The Hatch, an incubator and accelerator for startups, today announced plans of a new 25,000 sq ft incubation centre in Gurgaon today.
The Hatch focuses on concept stage entrepreneurs and helps them convert raw ideas into strong businesses. Within a year of its operations, The Hatch already has 20 portfolio companies and over 100 mentors.
“The new facility will allow us to have a presence in the Gurgaon & NCR region which is a growing hub for high-potential entrepreneurs with global aspiration. This upcoming facility will build upon our existing operations of a virtual incubation program, domain specific incubator in cognitive sciences, extensive learning centre and an existing 25,000 sq ft incubator in Chandigarh. The upcoming Hatch centre will act as a catalyst to the early stage entrepreneurial ecosystem in the region. We intend to be the default destination for assistance and awareness for all startups,” said Puneet Vatsayan, Co-founder & Chairman, The Hatch.
The Hatch for Startups – a non-profit organisation was founded in March 2012 with the objective of supporting high performance entrepreneurs, facilitating the formation of a larger pool of mentors and early stage investors, and overall enabling and catalysing the early stage start-up eco-system in India.
The Hatch centre in Gurgaon has the facility to accommodate over 50 startups a year and will have common facilities like meeting rooms, conference rooms, board rooms, reception, lounge, cafeteria, etc. In addition, the Hatch Centre in Gurgaon will also provide the lounge and meeting rooms to the Hatch partners visiting NCR region from across the world.
“These will include entrepreneurs, mentors, investors, accelerators and other incubators as well. The Hatch Centre will have 2 event rooms that can accommodate over 100 people each and will be used for The Hatch Institute events and also be available to other organisations that are participants in the entrepreneurial system to hold their events,” said Anupama Arya, Co-founder and Managing Director.
