Overview

Building on the success of ASEAN-India Start-up Festival 2022, the ASEAN Secretariat, along with the National Research and Innovation Agency (BRIN), and the ASEAN Economic Forum (AEF) have proposed the “ASEAN ScaleHub” program, set to launch alongside the GATES Enterprise Channel Summit in Bali in July 2024. This annual program aims to support growth-stage startups (scale-ups) in expanding across ASEAN and beyond, offering resources, infrastructure, and mentorship to facilitate networking, collaboration, and business scaling. The initiative aligns with ASEAN’s goals of promoting entrepreneurship and innovation and enhancing public-private partnerships (PPP) for social and economic impact. Startup Incubation & Innovation Centre (SIIC) IIT Kanpur is the lead coordinator from India. The Startup festival is supported by Department of Science & Technology.



Venue & Date



Eligibility


  • Scale-ups eligible should have been in operation for a minimum of two years, revenue-generating with demonstrating resilience, sustainability, and adaptability in their business operations.
  • Any Indian startups (51% shareholding must be with Indian Shareholders) who have developed at least a beta prototype of their product are eligible for the ASEAN-India startup festival.
  • Scale-ups should focus on technology and environmental considerations, aim for positive social or economic impacts, and contribute positively to the Sustainable Development Goals.
  • Preference shall be given to startups having products relevant to the ASEAN market.
  • The Founder of the startup should have a valid passport (valid for alteast next 6 months).

Offerings


  • Scale-ups can engage in 15 pre-qualified one-on-one meetings, facilitating networking with ecosystem partners, investors from the international arena, and government organizations from ASEAN nations.
  • Smart Pitch 60” Seconds.
  • Enhanced Networking opportunities fostering potential collaborations and partnerships within the startup communities of ASEAN and India.
  • Expert Workshops and Knowledge Exchange sessions focused on strategies for scale-up growth.
  • Exposure to international events and opportunities to partner with businesses for expansion in the Asian market.

Application Process


  • Step 1

    Call for applications for eligible startups.

  • Step 2

    Round 2 Evaluations (to be conducted by external evaluation committee).

  • Step 3

    Submission of necessary documents (Passport, Visa, etc).

  • Step 4

    Exhibition and Showcasing events at Bali, Indonesia.


Key Informations


  • A maximum of 40 Startups (from the Indian Side) shall be shortlisted for the delegation.
  • Partner with businesses for expansion in the Asian market.
  • Travel, accomodation and hospitality during the event for one person from each start-up (India) participant will be taken care as per the mandate of DST.

Partners