Incubation
Incubation
The Incubation Program at Hatchlab Research Centre is a comprehensive, founder-centric initiative designed to empower early-stage startups in transforming validated ideas into scalable and investment-ready ventures.
Objective
The objective of the Incubation Program at Hatchlab Research Centre is to officially onboard selected ventures into a structured incubation framework, facilitate their legal and operational setup, and prepare them for accelerated growth through continuous mentoring, milestone-based progress tracking, and access to innovation and funding resources.
Key objectives include:
- Supporting formal venture incorporation (e.g., Private Limited, LLP) with end-to-end legal and compliance guidance.
- Onboarding ventures into the incubation ecosystem with structured agreements, progress templates, and reporting mechanisms.
- Familiarizing startups with Hatchlab Research Centre’s processes, mentors, resources, and expectations.
- Assigning domain-specific mentors and defining milestone-based growth plans.
- Establishing regular review checkpoints to monitor startup progress, innovation outcomes, and compliance metrics.
Incubation Framework: The Five Phases
The Hatchlab Incubation Program is designed as a five-phase progression model, ensuring systematic startup development from registration to market readiness and sustainability.
Phase 0: Venture Registration & Onboarding
Objective:
To formally register and onboard the selected startups into the Hatchlab incubation ecosystem.
Outcomes:
- Completion of company incorporation (Pvt. Ltd., LLP, etc.) with legal and compliance support.
- Signing of incubation agreements and documentation.
- Introduction to HRC processes, mentors, and available facilities.
- Baseline assessment and milestone plan creation.
Phase 1: Product Garage – Prototype & MVP Design Program
Objective:
To transform validated ideas into tangible prototypes and develop Minimum Viable Products (MVPs).
Outcomes:
- Prototype design and development through mentorship and technical guidance.
- MVP creation based on real-world user insights and market validation.
- Access to lab facilities, fabrication support, and expert mentorship.
- Initial customer feedback and iteration loop setup.
Phase 2: Innovation Audit – TRL & Product Validation Track
Objective:
To evaluate the technology readiness and validate the product’s feasibility and market potential.
Outcomes:
- Assessment of Technology Readiness Level (TRL) and product scalability.
- Performance testing, pilot studies, and user validation reports.
- Market and customer fit analysis with refined business models.
- Preparation for early-stage funding or investor readiness.
Phase 3: Lab to Launch – Startup Graduation Track
Objective:
To prepare startups for market entry, investor engagement, and commercial launch.
Outcomes:
- Finalization of go-to-market strategy and business expansion plan.
- Branding, marketing, and distribution readiness.
- Investor connects, demo days, and funding opportunities.
- Graduation from incubation to independent market operation.
Phase 4: Startup Vault – Strategy | Fit | Finance
Objective:
To ensure post-incubation sustainability through strategic, financial, and operational strengthening.
Outcomes:
- Implementation of long-term financial and operational strategies.
- Strategic scaling and partnership development.
- Access to advanced funding, acceleration, and global networking platforms.
- Continuous performance monitoring and growth support.
Through this five-phase incubation journey, Hatchlab Research Centre ensures that every startup evolves from a promising idea to a market-ready, scalable, and sustainable venture, equipped to create measurable economic and social impact.