What is LIFTOFF Propel program?
The LIFTOFF Propel program is an initiative designed to support startups and entrepreneurs in scaling their businesses. The program offers mentorship, funding opportunities, and strategic guidance to help businesses grow and succeed in the competitive market.

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Who is eligible to apply for the LIFTOFF Propel program?

Startups and entrepreneurs with innovative business ideas and a scalable business model are eligible to apply. Typically, applicants should have a minimum viable product (MVP) and some initial traction in the market.
 

How do I apply for the LIFT Propel program?

​Interested candidates can apply through the official LIFTOFF Propel program website. The application process involves filling out an online form with details about the business, team, and growth plans.

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What are the key benefits of participating in the LIFTOFF Propel program?
Participants in the LIFTOFF Propel program gain access to experienced mentors, funding opportunities, networking events, and workshops focused on business scaling strategies, market expansion, and operational efficiency.

 

What is the duration of the LIFTOFF Propel program?
The program duration may vary, but typically it spans over a period of 6 to 12 months, during which startups receive continuous support and guidance.

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Is there any cost associated with participating in the LIFTOFF Propel program?
Participation in the Propel program is generally free of cost. However, startups might need to cover their own travel and accommodation expenses for any in-person events or workshops.

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What type of mentorship can I expect in the LIFTOFF Propel program?
The program offers mentorship from industry experts, successful entrepreneurs, and seasoned investors. Mentors provide insights on business strategy, market penetration, fundraising, product development, and more.

 

How is the funding process structured in the LIFTOFF Propel program?

Funding opportunities are provided through pitch events, investor connections, and potential grants or seed funding facilitated by the program. Startups may need to present their business plans and demonstrate their growth potential to secure funding.

 

Can I participate in the LIFTOFF Propel program if my startup is already funded?
Yes, startups that have already received funding are eligible to apply. The program aims to support businesses at various stages of growth, including those looking to raise additional rounds of funding.

 

What kind of networking opportunities does the LIFTOFF Propel program offer?
The program organizes networking events, industry meetups, and investor pitch sessions where participants can connect with potential partners, customers, investors, and fellow entrepreneurs.

 

How is the progress of participating startups monitored?
Startups are required to submit regular progress reports and attend periodic review meetings with mentors and program coordinators. These reviews help track milestones, address challenges, and ensure the startups are on the right growth path.

 

What happens after the completion of the LIFTOFF Propel program?
Upon completion, startups become part of the Wadhwani & LIVE alumni network, where they continue to receive support, access to resources, and invitations to exclusive events. Alumni may also have opportunities for follow-on funding and continued mentorship.

 

Can I reapply if my application is not accepted initially?
Yes, applicants who are not accepted in the initial round can reapply in subsequent cohorts. It is recommended to seek feedback on the initial application to improve the chances of selection in future rounds.

 

How does the LIFTOFF Propel program support diversity and inclusion?
The Propel program is committed to supporting diverse and underrepresented entrepreneurs. It encourages applications from women, minorities, and other marginalized groups to foster an inclusive entrepreneurial ecosystem.