HappyChases to help entrepreneurs. And it is my pleasure to announce that we have already launched our forums and it is live here. We wanted to build a platform where we can connect with the people from the same mindset, where we can ask our doubts related to starting a startup, discuss free deals that may help you initially to quick-start your startup and so on. So, we created this community cause together we grow.
You may want to join it, if
- You are an entrepreneur
- You have a startup
- You plan to have your own startup/business
- Looking for suggestions/help
- Looking for mentors
- Looking to mentor
- Connect with the people of the same mindset
- Looking for relevant events, resources
And it is totally free, there are no hidden charges for using our platform.
We are on a mission to help entrepreneurs who want to follow their passion and want to do something of their own. To create a better tomorrow.
Also, we are launching our digital magazine soon. So do subscribe and get an early bird offer where you will get the same for free.
Our first podcast is already live and the new episodes are coming this Saturday.
Kindly help us by letting us know in the comments below what more information you would love to have at HappyChases.
Thanks for your lovely time, Chase It Happily :-)
Subscribe for the latest updates and enable the push notifications so that you will get it the earliest when we release something new and exciting.