Bengaluru: Venture Factory by i2india announces Entrepreneur-in-Residence (EIR) program to facilitate mid-stage and other industry professionals who are bitten by the startup bug. In light of this, the entity has invited applications from middle and senior level management executives with robust domain and operational knowledge & experience in order to join EIR program. Revolutionizing the startup landscape of India, this unique Venture Builder Platform brings proven factory concepts like cell-manufacturing efficiency, 6-sigma quality and just-in-time inventory to the exciting world of technology startups.
Deepam Mishra, CEO, Venture Factory, asserts, “India is today a hotbed of technology innovation and the startup and entrepreneurship momentum has been fueling this trend even further. In our nation’s pursuit to move from being perceived as a service industry to a product nation, we need as many experienced hands as possible to make this a reality. The EIR program promises to harness the best of both worlds by enabling our seasoned technology professionals to pursue their entrepreneurial dreams. We believe this will pave the way for a more innovation and the creation of many more business leaders in the years to come”.
Through the EIR program, the entity will support senior executives with substantial market-vertical experience or those who’ve been entrepreneurs. Venture Factory invites such seasoned industry professionals to take a stab at living their startup dreams by joining the unique program. By shortlisting suitable candidates, Venture Factory will put these EIRs to work on business ideas, which are backed by seed investments. Until the startups make money; they will be getting a monthly compensation and incentives with founder-equity in the startup.